8/21-23 Maxwell StreetKyneton VIC 3444
Property Details for 8/21-23 Maxwell St, Kyneton
8/21-23 Maxwell St, Kyneton is a 9 bedroom, 8 bathroom Unit with 16 parking spaces and was built in 1988. The property has a land size of 1700m2.
Last Listing description (December 2025)
A rare and highly sought after investment opportunity in the very heart of Kyneton, this exceptional property presents a secure income stream with impressive future potential.
Comprising 8 units in total (1 two bedroom and 7 one bedroom) together with 8 carparks, the complex currently returns approximately $80,000 per annum, with clear scope to increase this to well over $100,000 per annum through strategic upgrades or rental adjustments.
Seven of the eight units are already leased, underpinned by long term tenancies and reliable, quality occupants who value the convenience of this unbeatable and convenient location.
Set on a substantial allotment of approximately 1,700 square metres, the property sits moments from the town centre, hospital, schools and Kyneton railway station, making it an ideal choice for tenants seeking easy access to Melbourne, Bendigo and the wider Macedon Ranges.
Blocks of units in the core of Kyneton are exceptionally rare, and opportunities of this caliber are tightly held. Whether you are looking to secure a strong performing investment, explore renovation potential or consider future redevelopment (STCA), this is an offering that promises good returns both now and into the future.
Property History for 8/21-23 Maxwell St, Kyneton, VIC 3444
- 04 Dec 2025Listed for Sale $1,800,000 - $2,000,000
- 20 Mar 2023Listed for Rent - Price not available
- 20 Aug 2021Listed for Rent - Price not available
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About Kyneton 3444
The size of Kyneton is approximately 97.9 square kilometres. It has 13 parks covering nearly 1.6% of total area. The population of Kyneton in 2016 was 6951 people. By 2021 the population was 7513 showing a population growth of 8.1% in the area during that time. The predominant age group in Kyneton is 40-49 years. Households in Kyneton are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kyneton work in a professional occupation.In 2021, 76.40% of the homes in Kyneton were owner-occupied compared with 74.80% in 2016.
Kyneton has 4,890 properties. Over the last 5 years, Houses in Kyneton have seen a 24.39% increase in median value, while Units have seen a 28.05% increase. As at 31 December 2025:
- The median value for Houses in Kyneton is $867,426 while the median value for Units is $554,184.
- Houses have a median rent of $600 while Units have a median rent of $480.
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