Original rural homes are increasingly rare on the market and this charming homestead located midway between Lancefield and Pyalong just 200m off the Lancefield Pyalong road and less than an hour from Melbourne airport is a prime example. A gracious reminder of the area's history, 'Oakbank' is nestled amid an awe-inspiring backdrop of rolling hills, flourishing paddocks and scatterings of dramatic granite rock. The Homestead Generously proportioned 3-bedroom with built in robes. Formal lounge dining/sitting room, kitchen, pantry, large laundry with a walk in storage room and shower, 2 toilets, large bathroom.? Split system and wood heater.? Sympathetic renovation has retained original period details such as pressed metal ceilings, timber floors/walls and authentic colour scheme? Verandah wraps around the entire homestead, overlooking spectacular views. The Land 595 acres A quality agricultural asset offering a variety of opportunities including farming, tourism, land banking and hospitality amongst a range of other pursuits Productive mixed farming operation renowned for good grazing of cattle and sheep breeding/fattening.Currently lightly stocked and carrying 70 head of cattle and calves and 30 young cattle.? Rainfall (approximately 550 mm)? Water supply includes 4 dams and 2 tanks supplying water to the home and sheds. The Property Surrounded by good fencing.? Other structures include a garage, large machinery shed including a sizeable workshop, a 3 stand shearing shed, cattle yards, sheep yards, 3 pen dog run and a silo. The Location? Midway between Lancefield and Pyalong.? Just under an hour to Melbourne Airport.? School buses stop nearby and travel to several schools within them Macedon and Mitchell regions. This flourishing farm is truly unique. Not just beautiful, 'Oakbank' presents so much potential to capitalise on its prized setting. This is furthered by an option for a combined purchase of 315 Walshs Road, Nulla Vale (451 acres). Distance between the two properties is 1.4km
The size of Nulla Vale is approximately 84.2 square kilometres. It has 1 park covering nearly 14.1% of total area. The population of Nulla Vale in 2011 was 735 people. By 2016 the population was 52 showing a population decline of 92.9% in the area during that time. The predominant age group in Nulla Vale is 50-59 years. Households in Nulla Vale are primarily couples with children and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Nulla Vale work in a managers occupation. In 2011, 88.1% of the homes in Nulla Vale were owner-occupied compared with 80% in 2016..
Nulla Vale has 106 properties. Over the last 5 years, Houses in Nulla Vale have seen a 180.92% increase in median value. As at 30 November 2024:
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