15-17 Ultimo Street, Mansfield, VIC 3722 | Property Value & History | OnTheHouse
OFF MARKET

15-17 Ultimo Street
Mansfield VIC 3722

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
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Last updated 25 May 2026
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Property Details for 15-17 Ultimo St, Mansfield

15-17 Ultimo St, Mansfield is a 4 bedroom, 2 bathroom House with 2 parking spaces.

Building Type
House
Local Government
Mansfield
Lot/Plan
20/LP24044

Last Listing description (February 2026)

A Rare In-Town Holding - 3 Titles, 4,449m & Endless Possibilities!

Discover an extraordinary opportunity in the heart of Mansfield. Sitting proudly on a vast 4,449m (approx.) block, this much-loved family home is offered for the first time in decades - presenting exceptional potential for developers, investors or families dreaming of space right in town.Already divided into three separate titles - (with four separate lots, three with frontage to Adams Street), this property provides ultimate flexibility for immediate subdivision, land banking or a thoughtful redevelopment (STCA).The original residence exudes timeless character with hardwood floors, beautiful vintage chandeliers, wide hallways and multiple light-filled living spaces. The spacious country kitchen, traditional lounge and dining room, and four bedrooms offer plenty of room for a growing family or an inspired renovator to reimagine the home while preserving its nostalgic charm.Outside, mature gardens and established trees frame the large grounds. Theres also a shed with adjoining storage, plenty of off-street parking and room to expand, add more shedding, or create beautiful outdoor spaces.Youll love the unbeatable location:* Walk to Mansfields vibrant shops, cafes and schools* Steps to the Recreation Reserve, tennis courts, golf club and swimming pool* All town services connected* Surrounded by quality homes and central amenitiesWhether you restore this local gem, develop multiple dwellings, or secure this parcel as a strategic long-term investment properties of this scale and flexibility within Mansfields township are incredibly scarce.Key Features:- Massive 4,449m block (approx.) in town- 3 separate titles, 3 with Adams Street frontage- All town services available for connection- Original weatherboard home with charming period details- Spacious lounge, dining, country kitchen & 4 bedrooms- Large shed/workshop plus plenty of parking- Short stroll to shops, cafes, schools & recreation facilities- Outstanding potential to renovate, subdivide or redevelop (STCA)Inspect and be inspired - opportunities like this come around once in a generation! Contact the sales team to organise your private inspection.

Property History for 15-17 Ultimo St, Mansfield, VIC 3722

A timeline of how this property has performed in the market
  • 04 Feb 2026
    Listed for Sale $1,500,000 - $1,650,000
  • 24 Jun 2025
    Listed for Sale $1,700,000 - $1,850,000
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About Mansfield 3722

The size of Mansfield is approximately 269.8 square kilometres. There are 7 parks, covering nearly 0.4% of the 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 4,473 properties. Over the last 5 years, Houses in Mansfield have seen a 41.87% increase in median value, while Units have seen a 39.76% increase. As at 30 April 2026:

  • The median value for Houses in Mansfield is $845,794 while the median value for Units is $556,555.
  • Houses have a median rent of $600 while Units have a median rent of $478.
There are currently 82 properties listed for sale, and 4 properties listed for rent in Mansfield on OnTheHouse. According to Cotality's data, 174 properties were sold in the past 12 months in Mansfield.

Suburb Insights for Mansfield 3722

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Cotality Copyright and Legal Disclaimers about Property Data
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.