We consider a graph-structured change point problem in which we observe a random vector with piecewise constant but unknown mean and whose independent, sub-Gaussian coordinates correspond to the $n$ nodes of a fixed graph. We are interested in the localisation task of recovering the partition of the nodes associated to the constancy regions of the mean vector. When the partition $\mathcal{S}$ consists of only two elements, we characterise the difficulty of the localisation problem in terms of four key parameters: the maximal noise variance $σ^2$, the size $Δ$ of the smaller element of the partition, the magnitude $κ$ of the difference in the signal values across contiguous elements of the partition and the sum of the effective resistance edge weights $|\partial_r(\mathcal{S})|$ of the corresponding cut -- a graph theoretic quantity quantifying the size of the partition boundary. In particular, we demonstrate an information theoretical lower bound implying that, in the low signal-to-noise ratio regime $κ^2 Δσ^{-2} |\partial_r(\mathcal{S})|^{-1} \lesssim 1$, no consistent estimator of the true partition exists. On the other hand, when $κ^2 Δσ^{-2} |\partial_r(\mathcal{S})|^{-1} \gtrsim ζ_n \log\{r(|E|)\}$, with $r(|E|)$ being the sum of effective resistance weighted edges and $ζ_n$ being any diverging sequence in $n$, we show that a polynomial-time, approximate $\ell_0$-penalised least squared estimator delivers a localisation error -- measured by the symmetric difference between the true and estimated partition -- of order $ κ^{-2} σ^2 |\partial_r(\mathcal{S})| \log\{r(|E|)\}$. Aside from the $\log\{r(|E|)\}$ term, this rate is minimax optimal. Finally, we provide discussions on the localisation error for more general partitions of unknown sizes.