Back 85 Reed St
Off Market

85 Reed St

Orbost VIC 3888

3
1
2
0 m²
809 m²
House
Last sold for $299,000
Richard IveyRichard Ivey, last sold this property on 20 October 2025 after 382 days on market.

Overview

Charming Three Bedroom with Good Shedding

Situated close to the Orbost Hospital is this charming three-bedroom home on an easy to manage corner block. Stepping up to the home, you are greeted by a front porch that overlooks the low maintenance front garden. This is a great place to sit and relax, watch the world go by and admire the views across Orbost to the rolling hills of Newmerella. To the front of the home is a large family room featuring a huge front window, inbuilt slow combustion wood heater and an air conditioner. A light and bright kitchen and dining area to the rear of the home has excellent storage and views over the small side garden and vacant blocks opposite. To the end of the hall are three generous sized bedrooms, two with built in robes, a family bathroom and a separate toilet. Stepping out the rear door there's a small laundry and an undercover entertaining area, perfect for a barbeque with friends during the warmer months. Everybody needs a shed right? Well, this beauty has four in total. There are two fully enclosed garages accessible off Tyndall street complete with concrete floors and power connected. There is a third enclosed storage shed and an open front potting shed/fernery to the eastern side of the block. Additional gated off-street parking for a boat, caravan or trailer is also available at the rear of the block. A grid connected solar system will help keep those power bills low whilst the flooring of the home is mostly hardwood under carpet and vinyl, providing an excellent base to renovate this character filled home in the future. The home may be ideal for the first home buyer to get a foot on the property ladder and would be an excellent investment to retain when ready to move to a larger home, especially considering its rental potential being so close to the Hospital and P-12 Community College. For the savvy investor looking for an above average return, an approximate market rent of $400 per week would provide a gross return in excess of 6.6%. Orbost is welcoming community located on the Snowy River and is only a short drive to the coastal town of Marlo, where the Snowy meets the sea. Marlo is famous for its fishing, its boating activities and coastal walks. The Orbost CBD is around fifteen minutes' walk to grab a coffee from one of the many cafes in town. There are supermarkets, banks and a variety of retail shops and businesses. Lakes Entrance is around forty-five minutes' drive for the major supermarkets of Woolworths and Aldi and the Gippsland Lakes. Please view our Virtual Tour online and call Richard Ivey on 0401 113 310 seven days a week to schedule a private inspection. Inspections available seven days a week by appointment.

Features

3 bedrooms
1 bathroom
2 carspaces
2 garage spaces
0 m² floor area
809 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Orbost over the last 12 months, the estimated median property value of 85 Reed St is $365k.

Median value
$365k
Estimated value range
$250k - $670k
Median days on market
139
Estimated value trend
1%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Orbost. 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 85 Reed St

2025
Sold
$299,000
20 Oct 2025 by Richard Ivey, of Coast to Country Real Estate Pty Ltd
2018
Sold
Undisclosed
Private Sale/Treaty on 26 Nov 2018 by Anna Curren, of Orbost Real Estate
2018
Sold
$175,000
Private Sale/Treaty on 26 Nov 2018 by Thomas Brown, of King & Heath First National Lakes Entrance

Happy sellers in Orbost

90%
90% of sellers in Orbost reported that their sale price either exceeded or met their price expectations.

Orbost stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Orbost over the last 12 months.

Local market activity for 3 bedroom houses in Orbost

In the last 12 months, 34 three-bedroom houses similar to 85 Reed St, have been sold.

This represents a 25% decrease in three-bedroom houses sales when compared to the previous 12 months.

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