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115 Gladstone Street, Orbost$425,000
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115 Gladstone Street

Orbost, VIC 3888, Australia
$425,000
3 bed 2 bath 1 car652 m²

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About this property

Brand-New 2024 Home - Quality Tenant in Place - Strong 5.5% Yield Perfect for investors, this brand-new 2024-built home comes with a reliable tenant already secured on a 12-month lease at $450 per week. A modern, low-maintenance property offering immediate income and excellent rental appeal. Key Features • 3 bedrooms, 2 bathrooms (master with ensuite) • Light-filled open-plan living opening to north-facing yard • Modern kitchen with energy-efficient appliances & dishwasher • Reverse-cycle air-conditioning + full insulation • Built-in robes, ample storage, family bathroom with bath • Fully fenced 652sqm (approx.) block - ideal for families • Nothing to spend - turnkey, low-maintenance investment Investment Benefits • Currently leased for $450 per week • 12-month lease locked in • Approx. 5.5% gross rental yield • High tenant demand in the Orbost area Location Close to schools, medical precinct, local parks, and Orbost town centre, making it a highly attractive rental for long-term tenants. Contact Luke Oakley at Orbost Real Estate to arrange a private inspection or request the Contract of Sale & Section 32. • LINK TO CONSUMER AFFAIRS WEBSITE: https://www.consumer.vic.gov.au/housing/buying-and-selling-property/checklists Disclaimer: All information is provided by third parties and, while believed correct, is not guaranteed. Orbost Real Estate accepts no liability; purchasers must conduct their own investigations before relying on this information.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
3
Bathrooms
2
Parking
1
Land Area
652 m²
Listed
3 months ago

Repayment calculator

$2,060/month
$1,030 /fortnight
Loan $340,000 at 6.10% over 30 years

Upfront costs

Deposit$85,000
Stamp duty$20,570
Conveyancing (est.)$2,000
Total upfront$107,570
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 Orbost

This 3-bedroom house in Orbost, VIC 3888 sits within reach of local shops and nearby schools. It is listed 10% above the $385,000 median of 72 comparable houseswithin 5 km.

Schools near Orbost

  • Orbost Community Collegecombined · Prep-12 · CoEd

What's nearby

  • Orbost Power Equipment218 m away
  • Unnamed681 m away
  • Forest Park1.3 km away
  • Koala Court Reserve1.5 km away

Orbost at a glance

Full suburb profile
Population
2,264
Median age
53
Household income
$785/wk
Median rent
$190/wk
Median mortgage
$867/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Orbost price trend

Median sold · House 3 bed

Compound growth +4.8% / yr over 4 yrs

$344kcurrent median

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Price history

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1 price change recorded for this property

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