23 Channel Road
Merbein, 3505 VIC
1960 house on a 813 m² block with 23m frontage.
Property Snapshot
1960House3 Bed2 Bath2 Off Street813 m² Land121 m² Internal23m Frontage
Investment Highlights
What makes 23 Channel Road compelling from a buying and value-add perspective.
Market Status
Off Market
Land Size
813 m²
Frontage
23m
Zoning
GRZ1
Residential - Medium Density
Why Buyers Look At This One
Rare add-value profile — 1960 house on a 813 m² block and a 23m frontage.
Renovate upside — modest 121 m² internal area creates a clear renovation, extension or reconfiguration opportunity.
Walkable transport position — approx. 1.4km to bus, 19km to train station and 510m to schools.
Neighbourhood quality — strong owner occupier setting with low-turnover character housing nearby.
Property Snapshot
Core facts, planning controls and ownership history.
Bedrooms
3
Bathrooms
2
Parking
2 off-street
Internal Area
121 m²
Ownership & Value
Last Sold$516k
Sold DateMar 2026
Land Value—
RPD1\PS645236
Planning & Site
Property TypeResidential
AccessSingle Access
Height Limit—
Max Storeys—
Wide FrontageResidential
Pricing & Valuation
Guide, estimate and broader pricing context.
Market Status
Off Market
3 Bed Median
$419k
Growth Since 2026
—
Price Estimate
—Low
$516k
—High
VeryHigh Confidence
—
Since last sold — $516,020 — March 2026
Suburb 3 bed house median price over time
Rental Market
Yield, rental pricing and local leasing landscape.
Median Rent
$475
3 Bed Yield
5.9%
Vacancy
2.1%
Rentals Last 12M
2
Suburb 3 bed house median rent over time
Planning & Risk Overlays
Important due diligence considerations for this property.
Flood Overlay Detected
No flooding known in this area
Other Overlays
Bushfire: No bushfire known in this area. Heritage: No heritage known in this area. Biodiversity: No biodiversity known in this area.
Location & Connectivity
Access to transport, schools and local amenity around 23 Channel Road.
Train Station
19km
Bus Stop
1.4km
Schools
510m
Road Type
residential
Transport: Easy access to nearby train station and frequent bus routes.
Lifestyle: Walking distance to local shops, parks and nearby dining precincts.
Positioning: Quiet residential street with strong owner occupier presence and limited turnover.
Neighbourhood Profile
Proximity to amenities and local context impacting livability.
Social Housing
3.2%Train Station
19kmBus Stop
1.4kmCentre Zone
1.4kmRoad Type
residential (Low Noise)School Catchment
510mMerbein Snapshot
Broader suburb metrics that support the local story.
Population
2,770
Owner Occupiers
73%
Social Housing
3.2%
Crime Index
—
Not available
High Owner Occupier AppealLow Stock on Market
Explore Merbein in more detail
Deep dive into growth, demand, demographics and comparable sales.
View Suburb Profile
