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131 Sutcliff Street, Sea Lake VIC 3533

$160,000

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$160k - $168k Transparent Transparent Listing Based on an openly advertised listing price.

House 4 Beds 1 Bath 7 Cars 2328 m²

Listed: 7 hours ago

Overview

This property represents a valuable opportunity for renovators, investors, or buyers with a vision looking to rejuvenate a home on a substantial 2,328sqm block. The existing dwelling, featuring four bedrooms and a single bathroom, serves as a canvas for those eager to undertake a renovation project to create a comfortable country retreat or add significant value through improvement.

The considerable land size is one of the standout attributes, providing extensive outdoor space suitable for a variety of uses, including family activities, gardening, or adding outbuildings (subject to council approval). The presence of both a single carport and a separate garage offers ample undercover parking and storage solutions—an appealing feature for families or hobbyists with recreational vehicles or equipment.

Environmental benefits are augmented by the installed solar panel system which offers potential reductions in electricity costs—a practical consideration for cost-conscious buyers or long-term investors.

Currently tenanted with an option for continuation, the property may appeal to investors seeking rental income with the possibility of future repositioning. Its location within the township of Sea Lake adds to its appeal, offering proximity to local shops, a medical center, and a well-regarded P–12 school, blending peace of rural lifestyle with convenient access to essential services.

Sea Lake itself is a charming rural community, popular with visitors for its proximity to the remarkable Lake Tyrrell and notable local attractions such as the Sea Lake Silo Art, making this property not only a renovation project but also a lifestyle choice in a caring town.

The home’s condition, requiring comprehensive renovation, suggests it is best suited for buyers willing to invest time and effort, either as a primary residence or an investment with future upside.

Local Market Insights

In Sea Lake, Quiet Listings observed 3 new houses entering the market over the last 30 days, with an average advertised asking price of $256,000. The property type mix of listed properties is predominantly Houses at 60%, followed by land (20%), and home for sales (20%). The most active agency for houses in the Sea Lake area is currently Ray White, representing 67% of new listings, followed by Peter Funcke Real Estate with 33%. 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.