120 Chaffey Street
Merbein, 3505 VIC
1965 house on a 532 m² block with 22m frontage.
Property Snapshot
1965House3 Bed1 Bath1 Off Street532 m² Land130 m² Internal22m Frontage
Investment Highlights
What makes 120 Chaffey Street compelling from a buying and value-add perspective.
Market Status
Off Market
Land Size
532 m²
Frontage
22m
Zoning
GRZ1
Residential - Medium Density
Why Buyers Look At This One
Rare add-value profile — 1965 house on a 532 m² block and a 22m frontage.
Renovate upside — modest 130 m² internal area creates a clear renovation, extension or reconfiguration opportunity.
Walkable transport position — approx. 1km to bus, 20km to train station and 138m to schools.
Neighbourhood quality — strong owner occupier setting with low-turnover character housing nearby.
Property Snapshot
Core facts, planning controls and ownership history.
Bedrooms
3
Bathrooms
1
Parking
1 off-street
Internal Area
130 m²
Ownership & Value
Last Sold$435k
Sold DateApr 2026
Land Value—
RPD1\PS513115
Planning & Site
Property TypeResidential
AccessSingle Access
Height Limit—
Max Storeys—
Wide FrontageResidential
Pricing & Valuation
Guide, estimate and broader pricing context.
Market Status
Off Market
3 Bed Median
$419k
Growth Since 2026
—
Price Estimate
—Low
$435k
—High
VeryHigh Confidence
—
Since last sold — $435,000 — April 2026
Suburb 3 bed house median price over time
Rental Market
Yield, rental pricing and local leasing landscape.
Median Rent
$475
3 Bed Yield
5.9%
Vacancy
2.1%
Rentals Last 12M
2
Suburb 3 bed house median rent over time
Planning & Risk Overlays
Important due diligence considerations for this property.
Flood Overlay Detected
No flooding known in this area
Other Overlays
Bushfire: No bushfire known in this area. Heritage: No heritage known in this area. Biodiversity: No biodiversity known in this area.
Location & Connectivity
Access to transport, schools and local amenity around 120 Chaffey Street.
Train Station
20km
Bus Stop
1km
Schools
138m
Road Type
residential
Transport: Easy access to nearby train station and frequent bus routes.
Lifestyle: Walking distance to local shops, parks and nearby dining precincts.
Positioning: Quiet residential street with strong owner occupier presence and limited turnover.
Neighbourhood Profile
Proximity to amenities and local context impacting livability.
Social Housing
3.2%Train Station
20kmBus Stop
1kmCentre Zone
958mRoad Type
residential (Low Noise)School Catchment
138mMerbein Snapshot
Broader suburb metrics that support the local story.
Population
2,770
Owner Occupiers
73%
Social Housing
3.2%
Crime Index
—
Not available
High Owner Occupier AppealLow Stock on Market
Explore Merbein in more detail
Deep dive into growth, demand, demographics and comparable sales.
View Suburb Profile
