7 Claremont Drive, Warragul VIC 3820

4-bed house in established street | strong school catchments | recent subdivision lot | dual sale/rent listing This property presents a competitively priced entry into a family-oriented Warragul location, distinguished by its proximity to both primary and secondary government schools, a factor that sustains long-term rental demand and resale appeal. The house serves the family buyer or investor seeking a low-maintenance, modern home in a connected suburb, with the recent subdivision context indicating newer construction and reliable infrastructure like FTTP NBN supporting contemporary living standards. Its current dual marketing for both sale and rent, while unusual, signals immediate income potential and may indicate a motivated vendor. The primary risk is the compressed land size at 526m², which sits below some comparable lots and may limit future extension appeal, directly capping capital growth relative to larger parcels in the area. The significant price appreciation since its 2021 sale necessitates due diligence on build quality and valuation justification against recent sales. The opportunity lies in securing a turnkey property in a high-demand rental catchment; a purchase near the lower end of its estimated range would lock in a gross yield around 4.1%, providing a cashflow-positive outcome for an investor or a cost-effective entry for an owner-occupier displacing a rental payment. Proceed with an offer conditional on a building inspection and with reference to the following comparable evidence, but be prepared for competition given its on-market duration of only four days. Recent comparable sales nearby include: – 15 Jan 2026: 4 bed, 2 bath, 2 car, 490m² sold for $775,000 after 21 days. – 15 Jan 2026: A property with 609m² land and 213m² building area also sold. This property’s 526m² land size and configuration align closely with these sales, supporting its listed price point. The $775,000 sale provides a direct benchmark, suggesting the asking price of $785,000 is market-aligned, though the marginally larger land size of this offering may justify the slight premium if the condition is superior.