103 Vincent Road, Wangaratta VIC 3677
103 Vincent Road, Wangaratta VIC 3677
103 Vincent Road, Wangaratta | 1930s character house | 3-bed, 1-bath, 2-car | Mid-sized 659–660m² block | Established residential street
The property’s core strength lies in its classic 1930s construction on a practical, mid-sized block—a configuration that remains consistently sought after in Wangaratta’s established suburbs. The presence of a study and built-in robes adds functional flexibility beyond the standard three-bedroom layout, making it a sensible fit for young families, first-time buyers, or investors seeking a durable rental with solid yield potential. Its single-level design and residential zoning offer straightforward liveability without the complexity of strata or overlay restrictions, and the absence of detected flood, bushfire, or heritage constraints reduces hidden compliance risk. For a buyer wanting an older house with character, room to personalise, and a location close to schools and services, this property competes well against newer but smaller alternatives.
The property’s age will likely influence its condition and presentation, and the value may hinge on how much updating the kitchen, bathroom, or finishes require. The internal area discrepancy between sources suggests the floorplan could feel more compact than some buyers expect, so a physical inspection is advisable to confirm actual usable space. The land size, however, offers potential for future extensions or outdoor improvements, which may support long-term value growth. Buyers should weigh the renovation scope against the purchase price, as a well-executed update could meaningfully lift both comfort and resale appeal, while a neglected interior might limit short-term upside.
Detailed Independent Property Report prepared by PropCred Analyst team for 103 Vincent Road, Wangaratta VIC 3677
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
Income Risk
2
Execution Risk
1
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Market Insight
Wangaratta is a regional Victorian market with established infrastructure and highway links to Melbourne. Demand is driven by investors and owner-occupiers: 44% of owners hold mortgages, moderate population growth and strong income growth support buyer interest, including 1,751 monthly inquiries. House prices are $525,000–$530,000, with growth ranging from flat to 16.7%, indicating a stable yet uneven market. Units outperform, at $355,000–$391,750 with 9.7–13.6% annual growth, weekly unit rents of $360–$385, and gross yields near 5.4% versus 4.3% for houses. Sales velocity is moderate, with houses on the market 27–44 days and annual volumes of 298–404. The main constraint is affordability: household income is below the regional average, elevating rate sensitivity and capping price growth for higher-end stock.
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PropCred Estimated Value
Comparable Sales: 30 Vincent Road (3-bed, 1-bath, 600m², sold $410k–$450k) and 42 Vincent Road (4-bed, 2-bath, 651m², sold $480k–$520k) | Property Price Band: $350k–$450k | Value Drivers: land size, renovation potential, street location
Bedrooms
3
Bathroom
1
Parking
2
Land
659m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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