28 Yellowgum Avenue, Lyndhurst VIC 3975

Modern 2018 build | 350m² low-maintenance lot | Prime family locale with pool/gym access | Strong rental yield signals | No bushfire/heritage overlays This property presents a competitively strong, low-risk entry into a tightly held family precinct. Its 2018 construction date means modern building standards, energy efficiency with solar, and contemporary finishes without immediate capital works, positioning a buyer for stable occupancy and cost predictability. The configuration—a single-level four-bedroom home with dual living zones—serves the family buyer precisely, while the absence of environmental overlays removes a significant approval hurdle common in newer growth corridors. Its established rental history and current yield estimates signal immediate income viability, making it equally suitable for an investor seeking a ‘set and forget’ asset in a high-demand rental catchment. Proceed with the understanding that the 350m² land parcel represents the prevailing, smaller lot product for the area, which caps future subdivision potential but ensures lower upkeep—a deliberate trade-off. The price reflects this newer, turnkey product versus larger, older blocks. The opportunity lies in securing a modern home in a maturing community where amenities are already operational, avoiding early-stage infrastructure delays. This is a hold proposition: acquire for long-term capital stability driven by scarcity of new supply in established streets, or for reliable rental serviceability given the documented tenant demand. Recent sales on Yellowgum Avenue provide a direct value anchor. The May 2025 sale of 26 Yellowgum Avenue for $1.041 million, a comparable house, sets a strong upper benchmark. The subject property’s last sale in 2016 at approximately $294k underscores significant historic appreciation. This trajectory, against the current estimated value range, suggests the street is absorbing price growth, supporting a purchase at or near the current guide.