21 Vantage Avenue, Broadford VIC 3658

Large 1,703 m² block | 4-bedroom house | Strong rental yield potential | Recent purchase and rent history This property is competitively strong because of its unusually large landholding, which is rare for a house of this size in Broadford. The 1,703 m² allotment offers significant space for expansion, gardens, or potential subdivision subject to council approval. The recent purchase at $640,000 and subsequent rental at $550 per week suggest a gross yield of around 4.5%, which is attractive for investors seeking cash flow. This house best serves a buyer looking for a substantial family home with room to grow, or an investor targeting solid rental returns in a regional market. The price gap between the current asking price of $439,000 and the recent transaction of $640,000 may raise questions about market conditions or property condition that are not fully explained by the available information. The large land size could affect value positively if zoning permits further development, but it may also carry higher maintenance costs. The rental yield of 4.5% is a useful benchmark, but vacancy rates and ongoing demand in Broadford should be verified locally. A buyer should weigh the land’s potential against any possible deferred maintenance or location-specific constraints.