15 Brooke Court, Numurkah VIC 3636
15 Brooke Court, Numurkah VIC 3636
Large detached house | rural-residential fringe | acreage-style setting | owner-occupier demand | modest rental yield
Properties on this side of Numurkah are defined by their space. The house is expected to sit on a substantial parcel in a low-density pocket where holdings reach acreage scale, reinforced by the farming zone context of a rural-fringe area. That configuration is rare in the suburb’s stock profile, dominated by smaller detached homes on conventional blocks. It best suits owner-occupiers seeking room for a large family, hobby farming, or separation from neighbours. The 2007 build era in this pocket suggests a modern dwelling with a sensible layout, limiting the need for renovation. Demand here is driven by lifestyle first.
Value may be shaped by dwelling condition and land usability, as large blocks carry maintenance expectations smaller yards do not. Rural-residential zoning may widen the buyer pool via hobby-use flexibility, while modest rental returns might be seen as an investor limitation. The 2007 build may factor into price, though it is modern enough to avoid structural concerns.
>> Comparable Sales: 9 Brooke Court sold for $125,000 (Apr 2007) | Property Price Band: $600K–$700K | Value Drivers: land size, dwelling condition, rural-fringe setting
Detailed Independent Property Report prepared by PropCred Analyst team for 15 Brooke Court, Numurkah VIC 3636
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
2
Income Risk
2
Execution Risk
1
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Market Insight
Numurkah, a regional Victorian town with a median age of 50 and a low-income, ageing demographic, is largely driven by outright owner-occupiers of detached houses. House prices range from $410,000 to $420,000, with growth signals mixed: annual gains of 5.8% to 8% contrast with a 12-month decline of 0.6% and a quarterly drop of 3.5%, pointing to softness. Units are firmer, up 10.9% to 18% to a median around $305,000–$306,000. Rental yields are solid at 5.3%–5.4% for houses and 6.6% for units, with weekly rents of $445–$450 and $370 respectively. Sales volume is thin at 111–124 annually, and days on market vary widely from 54 to 113, reflecting an inconsistent market. Future growth depends on regional infrastructure and broader demand, while price volatility and the older, lower-income base remain key constraints.
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PropCred Estimated Value
Bedrooms
4
Bathroom
3
Parking
7
Land
1.02 acres
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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