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9 Knight Street, Maffra VIC 3860

$330,000

Search Band

$330k - $347k Transparent Based on an openly advertised listing price.

House 2 beds 1 bath 3 cars 690 m²

Listed: yesterday

Overview

This affordable property at 9 Knight Street, Maffra offers an excellent entry point into the local real estate market, making it an appealing choice for budget-conscious buyers and investors alike. The home features two bedrooms with the adaptable potential to convert into three, allowing future residents to tailor the space to their needs.

Functionality is enhanced with a separate lounge area providing a cozy setting for relaxation or entertaining guests, whilst the combined kitchen and dining area promotes a practical and social environment. The single garage supports convenient secure parking, complemented by additional undercover areas and sundry shedding, offering valuable extra storage or workspace options.

Currently yielding a steady rental income from a long-term tenant, this property suits investors seeking reliable returns. The well-sized 690 square meter block presents outdoor space suitable for gardening, recreation, or possible enhancement, adding to the property's overall versatility.

Overall, this home combines affordability, flexibility, and income potential in a location anchored by Gippsland's community spirit, making it a solid foundation for various buyers, whether entering the property market, downsizing, or expanding investment portfolios.

Local Market Insights

In Maffra, Quiet Listings observed 13 new houses entering the market over the last 30 days, up from 6 during the previous 30-day period, with an average advertised asking price of $602,615. The property type mix of listed properties is predominantly Houses at 76%, followed by land (18%), and commercial properties (6%). Gippsland Real Estate Pty. Ltd. was the most active agency in this area, representing 53.8% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.