22 Orwell Street, Wangaratta VIC 3677
22 Orwell Street, Wangaratta VIC 3677
2 bedrooms, 1 bathroom, 1 car space, 500 square metre land, 118 square metre internal, weatherboard, built circa 1930, West End location. This is a 2-bedroom house on a smaller-than-average block, sitting in a suburb dominated by 3-bedroom homes on larger lots.
This property’s core strength is its entry-level price point in a sought-after West End location. Its original weatherboard character is a genuine draw for buyers seeking heritage charm in a family-friendly school catchment. It serves first-home buyers and investors best, offering a lower cost of entry than the typical 3-bedroom stock, while still sitting within a highly regarded residential zone with no restrictive overlays. Its smaller land area is not a weakness for this buyer group, as it keeps the price accessible and the maintenance low.
The 2-bedroom configuration may limit its appeal to families, which could narrow the buyer pool and affect how quickly the property sells. The smaller 500 square metre block is a real constraint compared to neighbouring homes, and this should be weighed when forming a view on price. The property’s value may also be influenced by the condition of its original weatherboard and the extent of any updates needed, as buyers often factor in renovation costs for character homes.
Detailed Independent Property Report prepared by PropCred Analyst team for 22 Orwell Street, Wangaratta VIC 3677
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
Income Risk
1
Execution Risk
1
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Market Insight
Wangaratta presents as a stable regional hub with solid infrastructure links. Demand is driven by a growing population of established residents and investors attracted by competitive rental yields. Recent price trends show stability in houses but stronger growth in the unit segment, with a brisk sales market indicating healthy turnover. Future growth is supported by demographic and income expansion, though affordability pressures and sensitivity to economic shifts present key constraints on the market’s trajectory.
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PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
1
Land
500m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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