5 Grand Ridge East, Mirboo North, VIC 3871
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$375,000 - $395,000
5 Grand Ridge East, Mirboo North, VIC 3871
3
1
1
718m²
127m²
•
house - house: one storey / lowset
Property Description
Listed on 13 Apr 2026
Positioned in the heart of Mirboo North, this character-filled 1950s weatherboard home offers a fantastic opportunity to secure a well-located home with scope to further enhance over time. Set within easy walking distance to the township, it will appeal to first-home buyers, investors or those seeking a property with future potential. Representing an affordable entry into the Mirboo North market, this is a smart first step into home ownership or a well-considered addition to any investment portfolio.
Stepping inside, the home welcomes you with high ceilings, charming picture rails and a light-filled living area, where large corner windows invite an abundance of natural light. Carpet underfoot adds comfort, while a split system ensures year-round climate control. The layout flows through to a practical kitchen and dining space, complete with gas cooktop, dishwasher and ample overhead storage. Comfortable as is, the home also offers scope to update and add further value over time.
The home comprises three generous bedrooms, all serviced by a central bathroom featuring a shower, bath and single vanity, along with a hallway linen cupboard providing additional storage.
Set on a secure 718m² approx. allotment, the property offers a fully fenced backyard ideal for families, pets or those with a green thumb. A single garage provides secure parking and additional storage, while the generous land size presents future potential for further development or extension (STCA). The low-maintenance nature of the property further enhances its appeal for investors and those seeking a manageable home.
Recently achieving a rental return of $390 per week, the property also presents a strong investment opportunity in a tightly held market with consistent demand for well-located homes.
Mirboo North is renowned for its strong sense of community, scenic surrounds and relaxed lifestyle. With schools, shops, Baromi Park, the recreation reserve and the Grand Ridge Rail Trail all within walking distance, this location delivers both convenience and a true country-town feel.
*While every effort has been made to ensure the accuracy of the information contained herein, prospective purchasers are encouraged to review the Due Diligence Checklist provided by Consumer Affairs Victoria and to make their own enquiries regarding the property - consumer.vic.gov.au/duediligencechecklist
Property history
A breakdown of how regularly this property entered and exited the market for sale or lease.
$375,000 - $395,000
$255
$175,000
$122,000
$40,000
$34,500
Median house price trends
Comparing the price trend of houses in Mirboo North against the state of Victoria over the last 4 years. Source: CoreLogic
Comparable properties
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Market activity
A snapshot of how quickly properties are selling in the area and how many are currently available.
106 Days
House median days on market
N/A
Unit median days on market
33 Properties
Sold in last 12 months
13 Properties
Available in the last month
Mirboo North residents
Key characteristics of the residents in the area, view the full breakdown of the suburb here.
60+
Is the most common age range
Outright Owners
Most common occupant type
Couples
Most common household profile
Professionals
Most common occupation
Detached Houses
Most common property type
Nearby education
Schooling and educational options in the area, for all ages.
Mirboo North Primary School
K - Yr 6
Government
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Mirboo North
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South Gippsland
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Victoria
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Median House: $825,003
Median Unit: N/A
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Median Unit: $540,872
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Median House: $807,522
Median Unit: N/A
Median House: $877,701
Median Unit: N/A
Frequently asked questions
The property at 5 Grand Ridge East includes 3 bedrooms, 1 bathroom and parking for 1 car.
5 Grand Ridge East in Mirboo North has a land size of approximately 718 square metres and an internal floor area of around 127 square metres.
5 Grand Ridge East in Mirboo North, Victoria includes a range of local schools, shops, public transport options and community facilities that support day to day living.
As of 1/1/2025, the property at 5 Grand Ridge East is not available in our data at this time.