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27 Melrose Circuit, Shepparton VIC 3630

$620,000 - $650,000

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$620k - $651k Transparent Transparent Listing Based on an openly advertised listing price.

House 3 Beds 2 Baths 2 Cars 796 m²

Listed: 4 days ago

Updated: 11 hours ago

Overview

Located in a sought-after pocket south of Shepparton, this residence balances generous indoor living with practical outdoor spaces, creating an attractive environment for both families and investors. Its proximity to key amenities such as Shepparton Marketplace and local schools enhances its appeal.

The home’s layout promotes versatile living. At the heart of the residence, an open-plan kitchen, meals, and family area provide a functional and welcoming space, equipped with quality appliances to support day-to-day cooking and entertaining. A separate lounge or theatre room adds flexibility, offering a quiet retreat or entertainment zone according to household needs.

Each bedroom is well-sized, with built-in robes for storage, while the master suite enjoys the added luxury of a walk-in robe and private ensuite, contributing to comfortable family living. For climate control, the property features both gas ducted heating and evaporative cooling, ensuring comfort throughout the year.

Security and convenience are enhanced by a locked double garage and off-street parking, alongside a secure front fence. Outside, an undercover pergola creates an inviting setting for gatherings, while the expansive backyard offers potential for further enhancements such as a shed or swimming pool, reflecting the property's versatility and future growth possibilities (subject to council approval).

Currently let at a stable rental of $510 per week with a fixed lease until mid-2027, the property provides a secure investment prospect with guaranteed income. Overall, the home’s combination of spacious rooms, functional features, and outdoor potential make it suitable for a broad range of buyers seeking comfort, practicality, and growth potential in the Shepparton area.

Local Market Insights

In Shepparton, Quiet Listings observed 34 new houses entering the market over the last 30 days, up from 22 during the previous 30-day period, with an average advertised asking price of $612,912. The property type mix of listed properties is predominantly Houses at 80%, followed by commercial properties (7%), and land (5%). The most active agency for houses in the Shepparton area is currently Gagliardi Scott Real Estate, representing 29% of new listings, followed by Shepparton Real Estate with 21%. 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.