The house isn’t great, but what a block of land !!
There are 3/4 bedrooms, 1 bathroom and toilet, original kitchen, large open-plan living area, and various other storage rooms and sheds on the front of the property.
You are in for a surprise when you walk down to the backyard.
Currently there are a few goats running in the back paddock, which has lots of sheds / pens and plenty of trees. The total land area is 1.03 ha or approx 2.5 acres.
What you could do with that !

Subdivision (with council approval) is one. Or build your dream home on this land.
It is only a few minutes to the CBD.