24 Milbourne Street
Warracknabeal, 3393 VIC
1940 house on a 655 m² block with 20m frontage.
Property Snapshot
1940House3 Bed1 Bath1 Off Street655 m² Land95 m² Internal20m Frontage
Investment Highlights
What makes 24 Milbourne Street compelling from a buying and value-add perspective.
Market Status
Off Market
Land Size
655 m²
Frontage
20m
Zoning
GRZ1
Residential - Medium Density
Why Buyers Look At This One
Rare add-value profile — 1940 house on a 655 m² block and a 20m frontage.
Renovate upside — modest 95 m² internal area creates a clear renovation, extension or reconfiguration opportunity.
Walkable transport position — approx. 576m to bus, 40km to train station and 815m 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
95 m²
Ownership & Value
Last Sold$245k
Sold DateFeb 2026
Land Value—
RPD1\TP387110
Planning & Site
Property TypeResidential
AccessSingle Access
Height Limit—
Max Storeys—
Wide FrontageCharacter HousingResidential
Pricing & Valuation
Guide, estimate and broader pricing context.
Market Status
Off Market
3 Bed Median
$299k
Growth Since 2026
—
Price Estimate
$208kLow
$245k
$282kHigh
VeryHigh Confidence
—
Since last sold — $245,000 — February 2026
Suburb 3 bed house median price over time
Rental Market
Yield, rental pricing and local leasing landscape.
Median Rent
$340
3 Bed Yield
5.9%
Vacancy
—
Rentals Last 12M
0
Suburb 3 bed house median rent over time
Planning & Risk Overlays
Important due diligence considerations for this property.
Flood Overlay Detected
LSIO - LAND SUBJECT TO INUNDATION OVERLAY
Other Overlays
Bushfire: No bushfire known in this area. Heritage: Recognition and Settlement Agreement - Wotjobaluk RSA - Traditional Owner Settlement Act. Biodiversity: No biodiversity known in this area.
Location & Connectivity
Access to transport, schools and local amenity around 24 Milbourne Street.
Train Station
40km
Bus Stop
576m
Schools
815m
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
2.3%Train Station
40kmBus Stop
576mCentre Zone
475mRoad Type
residential (Low Noise)School Catchment
815mWarracknabeal Snapshot
Broader suburb metrics that support the local story.
Population
2,359
Owner Occupiers
76%
Social Housing
2.3%
Crime Index
—
Not available
High Owner Occupier AppealLow Stock on Market
Explore Warracknabeal in more detail
Deep dive into growth, demand, demographics and comparable sales.
View Suburb Profile
