35 Boys Street, Swan Hill VIC 3585
35 Boys Street, Swan Hill VIC 3585
Large 1,012m² block | Swan Hill entry price | 85% owner-occupied street | quick sale likely needed
The property’s primary advantage is its substantial land size on a stable, predominantly owner-occupied street, offering rare configuration potential for a buyer able to renovate or redevelop. The 1,012m² lot at a sub-$300,000 guide creates a strong value gap relative to the estimated $721,000, suggesting the house itself may require significant work. This property best serves a buyer with renovation capacity or a long-term land banking strategy, as the land is the core value driver.
The main risk is the condition of the existing dwelling, likely needing substantial repairs given the price-to-estimate disparity and the 1998 last sale date. This cost is not yet quantified and could absorb much of the theoretical upside. However, the street’s low turnover, high owner-occupancy, and absence of recent sales indicate a stable market with limited supply. The buyer should commission a building and pest report before proceeding. This property is best held for medium-term capital growth through land appreciation, with the house either renovated or replaced.
Detailed Independent Property Report prepared by PropCred Analyst team for 35 Boys Street, Swan Hill VIC 3585
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
1
Income Risk
2
Execution Risk
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Market Insight
Swan Hill presents as an affordable regional centre with a stable, family-oriented demographic base. Demand is driven by local professionals and young families seeking relative value compared to broader regional Victoria, supported by steady population growth. Recent price trends indicate modest growth with a balanced market, evidenced by consistent sales volume. Future growth is underpinned by its role as a service hub and attractive rental yields, though affordability constraints relative to local incomes and sensitivity to economic conditions present key considerations.
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PropCred Estimated Value
Bedrooms
3
Bathroom
-
Parking
-
Land
1012m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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