316 Russell Street, Buninyong, Vic 3357

bedrooms 2
bathrooms 1
parkingSpaces 1
|House
$500,000 - $550,000
$500,000 - $550,000
Published on: 11 Sep 2026
Last updated on: 20 Oct 2026
316 Russell Street, Buninyong, Vic 3357
316 Russell Street, Buninyong, Vic 3357
316 Russell Street, Buninyong, Vic 3357
+18
316 Russell Street, Buninyong, Vic 3357
  • 18
  • 1
Property ID: 152306512
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"Position & Potential"

316 Russell Street, Buninyong, Vic 3357
Set on a generous approximately 893sqm block with the added convenience of dual access from both Russell and Elizabeth Streets, this brick veneer home presents a genuine opportunity for buyers looking for a project with real potential. The land size also favours potential dual development subject to council approval.

Behind the covered front verandah, the home unfolds into a light-filled living room, with a seperate doorways opening out to the wraparound patio and established gardens beyond. A separate dining area and adjoining kitchen with breakfast nook form the heart of the home, retaining original cabinetry, gas cooktop and freestanding oven, ready for a future refresh.

Two well-proportioned bedrooms are serviced by a single bathroom featuring a full-length bathtub, seperate shower and vanity, along with a functional laundry positioned conveniently between the kitchen and bedroom areas. Character details throughout, including timber skirting boards, ornate cornices and ceiling fans, hint at the home's easy-care bones beneath the finishes.

Outside, a single carport and additional storage shed sit alongside a sprawling, low-maintenance lawn, offering plenty of room to garden, extend or simply enjoy the space this elevated Buninyong block provides.

The options here are plentiful.  Restore this home to its former mid century glory, renovate and extend for a growing family, modernise and rent out or knock it down and build your dream forever home complete with shed with it's own access (STA) or subdivide the block into 2 or 3 (STA) and resell to the popular downsizer market.

Key Features 
* Generous 893sqm block (approx) with dual street access from both Russell and Elizabeth Streets, offering potential for dual occupancy or development (STCAl)
* Light-filled living room with separate doorway opening to a wraparound patio and established gardens
* Original kitchen and dining area with breakfast nook, retaining character cabinetry, gas cooktop and freestanding oven
* Two well-proportioned bedrooms serviced by a single bathroom with full-length bathtub, separate shower and vanity, plus a conveniently positioned laundry
* Period character details throughout, including timber skirting boards, ornate cornices and ceiling fans
* Single carport, storage shed and sprawling low-maintenance lawn, with multiple future options - renovate, extend, rent, rebuild or subdivide (STA)

Property Details

Basic Info

Property Type
House
Listing Status
On Market
Parking Spaces
1
Land Size
893.00 m2
Rooms
2 bedroom(s), 1 bathroom(s)
Address
316 Russell Street, Buninyong, Vic 3357

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Floorplan

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Stu Brien
Stu Brien
Leanne Madigan
Leanne Madigan
44 Armstrong St Sth, Ballarat Central, Vic 3350
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Stu Brien
Stu Brien
Leanne Madigan
Leanne Madigan
44 Armstrong St Sth, Ballarat Central, Vic 3350
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      Property ID: 152306512

      Original Property ID: 152306512
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