3/33 Coghill Street, Yarrawonga VIC 3730

Rear unit | 3-bed 2-bath | 274sqm block | 75% owner-occupied building | 4.43% long-term growth proxy This property’s competitive edge is its position as the rear unit in a predominantly owner-occupied three-unit block, which typically means quieter neighbours and better building care than investor-heavy complexes. The 274sqm lot is generous for a townhouse and provides private outdoor space that many newer units lack. The 4.43% annual capital growth achieved by the neighbouring unit over 22 years suggests this location has delivered steady, if modest, long-term appreciation. For downsizers or first-home buyers wanting a central yet low-maintenance footprint, this configuration is rare in Yarrawonga’s current market. The primary risk is the thin local market for three-bedroom units, which can mean longer selling periods if circumstances change. The estimated value sits below the asking guide, so price negotiation is realistic. The building’s long average owner tenure (25 years) signals low turnover risk but also means any deferred maintenance may surface gradually. For an investor, the rental yield proxy from the neighbouring unit (near 5%) is solid for the region, though no direct rental data exists for this specific unit. Hold as a long-term owner-occupier or buy for stable rental income; short-term flipping is not supported by market depth here.