Four regional renovators' delights that stand out from the crowd

This former Commonwealth Bank branch sits proudly on the main street of Rainbow, in Victoria's North West (68 kilometres north of Warracknabeal).

Downstairs you'll find a safe room, office, kitchen and toilets while upstairs there are two bedrooms and a lounge room with open fireplace.

The bank vacated the building in April this year after decades of occupation. Potential future uses could include holiday accommodation or a family home, according to listing agent Rebecca Peterson of Elders Horsham.

The property needs a "fair amount of work" before it could be occupied again, with the upstairs section not having been occupied for a number of decades.

But this hadn't put off a number of different buyers who had already made enquiries on the property, including those who intend to convert it into an Airbnb or offices.

"[Under the current zoning] it can be a house or a business - it doesn't have to be one way or the other," Ms Peterson said.

"You have that potential for it to be whatever you want it to be it."

Ms Peterson was unable to confirm the property's age but records indicate that it dates back to at least the early 1920s.

The property is currently for sale via expressions of interest, closing July 21, with a listed price guide of $145,000 - $159,500.

Originally The Fire Brigade Hotel and later used in various retail pursuits, this 1800s building in Clunes - the heritage goldfields village located 30 minutes north of Ballarat - is in search of a new owner willing to get busy on the tools.

Although the property was originally built with a residence upstairs, listing agent John Stevenson of Ballarat Real Estate said that future uses would likely be "strictly commercial".

The space would be ideal or a retailer or café operator, or even an art gallery.

Mr Stephenson said that he'd witnessed a recent uptick in demand from Melburnians looking to establish a retail presence in Victoria's regional villages.

"It goes with the residential movements - people were moving right through COVID last year and we've been flat out busy this year. I think commercial is catching up right now," he said.

On the market for the first time in 80 years, the Black Snake Inn in Granton, Tasmania (a suburb of Hobart) comes with with a whole lot of history to tell.

Believed to date back to around 1833, the long unlicensed inn could be transformed into a family home or tourist operation according to listing agent John Soundy of Fall Real Estate.

"We'd had enormous interest, with people wanting to restore it into a home, people wanting to turn it into a distillery," Mr Soundry said.

Any plans to alter the Gothic-style building and develop the surrounding land would be subject to council and heritage approval, with the property listed as being significant for its association with one of the first ferry crossings in the area.

"It needs substantial renovation, there's no argument about that," Mr Soundry said.

The property was acquired by the current owner, who has been using it as a family home, off-market more than 60 years ago and the last time it was publicly listed was more than 80 years ago.

In addition to the inn there's a three-bedroom brick built home and a disused stables.

Mr Soundry advised that new buyers needed to be aware that sections of the property may be subject to acquisition by the Tasmanian government as part of nearby bridgeworks and that for this reason he was unable to provide a price guide.

He said that he was currently in talks with government representatives to determine the nature of any acquisition.

It's on the market via an expressions of interest campaign with no current closing date.

Erected in 1924, the former Commercial Bank in Barmedman, NSW (halfway between the Riverina towns of West Wyalong and Temora) occupies a prime corner site.

The property has already been transformed into a two-storey residence but could use some further renovation to restore it to its former glory.

"It still has the safe and other items that represent that it was a bank," listing agent Danielle Smith of Miller & James said.

The large downstairs space lends itself to use as a restaurant or function centre, subject to council approval, while the three-bedroom upstairs section could be used as a family home or B&B.

It's on the market with a price tag of $320,000.