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23 Emmett Street, Ouyen, Vic 3490 For Sale
23 Emmett Street, Ouyen, Vic 3490 23 Emmett Street, Ouyen, Vic 3490-Image 23 Emmett Street, Ouyen, Vic 3490-Image 23 Emmett Street, Ouyen, Vic 3490-Image 23 Emmett Street, Ouyen, Vic 3490-Image 23 Emmett Street, Ouyen, Vic 3490-Image 23 Emmett Street, Ouyen, Vic 3490-Image 23 Emmett Street, Ouyen, Vic 3490-Image 23 Emmett Street, Ouyen, Vic 3490-Image 23 Emmett Street, Ouyen, Vic 3490-Image 23 Emmett Street, Ouyen, Vic 3490-Image 23 Emmett Street, Ouyen, Vic 3490-Image 23 Emmett Street, Ouyen, Vic 3490-Image 23 Emmett Street, Ouyen, Vic 3490-Image 23 Emmett Street, Ouyen, Vic 3490-Floorplan

23 Emmett Street, Ouyen, Vic 3490

$200,000 - $220,000

House
Type
4
Bedrooms
1
Bathrooms
2
Parkings
1,003 mΒ²
Area

Published on Thursday, October 08, 2026 ( See property details for 23 Emmett Street, Ouyen, Vic 3490)

$200,000 - $220,000

Brett Driscoll - Real Estate Agent - Ray White - Mildura
Brett Driscoll Premier Sales Agent & Marketing Specialist
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  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

Affordable four-bedroom house on a spacious 1/4 acre block in Ouyen, offering stable rental income and potential for future improvements.

🏑 Property Highlights

  • Long-term tenants since 2010 providing stable rental income
  • Approximate 9.25% rental return with future rent increase planned
  • Set on a generous 1/4 acre (995m2) block with outdoor verandahs
  • Split system heating & cooling for year-round comfort
  • Includes a garden shed and single carport for convenience
  • Potential for future improvements to enhance value

✨ Key Features

  • Outdoor Area
  • Built-in Robes
  • Open-Plan Living
  • Shed
  • Ceiling Fans
  • Heating
  • Fully fenced
  • Garden / courtyard
  • Pet-Friendly
  • Water tank
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23 Emmett Street
Ouyen, VIC 3490
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Vertical aerial view β€” 23 Emmett Street
23 Emmett Street — Vertical Aerial  •  Ouyen, VIC 3490  •  Nearmap © 2026

Ouyen is a vibrant rural town offering a relaxed lifestyle with essential amenities, strong community spirit, and excellent investment opportunities. The area features spacious properties, outdoor recreational spaces, and easy access to regional services, making it ideal for families and investors alike. Its strategic location ensures connectivity and growth potential, while the welcoming community fosters a friendly environment. Ouyen combines affordability with a peaceful rural setting, perfect for those seeking a balanced lifestyle.

What is the current rental income and potential for future growth?
The property is currently leased at $372 per week with a planned increase to $388 from January 2027, offering a strong rental yield of approximately 9.25% and potential for further growth with improvements.
What are the key features of the property that enhance livability?
The home features split system heating and cooling, outdoor verandahs, a garden shed, and a spacious yard, providing comfort and outdoor space for relaxation.
Is the property suitable for long-term investment?
Yes, with tenants since 2010 and a stable rental income, this property is an ideal 'set and forget' investment opportunity with scope for future upgrades.
What is the condition of the property and scope for improvements?
The property currently meets rental minimum standards and offers potential for future improvements to increase value and appeal.
Are there any upcoming zoning changes or planning developments in the area that could affect the property's value? What are the ongoing costs associated with the property, including council rates, maintenance, and insurance? Are there any easements, covenants, or restrictions on the land that could impact future development? Has the property been inspected for structural issues or pests? Is the property located in a flood or bushfire-prone area, and what are the associated risks? Are there any planned infrastructure projects or construction nearby that could cause noise or disruption? What are the terms of the current lease, and are there any conditions that could change? Are there any strata or community title considerations if applicable? What is the history of repairs or renovations on the property? Are there any additional costs or fees associated with the property that are not immediately apparent?

23 Emmett Street, Ouyen, Vic 3490 - More Details

$200,000 - $220,000

Affordable four bedroom home in Ouyen. Showing an approximate 9.25% return being currently leased at $372 per week, with the rent increasing to $388 per week from January 2027. The tenants are long term, having leased the home since 2010. Set on about 1/4 acre (995m2). Kitchen and dining, along with separate lounge. Split system heating & cooling. The property currently meets rental minimum standards, there is also the scope for future improvements should you desire. Front and rear verandah, single carport and garden shed. Leased on a periodic (month-by-month) basis. This is the perfect 'set and forget' investment property.
Type
House
Bedrooms
4
Bathrooms
1
Parkings
2
Area
1,003 mΒ²

Price guide

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Map & nearby places — 23 Emmett Street, Ouyen, Vic 3490

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