148 Hervey Street, Elmore VIC 3558

148 Hervey Street, Elmore VIC 3558
4 bed house on 604m² corner block | Bushfire overlay noted | Zoned residential near Elmore Primary | Suits family living with double garaging |This four-bedroom house on a 604sqm block suits families or downsizers seeking practical space in a residential setting close to local schools. The corner position enhances access and potential for side yard use, offering flexibility for outdoor living or future expansions within its residential zoning. At 32% building coverage, the 194sqm structure leaves room for gardens or additions, appealing to buyers who value land proportion in a compact lot. Properties like this on Hervey Street blend seamlessly with established housing stock, providing a low-maintenance footprint amid similar family homes. Families drawn to Elmore’s primary school catchment often target four-bedroom configurations for their balance of space and convenience, especially with reliable NBN and dual living areas. Similar houses in the area hold steady value due to limited supply of mid-sized blocks, performing reliably in rental yields around established medians. The absence of flood or heritage overlays bolsters long-term holding appeal, while the bushfire management adds a layer of preparedness for regional buyers. Overall, its street-front corner setup positions it well for enduring demand from local workforce families prioritizing affordability and school proximity.

Independent, Unbiased Research from  our PropCred Analyst team 

Market Insight:

Elmore is a small regional township north of Bendigo attracting buyers seeking affordability and a slower rural lifestyle. Demand is primarily driven by retirees, downsizers, and tree-change buyers looking for larger blocks and lower entry prices compared with regional centres. Housing values remain relatively affordable, typically well below major regional city prices, with modest but stable growth driven by lifestyle migration and limited housing supply. The town offers a tight-knit community, local services, and easy access to Bendigo for employment and amenities, making it appealing for buyers prioritising lifestyle over proximity to major employment hubs.

PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

604m²

Built

Recent Assessments