5 Fergusson Street, Yarrawonga VIC 3730
5 Fergusson Street, Yarrawonga VIC 3730
3-bed brick house | large 623m² lot | separate external office | walking distance to lake and schools | dual cooling systems
This property presents a competitively strong offering for an owner-occupier or a long-term investor seeking a low-maintenance base in a regional hub. The brick construction on a substantial lot provides durability and space rarely found at this price point in a walkable location. The configuration, with its three internal bedrooms plus a detached fourth space, offers immediate flexibility for a home business or separate guest accommodation, directly serving a buyer needing room without premium cost. The dual climate systems and covered outdoor area enhance livability across seasons, positioning this house as a practical, ready-to-occupy home.
The primary decision hinges on the significant valuation gap against the asking price, which introduces immediate negotiation risk and requires justification through a building inspection. The absence of recent sales data for the house itself obscures true market momentum. However, the established lawn and shedding present low-cost upside for families or those seeking outdoor utility. Acquire only below the estimated market value, using the discrepancy as leverage, and hold as a primary residence or a straightforward rental given the proximity to schools.
Detailed Independent Property Report prepared by PropCred Analyst team for 5 Fergusson Street, Yarrawonga VIC 3730
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
2
Income Risk
1
Execution Risk
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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
Bathroom
Parking
-
Land
623m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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