109 Lee StreetStratford VIC 3862
Property Details for 109 Lee St, Stratford
109 Lee St, Stratford is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 668m2.This Property is currently listed for sale with LJ Hooker Bairnsdale
Last Listing description (April 2026)
INVESTMENT SNAPSHOT
* Currently leased at $ 540 per week
* 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.
Property History for 109 Lee St, Stratford, VIC 3862
- 19 Mar 2026Listed for Sale $625,000
- 14 Sep 2022Listed for Rent $500 / week
- 16 Feb 2021Sold for $99,500
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0About Stratford 3862
The size of Stratford is approximately 150.5 square kilometres. There are 5 parks, covering nearly 0.1% of the total area. The population of Stratford in 2016 was 2617 people. By 2021 the population was 2980 showing a population growth of 13.9% in the area during that time. The predominant age group in Stratford is 60-69 years. Households in Stratford are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Stratford work in a trades occupation.In 2021, 83.70% of the homes in Stratford were owner-occupied compared with 82.30% in 2016.
Stratford has 1,922 properties. Over the last 5 years, Houses in Stratford have seen a 50.97% increase in median value, while Units have seen a 48.26% increase. As at 31 May 2026:
- The median value for Houses in Stratford is $592,556 while the median value for Units is $350,347.
- Houses have a median rent of $520.
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