For Sale

15 Railway Terrace, Ouyen, Vic 3490

$175,000 - $190,000

House

Type

Bedrooms

Bathrooms

909 m²

Area

Published on Monday, October 26, 2026 ( See property details for 15 Railway Terrace, Ouyen, Vic 3490)

$175,000 - $190,000

View the agent price guide.

Brett Driscoll Premier Sales Agent & Marketing Specialist

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AI Property Insight

AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A charming two-bedroom weatherboard cottage on a spacious 909m² block, offering great value and potential for renovation.

🏡 Property Highlights

Affordable entry point with a potential 10%+ rental return
Two-bedroom weatherboard cottage with high ceilings
Additional bungalow included for versatile use
Generous 909 m² block with rear access
Potential for renovation and value-adding
Functional bathroom with classic charm

✨ Key Features

Open-Plan Living
Built-in Robes
Ceiling Fans
External Laundry
Water Tank
Shed
Pet-Friendly
Built in wardrobes
Floorboards
Water tank

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15 Railway Terrace

Ouyen, VIC 3490

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Suburb and Property Insights of Ouyen, VIC 3490

Ouyen is a vibrant rural town offering affordable housing options, a close-knit community, and a peaceful lifestyle. Key points include: excellent local amenities, strong community spirit, scenic surroundings, affordable property prices, and convenient access to regional services.

Frequently Asked Questions

What is the condition of the property and what renovations might be needed?

The property is in need of some TLC, offering an excellent opportunity for renovation and personalisation to increase its value.

What are the rental prospects and potential return on investment?

The property is expected to rent for approximately $200 per week, offering a potential rental yield of over 10%.

Are there any restrictions or zoning considerations for this property?

Zoning details should be confirmed with local council; the property is situated on a 909m² block with rear access, suitable for various uses.

What are the nearby amenities and services available in Ouyen?

Ouyen offers local shops, schools, healthcare facilities, and community services, making it a convenient location for residents.

Is the property suitable for first-time buyers or investors?

Yes, with its affordable price, high rental yield, and potential for renovation, it is ideal for both first-time buyers and investors.

What to ask about this property to agent?

Are there any hidden costs or upcoming maintenance issues not disclosed? Has the property been affected by flooding, bushfire risks, or other environmental hazards? Are there any planning or zoning restrictions that could impact future development? Is there any existing strata or body corporate arrangement, and what are the associated fees? Are there any nearby construction projects or developments that could affect the property’s value or living conditions? What is the history of the property's structural integrity and are there any known defects? Are there any easements or covenants registered on the title that could limit use? What are the council rates and other ongoing costs associated with the property? Is the property compliant with current building codes and regulations? Are there any noise or neighbour-related issues that should be considered?

15 Railway Terrace, Ouyen, Vic 3490 - More Details

$175,000 - $190,000

Expected rental 'as-is' at $200 per week (offering an almighty 10%+ return). In need of some TLC, but at this price you can afford to budget that in. Two bedroom weatherboard cottage with high ceilings throughout, with an additional bungalow thrown in. Functional bathroom with shower, vanity & WC. New ceiling fans to both bedrooms and lounge room, whilst open plan living is on offer.

Kitchen with freestanding electric cooktop & oven, while still retaining the charm of yesteryear by offering the old wood stove. External laundry with second toilet. Rear access to the property, an assortment of shedding, all on 909m2. Locations where you can still find a house for $100k are increasingly rare these days plus a potential 10%+ return.

Type: House
Bedrooms: 3
Bathrooms: 1
Area: 909 m²

Price guide

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Map & nearby places — 15 Railway Terrace, Ouyen, Vic 3490

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Costs and returns

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School catchments

Government school zones this property is inside, from the outlines we hold. A zone can change, and being in a zone is not a guarantee of a place, so check with the school or the education department.

We do not hold a school zone outline for this address. That does not mean it has no zoned school: use the education department’s school finder to check.

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