18 Acacia Street, Shepparton VIC 3630

18 Acacia Street, Shepparton VIC 3630
3 bed house | 641sqm land | 90% owner-occupied street | near schools and hospital This property’s strongest buying case lies in its land size and street profile. The 641sqm block is generous for a three-bedroom house in a street with 90% owner-occupancy and 67% long-term residents, indicating low turnover and stable demand. Proximity to Bourchier Street Primary School and Greater Shepparton Secondary College makes it a clear fit for families, while the large land area offers future subdivision or extension potential. The four parking spaces add practical appeal in a regional market where car dependency is high. For a buyer seeking a family home in a settled neighbourhood with room to add value, this property is competitively positioned. The primary risk is the price gap between the current listing and the estimated value, which suggests the seller may be testing the market above recent comparable sales. The zero percent auction clearance rate for three-bedroom houses in Shepparton signals a cautious buyer environment, meaning negotiation leverage is available. The opportunity lies in the land component: at 641sqm, it is larger than many nearby blocks, and the stable street profile supports long-term capital growth. Buyers should approach with a firm offer based on the valuation range and hold for at least five years to realise the land’s potential.

Independent, Unbiased Research Report for this property by PropCred Analyst teamย 

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Market Insight:

Shepparton presents as a stable regional centre underpinned by a diversified economic base. Demand is driven by affordability and strong rental growth, attracting investors and owner-occupiers seeking value. Recent price trends show solid annual growth, though market conditions are softening with rising stock and extended selling periods. Future growth is primed by its economic fundamentals, yet risks include increasing vacancy rates and sensitivity to broader interest rate pressures.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

1

Land

652mยฒ

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