28 Parwan RoadMaddingley VIC 3340
Property Details for 28 Parwan Rd, Maddingley
28 Parwan Rd, Maddingley is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1960. The property has a land size of 710m2 and floor size of 101m2. While the property is not currently for sale or for rent, it was last sold in January 2023.
Last Listing description (February 2023)
Bordering Bacchus Marsh in the family friendly address of Maddingley, this original Railway House has received a thoughtful makeover and will tick all your boxes. Set on just over 700sqm of land, the home offers a perfect start for first home owners with plenty of space for future extension, development or subdivision (STCA), or a savvy investment with a healthy estimated rental yield and strong rental demand. Commuting is a piece of cake; a short stroll will place you at Bacchus Marsh Train Station and a comfortable V-Line journey to CBD Melbourne.
Having just gone through a refresh, the home has been re-wired, re-plumbed and re-plastered, incorporating new wall & ceiling insulation, double glazed windows and low maintenance new cladding.
Entry into the open plan kitchen/dining/living with new floating floors and generous natural light.
Three bedrooms offer extensive accommodation with fresh paint, new carpet and centrally serviced by a renovated bathroom with floor to ceiling tiles, walk in shower and freestanding bath.
Separate laundry provides access to the expansive north-facing backyard with undercover alfresco, separate garage/workshop and standalone bungalow with power for your home office, additional bedroom or studio.
Further additions include ducted gas central heating & electric cooling and plenty of privacy with new boundary fencing.
A short stroll will place you in Grant Street with access to the town centre of Bacchus Marsh, and a short drive to the beautiful Avenue of Honour and famous market gardens.
For the investors, our team estimate that this property should achieve between $370 - $380pw in the current rental market.
Property History for 28 Parwan Rd, Maddingley, VIC 3340
- 10 Jan 2023Sold for $530,000
- 01 Dec 2022Listed for Sale $515,000 - $550,000
- 01 Mar 2014Listed for Rent $260 / week
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0About Maddingley 3340
The size of Maddingley is approximately 25.4 square kilometres. It has 18 parks covering nearly 3.8% of total area. The population of Maddingley in 2016 was 3453 people. By 2021 the population was 5491 showing a population growth of 59.0% in the area during that time. The predominant age group in Maddingley is 30-39 years. Households in Maddingley are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Maddingley work in a professional occupation.In 2021, 73.50% of the homes in Maddingley were owner-occupied compared with 68.50% in 2016.
Maddingley has 3,431 properties. Over the last 5 years, Houses in Maddingley have seen a 20.47% increase in median value, while Units have seen a 28.50% increase. As at 28 February 2026:
- The median value for Houses in Maddingley is $673,861 while the median value for Units is $493,959.
- Houses have a median rent of $520 while Units have a median rent of $470.
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