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Back 56 High Street
Off Market

56 High Street

Kyneton VIC 3444

2
2
3
430 m²
House
Last sold for $995,000
Lizzy BloomfieldLizzy Bloomfield, last sold this property on 27 May 2026 after 159 days on market.

Overview

Dual Income in the Heart of Kyneton | Up to 6.25% gross yield

INSPECT BY PRIOR APPOINTMENT Right in the heart of Kyneton, this is one of those rare opportunities that just makes sense. 2 income streams, 2 street frontages and a combination that's incredibly hard to find - a long-standing essential service tenant at the front and a brand new, high quality home tucked privately behind. Returning approximately $62,400 per annum, the property offers a strong 6.25% gross yield, underpinned by secure income and exceptionally low vacancy risk - a standout for a regional mixed-use holding of this calibre. Front | Secure Commercial Tenancy The High Street shopfront is leased to an established dry cleaning operator on a 7 x 7 x 7 lease, returning $600 per week. With no local competition, a loyal customer base and specialist equipment in place, this is a dependable, low risk income stream in a high-visibility position (Freehold ONLY - business NOT included). Rear | Brand New 2 Bed, 2 Bath Home Privately positioned via Welsh Street, the newly completed residence is designed for easy living and strong rental appeal. Built by Expandable Homes, it features a sleek flat-roof profile, engineered timber floors, double glazing and a 7 star energy rating. Inside, the layout is simple and well resolved - open plan living, a stone kitchen with integrated laundry, 2 well sized bedrooms with built in robes and 2 beautifully finished bathrooms with stepless showers. Ceiling fans and split system heating and cooling. Estimated rental return of $600 per week, with broad appeal to quality long term tenants or owner occupiers wanting a low maintenance, central base. With Commercial 1 zoning, dual frontages to High Street and Welsh Street, off street parking for the business and a dedicated rear car space, the flexibility here is a real advantage. It will suit investors, SMSFs, live work buyers or anyone looking for stable, diversified income in a tightly held town centre. Kyneton continues to show strong rental demand and consistent growth. Opportunities that combine secure commercial income with a brand new residence - and deliver this level of return - are few and far between. Request an private inspection if you're in the area over easter!

Features

2 bedrooms
2 bathrooms
3 carspaces
3 open car spaces
430 m² lot size
House

Estimated Value

Based on this property and similar 2 bedroom houses sold in Kyneton over the last 12 months, the estimated median property value of 56 High Street is $877.5k.

Median value
$877.5k
Estimated value range
$490k - $2.3m
Median days on market
75
Estimated value trend
44%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Kyneton. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 56 High Street

2026
Sold
$995,000
Private Sale/Treaty on 27 May 2026 by Lizzy Bloomfield, of PRD Kyneton

Happy sellers in Kyneton

<50%
Less than 50% of sellers in Kyneton reported that their sale price either exceeded or met their price expectations.

Kyneton stands out as a desirable suburb for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 8 reviews in Kyneton over the last 12 months.

Local market activity for 2 bedroom houses in Kyneton

In the last 12 months, 13 two-bedroom houses similar to 56 High Street, have been sold.

This represents a 40% decrease in two-bedroom houses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Kyneton

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Nathanial Briggs

Sellers who recommend Nathanial Briggs have praised them for being clear communication, local expert, friendly, honest, hard-working, responsive and dedicated

  •   4.9   (64 reviews)
  •  5 Reviews in Kyneton
  •  11 Sales in Kyneton
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Tamara Mactier

Sellers who recommend Tamara Mactier have praised them for being clear communication, local expert, well-prepared, friendly and supportive

  •   4.9   (37 reviews)
  •  3 Reviews in Kyneton
  •  12 Sales in Kyneton
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Jason Woodford-Smith

Jason Woodford-Smith is a recommended agent for Kyneton.  They have 18 local sales and collected 1 local review across the last 12 months.

  •   5   (2 reviews)
  •  1 Review in Kyneton
  •  18 Sales in Kyneton
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Rachel Potter

Rachel Potter is a recommended agent for Kyneton.  They have 23 local sales across the last 12 months.

  •  23 Sales in Kyneton
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