FOR SALE
$3,100,000 - $3,300,000

434 Buttercup Road
Merrijig VIC 3723

Bedrooms: 5
Bathrooms: 3
Car spaces: 3
Land area: 8.65ha
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Exclusive 21 acre property with spectacular views and passive income

Set in a coveted ‘dress circle’ location on the iconic Buttercup Road, this stunning 21-acre property offers an incredible combination of breathtaking views, luxury living, and investment opportunity. The beautifully renovated family home features panoramic views of Mt Buller, Mt Stirling, and Timbertop – including from the solar heated pool!
The Home:
This modern masterpiece underwent a major renovation and extension in 2018, including the addition of a lavish new master suite. Enjoy the luxury of waking up each morning to awe-inspiring views of Mt Buller right from your bed! The master suite also includes a deluxe ensuite and walk-in-robe.
On the opposite end of the home, the original master bedroom offers its own ensuite, with two additional generously sized bedrooms and a spacious office or potential fifth bedroom in the ‘West Wing’.
The heart of the home is the stunning kitchen (complete with a large walk-through butler’s pantry), flowing seamlessly into a spacious living area. The light-filled space features a magnificent stone fireplace and soaring cathedral ceilings, featuring unique heavy timber beams. There’s also a separate rumpus room, complete with a built-in bar, and an expansive, all-weather alfresco area perfect for outdoor entertaining – with those unbeatable Buller views front and centre!
Cottages:
The property also features two self-contained, two-bedroom cottages, each with one bathroom and an open-plan kitchen and living area. Set away from the main house for privacy, the cottages are currently leased and generating almost $50,000 per year. With short-term renting potential, this income could be significantly higher. Alternatively, these spaces could be used for family or friends, offering excellent flexibility for future use.
The Land:
Outside, the property includes three well-fenced paddocks, including one with a spring-fed dam, ideal for livestock or horses. Water is abundant with a bore and multiple rainwater tanks servicing both the main house and cottages.
The property offers the rare opportunity to enjoy a luxury lifestyle while generating a solid income. With plenty of additional features and inclusions available upon request, this is a must-see for discerning buyers.
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Property Details for 434 Buttercup Rd, Merrijig

434 Buttercup Rd, Merrijig is a 5 bedroom, 3 bathroom AcreageSemi-rural with 3 parking spaces. The property has a land size of 8.65ha. The place is currently for sale with District Property Group.

Building Type
AcreageSemi-rural
Land Size
8.65ha

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About Merrijig 3723

The size of Merrijig is approximately 157.3 square kilometres. It has 1 park covering nearly 46% of total area. The population of Merrijig in 2011 was 705 people. By 2016 the population was 539 showing a population decline of 23.5% in the area during that time. The predominant age group in Merrijig is 10-19 years. Households in Merrijig are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Merrijig work in a professional occupation. In 2011, 67.6% of the homes in Merrijig were owner-occupied compared with 73.4% in 2016.

Merrijig has 542 properties. Over the last 5 years, Houses in Merrijig have seen a 90.52% increase in median value, while Units have seen a 106.66% increase. As at 31 October 2024:

  • The median value for Houses in Merrijig is $905,746 while the median value for Units is $623,658.
  • Houses have a median rent of $500.
There are currently 18 properties listed for sale, and 1 property listed for rent in Merrijig on OnTheHouse. According to CoreLogic's data, 4 properties were sold in the past 12 months in Merrijig.

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Jenny Gould
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Allana Storer
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District Property Group
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