167 High Street, Broadford VIC 3658
167 High Street, Broadford VIC 3658
4 bed, 2 bath on 423mยฒ | Leased at $480 to 2027 | Central Broadford with station access | Separate rear studio space
This is a well-configured family house on a manageable block, positioned in central Broadford where detached housing of this size is in steady demand. The four-bedroom layout with a separate rear studio offers genuine flexibility for a growing household or for those needing a home office or hobby space. With a current tenancy secured until February 2027, the property serves an investor seeking immediate, reliable income from a tenant already in place, while the central location near the train station and main street adds to its appeal for both renters and future owner-occupiers.
The land size of 423mยฒ is modest for a four-bedroom house, which may limit future extension or outdoor space compared to larger blocks in the area. The property is described as having lived-in tenancy condition with modest updates, so its presentation reflects functional use rather than a fully renovated finish. This may affect its appeal to buyers wanting a move-in ready home without immediate work, but it also means the purchase price may be more accessible than a fully updated equivalent. The rental yield is established, but buyers should weigh the current lease terms against their own occupancy plans.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 167 High Street, Broadford VIC 3658
Market Insight:
Broadford presents as a regional market with strong momentum, driven by demand from working households and trades professionals. Recent price growth has been robust, supported by tight supply and consistent sales activity. Future growth is underpinned by sustained buyer interest, though the market faces constraints from limited stock and potential affordability pressures as values rise.