1/960 Heidelberg-Kinglake Road, Hurstbridge, VIC 3099 | Property Value & History | OnTheHouse
 
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1/960 Heidelberg-Kinglake Road
Hurstbridge VIC 3099

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 166m2
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Last updated 15 Dec 2025
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Property Details for 1/960 Heidelberg-Kinglake Rd, Hurstbridge

1/960 Heidelberg-Kinglake Rd, Hurstbridge is a 1 bedroom, 1 bathroom House with 1 parking spaces and was built in 2014. The property has a land size of 166m2.

Building Type
House
Year Built
2014
Land Size
166m2
Local Government
Nillumbik
Lot/Plan
1/PS719662

Last Listing description (December 2025)

Step into a landmark of Hurstbridges rich past with this unique commercial offering at 1/960 Heidelberg-Kinglake Road. First opened in 1920 as The Ideal Store and later renamed The Mutual Store, this cherished property has long stood at the heart of the community from its days as a bustling general store to one of the first in the area to offer local deliveries via Model T Ford.

Centrally located in the vibrant Hurstbridge township, just moments from the train station, this high-exposure corner site enjoys excellent foot traffic and street presence. The building features two spacious, interconnected interiors, a kitchenette, powder room, full-width veranda, large display windows, and convenient off-street parking making it versatile for a variety of uses.

Currently leased on a fixed-term agreement, this is an ideal set-and-forget opportunity for savvy investors looking to secure a charming, low-maintenance asset with reliable returns. Rental income is $32,500 inc GST per annum for 2.5 years, with the option of one further term of 3 years.

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Property History for 1/960 Heidelberg-Kinglake Rd, Hurstbridge, VIC 3099

A timeline of how this property has performed in the market
  • 28 Oct 2025
    Listed for Sale Asking $650,000
  • 09 May 2025
    Listed for Sale ESR: $630,000 - $680,000
  • 31 Jul 2024
    Listed for Sale $650,000 - $715,000
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About Hurstbridge 3099

The size of Hurstbridge is approximately 14.6 square kilometres. It has 8 parks covering nearly 4.5% of total area. The population of Hurstbridge in 2016 was 3450 people. By 2021 the population was 3554 showing a population growth of 3.0% in the area during that time. The predominant age group in Hurstbridge is 40-49 years. Households in Hurstbridge are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Hurstbridge work in a professional occupation.In 2021, 88.20% of the homes in Hurstbridge were owner-occupied compared with 88.30% in 2016.

Hurstbridge has 1,544 properties. Over the last 5 years, Houses in Hurstbridge have seen a 33.30% increase in median value, while Units have seen a 19.03% increase. As at 30 November 2025:

  • The median value for Houses in Hurstbridge is $1,001,216 while the median value for Units is $685,285.
  • Houses have a median rent of $580 while Units have a median rent of $430.
There are currently 4 properties listed for sale, and no properties listed for rent in Hurstbridge on OnTheHouse. According to Cotality's data, 67 properties were sold in the past 12 months in Hurstbridge.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

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