10 Alexander Parade, Shepparton VIC 3630

10 Alexander Parade, Shepparton VIC 3630
Corner block with pool | South Shepparton pocket | Dual access | Flood and bushfire overlays This house presents a strong proposition for an owner-occupier seeking space and amenity in a sought-after school catchment. Its 788m² corner block with dual access and shedding offers rare sub-division potential or future flexibility within a tightly held location, further supported by a large building footprint. The established nature of the area, proximity to Guthrie Street Primary, and the presence of a pool cater specifically to families seeking a long-term home. The property’s value is directly moderated by its overlays; the flood and bushfire designations impose specific insurance costs and potential future compliance expenses on any renovation or development. However, the commercial logic for a buyer lies in acquiring a large, serviced block in a high-demand pocket at a price that already factors these constraints. Acquire for hold, occupying the existing dwelling while future-proofing the land for strategic use.
Detailed Independent Property Report prepared  by PropCred Analyst team for 10 Alexander Parade, Shepparton VIC 3630
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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

Parking

3

Land

788m²

Assessments Delivered Today

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