7 Lease Street
Katunga, 3640 VIC
1950 house on a 607 m² block with 15m frontage.
Property Snapshot
1950House3 Bed2 Bath4 Off Street607 m² Land108 m² Internal15m Frontage
Investment Highlights
What makes 7 Lease Street compelling from a buying and value-add perspective.
Market Status
Off Market
Land Size
607 m²
Frontage
15m
Zoning
TZ
Township
Why Buyers Look At This One
Rare add-value profile — 1950 house on a 607 m² block and a 15m frontage.
Renovate upside — modest 108 m² internal area creates a clear renovation, extension or reconfiguration opportunity.
Walkable transport position — approx. 10km to bus, 23km to train station and 9.2km to schools.
Neighbourhood quality — strong owner occupier setting with low-turnover character housing nearby.
Property Snapshot
Core facts, planning controls and ownership history.
Bedrooms
3
Bathrooms
2
Parking
4 off-street
Internal Area
108 m²
Ownership & Value
Last Sold$350k
Sold DateMar 2026
Land Value—
RPD1\TP518384
Planning & Site
Property TypeResidential
AccessSingle Access
Height Limit—
Max Storeys—
Wide Frontage
Pricing & Valuation
Guide, estimate and broader pricing context.
Market Status
Off Market
3 Bed Median
$450k
Growth Since 2026
—
Price Estimate
—Low
$350k
—High
VeryHigh Confidence
—
Since last sold — $350,000 — March 2026
Suburb 3 bed house median price over time
Rental Market
Yield, rental pricing and local leasing landscape.
Median Rent
$400
3 Bed Yield
4.6%
Vacancy
—
Rentals Last 12M
0
Suburb 3 bed house median rent over time
Planning & Risk Overlays
Important due diligence considerations for this property.
Flood Overlay Detected
No flooding known in this area
Other Overlays
Bushfire: No bushfire known in this area. Heritage: No heritage known in this area. Biodiversity: No biodiversity known in this area.
Location & Connectivity
Access to transport, schools and local amenity around 7 Lease Street.
Train Station
23km
Bus Stop
10km
Schools
9.2km
Road Type
residential
Transport: Easy access to nearby train station and frequent bus routes.
Lifestyle: Walking distance to local shops, parks and nearby dining precincts.
Positioning: Quiet residential street with strong owner occupier presence and limited turnover.
Neighbourhood Profile
Proximity to amenities and local context impacting livability.
Social Housing
0.0%Train Station
23kmBus Stop
10kmCentre Zone
193mRoad Type
residential (Low Noise)School Catchment
9.2kmKatunga Snapshot
Broader suburb metrics that support the local story.
Population
1,025
Owner Occupiers
78%
Social Housing
0%
Crime Index
—
Not available
High Owner Occupier AppealLow Stock on Market
Explore Katunga in more detail
Deep dive into growth, demand, demographics and comparable sales.
View Suburb Profile
