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46-48-50-50a Scoresby Street & 23 Nolan Street, Kerang$950,000
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46-48-50-50a Scoresby Street & 23 Nolan Street

Kerang, VIC 3579, Australia
$950,000
10 bed 5 bath 5 car1997 m²

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About this property

Discover a remarkable investment prospect in the heart of Kerang, where a bright future is on the horizon. With the proposed mineral/rare earth mine and ongoing developments positioning the Gannawarra Shire as a green energy hub, the Kerang region is quickly becoming a focal point for growth and opportunity. We are offering a unique package consisting of 5 properties on a single title, which includes 3 separate dwellings and a duplex. Several of these properties have undergone significant renovations, ensuring they are positioned for high demand. Income Potential: With all properties leased, the property will generate an impressive annual income of approximately $71,760.00 or $1380.00 per week, with substantial potential for growth in the years to come as the region develops and attracts more residents and businesses. Zoning and Development Opportunities: The property is zoned commercial, which opens up multiple avenues for future development. The expansive allotment provides the flexibility for substantial projects, such as a shopping centre or a supermarket, tapping into the increasing population and economic activity in the area. Investment Benefits: High rental yield with existing tenants. Significant upside potential as the region grows. Diverse options for future development (commercial, mixed-use). Ideal for inclusion in a superannuation investment portfolio. Why Invest Here? As Northern Victoria continues to evolve and establish itself as a green energy hub, strategic investments in areas like Kerang are poised for strong returns. This property offers not just a stable income stream but also a canvas for future developments that can capitalize on the region's promising trajectory. Don't miss this opportunity to invest in an area on the brink of transformation. Contact us today for more details and to secure your stake in Kerang's bright future! remarkable investment prospect in the heart of Kerang, where a bright future is on the horizon. With the proposed rare earth mine from and ongoing developments positioning

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
10
Bathrooms
5
Parking
5
Land Area
1997 m²
Listed
3 months ago

Repayment calculator

$4,606/month
$2,303 /fortnight
Loan $760,000 at 6.10% over 30 years

Upfront costs

Deposit$190,000
Stamp duty$52,070
Conveyancing (est.)$2,000
Total upfront$244,070
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Kerang

This 10-bedroom house in Kerang, VIC 3579 sits within reach of public transport, local shops and nearby schools. It is listed 197% above the $320,000 median of 55 comparable houseswithin 5 km.

Schools near Kerang

  • Kerang Christian Collegecombined · Prep-12 · CoEd
  • Kerang Primary Schoolprimary · Prep-6 · CoEd
  • Kerang South Primary Schoolprimary · Prep-6 · CoEd
  • Kerang Technical High Schoolsecondary · 7-12 · CoEd

What's nearby

  • Kerang Station (bus)568 m away
  • Max Wilson Tyres & Batteries63 m away
  • Atkinson Park386 m away
  • Unnamed566 m away
  • Unnamed886 m away

Kerang at a glance

Full suburb profile
Population
3,960
Median age
51
Household income
$1,006/wk
Median rent
$200/wk
Median mortgage
$1,000/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Kerang price trend

Median sold · House 3 bed

Compound growth +7.5% / yr over 4 yrs

$320kcurrent median

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