26 Tom Street, Yarrawonga VIC 3730

Heritage character on a rare 1011sqm block | dual-living flexibility with attic studio | central Yarrawonga with strong owner-occupier demand | 4.2% yield signals rental viability. This property’s competitive edge lies in its combination of post-Edwardian architecture with a 1011sqm central allotment—an increasingly scarce configuration in Yarrawonga. The three-bedroom layout plus a versatile attic studio offers genuine dual-living potential, appealing to families seeking space or investors targeting the 4.2% rental yield. High ceilings, bay windows, and original fireplaces provide irreplaceable character that commands a premium in a market where 80% are owner-occupiers, reducing resale risk. The renovated rear section and multiple living zones ensure modern functionality without compromising heritage value. The primary risk is the single bathroom, which may limit appeal for larger families or premium rental positioning; a future addition could lift value significantly. The -2.1% suburb growth warrants patience, but the land size and location near schools buffer downside. Opportunity lies in leveraging the attic as a home office or studio to attract remote workers. Hold for medium-term capital gain or lease for steady 4.2% yield.