105 Murchison Road, Rushworth VIC 3612
105 Murchison Road, Rushworth VIC 3612
Large 3363sqm block | double brick build | bushfire overlay | off-market opportunity
This property offers a rare combination of a generous 3363sqm lot with a solid double brick home, which is unusual for its price point in Rushworth. The 275sqm footprint and 4m roof height provide scope for future additions or subdivision, subject to council approval. With 82% owner-occupancy in the area and only one listing on Murchison Road, demand is stable and supply tight. The property suits a buyer seeking land banking, a family wanting space, or an investor after a low-entry holding with $375/week rental potential.
The bushfire overlay is the primary risk, increasing insurance costs and limiting some development options. No flood or heritage overlays reduce complexity. The estimated $315,000โ$323,000 value sits below replacement cost for the structure, offering a margin of safety. FTTP NBN adds modest appeal for remote workers. For a buyer, this is best held as a long-term land play or improved for rental yield, with the option to subdivide later if zoning permits.
Independent, Unbiased Research Report for this property by PropCred Analyst teamย
Market Insight:
Rushworth presents as a regional market with a clear family orientation, though current conditions are challenging. Demand is primarily driven by families and singles seeking affordability, yet supply currently outweighs demand, creating a buyer’s market. Recent price trends have softened, with the market experiencing downward pressure on values. Future organic growth appears constrained by this supply-demand imbalance, with the key risk being that sellers must price realistically to meet a cautious buyer pool.