9 Tariff Street, Eaglehawk VIC 3556
9 Tariff Street, Eaglehawk VIC 3556
3 bed house on 578m² | Entry-level price point | Bushfire overlay applies | Solid rental demand signal | Traditional suburban format
This is a straightforward, conventional family house in a suburb where detached homes on moderate blocks are the norm. The configuration of three bedrooms, one bathroom and a single car space is exactly what first-home buyers and investors in Eaglehawk are typically looking for, and the land size gives it genuine standalone appeal rather than a cramped or compromised layout. It sits comfortably within the established residential character of the area, and the rental reference nearby suggests it would attract consistent tenant interest if leased out. The property is best suited to someone wanting a simple, low-fuss entry into home ownership or a reliable addition to an investment portfolio, and the price point reflects that accessible end of the market.
The bushfire management overlay and bushfire prone area designation are the most significant factors to weigh here, as they may influence insurance costs and any future building or renovation work. The asking range sits noticeably below the estimated value signal, which might reflect condition, presentation, or simply a vendor keen to move quickly. Buyers should consider whether the house has been updated or remains in original condition, as that will shape both immediate livability and longer-term capital growth. The lack of flood or heritage overlays is a positive, but the bushfire status should be investigated properly before committing.
|| Comparable Sales: 27 Victoria St sold at $630k for 3/2/2 | Property Price Band: $460k–$560k | Value Drivers: land size, condition and presentation, bushfire overlay impact on insurance and renovation scope
Detailed Independent Property Report prepared by PropCred Analyst team for 9 Tariff Street, Eaglehawk VIC 3556
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
2
Income Risk
1
Execution Risk
2
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Market Insight
This suburb presents a mature, stable market led by owner-occupiers aged 60–69 and childless couples; 68.4% of homes are owner-occupied while the population contracted 2.7% since 2016. House prices have climbed to a $570,000 median, with annual growth of 11.1–13.2% and a 65.8% rise over five years. Units are also strong: median $415,500–416,000 with growth around 17.5–20.6%. Stock turns quickly, averaging 22–35 days on market, and gross rental yields sit at 4.8% for houses and 5.1–5.9% for units. Demand is driven by local labourers and downsizers, with faster unit growth and higher yields pointing to investor interest in that segment. The declining population acts as a demographic constraint, but sustained price appreciation across both asset classes underpins the medium-term outlook.
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PropCred Estimated Value
Comparable Sales: 27 Victoria St sold at $630k for 3/2/2 | Property Price Band: $460k–$560k | Value Drivers: land size, condition and presentation, bushfire overlay impact on insurance and renovation scope
Bedrooms
3
Bathroom
1
Parking
1
Land
556m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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