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109 Lee Street, Stratford$599,000
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For Salehouse

109 Lee Street

Stratford, VIC 3862, Australia
$599,000
4 bed 2 bath 2 car668 m²

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About this property

INVESTMENT SNAPSHOT * Currently leased at $ 540 per week * Estimated gross yield of 4.5% (based on asking price) * Built in 2022 â significant depreciation benefits available * Low-maintenance brick veneer construction DEPRECIATION ADVANTAGE * Built in 2022, this property falls well within the ATO capital works depreciation schedule, offering substantial tax benefits. * Modern fixtures, fittings, and appliances maximise depreciation potential and improve after-tax returns. DESIGNED FOR TENANT RETENTION * Four bedrooms, two bathrooms â appeals to family tenants * Open-plan living with alfresco â a key lifestyle feature * Walk-in pantry with power â a standout renter upgrade * Double remote garage with internal access * Fully fenced yard â ideal for long-term tenants LOCATION AND DEMAND DRIVERS * Walking distance to Stratford Primary School â consistent family demand * Low-vacancy area with strong rental demand * Short drive to local shops and amenities * Rural outlook over farmland â lifestyle appeal supporting resale value With a solid 4.5% gross yield, modern depreciation advantages, and proven tenant appeal, this is a set-and-forget investment in a high-demand location.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
4
Bathrooms
2
Parking
2
Land Area
668 m²
Listed
3 months ago

Repayment calculator

$2,904/month
$1,452 /fortnight
Loan $479,200 at 6.10% over 30 years

Upfront costs

Deposit$119,800
Stamp duty$31,010
Conveyancing (est.)$2,000
Total upfront$152,810
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Stratford

This 4-bedroom house in Stratford, VIC 3862 sits within reach of public transport, local shops and nearby schools. It is listed 0% below the $599,949 median of 39 comparable houseswithin 5 km.

Schools near Stratford

  • Stratford Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • Dawson St/McFarlane St (bus)1.2 km away
  • IGA Liquor1.4 km away
  • Swan Park814 m away
  • Stratford Historical Museum1.3 km away
  • Unnamed1.4 km away

Stratford at a glance

Full suburb profile
Population
2,980
Median age
39
Household income
$1,419/wk
Median rent
$290/wk
Median mortgage
$1,308/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Stratford price trend

Median sold · House 4 bed

Compound growth +6.6% / yr over 4 yrs

$600kcurrent median

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Price history

Listing price changes

2 price changes recorded for this property

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