188 Balaclava Road, Shepparton VIC 3630
188 Balaclava Road, Shepparton VIC 3630
3 bed family house | in-ground pool | Shepparton suburban pocket | rental yield near 3%
This property is competitively positioned as a well-appointed family house in a suburban pocket of Shepparton, where the combination of three bedrooms, two bathrooms, secure parking, and an inground pool is not common among basic entry-level stock. The inclusion of built-in robes and a bungalow adds practical space that suits owner-occupiers, particularly families or downsizers seeking a single-house format with outdoor amenity. Its configuration and features serve a buyer looking for a move-in ready home with low ongoing maintenance demands, making it a strong candidate for those prioritising lifestyle convenience over land size or renovation potential.
The implied rental yield of approximately 2.8 percent, based on the advertised weekly rent relative to the listing price, may signal modest income potential for an investor, though this depends on whether the rent is achieved and sustained. Factors that might materially affect value include the unconfirmed land size and construction age, which could influence depreciation benefits or future renovation scope, and the absence of verified school catchment data, which may narrow demand from families with school-age children. The incomplete statement-of-information reference to a $680,000 sale suggests some pricing pressure in the immediate area, but without confirmed comparable sales, a buyer should weigh local market conditions carefully before forming a price view.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 188 Balaclava Road, Shepparton VIC 3630
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.