23 Everingham Street, Swan Hill VIC 3585
23 Everingham Street, Swan Hill VIC 3585
Detached 4/2/1 | Family layout | Tight rental demand | Infill renewal | Swan Hill regional market
A four-bedroom, two-bathroom detached configuration is considered a strong family standard in this regional centre, offering practical separation for children or guests and a layout suited to long-term owner-occupation. The property is positioned within an established residential street where infill subdivision has been recorded, which signals stable neighbourhood renewal rather than stagnation. This house serves best a buyer seeking a straightforward family home with room to grow, and the extremely low vacancy rate in the surrounding area suggests well-presented stock of this kind is likely to hold rental appeal as well. The single-car accommodation is a modest drawback, but the overall bedroom and bathroom count gives it a competitive edge over smaller entry-level housing.
The single-car space may limit appeal for multi-vehicle households, and the eventual value might be influenced by the land dimensions and the condition of any recent updates, which remain open to inspection. A short-term softening in local house prices has been observed, although longer-term movement has been positive, so price expectations are best formed with a medium-term outlook. Buyers should weigh the functional layout and external presentation against potential improvement costs, and confirm how the property’s block size compares with typical family lots in the street.
Detailed Independent Property Report prepared by PropCred Analyst team for 23 Everingham Street, Swan Hill VIC 3585
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
2
Income Risk
Execution Risk
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Market Insight
Swan Hill is a regional Victorian centre on the Murray River, positioned below Melbourne and regional Victoria medians. Demand comes from local families, younger professionals and investors seeking yields of 5.2% for houses and 6% for units. House prices are $485,000–$498,000, with 1.5–1.6% annual growth and 38–54 days on market: steady but subdued. Sales volume is 183 houses a year, while supply is tight at 12–14 listings. Future growth depends on population gains and regional migration, but affordability is constrained: prices near $500,000 stretch local earning capacity. Rate sensitivity shows in quarterly unit moves, and the market lacks strong price momentum. Murray River and transport links remain structural advantages.
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PropCred Estimated Value
Comparable Sales: 23 Byrnes St (3 bed) $510k, 12 Stringybark Dr (4 bed) $715k | Property Price Band: $550k-$650k | Value Drivers: land size, condition, layout
Bedrooms
4
Bathroom
2
Parking
1
Land
674m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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