54 Main St, Cudgewa is a 3 bedroom, 1 bathroom House. The property has a land size of 636m2. While the property is not currently for sale or for rent, it was last sold in June 2001.
This weatherboard home presents an excellent opportunity for investors, first-home buyers, or owner-occupiers looking for an affordable property with genuine potential. Requiring some work and improvements, the home offers the chance to add value, enhance its appeal, and create something tailored to your vision.
Featuring three bedrooms, one bathroom, an open-plan kitchen, meals, and living area, plus a single carport, the property provides a practical foundation with plenty of scope for renovation and improvement.
Currently leased at $300 per week until September, the property offers immediate rental income while allowing flexibility for the future, including the option to move in once the tenancy concludes. For those willing to roll up their sleeves, this is an opportunity to secure a solid regional property and unlock its future potential.
Property Features:
Three bedrooms and one bathroom
Open-plan kitchen, meals, and living area
Single carport
Currently leased at $300 per week until September
Reliable tenants already in place
Strong rental return potential
Scope for renovation and further improvements
Opportunity to add value and personalise over time
Whether you're looking to expand your investment portfolio, enter the property market, or take on a project with future upside, this property offers affordability, flexibility, and the opportunity to create value through improvement.
The size of Cudgewa is approximately 239.0 square kilometres. There are 3 parks, covering nearly 36.6% of the total area. The population of Cudgewa in 2016 was 261 people. By 2021 the population was 254 showing a population decline of 2.7% in the area during that time. The predominant age group in Cudgewa is 50-59 years. Households in Cudgewa are primarily childless couples and are likely to be repaying $450 - $599 per month on mortgage repayments. In general, people in Cudgewa work in a managers occupation.In 2021, 87.50% of the homes in Cudgewa were owner-occupied compared with 80.80% in 2016.
Cudgewa has 187 properties. Over the last 5 years, Houses in Cudgewa have seen a 63.35% increase in median value. As at 31 July 2026:
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