2/70 Prince Street, Myrtleford VIC 3737

2/70 Prince Street, Myrtleford VIC 3737
Walk-to-town location | Well-maintained unit | Secure backyard | Two car spaces This property presents a competitively priced, low-maintenance entry into the Myrtleford market. Its renovated kitchen and secure backyard on a 234mΒ² lot offer practical living in a walkable location, a combination less common than standard houses in the area. This unit is strongest for an owner-occupier seeking convenience or an investor targeting a tenant desiring a turnkey property with outdoor space. The brick veneer construction suggests manageable upkeep. The primary risk is the lack of recent comparable sales data for units, making precise valuation difficult against the listed price. The multi-unit site of four properties introduces potential for strata or shared maintenance costs, though details are unspecified. Proceed only with a building inspection and explicit confirmation of all ownership costs. Given the under-offer status and estimated value range, this property warrants a firm, conditional offer if due diligence confirms no hidden liabilities, positioning it as a straightforward hold for either rental or personal use.

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

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Market Insight:

Myrtleford presents as a tightly held regional market with a significant rental population and critically low vacancy, indicating strong underlying tenant demand. Recent price growth has been robust, supported by a constrained supply of listings. This dynamic is creating competitive pressure, though extended selling periods suggest a measured pace. Future performance hinges on the balance between this persistent demand and the limited available stock.
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PropCred Estimated Value

Bedrooms

Bathroom

Parking

2

Land

234mΒ²

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