124 Loch Street, Yarragon VIC 3823
124 Loch Street, Yarragon VIC 3823
4.02ha rural block near Yarragon | 4-bedroom house with dual-bathroom potential | last sold 2022, now valued near $990k | suited to lifestyle farming or acreage seekers
This property offers a rare combination of scale and proximity, sitting on just over four hectares within Yarragonโs residential fringe. The four-bedroom house with two bathrooms provides immediate liveability, while the land itself carries the primary value โ suitable for hobby farming, horse keeping, or simply securing a large private holding outside the metropolitan sprawl. For a buyer seeking a genuine rural lifestyle block without sacrificing commuting access to the Latrobe Valley or Melbourne via the Princes Highway, this represents a competitive entry point. The 2022 sale history and current valuation band suggest the market has not yet repriced this type of holding aggressively, giving a buyer room to negotiate on condition or timing.
The inconsistencies in records โ bathroom count and exact land size โ indicate the property may have been modified or poorly documented, which could affect financing or insurance if not clarified. The $2.3 million listing appears stale and should be disregarded; the realistic value sits well below that. No recent transactions or ownership details mean a buyer must independently verify title, easements, and any heritage overlays. For a buyer prepared to conduct due diligence and hold for medium-term lifestyle use rather than speculative gain, this property offers a solid base with limited downside. Use it as a permanent residence with room to expand or as a weekend retreat with future subdivision potential, subject to council policy.
Independent, Unbiased Research Report for this property by PropCred Analyst teamย
Market Insight:
Yarragon is a regional Victorian suburb experiencing strong population growth, positioning it as an evolving lifestyle destination. Demand is primarily driven by established, trade-skilled residents seeking a tree-change, supported by rising household incomes. The housing market has seen modest price adjustments recently, with a balanced sales environment and properties transacting at a steady pace. Future growth is underpinned by sustained demographic expansion, though the market faces typical regional supply constraints and sensitivity to broader economic conditions.