2-4 Rinford StreetMaryborough VIC 3465
Property Details for 2-4 Rinford St, Maryborough
2-4 Rinford St, Maryborough is a 4 bedroom, 4 bathroom Unit with 4 parking spaces and was built in 1960. The property has a land size of 934m2 and floor size of 178m2.
Last Listing description (April 2026)
Positioned in a quiet and well-regarded location, this block of four one-bedroom units presents a compelling opportunity for investors seeking reliable income and long-term potential. Set on a generous allotment of approximately 934m, the property offers four self-contained units, each with its own practical layout and comfortable living space.
Each unit features a combined kitchen, living and dining area, gas cooking, split system heating and cooling, a bathroom with shower, separate WC and laundry facilities. A single carport is allocated to each residence, along with access to a shared yard area, providing convenient off-street parking and outdoor space for tenants.
While the units offer modest and functional accommodation, the property has demonstrated strong rental demand with historically low vacancy, making it a dependable addition to an investment portfolio.
Current Rental Income
Unit 1: $230 per week
Unit 2: $185 per week
Unit 3: $230 per week
Unit 4: $220 per week, increasing to $230 per week from 5 June 2026
This provides a current combined rental return of $865 per week (approx. $44,980 per annum), increasing to $875 per week (approx. $45,500 per annum) once the scheduled rent increase takes effect.
With a price guide of $550,000 $600,000, the property represents an attractive gross rental yield of approximately 7.5% 8.3%, offering solid cash flow potential for investors.
Please contact us for further information or to arrange an inspection.
Please note the units may contain asbestos.
Property History for 2-4 Rinford St, Maryborough, VIC 3465
- 13 Mar 2026Listed for Sale $550,000 - $600,000
Recent sales nearby
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0About Maryborough 3465
The size of Maryborough is approximately 48.0 square kilometres. There are 16 parks, covering nearly 40.0% of the total area. The population of Maryborough in 2016 was 7921 people. By 2021 the population was 8160 showing a population growth of 3.0% in the area during that time. The predominant age group in Maryborough is 70-79 years. Households in Maryborough are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Maryborough work in a labourer occupation.In 2021, 67.40% of the homes in Maryborough were owner-occupied compared with 66.60% in 2016.
Maryborough has 5,440 properties. Over the last 5 years, Houses in Maryborough have seen a 34.20% increase in median value, while Units have seen a 25.96% increase. As at 31 May 2026:
- The median value for Houses in Maryborough is $403,689 while the median value for Units is $344,699.
- Houses have a median rent of $400 while Units have a median rent of $320.
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