5 Leaver Street, Yenda NSW 2681

3 bed on large 942m² block | leased at $400/week | long tenant hold times street-wide | potential for future improvements | Yenda Public School catchment This property presents a competitively strong entry into the Yenda market, anchored by its very large land holding relative to the house size, which is rare for the price point. The established, reliable tenancy provides immediate income stability, making it particularly suitable for a passive investor or a buyer seeking a land bank with current yield. Its position within the Yenda Public School catchment adds a durable demand lever for future resale to family occupants. The primary risk mechanism is the suburb’s illiquidity, evidenced by a zero percent auction clearance rate, which may extend your selling timeline and cost in a downturn. The opportunity lies in the commercial logic of the sub-5% yield, which is below the local comparable of 5.21%, suggesting room for rental growth or value-add through the noted improvement potential. Proceed with a hold strategy focused on land value appreciation. A Propcred report would pressure-test this valuation against true market comparables, detail locality-specific flood or insurance risks, and provide a definitive due diligence checklist. Recent comparable sales on Leaver Street indicate strong long-term capital growth for held properties, but with wide variance. 50 Leaver Street achieved 10.34% annual growth over 15 years, while 44A Leaver Street saw 8.26% over 9 years. The subject property’s last sale in 2004 suggests similar untapped equity potential. However, its proposed price sits below recent sales for larger or similarly sized homes, positioning it as a value-based entry.