FOR SALE
$495,000

17 Finlason Street
Mansfield VIC 3722

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 646m2
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Get ready for the next boom!

You can secure this entry level home and collect rent until you are ready to renovate or redevelop the site. The property is currently yielding $520 per fortnight from the long term tenants. It's a great location within easy walking distance of shops and schools. The land size and general residential zoning would allow you to build 2 townhouses in the future, subject to council approval of course. Affordable housing is in short supply and very high demand in Mansfield, with the town continuing to grow at a rapid rate.
As this property is currently leased we haven't published photos with the tenants personal items but can provide internal photos upon request. We also need a little bit of notice to arrange inspections of the home.
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Property Details for 17 Finlason St, Mansfield

17 Finlason St, Mansfield is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 646m2. The place is currently for sale with District Property Group.

Building Type
House
Land Size
646m2

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About Mansfield 3722

The size of Mansfield is approximately 269.8 square kilometres. It has 7 parks covering nearly 0.4% of total area. The population of Mansfield in 2011 was 4,359 people. By 2016 the population was 4,799 showing a population growth of 10.1% in the area during that time. The predominant age group in Mansfield is 60-69 years. Households in Mansfield are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mansfield work in a trades occupation. In 2011, 69.6% of the homes in Mansfield were owner-occupied compared with 69.6% in 2016.

Mansfield has 4,140 properties. Over the last 5 years, Houses in Mansfield have seen a 84.52% increase in median value, while Units have seen a 44.56% increase. As at 31 August 2024:

  • The median value for Houses in Mansfield is $845,436 while the median value for Units is $529,322.
  • Houses have a median rent of $540 while Units have a median rent of $460.
There are currently 59 properties listed for sale, and 1 property listed for rent in Mansfield on OnTheHouse. According to CoreLogic's data, 105 properties were sold in the past 12 months in Mansfield.

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Jenny Gould
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Lis Jones
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District Property Group
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