FOR SALE
$565,000 to $590,000

24 Drake Street
Malmsbury VIC 3446

Bedrooms: 2
Bathrooms: 1
Car spaces: 4
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Elm Cottage - A Charming Miner's Cottage

This quaint cottage set within a charming garden is settled in a quiet street in the country town of Malmsbury, just over an hour to Melbourne.
The cottage has retained its heritage, whilst being brought into the 21st Century with an updated kitchen, bathroom, solid fuel heater and a large split system.
There are two living areas, two cosy bedrooms and the north facing kitchen dining room, which accesses the spacious deck - a perfect place for lunch or to wind down at the end of the day. The two bedrooms are carpeted, warm and inviting.
The updates also include a new corrugated iron roof and insulation.
The garden is a treasure trove of trees, including fruit trees, and plants lining the paths. It is a cottage garden.
The land size is 1,046 sqm, with the balance of land subject to a subdivision (STCA).
This is the perfect weekender, or peaceful retreat from life, currently run as a B&B, you need to come and see it.
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Property Details for 24 Drake St, Malmsbury

24 Drake St, Malmsbury is a 2 bedroom, 1 bathroom House with 4 parking spaces. The place is currently for sale with Ray White Kyneton.

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About Malmsbury 3446

The size of Malmsbury is approximately 40.6 square kilometres. It has 7 parks covering nearly 3.9% of total area. The population of Malmsbury in 2011 was 612 people. By 2016 the population was 834 showing a population growth of 36.3% in the area during that time. The predominant age group in Malmsbury is 50-59 years. Households in Malmsbury are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Malmsbury work in a professional occupation. In 2011, 82% of the homes in Malmsbury were owner-occupied compared with 81.6% in 2016.

Malmsbury has 660 properties. Over the last 5 years, Houses in Malmsbury have seen a 43.08% increase in median value. As at 30 September 2024:

  • The median value for Houses in Malmsbury is $803,117 while the median value for Units is $624,209.
  • Houses have a median rent of $375.
There are currently 11 properties listed for sale, and 1 property listed for rent in Malmsbury on OnTheHouse. According to CoreLogic's data, 22 properties were sold in the past 12 months in Malmsbury.

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Nathanial Briggs
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Tamara Mactier
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Ray White Kyneton
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