50 Boundary Street, Kerang VIC 3579

Kerang south corner block | three-bed brick veneer | low-maintenance 698sqm | first-home or investor entry point This property presents a clean entry into Kerang’s southern pocket, where corner-block positioning and brick veneer construction reduce upkeep while offering practical separation for a first home buyer or a buy-and-hold investor. The northerly lounge with new carpet and ceiling fan, plus the reverse-cycle air in the kitchen-dining, provide year-round comfort without deferred maintenance. All three bedrooms include built-in robes, and the separate toilet adds everyday utility. The 698sqm corner block allows side access and future shed or garden options without the burden of large grounds. For an investor, the rental yield on similar Boundary Street stock sits near 5.5%, which supports holding costs in a market where the median three-bedroom house is $322,500 and days on market average 105. The principal risk is the narrow buyer pool in a town of under 4,000 people, where 75% of residents are over 60 and auction clearance is nil. Holding periods on Boundary Street have ranged from four to 31 years, with annual growth between 3.7% and 15.6%, but the lower end reflects long-term stagnation. The property’s recent listing history and the agent’s price guide variation signal possible negotiation room. For an investor, the opportunity is to secure a sub-$320,000 house with a proven rental profile and low vacancy risk in a street dominated by owner-occupiers. For an owner-occupier, the proximity to Kerang South Primary School and the town centre adds lifestyle value. Hold this property for income or as a low-cost first home; capital growth will depend on regional migration and infrastructure, not on the house itself.