14 Elmside Avenue, Warragul VIC 3820
14 Elmside Avenue, Warragul VIC 3820
No bushfire risk | Flood free | Heritage clear | Rental yield tight
The core decision rests on whether the buyer can accept a below-median yield in a market where 4-bedroom houses average $709k. At $595 per week rent against a $734k estimate the weekly return sits well under 4.2% which makes this a hold-first buy, not a cashflow play. The 624sqm block and 231sqm build offer genuine space for families who intend to stay five years or more, and the dual living zones reduce friction for growing households. The clear risk overlays are the real prize here, no overlay means lower insurance and faster resale.
What makes this property competitive is the walk-in robe provision across three bedrooms and the large entertaining deck, both rare in this price tier in Warragul. For a buyer targeting the primary school corridor at 1.3km and the regional college at 1.7km the position is operationally strong, particularly with 5G coverage and double garage parking. This house serves best the owner-occupier family who values linear space and low overlay risk over short term rental return. The market has already spoken on Elmside Avenue with 65% owner occupancy and 35 days average listing time. The logical next step is a structural inspection of the deck substructure and a search of the recent comparable sales within 300 metres to verify the $734k reference point, both tasks you can complete inside 48 hours.
Detailed Independent Property Report prepared by PropCred Analyst team for 14 Elmside Avenue, Warragul VIC 3820
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
1
Income Risk
Execution Risk
1
URL has been copied successfully!
Market Insight
Warragul is a thriving regional hub attracting young families and professionals seeking a balanced lifestyle with modern amenities. This demographic shift, supported by strong population growth, underpins steady demand. The housing market demonstrates resilience with stable values, while the unit segment presents a more varied performance. Future growth is anchored in continued infrastructure investment and its established community appeal, though the market’s evolution is tempered by a notable increase in available listings.
URL has been copied successfully!
PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
624m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
URL has been copied successfully!