5 Haslem Street, Kyabram, VIC 3620 | House for sale | OnTheHouse
 
FOR SALE
$570,000 to $600,000

5 Haslem Street
Kyabram VIC 3620

Bedrooms: 5
Bathrooms: 1
Car spaces: 1
Floor area: 139m2
Land area: 1149m2
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"Investors/Developers - Take note!"

Positioned on a substantial allotment of approximately 1,149m², 5 Haslem Street presents an exciting opportunity for investors and developers looking to secure an income-producing property with considerable future potential.
The existing residence is currently being let at $570 per week, providing an immediate rental return of approximately $29,640 per annum. Although previously the property had been reconfigured as a 5/6-bedroom share house.
The home offers up to 5 separate bedrooms together with a galley-style kitchen, dining area, bathroom, laundry and toilet facilities. High ceilings retain the character of the original residence, while ducted gas heating and ducted evaporative cooling provide year-round comfort for occupants.
However, it is the potential beyond the existing residence that makes this property particularly appealing.
The rear portion of the property has already been separately fenced, with endorsed plans prepared for a proposed two-lot subdivision. The plans indicate a front allotment of approximately 594m² containing the existing residence and a rear allotment of approximately 554m² with access from Canterbury Street. The subdivision is currently incomplete.
Further planning and design work has also been undertaken for the rear allotment, including detailed construction drawings for a proposed nine-bedroom Class 1B sharehouse. The proposed design incorporates nine bedrooms, individual ensuite facilities and shared kitchen, meals, living, laundry and outdoor areas.
The proposed rear development has the potential to generate high gross rental income per annum once completed and fully occupied. This figure achievable will be subject to final approvals, construction costs, rental conditions, occupancy levels and operating expenses.
Whether you continue to enjoy the immediate income from the existing 5-bedroom residence, complete the subdivision, develop the rear allotment or explore a future dual-income investment strategy, 5 Haslem Street offers a rare opportunity, with some preliminary groundwork already commenced while still providing significant scope for the new owner to complete and bring their vision to life.
Investors and developers are encouraged to review the available plans and conduct their own due diligence regarding the subdivision, proposed development, council advice & approvals and potential rental returns.

Property Details for 5 Haslem St, Kyabram

5 Haslem St, Kyabram is a 5 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 1149m2 and floor size of 139m2. The place is currently for sale with Walker Real Estate - Kyabram.

Building Type
House
Floor Size
139m2
Land Size
1149m2
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About Kyabram 3620

The size of Kyabram is approximately 144.8 square kilometres. There are 24 parks, covering nearly 1.5% of the total area. The population of Kyabram in 2016 was 7331 people. By 2021 the population was 7416 showing a population growth of 1.2% in the area during that time. The predominant age group in Kyabram is 60-69 years. Households in Kyabram are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Kyabram work in a labourer occupation.In 2021, 72.80% of the homes in Kyabram were owner-occupied compared with 70.70% in 2016.

Kyabram has 4,858 properties. Over the last 5 years, Houses in Kyabram have seen a 63.08% increase in median value, while Units have seen a 40.80% increase. As at 30 June 2026:

  • The median value for Houses in Kyabram is $491,649 while the median value for Units is $366,086.
  • Houses have a median rent of $460 while Units have a median rent of $365.
There are currently 54 properties listed for sale, and 7 properties listed for rent in Kyabram on OnTheHouse. According to Cotality's data, 210 properties were sold in the past 12 months in Kyabram.

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Steve Grima
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Justin Barnett
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Walker Real Estate - Kyabram
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