28 Glory Way, Shepparton VIC 3630

28 Glory Way, Shepparton VIC 3630
Vacant 503m² lot | Shepparton low-density pocket | Prior sale $151k | Wide price range $160k–$375k This is a straightforward vacant block in a small, quiet street of mostly houses, so the competitive strength lies in its simplicity and land size. The 503 square metres offer enough room for a standard family home with a decent backyard, which suits a buyer looking to build in a low-density residential area without the complexity of a subdivided or sloped lot. Being part of a street with only four houses reinforces a settled, uncluttered character that appeals to those wanting space and privacy rather than proximity to busy infrastructure. The property best serves an owner‑builder or a first‑time buyer willing to invest in construction, given the land is empty and ready for a fresh start. The wide gap between the prior sale of $151,500 and the current price guide of $160k–$180k versus a separate estimate near $375k suggests the market has not settled on a clear value for this block. A buyer should weigh whether the lower guide reflects genuine market softness or a motivated seller, while the higher estimate may be optimistic. The lack of detail on services, title constraints, or slope means a careful inspection of the lot’s physical condition and legal status is warranted before forming a price view.
Detailed Independent Property Report prepared  by PropCred Analyst team for 28 Glory Way, Shepparton VIC 3630
Checks found:
Value Risk ! 1
Liquidity Risk
Planning Risk
Income Risk ! 1
Execution Risk ! 1
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Market Insight

Shepparton presents as a stable regional centre underpinned by a diversified economic base. Demand is driven by affordability and strong rental growth, attracting investors and owner-occupiers seeking value. Recent price trends show solid annual growth, though market conditions are softening with rising stock and extended selling periods. Future growth is primed by its economic fundamentals, yet risks include increasing vacancy rates and sensitivity to broader interest rate pressures.
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PropCred Estimated Value

Bedrooms

-

Bathroom

1

Parking

-

Land

503m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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