5126 Midland HighwayDry Diggings VIC 3461
Property Details for 5126 Midland Hwy, Dry Diggings
5126 Midland Hwy, Dry Diggings is a 5 bedroom, 4 bathroom House with 4 parking spaces. The property has a land size of 5853m2. While the property is not currently for sale or for rent, it was last sold in July 2022.
Last Listing description (July 2022)
Magnificent Frog Hollow Estate is a grand family retreat or the ultimate boutique accommodation destination only minutes from Daylesford. Set on approx. 5853sq/m of native gardens and with park-like surrounds, this deluxe oasis is surrounded by birdsong and native animals. Currently operating as boutique accommodation, the property attracts tourists searching for quality and serenity.
Emulating serenity on the edge of the state forest, with verdant scenes and a unique character-filled charm, 'Frog Hollow Estate" is a stunning property with three purpose-built dwellings and absolute privacy over 5,853sqm (approx).
Constructed in a combination of Castlemaine stone, century-old red gum and mudbrick, the main residence presents a unique environment to relax and entertain, incorporating the original miner's cottage within its sprawling 3-bedroom, 2.5 bath layout. Equipped with Ned Kelly wood fire heaters, gas heating and evaporative air conditioning, the main residence presents comfortable living for families or weekenders, with zoned bedrooms, central living spaces and spectacular ceilings with skylights that beautifully frame the leafy aspects.
The two additional dwellings have many uses, including holiday accommodation, functions, and retreats, complemented by the property's General Liquor Licence for 100 patrons making it an ideal location for a brewery or picturesque wedding venue.
With a borrowed landscape creating a spectacular sense of space and privacy, and over 1.5 acres of established trees and landscaped gardens of majestic gum trees, ancient apple trees and a spiritual circle of stones, this is an idyllic property to lay down your roots. A wonderful opportunity, whether for a business opportunity, family compound or both, the property is complete with a dam, water storage in three connected tanks totalling approximately 59,000 litres, and a mineral spring water-bore for the garden.
Perfect for a large or extended family, or owner-operators seeking a picturesque rural setting for their quality focused business; with potential to host wellness and gourmet retreats, weddings and tourism events (subject to council approval). Currently operating as short stay accommodation the property is surrounded by walking and cycling tracks including the famous Goldfields Track. Nearby attractions include Mount Franklin and the Chocolate Mill. The restaurants, galleries, mineral springs and boutique shops of Daylesford and Hepburn Springs are only minutes away.
Property History for 5126 Midland Hwy, Dry Diggings, VIC 3461
- 19 Jul 2022Sold for $1,600,000
- 29 Apr 2022Listed for Sale Contact Agent
- 27 Mar 2017Listed for Sale $1,450,000
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About Dry Diggings 3461
The size of Dry Diggings is approximately 8.1 square kilometres. It has 2 parks covering nearly 34.6% of total area. The population of Dry Diggings in 2011 was 325 people. By 2016 the population was 19 showing a population decline of 94.2% in the area during that time. The predominant age group in Dry Diggings is 50-59 years. Households in Dry Diggings are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Dry Diggings work in a managers occupation. In 2011, 85.8% of the homes in Dry Diggings were owner-occupied compared with 90.9% in 2016..
Dry Diggings has 35 properties. Over the last 5 years, Units in Dry Diggings have seen a 6.88% increase in median value. As at 31 October 2024:
- The median value for Houses in Dry Diggings is $1,019,862 while the median value for Units is $809,256.
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