15 Griffin Avenue, Mansfield, VIC 3722 | House for sale | OnTheHouse
 
FOR SALE
$1,850,000 - $2,025,000

15 Griffin Avenue
Mansfield VIC 3722

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
Land area: 5ac
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Approved 17 Lot Subdivision & Lifestyle Holding - Mansfield, Victoria

This unique offering presents two compelling opportunities in one! A permit approved 17 lot residential subdivision AND the chance to secure a beautifully built home on substantial land in the heart of Mansfield, offering an enviable lifestyle while future plans are brought to life.
Positioned within walking distance of Mansfield's schools, cafés, shops and everyday amenities, the existing residence is solidly constructed and well maintained, set amongst established gardens that create privacy, space and a genuine sense of home. With quality shedding already in place, the property lends itself perfectly to a self sustainable lifestyle, with room for a few farm animals, vegetable gardens and outdoor living - all without sacrificing the convenience of town living.
From a development perspective, the planning permit is approved, the Native Vegetation Offset has already been secured, and the project is de-risked from a statutory standpoint. A purchaser can comfortably live on site or lease the home to generate income while final designs, engineering and civil works are progressed.
Located in Mansfield, a thriving High Country township renowned for excellent schools, a vibrant and increasingly trendy main street, proximity to Mt Buller's ski fields, Lake Eildon and some of Victoria's best outdoor recreation, this property offers long term lifestyle appeal, future financial security, and strong underlying demand.
Key highlights include:
• Approved 17 lot residential subdivision
• Native vegetation offset already satisfied
• Well built existing home with established gardens
• Large land holding in a central, walk to town location
• Income potential through leasing the existing residence
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Property Details for 15 Griffin Ave, Mansfield

15 Griffin Ave, Mansfield is a 4 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 5ac. The place is currently for sale with Team Canavan Ray White Mansfield.

Building Type
House
Land Size
5ac
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About Mansfield 3722

The size of Mansfield is approximately 269.8 square kilometres. There are 7 parks, covering nearly 0.4% of the total area. The population of Mansfield in 2016 was 4787 people. By 2021 the population was 5541 showing a population growth of 15.8% in the area during that time. The predominant age group in Mansfield is 60-69 years. Households in Mansfield are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mansfield work in a trades occupation.In 2021, 74.10% of the homes in Mansfield were owner-occupied compared with 69.60% in 2016.

Mansfield has 4,486 properties. Over the last 5 years, Houses in Mansfield have seen a 25.63% increase in median value, while Units have seen a 24.82% increase. As at 31 July 2026:

  • The median value for Houses in Mansfield is $797,045 while the median value for Units is $493,156.
  • Houses have a median rent of $600 while Units have a median rent of $515.
There are currently 77 properties listed for sale, and 1 property listed for rent in Mansfield on OnTheHouse. According to Cotality's data, 174 properties were sold in the past 12 months in Mansfield.

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Natalie Moggach
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Toni Maynes
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Team Canavan Ray White Mansfield
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