45 Dunlop Street, Yarrawonga VIC 3730
45 Dunlop Street, Yarrawonga VIC 3730
2 bedrooms, 1 bathroom, 2 parking spaces including a freestanding garage and workshop. Single-storey detached house on 809 m². Original condition with classic character. Located moments from the main street and local schools. This is a rare landholding in a suburb where newer subdivisions typically offer 400-600 m² blocks. The property is positioned as an entry-level opportunity for first-home buyers or investors seeking space to grow rather than a turnkey home.
The large 809 m² allotment is the standout competitive advantage here, offering side access and potential for additions or further shedding subject to council approval. The covered outdoor entertaining area and established gardens add immediate livability that many original-condition homes lack. This property serves buyers who prioritise land size and location over modern finishes. Its proximity to the main street and schools makes it convenient, while the freestanding garage and workshop provide rare utility for a home of this configuration.
The listed price may sit above the estimated value range for a 2-bedroom home in original condition, which could reflect the land component rather than the dwelling itself. Buyers should weigh the cost of necessary modernisation against the premium for the block size. The evaporative cooling and split system are adequate but the home may benefit from updated insulation or heating. The separate toilet and laundry layout is practical but the single bathroom might limit appeal for some households. Side access and the large rear yard offer genuine subdivision or development potential, though this would require careful council consideration.
Detailed Independent Property Report prepared by PropCred Analyst team for 45 Dunlop Street, Yarrawonga VIC 3730
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
2
Income Risk
Execution Risk
1
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Market Insight
Yarrawonga presents as a stable regional market with a housing stock dominated by quality homes. Demand is driven by investors attracted to solid rental yields and owner-occupiers seeking larger houses, though sales activity is measured. Recent price trends for houses have been mixed with some softening, while the unit segment has shown stronger growth. Future performance hinges on sustained investor interest, but the market faces constraints from slower sales velocity and a limited growth outlook.
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PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
1
Land
809m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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