10 Rule Street, Shepparton VIC 3630
10 Rule Street, Shepparton VIC 3630
Family-ready location | Polished floorboards throughout | Rented within days in 2024 | No flood or bushfire risk | Large 4-space parking
This house presents a competitively strong offering for a family or investor, defined by its immediate proximity to a primary school and major health services. Its recent rental at $500 per week, achieved after only 12 days on the market, demonstrates tangible tenant demand in a sought-after pocket. The combination of three bedrooms with built-in robes, multiple split-system units, and a substantial shed on a 627m² block creates a practical and low-maintenance package that outperforms typical suburb stock, particularly in parking provision.
The primary decision rests on its valuation against recent sales, as the last sale was twelve years ago. The established rental demand and lack of environmental risks provide a stable floor, but the final price must be justified by comparable sales within the 5km radius. Acquire this property as a long-term hold for reliable rental income or as a family home leveraging the exceptional school catchment; its recent rapid leasing history confirms its income resilience.
Detailed Independent Property Report prepared by PropCred Analyst team for 10 Rule Street, Shepparton VIC 3630
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
2
Income Risk
2
Execution Risk
2
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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
4
Land
627m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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