5 Russell StreetMacarthur VIC 3286
Property Details for 5 Russell St, Macarthur
5 Russell St, Macarthur is a 9 bedroom, 9 bathroom Unit with 1 parking spaces and was built in 2001. The property has a land size of 3314m2.
Last Listing description (November 2025)
A rare opportunity for astute investors, Macarthur Park Country Cottages presents a secure, income-producing asset in Victoria's rapidly growing South West region. This established complex comprises nine self-contained units on an elevated allotment with outlooks toward the Eumarella River, offering both immediate cashflow and long-term growth potential.
Currently operating as a proven accommodation venture, the property provides reliable, consistent income with clear scope to further enhance returns through permanent leasing, rental optimisation, or increased short-stay and tourist-focused offerings.
The complex includes two one-bedroom apartments and seven studio units, each fitted with reverse-cycle heating and cooling and fully equipped kitchens with recently upgraded stoves and ovens. A shared coin-operated laundry, complete with two commercial washers and two commercial dryers, adds further convenience and revenue opportunity.
Investors will appreciate the genuine walk-inwalk-out nature of this sale. The offering includes all furniture, appliances, televisions, linen, cutlery, crockery, household supplies and a ride-on mower, enabling seamless continuity of operations from day one.
Macarthur's appeal continues to strengthen, drawing visitors year-round with its proximity to major natural attractions. Local amenities such as a nine-hole golf course, bowls club and community pool further enhance tenant and guest demand.
Positioned approximately 30 minutes from Hamilton, 35 minutes from Port Fairy and 55 minutes from Warrnambool, Macarthur offers an ideal base for both short-term tourism and long-term accommodation needs.
Macarthur Park Country Cottages represents a rare opportunity to secure a high-performing investment with strong upside in a region known for both its economic stability and tourism growth.
Inspections are strongly encouraged and available strictly by appointment with the selling agent.
Property History for 5 Russell St, Macarthur, VIC 3286
- 21 Nov 2025Listed for Sale $895,000
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About Macarthur 3286
The size of Macarthur is approximately 298.9 square kilometres. It has 1 park covering nearly 9.0% of total area. The population of Macarthur in 2016 was 522 people. By 2021 the population was 469 showing a population decline of 10.2% in the area during that time. The predominant age group in Macarthur is 60-69 years. Households in Macarthur are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Macarthur work in a managers occupation.In 2021, 83.60% of the homes in Macarthur were owner-occupied compared with 81.40% in 2016.
Macarthur has 395 properties. Over the last 5 years, Houses in Macarthur have seen a 62.99% increase in median value, while Units have seen a 404.78% increase. As at 30 November 2025:
- The median value for Houses in Macarthur is $417,592 while the median value for Units is $709,684.
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