94 Blackburn Street, Stratford VIC 3862

Land size 819m² | residential zoning, no overlays | 5-car garage plus workshop | strong rental yield potential near 4.6% The property’s primary advantage is its generous 819m² block in a residential zone free of bushfire, flood, or heritage constraints, which offers rare flexibility for a buyer seeking space or future subdivision potential. The five-car garage, shed, and workshop are not common at this price point and will appeal strongly to tradespeople, hobbyists, or families needing secure storage. With an estimated rental return of $600 per week against a $680,000 list price, the yield is solid for the area and positions the house as a viable buy-and-hold for an investor seeking land content over depreciation. The key risk is the absence of recent comparable sales data for this specific property and a limited local sales history, making valuation precision lower than ideal. The nearby sale at 91 Blackburn Street for $610,000 on a 702m² lot suggests the $680,000 list may be slightly ambitious, though the larger land and extra garage space justify some premium. There are no floorplans or photos in public data, so an inspection is critical to assess layout and condition. The buyer should negotiate with the $630,000 low-range estimate as a reference point, and if secured near that level, the property can be held for land appreciation or improved for rental yield.