1 Minerva Street, Mansfield, Vic 3722

$575,000 - $625,000

House
Type
3
Bedrooms
1
Bathrooms
1
Parkings
948 m²
Area

Published on Monday, October 05, 2026 ( See property details for 1 Minerva Street, Mansfield, Vic 3722)

$575,000 - $625,000

Jenny Gould Director - Licensed Estate Agent
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A spacious 3-bedroom house on a large 948 m² block in a central location, offering excellent renovation and development potential.

🏡 Property Highlights

  • Generous 948 m² block in a prime central location
  • Potential for future subdivision and development
  • North-facing backyard ideal for light-filled extensions
  • Liveable home with scope for renovation and improvement
  • Excellent investment opportunity ahead of market boom
  • Spacious backyard perfect for outdoor living

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Outdoor Area
  • Fully fenced
  • Water tank
  • Garden / courtyard
  • Potential for subdivision
  • Development potential
  • North-facing backyard
  • Large backyard
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1 Minerva Street
Mansfield, VIC 3722
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Vertical aerial view — 1 Minerva Street
1 Minerva Street — Vertical Aerial  •  Mansfield, VIC 3722  •  Nearmap © 2026

Mansfield is a vibrant regional hub offering a strong community feel, excellent outdoor recreation, and convenient access to amenities. Its central location makes it ideal for families and investors alike, with future growth prospects. The area boasts scenic natural surroundings, a friendly neighbourhood, and a peaceful lifestyle. Local schools, shops, and parks are within easy reach, making it a highly desirable place to live and invest. Mansfield’s market is poised for growth, offering excellent opportunities for buyers seeking value and potential.

What renovation options are available for this property?
The property offers scope for extending the living area, updating the interior, and enhancing outdoor spaces to suit your lifestyle.
Is there potential for subdivision or future development?
Yes, the large 948 m² block provides ample space for subdivision or building additional units, subject to council approval.
What are the key features of the backyard?
The backyard faces north, making it ideal for natural light, and it is spacious enough for outdoor entertaining, gardening, or future extensions.
Are there any restrictions or approvals needed for development?
Development would require council approval; it is recommended to consult with local planning authorities for specific zoning and subdivision regulations.
What is the condition of the house?
The house is liveable but not modern; it offers a solid foundation for renovation and personalisation.
Are there any zoning restrictions or easements on the property that could affect subdivision or development plans? Has the property been inspected for structural issues or required repairs? Are there any planned infrastructure projects or nearby developments that could impact the property? What are the council rates and potential costs associated with subdivision or renovation? Is the property located in a flood or bushfire-prone area, and what precautions are recommended?

1 Minerva Street, Mansfield, Vic 3722 - More Details

$575,000 - $625,000

You can't go wrong with such a nice big block in a prime central location. Sure the house isn't flash but it's definitely liveable and with some imagination and a bit of work you will be sitting pretty. The big backyard faces North so you could create a fabulous light filled open plan living area when you are ready to add an extension. There's plenty of room if you wanted to subdivide and build a couple of units in the future.

Now is a great time to get into the market and be ready for the next boom.
Type
House
Bedrooms
3
Bathrooms
1
Parkings
1
Area
948 m²

Price guide

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