31 Yarrowee Cres, Wollert VIC 3750

3-bed house on compact lot | high bathroom ratio | no overlays | fibre broadband | 5G coverage This house presents a tightly configured offering, leveraging its three bathrooms and absence of overlays to serve small families or professional sharers seeking modern convenience with low compliance risk. The high-spec connectivity and enclosed outdoor spaces directly support contemporary work-from-home and lifestyle demands, positioning it efficiently within its price segment against larger, costlier lots on the same street. Its appeal is fundamentally to the budget-conscious buyer prioritising internal utility and move-in readiness over land expanse. Your decision hinges on accepting lot size as the primary trade-off for affordability, which permanently limits extension potential and may compress capital growth relative to the street. The sold price exceeding the listed range confirms immediate competition for turnkey stock in this bracket. Acquire for hold as a high-utility rental or a long-term residence, but not for land-bank speculation. The commercial logic is solid for yield, not for significant land value arbitrage. Comparable sales on Yarrowee Crescent show: – 35 Yarrowee Cres: Larger 468m² lot, building 277m², sold for approximately $1,042,000. – 37 Yarrowee Cres: Larger 446m² lot, building 246m², sold for approximately $809,000. This confirms that 31 Yarrowee Cres achieved its $740,000 sale price by offering a more compact, building-heavy package on a significantly smaller lot. For buyers, this establishes a clear value proposition: you pay a premium per square metre of land for a modern, fully-serviced house, sacrificing future subdivision potential for present-day affordability and lower maintenance.