51 Dempsey StreetWycheproof VIC 3527
Property Details for 51 Dempsey St, Wycheproof
Last Listing description (April 2026)
Ideally positioned within walking distance to the main street, this professionally renovated property offers outstanding flexibility for investors, retirees or owner-occupiers seeking additional income.
The main residence is an updated two-bedroom vinyl-clad home featuring a renovated kitchen with polished floorboards and butlers pantry, and a comfortable lounge with reverse cycle heating and cooling air conditioning and an electric fan-forced fireplace heater. The main bedroom includes a mirrored built-in robe, while the home is serviced by a new, fully renovated bathroom with shower, vanity and toilet. The home has ducted evaporative cooling, quality blinds and fixtures, good floor coverings, rear porch and front verandah. There is also a single garage/workshop.
At the rear of the property, with its own separate access and fencing, sits a new, custom-designed tiny home on a transportable galvanised frame. Fully self-contained, plumbed and wired with own meter, it includes a kitchen, bedroom, bathroom and toilet, and is furnished with a bed, TV, fridge, reverse cycle air conditioning and hot water service. Enjoy the sunsets from the timber decked patio. There is also a galvanised iron storage shed and laundry. This home is rent ready or ideal for a relative.
Investment details -
Main home rental appraisal: $350 per week
Tiny home rental appraisal: $250 per week
Combined potential income: $600 per week ($31,200 per annum)
Approx. 6% return
Low maintenance investment with easy-care yards
Set in a welcoming community with excellent amenities including shopping, a well-regarded P-12 school, hospital, chemist, hotels, motel, butcher, IGA and hardware store - all within walking distance or easy reach. A quality asset with multiple income streams and lifestyle appeal - move in, rent out, or both.
Property History for 51 Dempsey St, Wycheproof, VIC 3527
- 13 Apr 2026Listed for Sale $495,000 - $520,000
- 05 Nov 2025Listed for Sale $490,000
- 13 Jun 2023Sold for $140,000
Similar properties For Sale nearby
See more properties for sale nearby
0
0
0About Wycheproof 3527
The size of Wycheproof is approximately 220.0 square kilometres. It has 1 park covering nearly 0.1% of total area. The population of Wycheproof in 2016 was 635 people. By 2021 the population was 610 showing a population decline of 3.9% in the area during that time. The predominant age group in Wycheproof is 60-69 years. Households in Wycheproof are primarily childless couples and are likely to be repaying $300 - $449 per month on mortgage repayments. In general, people in Wycheproof work in a managers occupation.In 2021, 78.50% of the homes in Wycheproof were owner-occupied compared with 78.70% in 2016.
Wycheproof has 520 properties. Over the last 5 years, Houses in Wycheproof have seen a 41.97% increase in median value. As at 30 April 2026:
- The median value for Houses in Wycheproof is $206,966 while the median value for Units is $323,473.
Suburb Insights for Wycheproof 3527
Market Insights
Wycheproof Trends for Houses
N/A
N/A
View TrendN/A
N/A
Wycheproof Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
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.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
