5 Grand Ridge East, Mirboo North, Vic 3871

$385,000

House
Type
3
Bedrooms
1
Bathrooms
3
Parkings
718 m²
Area

Last updated on Tuesday, August 04, 2026 ( See property details for 5 Grand Ridge East, Mirboo North, Vic 3871)

$385,000

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

A charming 1950s weatherboard home in the heart of Mirboo North offering comfortable living, future potential, and excellent investment prospects.

🏡 Property Highlights

  • Prime central location within walking distance to Mirboo North township amenities
  • Character-filled 1950s weatherboard home with high ceilings and natural light
  • Generous 718m² secure allotment with potential for future development (STCA)
  • Solid investment with current rental income of $390 per week
  • Low-maintenance property ideal for investors or first-home buyers
  • Scope to update and add value over time

✨ Key Features

  • Built-in Robes
  • Dishwasher
  • Open-Plan Living
  • Garage / Secure Parking
  • Outdoor Area / Balcony
  • Ceiling Fans
  • Security Screens / Gates
  • Fly Screens
  • Waterfront / Views
  • Pet-Friendly

Mirboo North offers a vibrant community with scenic surrounds, a relaxed country-town lifestyle, and convenient access to local amenities. Key highlights include proximity to schools, shops, parks, and recreational trails, making it an ideal location for families, retirees, and investors alike. The area boasts strong demand for well-located homes, ensuring ongoing growth and stability. Its friendly atmosphere and natural beauty create a welcoming environment for residents. With excellent walkability and a range of local services, Mirboo North is a highly desirable place to live and invest.

What is the condition of the property and are there any recent updates?
The property is a well-maintained 1950s weatherboard home with original features such as high ceilings and picture rails. It offers scope for updates and renovations to enhance its value over time.
What are the future development possibilities on the land?
The 718m² allotment provides potential for further development or extension, subject to council approval (STCA).
Is the property suitable for families or pets?
Yes, the fully fenced backyard makes it ideal for families and pets, providing a safe outdoor space.
What are the nearby amenities and lifestyle features?
The home is within walking distance to schools, shops, Baromi Park, the recreation reserve, and the Grand Ridge Rail Trail, offering a convenient and active lifestyle.
What is the rental yield and investment potential?
Currently achieving a rental income of $390 per week, the property presents a strong investment opportunity in a market with consistent demand for well-located homes.
Are there any planning restrictions or easements on the property that could affect future development? Has the property been inspected for structural issues or pest infestations? Are there any upcoming council or community plans that could impact the neighbourhood? What are the ongoing costs, including council rates, water, and maintenance? Is there any history of flooding or bushfire risk in this area? Are there any existing warranties or guarantees on recent renovations or fixtures? What are the zoning regulations and are there any restrictions on property modifications? Are there any planned construction or development projects nearby that could affect the property? Is the property compliant with all building codes and safety standards? Are there any strata or body corporate fees applicable if additional structures are added?

5 Grand Ridge East, Mirboo North, Vic 3871 - More Details

$385,000

Positioned in the heart of Mirboo North, this character-filled 1950s weatherboard home offers a fantastic opportunity to secure a well-located home with scope to further enhance over time. Set within easy walking distance to the township, it will appeal to first-home buyers, investors or those seeking a property with future potential. Representing an affordable entry into the Mirboo North market, this is a smart first step into home ownership or a well-considered addition to any investment portfolio.

Stepping inside, the home welcomes you with high ceilings, charming picture rails and a light-filled living area, where large corner windows invite an abundance of natural light. Carpet underfoot adds comfort, while a split system ensures year-round climate control. The layout flows through to a practical kitchen and dining space, complete with gas cooktop, dishwasher and ample overhead storage. Comfortable as is, the home also offers scope to update and add further value over time.

The home comprises three generous bedrooms, all serviced by a central bathroom featuring a shower, bath and single vanity, along with a hallway linen cupboard providing additional storage.

Set on a secure 718m² approx. allotment, the property offers a fully fenced backyard ideal for families, pets or those with a green thumb. A single garage provides secure parking and additional storage, while the generous land size presents future potential for further development or extension (STCA). The low-maintenance nature of the property further enhances its appeal for investors and those seeking a manageable home.

Recently achieving a rental return of $390 per week, the property also presents a strong investment opportunity in a tightly held market with consistent demand for well-located homes.

Mirboo North is renowned for its strong sense of community, scenic surrounds and relaxed lifestyle. With schools, shops, Baromi Park, the recreation reserve and the Grand Ridge Rail Trail all within walking distance, this location delivers both convenience and a true country-town feel.

*While every effort has been made to ensure the accuracy of the information contained herein, prospective purchasers are encouraged to review the Due Diligence Checklist provided by Consumer Affairs Victoria and to make their own enquiries regarding the property - consumer.vic.gov.au/duediligencechecklist
Type
House
Bedrooms
3
Bathrooms
1
Parkings
3
Area
718 m²
House Size
96.62 m²

Price guide

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