50 Mclean Street, Yarrawonga VIC 3730

50 Mclean Street, Yarrawonga VIC 3730
Large 838 sqm block | 3-bed family layout | dual-car garage | established regional demand A detached three-bedroom house on an 838 square metre block is considered competitive within Yarrawonga’s family-oriented market. The dual-car accommodation is a practical advantage, and the generous land size is understood to offer scope for shedding, landscaping, or future redevelopment. The property is best suited to an owner-occupier seeking a secure family layout, though the configuration also holds appeal for investors targeting steady rental demand. Local buyer activity is characterised by couple households, which aligns with the three-bedroom floor plan and the established street setting. Value may be most influenced by the condition of the kitchen and bathroom, along with the age of the dwelling and the presentation of its finishes. Orientation of the living areas and the usable portion of the block might also shape buyer perception. The property’s standing relative to updated stock in the street should be weighed when forming a price view. >> Comparable Sales: 22 McLean Street sold for $495,000 | Property Price Band: $500K to $600K | Value Drivers: 838 sqm block size, kitchen and bathroom condition, street presentation
Detailed Independent Property Report prepared  by PropCred Analyst team for 50 Mclean Street, Yarrawonga VIC 3730
Checks found:
Value Risk ✓
Liquidity Risk ! 1
Planning Risk ✕ 2
Income Risk ✕ 2
Execution Risk ✕ 2
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Market Insight

Yarrawonga, a regional Victorian centre of 10,700 residents with quality housing stock at 85.1%, is a yield-driven market. Investor-oriented demand dominates, given 37% of owners hold mortgages and gross house yields run 4.0–4.3%, while unit yields reach 5.15–6.4%. House prices span $556,083 aggregate to $658,000 REIV, with annual growth swinging between -5.18% and 3.1%-no clear momentum. Days on market of 101–131 indicate slower turnover; quarterly REIV growth of 4.4% is a short-term bump, not a trend. Unit values are firmer, up 6.66% annually. Benalla-Yarrawonga Road provides connectivity, but no major infrastructure projects are documented. Future growth faces real headwinds: Boomscore scores 29/100, extended listing times suggest supply-side friction, and mixed price trends leave the market sensitive to rate movements.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

1

Land

838m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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