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Overview
Located in the sought-after Glenlee Estate within Charlemont, this four-bedroom residence offers a practical investment opportunity currently secured by a fixed term lease until July 2027, generating a reliable rental income of $560 per week. The property presents well-sized bedrooms and two bathrooms, making it suitable for families or investors seeking a low-maintenance asset in a rapidly developing suburb.
The 380 square metre land provides manageable outdoor space while the inclusion of two dedicated parking spaces adds convenience for homeowners or tenants with multiple vehicles. The layout and features of the home are deliberately designed to balance comfort with functional living spaces, ideal for modern lifestyles that value easy maintenance.
This property notably appeals to investors looking for steady rental returns in a growth corridor, given the ongoing lease in place. The location within Glenlee Estate places it within reach of expanding amenities and infrastructure, enhancing its long-term appeal. Prospective buyers will appreciate the secure tenancy arrangement combined with the potential for capital growth in this emerging market.
Local Market Insights
In Charlemont, Quiet Listings observed 90 new houses entering the market over the last 30 days, up from 79 during the previous 30-day period, with an average advertised asking price of $772,051. The property type mix of listed properties is predominantly Houses at 84%, followed by land (9%), and townhouses (4%). Ancora Property Group was the most active agency in this area, representing 28.9% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Charlemont VIC 3217