19 Hare Street, Shepparton VIC 3630
19 Hare Street, Shepparton VIC 3630
Central Shepparton house | 3–4 bed family layout | strong rental demand | priced above local entry stock | school catchment likely
The property sits in a part of Shepparton where renovated family houses are consistently sought after, and the asking range signals that this is not entry-level stock. With three bathrooms and a layout that appears to accommodate five rooms, the house is positioned for buyers who want space without leaving the central suburb convenience. It serves best a family or an investor looking for a property that can attract quality tenants, given the suburb’s steady rental appetite for three and four bedroom homes. The price point also suggests either a larger land holding or a higher standard of finish than much of what has traded recently in the area, which gives it a distinct edge for those comparing against older, unrenovated options.
The value here may hinge on how the internal configuration actually flows, particularly whether the third bathroom is en-suite or separate, and how the land is oriented for outdoor use. The building age and condition could also influence how much a buyer needs to budget for immediate upgrades, especially if the kitchen or roofing is older. Rental yield might be modest at this price, so the buyer should weigh long term capital growth in central Shepparton against the higher entry cost. School catchment, if it falls within the established primary and secondary zones, may add a layer of security for resale.
|| Comparable Sales: 19 Hamilton Street sold $520k Nov 2024 | 194 Hayes Street sold $400k | Property Price Band: $630k–$670k | Value Drivers: bathroom count, land size, renovation quality, central location
Detailed Independent Property Report prepared by PropCred Analyst team for 19 Hare Street, Shepparton VIC 3630
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
2
Income Risk
1
Execution Risk
2
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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
Comparable Sales: 19 Hamilton Street sold $520k Nov 2024 | 194 Hayes Street sold $400k | Property Price Band: $630k–$670k | Value Drivers: bathroom count, land size, renovation quality, central location
Bedrooms
3
Bathroom
3
Parking
3
Land
850m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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