Fire sale: Manicured quarter-acre block hits the market for ultra-cheap price – just BYO house

1 week ago 21

A fire completely gutted a house in Melbourne’s western fringe, leaving just the concrete slab – yet the block otherwise looks mostly intact and unaffected.The sloped block of land with valley views at 8 Fairway Crescent in Bacchus Marsh is on the market for between $199,000 and $218,900, dubbed as a literal ‘fire sale’.The sizeable 1,163sqm block in the rapidly-evolving rural town northwest of Melbourne features manicured gardens and compacted gravel paths - all it needs is a house.Complete with views out to Wombat State Forest and Lerderderg River Reserve. Picture: realestate.com.auSelling agent, Nathan Micallef of First National Rayner Bacchus Marsh, described this as a rare opportunity."It's outstanding value... the bonus with this one is that site costs are done, and the landscaping is there," he told realestate.com.au.Looking to comparable intact properties of at least 1,000sqm, asking prices are comfortably north of $700,000, some even upwards of $1.2 million.While construction costs are rising, and vary considerably, ABS data from 2025 shows the average cost of a new build in Victoria is $433,431, meaning buyers could come out ahead.The slab is apparently big enough to supp...

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