20 Apera Road, Shepparton VIC 3630

20 Apera Road, Shepparton VIC 3630
4-bed house on 3.3 hectares | Rare large lot in suburban setting | Potential land use flexibility | Data inconsistencies require verification This property presents a unique proposition as a substantial four-bedroom house on 8.1 acres within a suburban road, a configuration that is exceptionally rare for Shepparton. This scale of land offers significant utility for a buyer seeking space for extended family, hobbies, or potential future subdivision, subject to council zoning. It serves a specific buyer profile prioritizing land size over immediate proximity to urban amenities, with the established house providing a functional base. Critical due diligence is required to resolve the conflicting land size reports, as the discrepancy between 3.29 hectares and 903 square metres represents a fundamental valuation risk. The lack of recent comparable sales for estates of this size locally means price discovery is challenging; you are paying a premium for rarity which may not be recouped. Proceed only with a confirmed survey and a clear, long-term holding strategy that utilizes the land’s full potential. Nearby 12 Apera Road, a four-bedroom house on a standard 800mΒ² block, sold for $735,000. This sale anchors the value of a conventional house in the street but underscores that the subject propertyΒ’s value is almost entirely in its land component. Your offer must be justified by the utility of the extra hectares, not the building.

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

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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

Bedrooms

-

Bathroom

2

Parking

-

Land

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