5 Linda Cres, Yarrawonga VIC 3730

Large family home in established street | Recent renovation added bedroom | Priced above current estimates | Strong owner-occupier precinct This house presents as a substantial, renovated family home in a tightly held, owner-occupied crescent. The expansion from four to five bedrooms significantly increases its utility for a large or multi-generational household, making it a rare offering in this specific locale. It serves a buyer seeking established space and permanence, not an investor, given the suburb’s auction clearance and rental data absence. The land parcel is considerable, providing future flexibility that is increasingly scarce. The primary risk is the listing price, which sits notably above both its recent sale price and the top of its current estimated range, demanding immediate capital growth to justify. The opportunity lies in securing a large, improved property in a stable street, but only at a corrected valuation that acknowledges the broader market’s performance. Acquire this for long-term occupation, not short-term gain, and negotiate firmly against the comparable sales evidence. Comparable listings indicate a varied local market: – 15 Vanguard Street at $925,000 sets a nearby premium benchmark. – 67 Hovell Street and 2/16 Witt Street, both near $520,000, highlight a more typical price point for the area. This spread suggests the subject property’s asking price seeks a premium that must be substantiated by its superior size, renovation, and land component.