274 Ogilvie Avenue, Echuca VIC 3564

Central Echuca river proximity | 615sqm freehold block | three-bedroom turnkey house | strong rental yield above 6% | consistent capital growth since 2017 This property offers a rare combination of a generous 615sqm freehold block within walking distance of the Campaspe River and central amenities, paired with a turnkey interior that eliminates immediate renovation costs. The house serves first-time buyers seeking an affordable entry into a desirable location and investors attracted to a rental yield exceeding 6% in a market with consistent tenant demand and low vacancy risk. The recent kitchen update and ducted gas heating reduce maintenance burdens, while the fully fenced yard and garden shed add practical family appeal. The primary risk is the asking price sitting above automated valuation estimates, which may limit short-term equity growth and require patience for capital appreciation to catch up. Buyers should negotiate firmly toward the lower end of the listing band to improve margin. The property’s zoning allows future development potential subject to council approval, offering a long-term option to subdivide or extend. Hold this house as a stable rental with moderate capital growth, or occupy and improve incrementally to build equity.