23 Murchison Street, Marysville, VIC 3779 | Property Value & History | OnTheHouse
OFF MARKET

23 Murchison Street
Marysville VIC 3779

Bedrooms: -
Bathrooms: -
Car spaces: -
We do not have enough data to display the calculated estimate for this property.
Save

Property Details for 23 Murchison St, Marysville

Building Type
Land
Year Built
2011
Local Government
Murrindindi
Lot/Plan
12A/PS401066

Last Listing description (March 2025)

Invest in the future of Marysville-where nature, business, and lifestyle come together!

Seize this rare chance to invest in an exceptional mixed-use development in the heart of Marysville-a growing tourist hotspot and residential hub. Presented by Biggin Scott North, this prime real estate offers a blend of commercial potential, modern residential living, and future development flexibility, making it an ideal investment for developers, entrepreneurs, and homeowners alike.

Development Overview :
Approved plans and permits.

6-Lot Subdivision, includes 3 retail shops on the ground floor, with 2 spacious modern residences above, perfect for mixed-use opportunities.
Potential for a 2-level townhouse, allowing for further residential or holiday accommodation.
Vacant lot available for future development, adding even more investment flexibility.

Key Features:
Prime Commercial Location
Positioned on Murchison Street, one of Marysville's busiest areas, this development offers excellent visibility and foot traffic, ideal for retail, hospitality, or boutique businesses. Surrounded by key attractions like Fraga's Cafe and Marysville Country Bakery, it is perfectly placed to capture both local and tourist visitors.
Luxury Residential Living
The residences above the commercial spaces feature contemporary design, with stunning views of Marysville's lush surroundings, offering a perfect mix of tranquility and convenience.
Multiple Revenue Streams
From leasing retail spaces to renting out high-quality residential units, this development presents a versatile opportunity for investors looking to maximize returns.

Surrounding Amenities:
Tourism & Recreation
Located in a beloved tourist destination, the property is near popular attractions like Lake Mountain Alpine Resort and Wilderness Fly Fishing. With year-round outdoor activities such as hiking, skiing, and fishing, Marysville draws a steady influx of visitors. Lilydale is just a few minutes' drive.
Local Conveniences
Just steps away from community hubs like Marysville Primary School, Marysville Tavern, and Vic Oak Picnic Area, this development is ideally positioned for easy access to dining, entertainment, and local services.
Thriving Business Environment
With growing infrastructure and increasing popularity as a tourist and residential destination, Marysville is on the rise, and property values are expected to appreciate significantly.

Why Invest in 23 Murchison Street?
Tourist Hub: Marysville is a year-round attraction, ensuring steady demand for retail and accommodation spaces.
Community Growth: As Marysville's popularity continues to climb, investing in this development offers the potential for long-term value appreciation.
Modern Design with Future Potential: This development combines sleek, contemporary architecture with the flexibility to expand, making it an ideal investment in a growing market.

With multiple revenue streams from retail leases, residential rentals, and short-term holiday accommodations, this property offers a high return on investment. Its prime location in a tourism-heavy area ensures steady foot traffic and demand, while the growing local population adds to the long-term value proposition.

Don't miss out on this unique opportunity to secure a premium development in one of Victoria's most scenic and up-and-coming areas.

Contact us today for more details or to schedule a site visit.

Simran Khatrha 0431 178 435
Mandeep Gaudia 0448 399 244

Please see the below link for an up-to-date copy of the Due Diligence Check List:
http://www.consumer.vic.gov.au/duediligencechecklist

DISCLAIMER: All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent

Property History for 23 Murchison St, Marysville, VIC 3779

A timeline of how this property has performed in the market
Last Sold
$480,000
26 Jul 2023
  • 25 Oct 2024
    Listed for Sale Asking Price $530,000 to $550,000
  • 16 Jun 2022
    Listed for Sale Price on Application
  • 27 Oct 2021
    Listed for Sale $450,000-$495,000 (plus GST if applicable)
Sign in to see more transactions
Commute Calculator

About Marysville 3779

The size of Marysville is approximately 196.3 square kilometres. There are 9 parks, covering nearly 77.6% of the total area. The population of Marysville in 2016 was 394 people. By 2021 the population was 501 showing a population growth of 27.2% in the area during that time. The predominant age group in Marysville is 70-79 years. Households in Marysville are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Marysville work in a managers occupation.In 2021, 74.60% of the homes in Marysville were owner-occupied compared with 78.30% in 2016.

Marysville has 692 properties. Over the last 5 years, Houses in Marysville have seen a 17.99% increase in median value, while Units have seen a 9.09% increase. As at 31 July 2026:

  • The median value for Houses in Marysville is $657,390 while the median value for Units is $328,164.
  • Houses have a median rent of $365.
There are currently 12 properties listed for sale, and no properties listed for rent in Marysville on OnTheHouse. According to Cotality's data, 33 properties were sold in the past 12 months in Marysville.

Suburb Insights for Marysville 3779

Market Insights
Marysville Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Marysville Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.