109 Lee Street, Stratford, VIC 3862 | Property Value & History | OnTheHouse
 
FOR SALE

109 Lee Street
Stratford VIC 3862

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 668m2
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This property is currently on the market
SET AND FORGET INVESTMENT IN STRATFORD
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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

Building Type
House
Land Size
668m2
Local Government
Wellington
Lot/Plan
82/PS727578

Last Listing description (April 2026)

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.

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Property History for 109 Lee St, Stratford, VIC 3862

A timeline of how this property has performed in the market
Last Sold
$99,500
16 Feb 2021
Listed for Rent
$500/w
26 Oct 2022
  • 19 Mar 2026
    Listed for Sale $625,000
  • 14 Sep 2022
    Listed for Rent $500 / week
  • 16 Feb 2021
    Sold for $99,500
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About Stratford 3862

The size of Stratford is approximately 150.5 square kilometres. It has 5 parks covering nearly 0.1% of 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 1,909 properties. Over the last 5 years, Houses in Stratford have seen a 55.65% increase in median value, while Units have seen a 47.89% increase. As at 30 April 2026:

  • The median value for Houses in Stratford is $587,563 while the median value for Units is $359,338.
  • Houses have a median rent of $520.
There are currently 19 properties listed for sale, and 4 properties listed for rent in Stratford on OnTheHouse. According to Cotality's data, 111 properties were sold in the past 12 months in Stratford.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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