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Off Market

5/138 Swallow St

Shepparton VIC 3630

2
1
1
Apartment
Hollie WoodHollie Wood, last sold this property on 03 June 2025 after -84 days on market.

Overview

A Rare Investment Gem in the Heart of Shepparton

Positioned just minutes from Shepparton's vibrant CBD, train station, picturesque lake, walking tracks, and an array of everyday amenities, this exceptional property offers the ultimate in convenience and lifestyle. Set in a prime location that did not experience flooding during recent events, it presents an outstanding opportunity for both investors and future owner-occupiers alike. At the front of the block sits a delightful two-bedroom home that's bright, cosy, and filled with charm. Tastefully decorated throughout, the residence features two spacious bedrooms with built-in robes, a central sunlit living area with split system heating and cooling, and a functional kitchen equipped with electric cooking appliances and ample cupboard space. The combined bathroom/laundry includes a shower, while side access leads to a private courtyard. Additional features include a sizable fully fenced front yard, a carport with extra driveway parking, and NBN connectivity. To the rear of the property, you'll find six individually titled, tastefully updated two-bedroom units. Each unit offers built-in robes in both bedrooms, a central living area with split system climate control, and a practical layout perfect for tenants or short-term stays. The units share a neat backyard space complete with clotheslines, and each includes its own single carport. With income potential of approximately $119,000 per year, this is a high-performing investment that is seldom seen on the market. Outside, the property is well-maintained and well laid out. The grounds are low-maintenance, with established fencing and defined car spaces throughout. With an opportunity to buy one or buy all, this is an amazing opportunity for those looking for a low cost unit, or a fantastic investment! Or both! Property Highlights: - Seven individually titled properties- - Strong rental income: $119,000 annually - Minutes to CBD, lake & train - No flood history, safe location - Ideal for investors or Airbnb

Features

2 bedrooms
1 bathroom
1 carspace
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Shepparton over the last 12 months, the estimated median property value of 5/138 Swallow St is $377.5k.

Median value
$377.5k
Estimated value range
$275k - $522.5k
Median days on market
44
Estimated value trend
1%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Shepparton. 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 5/138 Swallow St

2025
Sold
Undisclosed
Private Sale/Treaty on 03 Jun 2025 by Hollie Wood, of Shepparton Real Estate
2025
Rented
Undisclosed
Leased on 18 Mar 2025 by Shepparton Real Estate
2022
Rented
Undisclosed
Leased on 21 Jul 2022 by Shepparton Real Estate

Happy sellers in Shepparton

94%
94% of sellers in Shepparton reported that their sale price either exceeded or met their price expectations.

Shepparton stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 34 reviews in Shepparton over the last 12 months.

Local market activity for 2 bedroom apartments in Shepparton

In the last 12 months, 38 two-bedroom apartments similar to 5/138 Swallow St, have been sold.

This represents a 31% decrease in two-bedroom apartments 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 Shepparton

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Vincent Tassoni

Vincent Tassoni is an award winning recommended agent for Shepparton.  They have 31 local sales and collected 27 local reviews across the last 12 months.

  •   5   (44 reviews)
  •  27 Reviews in Shepparton
  •  31 Sales in Shepparton
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Helen Tracy

Sellers who recommend Helen Tracy have praised them for being clear communication, local expert, supportive, well-prepared, reliable, patient and responsive

  •   5   (96 reviews)
  •  7 Reviews in Shepparton
  •  9 Sales in Shepparton
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Terri Burtina

Terri Burtina is a recommended agent for Shepparton.  They have 26 local sales and collected 3 local reviews across the last 12 months.

  •   4.9   (26 reviews)
  •  3 Reviews in Shepparton
  •  26 Sales in Shepparton
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Connie Young

Sellers who recommend Connie Young have praised them for being local expert, clear communication, honest, reliable, responsive, supportive and friendly

  •   5   (321 reviews)
  •  3 Reviews in Shepparton
  •  8 Sales in Shepparton
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