OFF MARKET

265 Pyrenees Highway
Elphinstone VIC 3448

Bedrooms: 4
Bathrooms: 1
Car spaces: 2
Floor area: 112m2
Land area: 39100m2
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Property Details for 265 Pyrenees Hwy, Elphinstone

265 Pyrenees Hwy, Elphinstone is a 4 bedroom, 1 bathroom House with 2 parking spaces and was built in 1940. The property has a land size of 39100m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in April 2014.

Building Type
House
Year Built
1940
Floor Size
112m2
Land Size
39100m2
Local Government
Mount Alexander
Lot/Plan
9/LP143567

Last Listing description (October 2024)

Born out of early European settlement history, Lucinda offers a glimpse into a bygone era. This incredible property, originally owned by the Frye's Family in the 1860s, sprawled as a vast sheep farm from Wombat State Forest to Elphinstone.

The story of Lucinda unfolds through the evolving dwellings, reflecting the family's rising prosperity. It all began with a humble two-room cottage on the east side of the estate. As their fortunes grew, a third room was added. Subsequently, a second pitch emerged, featuring a grand mantle, an expanded living area and an additional bedroom.

The 1920s saw the construction of a second house, now the main residence, complete with a wide wrap around verandah, while the original cottage lay dormant until the 1980s, when it was lovingly restored.

Today, this fully established 9 acre (approx.) property has the perfect blend of romantic historical past with added convenience of modern comforts, sprawling grounds and significant infrastructure. The two dwellings offer intergenerational flexibility and income generating potential, be it for a holiday rental or long-term rental.

The main residence has undergone significant renovations to incorporate every wished-for modern comfort. The the all-electric home with a 4.6-kilowatt solar system is double glazed with split system heating and cooling and features a wood heater for country charm.

Four spacious bedrooms, three with robes, are serviced by the central bathroom in neutral shades of grey and white, featuring a stepless shower and bath.

The kitchen is likewise timeless and stylish with white country style cabinetry, a 900mm Westinghouse oven and induction cooktop, and generous cupboard and drawer space. Delight your loved ones with meals prepared from the bountiful produce, harvested from the thriving veggie patches.

The light filled living space extends to the verandah, part of which has been enclosed for year-round entertainment.

The original cottage oozes character with its exposed hand made bricks, pitched timber lined ceilings, open fireplaces and hardwood floorboards. It offers three bedrooms and a cosy living room.

Outside, the grand old oaks and mature trees anchor the property in history, inviting idyllic family picnics. Established cottage gardens add to the charm, while two holding paddocks awaken dreams of a hobby farm. Water supply is abundant with a dam holding 3 mega litres and two water tanks with a capacity of 45,000 litres.

Extensive shedding provides ample space for cars, machinery and workshop needs. A fox proof chicken coop completes this extraordinary country package, within a very convenient 10 minute drive from the heart of Castlemaine and 15 minutes to Kyneton.

Property History for 265 Pyrenees Hwy, Elphinstone, VIC 3448

A timeline of how this property has performed in the market
Last Sold
$300,000
24 Apr 2014
  • 15 Oct 2024
    Listed for Sale $1,250,000 - $1,350,000
  • 14 May 2024
    Listed for Sale $1,250,000 - $1,350,000
  • 09 Nov 2023
    Listed for Sale $1,250,000 - $1,350,000
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About Elphinstone 3448

The size of Elphinstone is approximately 84 square kilometres. It has 2 parks covering nearly 5.8% of total area. The population of Elphinstone in 2011 was 669 people. By 2016 the population was 551 showing a population decline of 17.6% in the area during that time. The predominant age group in Elphinstone is 50-59 years. Households in Elphinstone are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Elphinstone work in a professional occupation. In 2011, 91.2% of the homes in Elphinstone were owner-occupied compared with 86.9% in 2016.

Elphinstone has 448 properties. Over the last 5 years, Houses in Elphinstone have seen a 28.48% increase in median value, while Units have seen a 32.14% increase. As at 31 October 2024:

  • The median value for Houses in Elphinstone is $778,131 while the median value for Units is $622,585.
There are currently 4 properties listed for sale, and no properties listed for rent in Elphinstone on OnTheHouse. According to CoreLogic's data, 16 properties were sold in the past 12 months in Elphinstone.

Suburb Insights for Elphinstone 3448

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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.