OFF MARKET

526 Elaine-Egerton Road
Elaine VIC 3334

Bedrooms: 3
Bathrooms: 2
Car spaces: 10
Land area: 477994m2
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Property Details for 526 Elaine-Egerton Rd, Elaine

Building Type
Land
Land Size
477994m2
Local Government
Moorabool
Lot/Plan
85A/PP2206

Last Listing description (April 2023)

PRIVATE INSPECTIONS ONLY. To book an inspection, contact Josh Coull on 0438 492 531.

On approximately 125 acres with 4 potential income streams, this is a productive hobby farm or lifestyle property near Elaine. Currently, with agistment, hay sales, hosting trail rides and equestrian sports the property is well suited to horse enthusiasts, and equally could be used for livestock or cropping.

With 3 titles and 2 street frontages, it is situated in a picturesque and quiet valley. It has a comfortable 3 bedroom, 2 bathroom home and a large workshop/shed, machinery shed, stables and covered equestrian arena. With 3 dams, one fed by natural spring and fertile soils it has the capacity to produce good crops or plenty of hay and has 12 paddocks & yards.

The house has an open-plan kitchen and dining and has plenty of storage and a breakfast bar. Adjoining is a large lounge overlooking the valley, it opens onto a wide verandah that is a great alfresco or entertaining area. The large master room has built-in robes and a view over the valley, the second room also has built-in robes, a third room has an ensuite with shower and toilet and would be ideal as a guest room or study. The main bathroom has a spa bath, separate shower and toilet The home has a wood-fired heater and air-con for year-round comfort.

There is a pavilion on the east side for entertaining and hosting trail rides that has its own separate access. Being so close to the state forest at Lal Lal and backing onto Dolly's Creek it is a great base for trail riding. There is a lot of space to build a larger house or shedding as well as the potential to subdivide the property (STCA).

With excellent roof capture, the property has around 130,000 litres of tank capacity that provides all the water needs for the house and stock. Pumps and piping ensure the water can be moved to where it is most needed. Elaine is around 20 mins to Buninyong, 30 mins to Ballarat and 40 mins to Geelong.

Property History for 526 Elaine-Egerton Rd, Elaine, VIC 3334

A timeline of how this property has performed in the market
Last Sold
$318,000
31 Aug 2007
  • 20 Dec 2021
    Listed for Sale $2,590,000
  • 31 Aug 2007
    Sold for $318,000
  • 12 Nov 2003
    Sold for $236,000

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About Elaine 3334

The size of Elaine is approximately 105.7 square kilometres. It has 1 park covering nearly 0.1% of total area. The population of Elaine in 2011 was 328 people. By 2016 the population was 240 showing a population decline of 26.8% in the area during that time. The predominant age group in Elaine is 50-59 years. Households in Elaine are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Elaine work in a labourer occupation. In 2011, 77% of the homes in Elaine were owner-occupied compared with 79.7% in 2016..

Elaine has 182 properties. Over the last 5 years, Houses in Elaine have seen a 77.83% increase in median value, while Units have seen a -48.26% decrease. As at 30 November 2024:

  • The median value for Houses in Elaine is $854,002 while the median value for Units is $432,452.
There are currently 1 property listed for sale, and no properties listed for rent in Elaine on OnTheHouse. According to CoreLogic's data, 2 properties were sold in the past 12 months in Elaine.

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Disclaimer
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.