115 Gladstone Street
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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
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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 Equipment — 218 m away
- Unnamed — 681 m away
- Forest Park — 1.3 km away
- Koala Court Reserve — 1.5 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
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1 price change recorded for this property
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