118 Malcolm St, Mansfield is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 1985. The property has a land size of 1031m2 and floor size of 140m2. While the property is not currently for sale or for rent, it was last sold in July 2022.
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With a bit of imagination and elbow grease you could create an amazing family home in what is a fabulous location in the heart of this booming regional town. The block is huge (1031m2 ) so you could potentially subdivide and build some units or keep it all to yourself and maybe drop in a pool to enjoy with your family and friends. Please note we have added some virtual furniture to the photos to help demonstrate the size of the rooms.
The current floorplan includes three bedrooms with built in robes including a master with an en-suite bathroom. As well as the main living room, there is a huge rumpus room which could be used as a fourth bedroom. It would be an ideal teenage hangout.
There's also a separate kitchen and dining area that opens onto a covered alfresco area and then you are out into that huge backyard, complete with a decent shed/garage.
With the current high demand and very short supply of rental accommodation this property could also make a great investment property.
With a bit of work completed we estimate an income potential of $450 - $470 per week is achievable, very handy if you want an income while you work on your subdivision plans.
The size of Mansfield is approximately 269.8 square kilometres. It has 7 parks covering nearly 0.4% of total area. The population of Mansfield in 2016 was 4787 people. By 2021 the population was 5541 showing a population growth of 15.8% in the area during that time. The predominant age group in Mansfield is 60-69 years. Households in Mansfield are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mansfield work in a trades occupation.In 2021, 74.10% of the homes in Mansfield were owner-occupied compared with 69.60% in 2016.
Mansfield has 4,484 properties. Over the last 5 years, Houses in Mansfield have seen a 49.88% increase in median value, while Units have seen a 82.37% increase. As at 30 November 2025:
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