OFF MARKET

40 Heaths Road
Gnarwarre VIC 3221

Bedrooms: 6
Bathrooms: 3
Car spaces: -
Land area: 279234m2
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Property Details for 40 Heaths Rd, Gnarwarre

Building Type
Rural
Land Size
279234m2
Local Government
Surf Coast
Lot/Plan
4/LP131169

Last Listing description (December 2024)

Lifestyle - Investment - Grazing - Equine - Cropping

Nestled in the prestigious Barrabool Hills, with Heaths Road & Monahans Road frontages, this idyllic property offers a serene lifestyle just 15 minutes from Highton Village and the iconic Barwon River precinct. Centrally located, it's under an hour to the West Gate Bridge/Melbourne, a quick 20-minute drive to Geelong CBD, and within easy reach of renowned Surf Coast beaches of Barwon Heads, Anglesea and Lorne.

As you ascend the sweeping agapantha & tree lined driveway, you'll be greeted by a circa 1925 homestead, thoughtfully renovated in 2016. Set against a picturesque rural backdrop with established trees, the main residence features 6 bedrooms, including a master with ensuite and parent' retreat, family bathroom, study, formal and informal living spaces, a country kitchen, and dining area that opens to a sheltered outdoor entertaining space.

Domestic water needs are met by a substantial 100,000-litre tank, with a further 120,000 litres of rainwater-fed tanks servicing the farm and accommodation facilities, three of which were installed post-2016.

Beyond the main residence, the property offers versatile short-term accommodation or multigenerational living options. A 1 bedroom cottage with bath and kitchen facilities, along with an existing & charming, 1 bedroom dairy conversion with kitchen and separate WC, provide flexibility and the potential for additional income.

Functional farming facilities include a woolshed dating back to 1907, equipped with a foaling box/stable, 20m x 7m machinery shed, and a hayshed with ample capacity to hold approximately 5,000 small square bales or 400 round bales.

"Ironstone" has been meticulously designed for efficient farm management, featuring approximately 40 acres subdivided into 22 paddocks with varying fencing styles ranging from stock fencing to equine post & rail (mostly electrified - solar), annually fertilised on improved pastures with a regular summer crop program (corn/millet). A rear hay paddock of about 28 acres yields around 2,000 small square bales annually.

Water is abundant with three dams, one spring-fed with clear water.

For equestrian enthusiasts, "Ironstone" offers a 50m x 20m outdoor arena (circa 2023), a 5-box stable complex with 2 walk-in boxes and a foaling box.

Experience the tranquillity and functionality of "Ironstone" firsthand.

This exceptional property in a highly regarded location invites inspection by appointment only through Andrew Rice at the Geelong Office.

Property History for 40 Heaths Rd, Gnarwarre, VIC 3221

A timeline of how this property has performed in the market
Last Sold
$935,000
12 Sep 2015
  • 10 Jan 2024
    Listed for Sale $3,250,000
  • 12 Sep 2015
    Sold for $935,000
  • 28 Jul 2014
    Listed for Sale $950,000 - $1,050,000

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About Gnarwarre 3221

The size of Gnarwarre is approximately 68.3 square kilometres. The population of Gnarwarre in 2011 was 344 people. By 2016 the population was 268 showing a population decline of 22.1% in the area during that time. The predominant age group in Gnarwarre is 40-49 years. Households in Gnarwarre are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Gnarwarre work in a managers occupation. In 2011, 78.2% of the homes in Gnarwarre were owner-occupied compared with 88.5% in 2016..

Gnarwarre has 136 properties. Over the last 5 years, Houses in Gnarwarre have seen a 73.23% increase in median value. As at 30 November 2024:

  • The median value for Houses in Gnarwarre is $3,013,183.
There are currently no properties listed for sale, and no properties listed for rent in Gnarwarre on OnTheHouse. According to CoreLogic's data, 3 properties were sold in the past 12 months in Gnarwarre.

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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.