11 Murrull Avenue, Swan Hill VIC 3585
11 Murrull Avenue, Swan Hill VIC 3585
Three-bedroom house | 845sqm block | walking distance to schools | strong owner-occupied street
The property at 11 Murrull Avenue offers a rare combination of a generous 845sqm block with a practical 122sqm floor plan in a street where 90% of properties are owner-occupied, signalling stable neighbourhood character and low turnover risk. Its proximity to Swan Hill North Primary School and Swan Hill College within 500 metres makes it particularly suited to families or investors targeting the family rental demographic. The block size provides scope for future extension or subdivision potential, which is a meaningful advantage in a market where land supply is constrained.
The main risk is the property’s age and condition, which is not detailed in the available data and may require immediate capital outlay for updates or repairs. Buyers should budget for a thorough building and pest inspection before committing. An opportunity lies in the price gap between the current listing of $448,000 and the estimated value of $470,000, suggesting potential for immediate equity gain if the property is purchased below the estimate. The 168% appreciation since 2015 also indicates strong long-term capital growth in this corridor, though past performance is not a guarantee of future returns.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 11 Murrull Avenue, Swan Hill VIC 3585
Market Insight:
Swan Hill presents as an affordable regional centre with a stable, family-oriented demographic base. Demand is driven by local professionals and young families seeking relative value compared to broader regional Victoria, supported by steady population growth. Recent price trends indicate modest growth with a balanced market, evidenced by consistent sales volume. Future growth is underpinned by its role as a service hub and attractive rental yields, though affordability constraints relative to local incomes and sensitivity to economic conditions present key considerations.