12 Wollemi Drive, Shepparton North VIC 3631

Modern family home in quiet court | Self-contained studio adds rare flexibility | 90% owner-occupied street signals stability | Built 2019 with low-maintenance finishes. The buying case rests on the property’s unusual configuration for its price point. The self-contained studio is not a bonus room—it is a genuine separate dwelling that can house an income-producing tenant, an ageing parent, or a teenager without compromising the main house’s two living areas. In a suburb where 90% of neighbours are owner-occupiers and long-term residents dominate, this property offers a rare income or multigenerational option without the stigma of a subdivided block. The 2019 build means ducted gas heating and cooling, solar panels, and keyless entry are already integrated, reducing immediate capital outlay. It serves best a buyer who wants a turnkey home with a secondary space that can offset mortgage costs or accommodate extended family. The risk is that the studio’s value is partially speculative—local rental data is insufficient to confirm achievable yield, and the property sits at the higher end of the estimated value range. The 51% site coverage leaves limited backyard for expansion, and the court location, while quiet, may limit future resale pool to families who prioritise privacy over proximity to amenities. The opportunity is to test the studio’s rental potential immediately post-settlement; if it achieves $250–$300 per week, the effective holding cost drops significantly. Hold this property as a long-term family home with a built-in income buffer, not as a short-term flip.