40 Lafayette Cres, Point Cook VIC 3030

3 bed, 2 bath house in Point Cook | Fixed lease to 2031 | Solar panels detected | Near new ALDI | 220m² lot with 59% building coverage This property’s core buying case rests on its fixed-term lease through February 2031, providing immediate, predictable income for an investor buyer. The 59% building coverage on a 220m² lot is relatively efficient, and the solar panels offer modest operational savings. Located in a sought-after pocket of Point Cook near an upcoming ALDI, the house suits investors prioritising yield stability over short-term capital growth, particularly given the suburb’s 3.6% rental yield and 4.3% growth trajectory. The main risk is the current valuation gap: the estimated $599,000 value sits below the $670,000–$690,000 asking range, meaning buyers pay a premium for the lease security. The fixed lease also limits vacancy flexibility and rental upside until 2031. Opportunity lies in negotiating toward the $625,000 comparable sale at 22 Lafayette Crescent. This property should be held for the lease term, then reassessed for owner-occupier resale or repositioning.