2 Centenary Court, Numurkah VIC 3636

2 Centenary Court, Numurkah VIC 3636
Prime location in sought-after South Numurkah | Flood overlay present | Strong rental demand at ~$495/week | Modern 4-bed family home with solar | Premium over smaller nearby units This house presents a competitively strong family offering in a well-serviced neighbourhood, with its four-bedroom format, modern kitchen, and dual living areas creating a rare premium over smaller units in the same street. Its reliable FTTP NBN, solar panels, and proximity to schools solidify its utility for a owner-occupier seeking space or an investor targeting stable family tenancies. The property’s appreciation since 2020 underscores its established desirability. The definitive risk is the flood overlay, which necessitates immediate due diligence on insurance costs and potential future resale constraints. The opportunity lies in acquiring a large, updated house in a high-demand rental catchment, where the yield supports a hold strategy. Proceed only after securing a detailed flood report, as this mechanism directly impacts cost and long-term equity. * **2 Centenary Court:** Last sold July 2020 for $270,000. * **2A Centenary Court:** A 2-bed, 1-bath unit sold for $158,000 in March 2017. This sales history confirms the subject property’s significant capital growth and commands a substantial value premium due to its larger size and superior configuration, validating its market position.
Detailed Independent Property Report prepared  by PropCred Analyst team for 2 Centenary Court, Numurkah VIC 3636
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Market Insight:

Numurkah presents as a mature, affordable market with a stable owner-occupier base, characterised by an aging demographic. Demand is anchored by outright owners, creating a steady but less dynamic sales environment. Recent price signals are mixed, indicating a period of market recalibration with extended selling times. Future growth may be tempered by its demographic profile, though its fundamental affordability provides a buffer against broader market volatility.
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PropCred Estimated Value

Bedrooms

Bathroom

Parking

3

Land

699m²

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