FOR SALE
$1,990,000

251 Goodwins Lane
Milawa VIC 3678

Bedrooms: 3
Bathrooms: 2
Car spaces: 3
Land area: 61ac
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'RIVERSVALE' A Timeless Retreat: The Allure of Victorian Living Meets Modern Comfort

In a picturesque setting that evokes the charm of a bygone era, a beautifully renovated Victorian residence from the 1890s awaits those seeking both character and contemporary convenience. This stunning home is a testament to thoughtful restoration, blending period features with modern building practices and appliances.
Upon entering, you’re greeted by soaring high ceilings, intricate pressed tin detailing, and original fireplaces that tell stories of the past. These timeless elements create an inviting atmosphere, perfect for family gatherings or quiet evenings spent enjoying the home’s rich history. The kitchen features a well thought out design with granite bench tops and spotted gum flooring. Comfort is ensured with split system reverse cycle heating and cooling, ceiling fans and double-glazed windows throughout the living area. Further features include open plan living, 3 large bedrooms with separate master and a spacious wine cellar below the kitchen. The laundry includes an additional shower and toilet.
The property is ideally located in the heart of the King Valley food and wine region and backs onto the Ovens River, giving access to unlimited camping, fishing and other associated activities.
Rich river flat loam soils making this a highly productive property with options of growing good pastures, fodder crops, lucerne or other horticultural pursuits. Water security is paramount, and this property comes with reliable water from the ovens river and has had previous history of irrigation. A 52-meg high security water license can be obtained separate to the property sale for those wanting to pursue irrigation options.
The lush gardens surrounding the home are a botanical delight and showcase a stunning array of European trees including a striking Manchurian pear hedge and flaming maples creating a picturesque and inviting environment. An established kitchen garden brims with fruit trees, perfect for those who appreciate homegrown produce.
A further property feature is a second 3-bedroom cottage with office, which adds further appeal making it an ideal space for visiting friends, extended family, or even short-term rentals. With a successful track record as ‘Milawa Boutique Accommodation’ on Airbnb, this space presents an excellent opportunity for income generation.
Nestled in a vibrant community, you’ll find local gems just minutes away. Enjoy your morning brew at Milawa Bread, only four minutes from your doorstep, or indulge in award-winning wineries and gourmet dining options in the nearby King Valley and Beechworth. For outdoor enthusiasts, snowfields and scenic trails for hiking and biking are easily accessible, making this location a year-round playground
Families will appreciate the proximity to local education options, with a state primary school nearby and a convenient school bus service providing access to private primary and secondary institutions in Wangaratta.
This Victorian residence is more than just a home; it’s a lifestyle steeped in charm and opportunity. Whether you’re drawn by the historical elegance, the expansive grounds, or the vibrant local community, this property invites you to experience the best of both worlds. Discover your new haven where past and present harmoniously coexist.

Property Details for 251 Goodwins Lane, Milawa

Building Type
Rural
Land Size
61ac

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About Milawa 3678

The size of Milawa is approximately 67 square kilometres. The population of Milawa in 2011 was 591 people. By 2016 the population was 587 showing a population decline of 0.7% in the area during that time. The predominant age group in Milawa is 50-59 years. Households in Milawa are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Milawa work in a managers occupation. In 2011, 84.1% of the homes in Milawa were owner-occupied compared with 84.4% in 2016..

Milawa has 310 properties. Over the last 5 years, Houses in Milawa have seen a 59.37% increase in median value. As at 30 November 2024:

  • The median value for Houses in Milawa is $662,645 while the median value for Units is $356,504.
  • Houses have a median rent of $320.
There are currently 2 properties listed for sale, and 1 property listed for rent in Milawa on OnTheHouse. According to CoreLogic's data, 10 properties were sold in the past 12 months in Milawa.

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Dave Colvin
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Michael Everard
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Elders Rural Services Australia
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.