117 Kenny Road, Yarroweyah VIC 3644
117 Kenny Road, Yarroweyah VIC 3644
Rural lifestyle holding | 11.77 hectares near Murray River | 3-bedroom dwelling with farm infrastructure | suited to hobby farming or mixed-use.
The propertyโs strongest buying case is its landholding scale at 11.77 hectares, rare for this price band in Yarroweyah, combined with a functional 3-bedroom dwelling and substantial 6-car garaging. It positions as a genuine rural holding rather than a house on acreage, which appeals to buyers seeking space for equipment, livestock, or horticultural use. The previous $200,000 sale twelve years ago and current valuation alignment suggest steady land value appreciation, not speculative pricing. It serves best as a semi-retirement lifestyle block or a small-scale farming entry point.
Risk resides in the dwellingโs age and condition, which remain unverified; any significant renovation need would erode the value proposition. The rural location limits resale pool depth and may require investment in water or fencing. However, the opportunity lies in using the land productivelyโagistment, market gardening, or storageโto offset holding costs. Hold medium-term for land value growth, or use as a family base with income from land use.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 117 Kenny Road, Yarroweyah VIC 3644
Market Insight:
Yarroweyah presents as a small, established rural community with a mature demographic profile, where demand is primarily driven by owner-occupying couples seeking detached housing. The market has experienced a notable softening, with house prices declining significantly over the past year, indicating a period of correction. While rental yields are solid and vacancy is very low, suggesting a tight rental market, the suburb’s future growth is constrained by its small scale and limited sales activity, which can lead to price volatility.