9 Murray Avenue, Numurkah VIC 3636

9 Murray Avenue, Numurkah VIC 3636
Corner block | 800mΒ² land | Fully renovated structure | Walk to schools | High yield rental This property presents a competitively strong, low-maintenance holding due to its comprehensive capital improvements. A full re-stump, re-wire, re-roof, and re-plumb effectively resets the depreciation clock, providing a buyer with a modernised shell on a larger-than-average block in a convenient location. It serves investors seeking a resilient rental with minimal near-term capex, and first-home buyers prioritising move-in readiness over prestige. The primary risk is valuation compression against newer stock, given the ambiguous bedroom count and functional finishes. The opportunity is securing a durable income property at a yield above 6.5%, with the commercial logic of capturing demand from local workers and families. Acquire this as a long-term hold; its renovated core ensures stable tenancy and protects against major repair outlays for a decade.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Numurkah presents as a mature, affordable market with a stable owner-occupier base, characterised by an aging demographic. Demand is anchored by outright owners, creating a steady but less dynamic sales environment. Recent price signals are mixed, indicating a period of market recalibration with extended selling times. Future growth may be tempered by its demographic profile, though its fundamental affordability provides a buffer against broader market volatility.
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PropCred Estimated Value

Bedrooms

Bathroom

Parking

2

Land

800mΒ²

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