FOR SALE
$700,000 - $750,000

Lot 2/2500 Harmony Way
Elphinstone VIC 3448

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 20ac
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25 ACRE LIFESTYLE ALLOTMENT WITH PLANNING PERMIT

Situated just 60 minutes from Melbourne's fringe with excellent access to the Calder Freeway, this very picturesque allotment boasts lovely distant views stretching to Mount Macedon in the South and Mount Alexander to the North.
The gently undulating landscape offers a wonderful elevated new home site with a picture perfect rural outlook that must be seen in person to be really appreciated. A planning permit has been granted by the Mount Alexander Shire Council for the construction of a dwelling. Power is also readily available across the road and privacy is assured with tree lined boundaries.
The land is well fenced and is divided into 2 main paddocks with the added benefit of high chainmesh fencing on 2 sides. The soil is very productive, grows good hay, and the current owner has fertilised the property on a regular basis. The land is also very clean and free of stones, making it especially suitable for horses, however it is also suitable for all other forms of livestock including cattle and sheep. A scenic catchment dam sits at the bottom of the property and provides a year round water supply for livestock.
The location of the property is very handy, only 3 minutes from the township of Elphinstone, 15 minutes from Castlemaine, 18 minutes from Kyneton and 30 minutes to the major regional city of Bendigo. Also, as the property is literally just off the Calder Freeway, commuting to the city couldn't be easier.
Call today to arrange an inspection of this wonderful parcel of land - Wayne Heard
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Property Details for Lot 2/2500 Harmony Way, Elphinstone

Building Type
Land
Land Size
20ac

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About Elphinstone 3448

The size of Elphinstone is approximately 84 square kilometres. It has 2 parks covering nearly 5.8% of total area. The population of Elphinstone in 2011 was 669 people. By 2016 the population was 551 showing a population decline of 17.6% in the area during that time. The predominant age group in Elphinstone is 50-59 years. Households in Elphinstone are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Elphinstone work in a professional occupation. In 2011, 91.2% of the homes in Elphinstone were owner-occupied compared with 86.9% in 2016.

Elphinstone has 447 properties. Over the last 5 years, Houses in Elphinstone have seen a 73.38% increase in median value, while Units have seen a 32.14% increase. As at 30 November 2024:

  • The median value for Houses in Elphinstone is $780,925 while the median value for Units is $622,585.
There are currently 3 properties listed for sale, and no properties listed for rent in Elphinstone on OnTheHouse. According to CoreLogic's data, 15 properties were sold in the past 12 months in Elphinstone.

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Wayne Heard
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Elders Real Estate Bendigo
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