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1 Kanana Crescent, Wangaratta VIC 3677

390,000

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$390k - $410k Transparent Transparent Listing Based on an openly advertised listing price.

House 2 Beds 1 Bath 2 Cars 1092 m²

Listed: 53 days ago

Updated: 19 hours ago

Overview

Located on a generous 1,092sqm block in Wangaratta, this property offers tremendous potential for those with renovator experience or vision. The existing 2-bedroom home, featuring a master bedroom with built-in robes and a single bathroom, currently requires substantial repairs following an unsatisfactory building inspection. The single carport and adjoining garage provide convenient parking while the kitchen is equipped with gas cooking facilities for everyday functionality.

The home includes essential comforts like gas heating, a wood fire, and evaporative cooling, supporting year-round comfort. Extensive outdoor areas, including a fully secure backyard with a 6m by 5m undercover space and garden shed, create numerous possibilities for gardening enthusiasts or outdoor living lovers.

Positioned close to primary and secondary schools, recreational facilities, walking and biking tracks, and shopping strips, this parcel of land is flexible for those considering renovation, rebuilding, or redevelopment, subject to necessary council and planning approvals. This opportunity is ideal for project buyers, builders or investors interested in a promising future by transforming a property with sizeable land and proximity to amenities.

Local Market Insights

In Wangaratta, Quiet Listings observed 21 new houses entering the market over the last 30 days, down from 59 during the previous 30-day period, with an average advertised asking price of $803,476. The property type mix of listed properties is predominantly Houses at 54%, followed by land (38%), and units (8%). The most active agency for houses in the Wangaratta area is currently Tait Real Estate, representing 33% of new listings, followed by Garry Nash & Co with 19%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.