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Back 109 Lee Street
Off Market

109 Lee Street

Stratford VIC 3862

4
2
2
0 m²
668 m²
House
Last sold for $585,000
Veronica DaviesVeronica Davies, last sold this property on 26 August 2026 after 160 days on market.

Overview

SET AND FORGET INVESTMENT IN STRATFORD

INVESTMENT SNAPSHOT * Currently leased at $ 540 per week * Estimated gross yield of 4.5% (based on asking price) * Built in 2022 — 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 — appeals to family tenants * Open-plan living with alfresco — a key lifestyle feature * Walk-in pantry with power — a standout renter upgrade * Double remote garage with internal access * Fully fenced yard — ideal for long-term tenants LOCATION AND DEMAND DRIVERS * Walking distance to Stratford Primary School — consistent family demand * Low-vacancy area with strong rental demand * Short drive to local shops and amenities * Rural outlook over farmland — 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.

Features

4 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
0 m² floor area
668 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Stratford over the last 12 months, the estimated median property value of 109 Lee Street is $600k.

Median value
$600k
Estimated value range
$465k - $700k
Median days on market
46
Estimated value trend
6%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Stratford. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 109 Lee Street

2026
Sold
$585,000
26 Aug 2026 by Veronica Davies, of LJ Hooker Bairnsdale
2026
Rented
Undisclosed
Leased on 11 Aug 2026 by LJ Hooker Bairnsdale
2022
Rented
Undisclosed
Leased on 13 Sep 2022 by LJ Hooker Bairnsdale

Happy sellers in Stratford

~%

We have insufficient information to provide an overview of customer satisfaction for Stratford. Viewing the agent profiles, reviews and sales for Stratford can provide insights for this location.

Local market activity for 4 bedroom houses in Stratford

In the last 12 months, 14 four-bedroom houses similar to 109 Lee Street, have been sold.

This represents a 32% increase in four-bedroom houses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Stratford

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Kyle Alcock

Kyle Alcock is a recommended agent for Stratford.  They have 1 local sale and collected 1 local review across the last 12 months.

  •   4.9   (9 reviews)
  •  1 Review in Stratford
  •  1 Sale in Stratford
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Kim Ashwood

Sellers who recommend Kim Ashwood have praised them for being clear communication, local expert, responsive, supportive, enthusiastic, dedicated and friendly

  •   5   (192 reviews)
  •  1 Review in Stratford
  •  1 Sale in Stratford
View profile
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Julian McIvor

Julian McIvor is a recommended agent for Stratford.  They have 12 local sales across the last 12 months.

  •   4   (3 reviews)
  •  12 Sales in Stratford
View profile
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Bronwyn Segafredo

Bronwyn Segafredo is a recommended agent for Stratford.  They have 8 local sales across the last 12 months.

  •  8 Sales in Stratford
View profile
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