Warracknabeal: This three-bedroom home in a historic rural town could be yours for just $119,000. It’s not a rubbish offer but there is a catch

A three-bedroom house in a Victorian-era town has hit the market at a bargain price after the previous tenants left the property in squalor.

A successful buyer of the property at 11 Molyneaux St in Warracknabeal, 340km north-west of Melbourne in Victoria's wheat belt, will have to deal with a large amount of rubbish strewn throughout the house.

Images of the building show trash in almost every room and a particularly large pile in the front yard.

The discarded items include mattresses, furniture, clothing, kitchen utensils, liquor bottles and even old license plates.

Although the home will need some TLC to bring it back to its 'former glory', a buyer can enjoy a historic country town experience for just $119,000.

A property in the historic Victorian town of Warracknabeal is selling for just $119,000 due to the mountains of rubbish lying inside and outside the house (pictured)

Tenants living in the house were asked to leave the property shortly after the owner's death and 'couldn't be bothered to throw out the rubbish'.

“It looks like it was thrown out the window… They took what they wanted and left the rest,” NorthWest Real Estate and the property's agent, John Hadley, told the Herald Sun.

In addition to the pile of waste, the building's electricity has also been turned off, gas must come from a bottle and roof trusses and wiring are visible in some rooms.

“We have not had any quotes for repairs and the property is not in a rentable condition,” the listing for the property reads.

“A significant amount of money would have to be spent on it.”

However, the property does have a number of positives to build around, including a fireplace in the living room, a solar energy system and a 'fairly new heat pump hot water system'.

The rubbish was left behind by the house's previous tenants, who were told to leave after the death of the property's owner (pictured)

While a successful buyer will need to clean and renovate the house, the $119,000 price tag is less than half the going rate for a three-bedroom home in the historic city.

Mr Hadley estimates the house was built sometime in the 1920s and was owned by the Victorian Railways due to its proximity to the Patchewollock railway line.

According to the property's listing, the house, whose front overlooks the railroad, is “ideal for train spotters.”

The home's ownership history shows that it last sold in April 2003 for $25,000 and as of 2010 was rented for just $145 per week.

It had previously sold for $16,000 in February 1997 and for just $7,650 in January 1984.

While a potential buyer will have to pay to have it cleaned and renovated, the $119,000 price tag is less than half the going rate in Warracknabeal.

The cost of a three-bedroom home in the historic city has risen 13.6 percent in the past year, reaching a record high of $237,500 in November.