3946 Murray Valley Highway, Killara, VIC 3691 | House for sale | OnTheHouse
 
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3946 Murray Valley Highway
Killara VIC 3691

Bedrooms: 2
Bathrooms: 1
Car spaces: 4
Land area: 724m2
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Relax, Entertain & Invest - Cottage Charm with Spectacular Views and A Rare Mixed Zoning Opportunity

Brimming with timeless charm and endless potential, 3946 Murray Valley Highway, Killara is a delightful cottage-style home that offers the perfect blend of character, comfort and investment opportunity. Set on a generous 724m² (approx.) allotment with valuable Mixed Zoning, this unique property is ideal for investors, business owners or buyers seeking future flexibility (STCA).
Currently returning $1,912 per month on a periodic tenancy, the property provides immediate rental income while allowing flexibility for future plans.
Behind its charming weatherboard façade, the home showcases warm timber floorboards and a welcoming interior. The spacious formal lounge is the heart of the home, featuring a large reverse-cycle air conditioner and a cosy wood combustion heater, creating the perfect space to relax throughout every season.
The modern kitchen offers excellent functionality with a breakfast bar, ample storage and quality finishes, making it equally suited to everyday living and entertaining.
Accommodation comprises two generously sized bedrooms, with the oversized master featuring its own reverse-cycle air conditioner and access to a beautifully renovated bathroom. Outside, the home is complemented by a double carport and two additional off-street parking spaces, providing ample room for vehicles, trailers or visitors.
Whether you're looking to secure a charming investment, establish a business (STCA), or capitalise on the flexibility of mixed zoning, this character-filled property presents an exceptional opportunity in a highly accessible location.
Property Features:
• Charming cottage-style street appeal
• Mixed Zoning offering future flexibility (STCA)
• 724m2; (approx.) allotment
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Property Details for 3946 Murray Valley Hwy, Killara

3946 Murray Valley Hwy, Killara is a 2 bedroom, 1 bathroom House with 4 parking spaces. The property has a land size of 724m2. The place is currently for sale with Ray White Albury Central.

Building Type
House
Land Size
724m2
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About Killara 3691

The size of Killara is approximately 1.7 square kilometres. There is 1 park, covering nearly 7.2% of the total area. The population of Killara in 2016 was 625 people. By 2021 the population was 1485 showing a population growth of 137.6% in the area during that time. The predominant age group in Killara is 0-9 years. Households in Killara are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Killara work in a professional occupation.In 2021, 76.80% of the homes in Killara were owner-occupied compared with 71.70% in 2016.

Killara has 707 properties. Over the last 5 years, Houses in Killara have seen a 40.60% increase in median value, while Units have seen a 62.83% increase. As at 31 July 2026:

  • The median value for Houses in Killara is $785,526 while the median value for Units is $446,825.
  • Houses have a median rent of $650.
There are currently 8 properties listed for sale, and no properties listed for rent in Killara on OnTheHouse. According to Cotality's data, 23 properties were sold in the past 12 months in Killara.

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Rahul Goyal
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Hanessa Blanza
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Ray White Albury Central
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