34 Service Street, Tatura VIC 3616

34 Service Street, Tatura VIC 3616
Large central block | family-ready brick home | flood overlay noted | strong rental potential This property offers a rare combination of a substantial 2009-square-metre block and a 351-square-metre home in central Tatura, where large allotments are infrequent. The floorplan with four bedrooms, two living areas, a study, and a rumpus room suits families needing separation of space, while the shed and fully fenced yard add practical utility. The estimated rental income of $505 per week supports a viable investment case, and the school zoning adds long-term buyer appeal. For an owner-occupier, the configuration and land component provide a competitive edge over newer, smaller infill developments. The flood overlay is the primary risk, potentially affecting insurance costs and future resale buyer pools, though no bushfire or heritage constraints apply. The automated value estimate sits below the asking range, which suggests the land size and central positioning are being priced at a premium. Buyers should verify the flood overlayโ€™s impact on insurance and any building restrictions before proceeding. For a buyer, this property works best as a long-term family home or a hold for capital growth, given the scarcity of such land in the area.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 34 Service Street, Tatura VIC 3616
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Market Insight:

Tatura presents a compelling regional proposition, characterised by exceptionally strong house price growth, which is attracting both owner-occupiers and investors. Demand is driven by families seeking larger homes, supported by solid rental yields. The market for houses is active, with competitive selling periods for larger properties, though unit performance has diverged. Future prospects are underpinned by this sustained house demand, yet affordability pressures within the regional context and moderate sales volumes represent key considerations for prospective buyers.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

6

Land

2009mยฒ

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