27 Butcher Street, Echuca VIC 3564
27 Butcher Street, Echuca VIC 3564
Generous 702m² block | 3-bedroom layout | established Echuca location | no overlay constraints
The property’s primary buying case rests on its rare combination of a 702m² lot with no bushfire, flood, or heritage overlays in an established Echuca neighbourhood, which provides a low-risk holding and future subdivision or redevelopment optionality. The 31% building coverage and 220m² built area indicate significant land value relative to the dwelling, making it competitively positioned for buyers seeking land bank exposure without paying a premium for a renovated house. The zoning for Echuca Twin Rivers Primary School and Echuca College adds demographic stability, and the functional layout with central lounge and built-in robes suits first home buyers and investors who prioritise yield over finish. The rental midpoint of $485 per week supports a solid entry-level investment case.
The key risk is the dwelling’s age and unrenovated condition, which limits immediate capital growth and may require near-term expenditure on systems or finishes, particularly given the 2006 last sale date and no recent improvements. The satellite-derived data at 80% confidence introduces minor uncertainty about exact site conditions. However, the absence of overlay restrictions and the large lot create a clear opportunity to hold for land appreciation or to develop later, with the current rental income covering carrying costs. This property is best used as a long-term land play with a functional rental buffer.
Detailed Independent Property Report prepared by PropCred Analyst team for 27 Butcher Street, Echuca VIC 3564
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
2
Income Risk
Execution Risk
2
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Market Insight
Echuca presents as a mature, established regional hub with a stable owner-occupier base, anchored by its riverine location and transport links. Demand is driven by an older demographic seeking lifestyle and affordability, supported by solid population growth. The housing market exhibits robust recent growth and strong sales activity, though price data shows some volatility. Future growth is underpinned by high rental yields and rising rents, yet the market faces potential headwinds from moderate supply and inconsistent unit performance.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
1
Land
702m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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