18 Mckenzie Street, Broadford, VIC 3658 | Property Value & History | OnTheHouse
OFF MARKET

18 Mckenzie Street
Broadford VIC 3658

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 181m2
Land area: 1238m2
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Property Details for 18 Mckenzie St, Broadford

18 Mckenzie St, Broadford is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 1238m2 and floor size of 181m2. While the property is not currently for sale or for rent, it was last sold in June 2022.

Building Type
House
Year Built
1960
Floor Size
181m2
Land Size
1238m2
Local Government
Mitchell
Lot/Plan
26~40/PP5113

Last Listing description (March 2025)

Unlock the potential of this prime 1,229m2 parcel, presenting a golden opportunity for savvy developers. Boasting a current planning permit, this property is set to accommodate two additional 3-bedroom, 2-bathroom, 2-car garage, modern single-storey townhouses, enhancing the site's value.
The existing three-bedroom home has recently undergone renovations, featuring a modern kitchen with pantry and stainless steel appliances. The timber-look flooring throughout ensures low maintenance, while high ceilings add a touch of charm. Each bedroom is equipped with built-in robes and individual split systems, ensuring year-round comfort. The huge laundry with ample bench space, modern bathroom with an additional toilet, and a separate lounge with a reverse cycle split system contribute to the home's appeal.

This property is not only a family haven now, with a large level backyard and spacious rooms, but it also holds immense potential for future capitalization. Currently tenanted on a month-to-month basis, it generates approximately $23,400 per year (or $450 per week). This dual-yield scenario offers the best of both worlds – a reliable income stream with the existing tenant and the exciting prospect of increased yield upon construction of the new townhouses.
Seize this rare opportunity to capitalize on the current planning permit, whether you choose to develop and increase your rental income or explore the option of selling off the townhouses individually for maximum returns. Contact us today to arrange a viewing and embark on a promising investment journey! For any enquiries or to arrange an inspection, please call Gavin Henderson on 0408 359 764.

Property History for 18 Mckenzie St, Broadford, VIC 3658

A timeline of how this property has performed in the market
Last Sold
$480,500
12 Jun 2022
Listed for Rent
$450/w
02 Nov 2022
  • 21 Jun 2024
    Listed for Sale $620,000 - $649,000
  • 13 Nov 2023
    Listed for Sale $680,000 - $700,000
  • 01 Nov 2022
    Listed for Rent $450 / week
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About Broadford 3658

The size of Broadford is approximately 105.8 square kilometres. It has 15 parks covering nearly 1.9% of total area. The population of Broadford in 2016 was 4319 people. By 2021 the population was 4592 showing a population growth of 6.3% in the area during that time. The predominant age group in Broadford is 50-59 years. Households in Broadford are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Broadford work in a trades occupation.In 2021, 78.40% of the homes in Broadford were owner-occupied compared with 75.50% in 2016.

Broadford has 2,824 properties. Over the last 5 years, Houses in Broadford have seen a 28.39% increase in median value, while Units have seen a 42.72% increase. As at 30 November 2025:

  • The median value for Houses in Broadford is $632,915 while the median value for Units is $401,603.
  • Houses have a median rent of $480 while Units have a median rent of $405.
There are currently 23 properties listed for sale, and 2 properties listed for rent in Broadford on OnTheHouse. According to Cotality's data, 127 properties were sold in the past 12 months in Broadford.

Suburb Insights for Broadford 3658

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Cotality Copyright and Legal Disclaimers about Property Data
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.