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2 Myrtle Lane, Strathfieldsaye VIC 3551

$980,000 - $1,030,000

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$980k - $1.03M Transparent Transparent Listing Based on an openly advertised listing price.

House 4 Beds 2 Baths 2 Cars 589 m²

Listed: 25 days ago

Updated: 6 hours ago

Overview

This modern four-bedroom home in Strathfieldsaye represents an excellent investment opportunity with a stable tenant in place, providing a secure annual return of 7% of the purchase price. Perfectly suited for investors seeking a hassle-free income property, this residence benefits from new construction standards and a spacious layout that caters comfortably for families or professionals.

The property features two well-appointed bathrooms and two parking spaces linked to a land parcel of 589 square meters, which offers potential outdoor space for activities or gardening without extensive maintenance. The presence of Langdon Building as the renter underscores the property's appeal as a reliable and low-risk investment.

Residents will appreciate the balance of functionality and quality finishes throughout, making day-to-day living efficient and comfortable. While the internal floor area is not specified, the generous land size and established design provide a solid foundation for enjoying suburban tranquility coupled with convenience.

Located in the thriving community of Strathfieldsaye, positioned near essential amenities and transport links, this property is a compelling choice for investors prioritizing yield and stability over the long term.

Local Market Insights

In Strathfieldsaye, Quiet Listings observed 59 new houses entering the market over the last 30 days, up from 47 during the previous 30-day period, with an average advertised asking price of $922,102. The property type mix of listed properties is predominantly Houses at 82%, followed by land (15%), and units (1%). The most active agency for houses in the Strathfieldsaye area is currently Bendigo Real Estate, representing 27% of new listings, followed by PRD Nationwide with 19%. 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.