7 Grace Street, Maryborough VIC 3465

3 bed 2 bath 2 car | 303m² compact block | heritage and bushfire overlays | solid rental yield near 5.2% The property’s three-bedroom, two-bathroom configuration on a manageable 303m² block is a functional layout that suits both owner-occupiers and investors seeking low-maintenance living in a regional centre. Its asking price sits near the lower-middle of estimated value ranges, and the implied rental yield of approximately 5.2% is competitive for the Maryborough market, where the median house price is around $405,000. The proximity to the Maryborough Education Centre and other schools adds appeal for families, while the compact land size reduces upkeep. This property is best suited to a buyer prioritising immediate rental income or a straightforward home with minimal grounds, rather than someone seeking a large block for future subdivision or extensive renovation. The heritage and bushfire overlays are the primary risks, as they may restrict exterior modifications, increase compliance costs, and affect insurance premiums. The conflicting flood overlay information requires independent verification through official planning maps before proceeding. The Fibre-to-the-Node NBN connection is adequate but not a premium feature. The street’s 75% owner-occupier rate suggests stable neighbourhood character, though the small sample of recent sales limits comparability. The opportunity lies in securing a well-configured house at a price that aligns with conservative valuations, with the rental income providing a buffer against market fluctuations.