14 Tarrengower Street, Donnybrook VIC 3064

New 4-bedroom Donnybrook house | built 2024 | no overlays | auction 9 May | strong rental yield This property’s primary strength is its new-build condition on a standard residential lot, which removes immediate maintenance risk and offers a full builder’s warranty period. The 289m² floorplan is generous for the area, and the double garage is a practical advantage over many comparable listings. It is best suited to a first-home buyer or investor seeking a turnkey holding in a growth corridor, where the 71% owner-occupier ratio suggests stable neighbourhood demand. The absence of bushfire, flood, or heritage overlays simplifies due diligence and insurance costs. The key risk is pricing: the $680,000–$795,000 range spans a wide gap, and the 28% auction clearance rate in Donnybrook signals softening buyer appetite. A buyer who pays near the upper end may face short-term negative equity if the market continues to cool. The 8.1 km distance to Edgars Creek Secondary College is a limitation for families with older children, and the property’s reliance on Opticomm rather than NBN may slightly narrow the tenant pool. The opportunity lies in the $530 per week rental estimate, which supports a buy-and-hold strategy if acquired below $720,000. Hold for five years to capture corridor infrastructure uplift, or exit via auction if bidding stalls early.