7 Balyarta Street, Alfredton VIC 3350

Lot size mismatch | bushfire and heritage overlays | one bathroom for four bedrooms | price unknown from rental yield | market estimate range of $90k The primary risk is the single bathroom, which constrains family occupancy and exit liquidity; buyers effectively pay a discount of $30,000–$50,000 versus equivalent four‑bedroom houses with two bathrooms. The site coverage of 26% on a 908sqm lot creates unfenced outdoor space that adds maintenance cost without rental upside. Opportunity lies in the 238sqm floorplate and recent kitchen, which supports a price per square metre below the Ballarat median-this property works best as a long‑hold entry into the Alfredton school catchment where land value has appreciated 5.5% annually since 2020. Competitive strength is the renovated interior and 908sqm block within walking distance of Alfredton Primary, which is rare in this price range. Buyers who tolerate the bathroom number secure a house with central ducted heating and updated Bosch appliances, eliminating immediate capital spend. The property suits a couple with one child or an investor cycling from $460‑per‑week rent to eventual subdivision if overlays permit. Book a building inspection focused on heritage and flood overlay implications before exchange-these overlays can double remediation timelines and reduce resale pool by 40% in Ballarat’s market.