54 Park Road, Maryborough, VIC 3465 | House for sale | OnTheHouse
FOR SALE
$385,000 - $415,000

54 Park Road
Maryborough VIC 3465

Bedrooms: 4
Bathrooms: 1
Car spaces: 2
Land area: 700m2
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CHARACTER, POSITION & POTENTIAL IN CENTRAL MARYBOROUGH

Looking for your next renovation project with the opportunity to create something special?
Positioned on a prominent main road in the heart of Maryborough, this former corner milk bar with attached four-bedroom residence presents a rare opportunity for renovators, builders, investors and developers seeking a property with genuine upside.
Set on residentially zoned land and packed with original character, the property offers the foundations for a substantial restoration, renovation or redevelopment project (STCA). Opportunities to secure a property of this scale and position are becoming increasingly difficult to find within one of regional Victoria's most affordable and well-connected communities.
Conveniently located opposite Lake Victoria and nearby sporting facilities, the property is within walking distance of schools, the new Maryborough Hospital, shopping precincts, cafés, public transport and the town centre.
Inside, many original features remain, including Baltic pine floorboards, high ceilings, generous room proportions and the original milk bar shopfront complete with shelving and refrigeration units that reflect the property's history.
The residence offers four bedrooms, a large country-style kitchen with a wood stove and excellent storage, a formal dining room, bathroom facilities and multiple sheds and outbuildings positioned at the rear of the property.
Property Features
Residential zoning
Former milk bar with attached residence
Four-bedroom home
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Property Details for 54 Park Rd, Maryborough

54 Park Rd, Maryborough is a 4 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 700m2. The place is currently for sale with Real Estate Group.

Building Type
House
Land Size
700m2
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About Maryborough 3465

The size of Maryborough is approximately 48.0 square kilometres. There are 16 parks, covering nearly 40.0% of the total area. The population of Maryborough in 2016 was 7921 people. By 2021 the population was 8160 showing a population growth of 3.0% in the area during that time. The predominant age group in Maryborough is 70-79 years. Households in Maryborough are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Maryborough work in a labourer occupation.In 2021, 67.40% of the homes in Maryborough were owner-occupied compared with 66.60% in 2016.

Maryborough has 5,449 properties. Over the last 5 years, Houses in Maryborough have seen a 33.39% increase in median value, while Units have seen a 22.65% increase. As at 31 July 2026:

  • The median value for Houses in Maryborough is $415,766 while the median value for Units is $353,114.
  • Houses have a median rent of $400 while Units have a median rent of $330.
There are currently 89 properties listed for sale, and 6 properties listed for rent in Maryborough on OnTheHouse. According to Cotality's data, 290 properties were sold in the past 12 months in Maryborough.

Suburb Insights for Maryborough 3465

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Kate Ashton
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Real Estate Group
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.