7 Smith Cres, Wangaratta is a 3 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 1435m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in February 2026. There are other 3 bedroom House sold in Wangaratta in the last 12 months.
Positioned in an increasingly active growth pocket of Wangaratta, 7 Smith Crescent presents an outstanding opportunity for investors, developers, and builders seeking scale, flexibility, and future upside. Set on an exceptional 1,435m (approx.) allotment, the property offers genuine subdivision potential (STCA), with recent development activity already underway nearby-further reinforcing the long-term value and strategic appeal of the site.The existing residence is well maintained and immediately functional, providing both holding income and comfortable liveability while future plans are explored. Comprising three bedrooms-each fitted with built-in robes-the home is supported by a practical floorplan that includes two separate living zones and a dedicated study, ideal for those working from home or requiring additional flexibility.The updated kitchen is equipped with quality appliances, including a Miele dishwasher, gas cooktop, and electric oven, while year-round comfort is assured through ducted gas heating, evaporative cooling, ceiling fans throughout, supplemented by a refrigerated wall unit.Outdoors, the home continues to deliver with a terrific raised entertaining deck complete with ramp access, concrete stumps, a three car carport, large shed, a patio area, garden shed, and secure fencing-adding further functionality for both owner-occupiers and tenants alike.From an investment perspective, the property offers an estimated rental return of $430-$450 per week, making it an attractive land-bank or hold-and-develop proposition. Its proximity to Vincent Road shopping precinct, including Kmart, Coles, and easy access to the Wangaratta CBD, enhances tenant appeal and future resale value. The scale and layout may also suit community housing providers or government agencies seeking long-term residential assets.Whether you're looking to subdivide (STCA), develop, land-bank, or secure a high-growth investment site with immediate income, this is a rare offering where location, land size, and future potential align.For further information or to arrange a private inspection, please contact:Connor Tait - Tait Real EstateM: 0493 674 245E: connor@taitrealestate.com.auW: www.taitrealestate.com.au
The size of Wangaratta is approximately 47.0 square kilometres. There are 55 parks, covering nearly 8.0% of the total area. The population of Wangaratta in 2016 was 18102 people. By 2021 the population was 19214 showing a population growth of 6.1% in the area during that time. The predominant age group in Wangaratta is 60-69 years. Households in Wangaratta are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Wangaratta work in a professional occupation.In 2021, 66.70% of the homes in Wangaratta were owner-occupied compared with 66.10% in 2016.
Wangaratta has 11,906 properties. Over the last 5 years, Houses in Wangaratta have seen a 39.62% increase in median value, while Units have seen a 35.94% increase. As at 31 May 2026:
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