125 Rail Street, Heathcote Junction, VIC 3758 | House for sale | OnTheHouse
 
FOR SALE
$550,000 - $605,000

125 Rail Street
Heathcote Junction VIC 3758

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Land area: 2102.72m2
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A Rare 2103 sqm Opportunity: Renovate, Rebuild or Reimagine

Perfectly positioned in a sought-after location, this expansive 2,103 sqm property presents an incredible opportunity for renovators, builders, investors, or those wanting a prime block close to town conveniences. The early-1900s two-bedroom, one-bathroom cottage sits proudly at the front, showcasing charming original features including timber floorboards, soaring 10-foot ceilings, double-glazed windows, a cosy lounge with wood heater, and a kitchen with open fireplace. Solar panels and a single carport are already in place.
The cottage is in very poor condition, requires restumping, and has visible previous termite damage, offering the choice to undertake a full renovation or demolish and build your dream residence (STCA).
Adding exceptional value is the separate two-bedroom, one-bathroom unit at the rear, currently leased to a long-term tenant at $250 per week (lease expiry 8/26). This unit includes split-system heating and cooling, front verandah, carport, and provides an immediate income stream.
Magnificent established gardens surround the property, with full fencing and a 5m x 7m shed included.
Located just a 2-minute walk to the train station (approx. 50 minutes to the Melbourne CBD), and only a 5-minute drive to local schools and the shopping centre, this is a unique chance to secure a large parcel in a premium position with endless potential: build new, renovate the original home, or enjoy dual rental.
Please contact Gavin Henderson on 0408 359 764 if you have any queries.
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Property Details for 125 Rail St, Heathcote Junction

125 Rail St, Heathcote Junction is a 2 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 2102.72m2. The place is currently for sale with LJ Hooker Broadford | Kilmore.

Building Type
House
Land Size
2102.72m2
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About Heathcote Junction 3758

The size of Heathcote Junction is approximately 10.2 square kilometres. It has 1 park. The population of Heathcote Junction in 2016 was 839 people. By 2021 the population was 811 showing a population decline of 3.3% in the area during that time. The predominant age group in Heathcote Junction is 0-9 years. Households in Heathcote Junction are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Heathcote Junction work in a trades occupation.In 2021, 95.50% of the homes in Heathcote Junction were owner-occupied compared with 89.80% in 2016.

Heathcote Junction has 336 properties. Over the last 5 years, Houses in Heathcote Junction have seen a -1.18% decrease in median value, while Units have seen a 17.29% increase. As at 30 November 2025:

  • The median value for Houses in Heathcote Junction is $766,355 while the median value for Units is $705,166.
There are currently 3 properties listed for sale, and no properties listed for rent in Heathcote junction on OnTheHouse. According to Cotality's data, 10 properties were sold in the past 12 months in Heathcote junction.

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Gavin Henderson
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LJ Hooker Broadford | Kilmore
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