FOR SALE
$800,000 - $880,000

Archbolds Road
Redesdale VIC 3444

Bedrooms: -
Bathrooms: -
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Land area: 111ac
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Private Retreat Along the Coliban River – 111 Acres

This elevated property is comprised of two titles and provides an inspiring opportunity to bring to fruition your vision of the perfect country escape, be it for a permanent lifestyle change or a peaceful holiday retreat.
Take your pick of exceptional possible home sites either taking in the horizon views to Mount Alexander, overlooking the wide open countryside or nearby the meandering banks of the Coliban River (STCA – Zoned Farming). Upon completion of construction and landscaping your new estate will be the envy of your social circle and, with Melbourne Airport just over 1 hour away, commuting to and from the city for work or pleasure will be an easy feat for yourselves and guests.
Located along Archbolds Road near the corner of Wedge Gully Road, the 111 acre/45 hectare property has copious coverage of phalaris and other improved pasture with excellent carrying capacity. Two paddocks.
The property is mainly cleared, but with some scattered shade trees and some treed gullies. Stock is watered via the catchment dam, there is a permanent spring and, adding further lifestyle dimension, the Coliban River forms around 1.5km of boundary frontage.
The gentrified township of Kyneton is a scenic 30 minute drive, with Bendigo only 40 minutes away. Lake Eppalock can be reached within 5-10 minutes, and Redesdale with its popular hotel is only 7 minutes from the property.
This is truly a unique opportunity to secure a sizeable property that is not only productive and picturesque but located in the highly sought after rural belt surrounding our capital city.
A copy of the Due Diligence checklist can be found at https://www.consumer.vic.gov.au/duediligencechecklist
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Property Details for Archbolds Rd, Redesdale

Building Type
Rural
Land Size
111ac

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About Redesdale 3444

The size of Redesdale is approximately 119.7 square kilometres. The population of Redesdale in 2011 was 272 people. By 2016 the population was 220 showing a population decline of 19.1% in the area during that time. The predominant age group in Redesdale is 60-69 years. Households in Redesdale are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Redesdale work in a trades occupation. In 2011, 83.5% of the homes in Redesdale were owner-occupied compared with 82% in 2016..

Redesdale has 290 properties. Over the last 5 years, Houses in Redesdale have seen a 37.16% increase in median value, while Units have seen a -11.02% decrease. As at 30 September 2024:

  • The median value for Houses in Redesdale is $1,093,584 while the median value for Units is $426,040.
There are currently 4 properties listed for sale, and no properties listed for rent in Redesdale on OnTheHouse. According to CoreLogic's data, 8 properties were sold in the past 12 months in Redesdale.

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Martin Skahill
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Elders Real Estate Bendigo
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