FOR SALE
$1.55 - $1.65M

493 Myola East Road
Toolleen VIC 3551

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Land area: 155ac
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Prestigious Toolleen District, Central Victoria, 155 Ac / 63 Ha.

The Toolleen district has long been acclaimed as a highly sought after farming area, famous for its versatility for a variety of rural pursuits. Over the years, local farms have been used for wool growing, crossbred lambs, growing out merino wethers, livestock breeding, cereal and oil seed crops, olive plantations and vineyards.
The gently undulating terrain of the property provides excellent catchment and run-off to the dams. the property features self-mulching, well-draining Myola soils.
The home "Boogaja" has been honed from nature with care and skill. This mud brick beauty exudes soul and boasts stunning views towards Mt Camel Range. The magnificent home features a striking gable roof, beautiful dormer windows and welcoming verandahs. The awning blinds, the thermal mass of the construction, and the passive design cleverly assures maximum comfort and reduced running costs. Comprising five generous bedrooms, two bathrooms, a study and a spacious attic.
The house is generously proportioned, yet has been cleverly designed to be low maintenance. There is also a cost reducing solar system, a solar hot water system with electric booster, and reverse cycle air-conditioning. The Cheminees Philippe wood heater is a focal point of the open plan dining and living space.
Enviable infrastructure includes a 5 bay machinery shed with enclosed end garage, plus a 6 bay open machinery shed. Single garage / workshop, 2 stand shearing shed, lambing / calf shed, 2 hay sheds and sundry shedding, steel cattle yards and crush. 4 dams, plus an unmetered solar bore and water is piped to each paddock. Pressurised water for domestic use is provided via two 44,000L poly rainwater tanks, supported by a further two tanks of the same size linked to the house supply from the shedding.
The second dwelling was the original weatherboard home and could be restored to provide further living options and accommodation for visiting family and friends.
Only 90 minutes to Melbourne Airport, 20 minutes to boutique wineries and stores in Heathcote and 30 minutes to Bendigo's city conveniences. It is 15 minutes to water sports, fishing, and recreation at popular Lake Eppalock, and 50 minutes to the Murray River in Echuca.
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 493 Myola East Rd, Toolleen

493 Myola East Rd, Toolleen is a 5 bedroom, 2 bathroom AcreageSemi-rural with 2 parking spaces. The property has a land size of 155ac. The place is currently for sale with Elders Real Estate Bendigo.

Building Type
AcreageSemi-rural
Land Size
155ac

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About Toolleen 3551

The size of Toolleen is approximately 158 square kilometres. It has 2 parks covering nearly 13% of total area. The population of Toolleen in 2011 was 351 people. By 2016 the population was 165 showing a population decline of 53.0% in the area during that time. The predominant age group in Toolleen is 60-69 years. Households in Toolleen are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Toolleen work in a managers occupation. In 2011, 87% of the homes in Toolleen were owner-occupied compared with 90.8% in 2016..

Toolleen has 193 properties. Over the last 5 years, Houses in Toolleen have seen a 21.14% increase in median value. As at 31 October 2024:

  • The median value for Houses in Toolleen is $887,371 while the median value for Units is $460,374.
There are currently 3 properties listed for sale, and no properties listed for rent in Toolleen on OnTheHouse. According to CoreLogic's data, 2 properties were sold in the past 12 months in Toolleen.

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Patrick Skahill
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Elders Real Estate Bendigo
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