2/5A Violet Street, Eaglehawk VIC 3556

2/5A Violet Street, Eaglehawk VIC 3556
3-bed unit in Eaglehawk | below-market entry | strong rental yield | bushfire overlay noted This unit offers a rare configuration in Eaglehawk , three bedrooms in a compact 195mยฒ format with ducted cooling and heating, an ensuite, and a fully fenced yard , which positions it competitively for both owner-occupiers seeking a low-maintenance home and investors targeting yield. Its current listing sits below the estimated value, suggesting a potential entry point below replacement cost in a suburb that has seen consistent 12-15% annual growth. The property suits buyers who prioritise immediate cash-flow or a turnkey home over future subdivision potential. The bushfire overlay is the primary risk, requiring insurance premium checks and possibly higher maintenance costs for defensible space, though no flood or heritage constraints apply. The rental estimate of $500 per week implies a gross yield near 5.3%, strong for a regional unit, and the NBN and 5G coverage support remote work. Hold this property for steady rental income or as a cost-effective base while Eaglehawk benefits from Bendigo’s outward growth; avoid expecting land-value gains given the small lot size.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 2/5A Violet Street, Eaglehawk VIC 3556
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Market Insight:

This established suburb, characterised by high owner-occupancy and mature demographics, is experiencing robust demand from downsizers and investors. This is fuelling strong capital growth, particularly in the unit segment, with a consistently tight sales market for houses. Future performance will be linked to its appeal to this dominant demographic, though its established nature may present supply constraints.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

1

Land

195mยฒ

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