SoldSep 19, 2025

22 Ritchie Street, Ouyen, VIC, 3490

$197,000

3
1

House

30+ days on the market

Sold: Sep 19, 2025

What's around 22 Ritchie Street

How does a 9%-10% return sound?!

Recently updated three bedroom home in the rural Mallee township of Ouyen. Numerous renovations have been undertaken at the property over the past months. Loungeroom with combustion wood heating & split system heating/cooling plus ducted evaporative cooling. New kitchen with freestanding electric cooktop/oven and the property has been freshly painted internally. New loose-lay vinyl flooring in the living areas, while the bedrooms retain the original carpet. Central bathroom and internal laundry, which leads onto the deck, plus paved alfresco area. Garage/shed with concrete floor, lights and power plus additional wood shed. Large established tree at the rear of the yard will provide ample shade in the warmer months. With a current rental appraisal of $340 - $360 per week, this represents an expected 9%-10% return. Situated on a rectangular 682m2 allotment. The kids can walk to P-12 school and sporting facilities, while the stunning Ouyen Lake is nearby. This is great buying; whether you are looking at getting into your own home or securing your first investment property!

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