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51 Dempsey Street, Wycheproof$499,000
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For Salehouse

51 Dempsey Street

Wycheproof, VIC 3527, Australia
$499,000
3 bed 2 bath 6 car700 m²

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About this property

Ideally positioned within walking distance to the main street, this professionally renovated property offers outstanding flexibility for investors, retirees or owner-occupiers seeking additional income. The main residence is an updated two-bedroom vinyl-clad home featuring a renovated kitchen with polished floorboards and butler's pantry, and a comfortable lounge with reverse cycle heating and cooling air conditioning and an electric fan-forced fireplace heater. The main bedroom includes a mirrored built-in robe, while the home is serviced by a new, fully renovated bathroom with shower, vanity and toilet. The home has ducted evaporative cooling, quality blinds and fixtures, good floor coverings, rear porch and front verandah. There is also a single garage/workshop. At the rear of the property, with its own separate access and fencing, sits a new, custom-designed tiny home on a transportable galvanised frame. Fully self-contained, plumbed and wired with own meter, it includes a kitchen, bedroom, bathroom and toilet, and is furnished with a bed, TV, fridge, reverse cycle air conditioning and hot water service. Enjoy the sunsets from the timber decked patio. There is also a galvanised iron storage shed and laundry. This home is rent ready or ideal for a relative. Investment details - Main home rental appraisal: $350 per week Tiny home rental appraisal: $250 per week Combined potential income: $600 per week ($31,200 per annum) Approx. 6% return Low maintenance investment with easy-care yards Set in a welcoming community with excellent amenities including shopping, a well-regarded P-12 school, hospital, chemist, hotels, motel, butcher, IGA and hardware store - all within walking distance or easy reach. A quality asset with multiple income streams and lifestyle appeal - move in, rent out, or both.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
3
Bathrooms
2
Parking
6
Land Area
700 m²
Listed
3 months ago

Repayment calculator

$2,419/month
$1,210 /fortnight
Loan $399,200 at 6.10% over 30 years

Upfront costs

Deposit$99,800
Stamp duty$25,010
Conveyancing (est.)$2,000
Total upfront$126,810
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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 Wycheproof

This 3-bedroom house in Wycheproof, VIC 3527 sits within reach of public transport, local shops and nearby schools. It is listed 52% above the $329,000 median of 7 comparable houseswithin 5 km.

Schools near Wycheproof

  • Wycheproof P-12 Collegecombined · Prep-12 · CoEd

What's nearby

  • Post Office/Calder Hwy (bus)176 m away
  • Home Timber & Hardware133 m away
  • Unnamed329 m away
  • Centenary Park334 m away

Wycheproof at a glance

Full suburb profile
Population
610
Median age
56
Household income
$1,011/wk
Median rent
$150/wk
Median mortgage
$650/mo

Source: ABS Census.

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Price history

Price history

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2 price changes recorded for this property

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