OFF MARKET

15 Lake Street
Murtoa VIC 3390

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 114m2
Land area: 2040m2
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Property Details for 15 Lake St, Murtoa

15 Lake St, Murtoa is a 1 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 2040m2 and floor size of 114m2. While the property is not currently for sale or for rent, it was last sold in December 2021.

Building Type
House
Floor Size
114m2
Land Size
2040m2
Local Government
Yarriambiack
Lot/Plan
2~7/PP5566

Last Listing description (January 2022)

Nestled in the small township of Murtoa and just a short 25 minute drive to Horsham, is this fantastic opportunity to secure this unique property that is currently zoned Public Use Zone - Education (puz2), but is currently going through council to be changed to Township zone.
Formerly used for gold prospecting purposes, but in more recent times the RSL head quarters, the besser block building comprises a kitchen with an electric stove and open living area with 2x split systems. There are two toilets and a shower recess, it also has a new heat pump hot water system. The open living space comprises an area suited to convert to two bedrooms, open lounge/dining and designed for 2 bathrooms, enabling an ensuite off the master and a laundry off the kitchen. A myriad of floorplans could be achieved as it is a blank canvas. As the dwelling is set back, there is further scope to extend the front of the building. The block measures 2018m2, with a frontage of 40.13m that overlooks Rabl Park and views of Marma Lake. Close to all facilities Murtoa has to offer as the swimming pool, skate park and tennis courts are over the road.
The yard is fully fenced and has dual driveways that allows excellent access. There is a steel workshop approx. 6.1x 4.9m located behind the dwelling. It has a concrete floor and power connected. The other storage shed measures 6.5x 3.3m with a concrete floor.

This property will suit many buyers, investors or developers alike, or would make the perfect home site. Looking at running a business from home, as this offers excellent exposure, the possibilities and permutations are endless.
Developers please note, the minimum block size in the Yarriambiak shire is 400m2. If wanting to keep the existing building, there is an option to subdivide each side of the building, subject to council approval.

Property History for 15 Lake St, Murtoa, VIC 3390

A timeline of how this property has performed in the market
Last Sold
$196,000
15 Dec 2021
  • 15 Dec 2021
    Sold for $196,000
  • 12 Nov 2021
    Listed for Sale SOLD - $196,000
  • 12 Aug 2021
    Sold for $101,000
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About Murtoa 3390

The size of Murtoa is approximately 305 square kilometres. It has 5 parks covering nearly 1.1% of total area. The population of Murtoa in 2011 was 991 people. By 2016 the population was 855 showing a population decline of 13.7% in the area during that time. The predominant age group in Murtoa is 60-69 years. Households in Murtoa are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Murtoa work in a managers occupation. In 2011, 74.4% of the homes in Murtoa were owner-occupied compared with 75.8% in 2016.

Murtoa has 670 properties. Over the last 5 years, Houses in Murtoa have seen a 78.28% increase in median value. As at 31 October 2024:

  • The median value for Houses in Murtoa is $189,599 while the median value for Units is $232,097.
  • Houses have a median rent of $240.
There are currently 6 properties listed for sale, and no properties listed for rent in Murtoa on OnTheHouse. According to CoreLogic's data, 20 properties were sold in the past 12 months in Murtoa.

Suburb Insights for Murtoa 3390

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.