For Sale

Elders Real Estate - Mildura / Wentworth / Robinvale

47 Gray Street, Murrayville, Vic 3512

$285,000 - $313,000

House

Type

Bedrooms

Bathrooms

992 m²

Area

Published on Monday, September 14, 2026 ( See property details for 47 Gray Street, Murrayville, Vic 3512)

$285,000 - $313,000

View the agent price guide.

Marty Deacon Principal / Real Estate Expert - Residential, Rural, Commercial / Accredited Auctioneer / Stock & Station Agent / Water Broker

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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 beautifully renovated country weatherboard home on a large allotment, offering strong rental income and flexible living options.

🏡 Property Highlights

Secure lease in place until September 2027 providing immediate rental income
Generous 992m² allotment with rear lane access for versatile outdoor options
Recently renovated kitchen and bathroom enhancing modern comfort
Charming weatherboard character with period features
Excellent rental return of $355 per week supporting mortgage offset
Central split system for efficient heating and cooling

✨ Key Features

Dishwasher
Open-Plan Living
Built-in Robes
Outdoor Area
Secure Parking
Water tank
Fly Screens
Ceiling Fans
Water tank
Outdoor Area / Balcony

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47 Gray Street

Murrayville, VIC 3512

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Suburb and Property Insights of Murrayville, VIC 3512

Murrayville offers a peaceful rural lifestyle with a close-knit community, scenic countryside, and convenient access to essential amenities. The area is ideal for those seeking tranquility, outdoor activities, and a strong sense of local history. With affordable property options and a growing demand for rural retreats, Murrayville presents a compelling opportunity for both investors and families. The region benefits from good transport links and a welcoming atmosphere, making it a desirable place to call home.

Frequently Asked Questions

What is the condition of the property and recent renovations?

The property has been extensively renovated, including the kitchen and bathroom, ensuring modern comfort and character.

What are the current rental terms and potential for future leasing?

The property is leased until September 2027 at $355 per week, offering a secure income stream with potential for longer-term leasing or owner occupation.

Does the property have any additional features like outdoor living or parking?

Yes, it features a charming front veranda, rear lane access, and a generous 992m² allotment suitable for outdoor activities or future development.

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

The property is ideal for both, offering a solid rental return for investors and an affordable, character-filled home for future homeowners.

What heating and cooling options are available?

The home is equipped with a central split system for efficient heating and cooling throughout the year.

What to ask about this property to agent?

Are there any zoning restrictions or easements affecting the property? What are the ongoing maintenance costs for the weatherboard exterior? Is there any history of flooding or bushfire risk in the area? Are there any upcoming planning or development proposals nearby? What are the strata or council rates applicable to this property? Are there any hidden costs associated with the property, such as repairs or upgrades? Has the property been inspected for pests or structural issues? Are there any restrictions on future renovations or extensions? Is the rear lane access suitable for all types of vehicles? Are there any noise or neighbour-related concerns in the vicinity?

47 Gray Street, Murrayville, Vic 3512 - More Details

$285,000 - $313,000

An excellent opportunity for investors and future homeowners alike, this charming extensively renovated country home offers a strong rental return, with a secure lease in place until September 2027.

Currently returning $355 per week, the property provides the benefit of having your mortgage partially subsidised while you plan for the future. Once the current lease concludes, the home would make a very comfortable permanent residence or the tenant may even want to lease longer.

Set on a generous 992m² allotment - almost ¼ acre - with convenient rear lane access, this character-filled weatherboard home combines period charm with modern comforts.

Features include:
* Three comfortable bedrooms
* Modern, recently renovated bathroom with integrated laundry
* Renovated kitchen with dishwasher
* Separate lounge room
* Central Split system for heating and cooling
* Charming rocking-chair front veranda
* Generous 992m² allotment
* Rear lane access
* Secure lease in place until September 2027
* Current rental return of $355 per week

Whether you're looking to add a solid rental property to your portfolio or secure an affordable country home for the future, 47 Gray Street offers flexibility, character and value.

Contact us to arrange an inspection.

Type: House
Bedrooms: 3
Bathrooms: 1
Area: 992 m²

Price guide

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