SOLD
Sold on 01 Jun 2024 for $1,000,000

971 Basalt Road
Shepherds Flat VIC 3461

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 159m2
Land area: 85799m2
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Property Details for 971 Basalt Rd, Shepherds Flat

Building Type
Rural
Year Built
1930
Floor Size
159m2
Land Size
85799m2
Local Government
Hepburn
Lot/Plan
1/PS435886

Last Listing description (November 2019)

So many opportunities exist in this unique property, situated on just over 21 acres. Superbly located just 10 minutes from Daylesford and 5 minutes from the village and conveniences of Hepburn, the former meditation retreat is in a tightly held area offering beautiful gully views.

Walk in to the open plan living in the main residence with its beautifully restored with newly polished concrete floors, open plan kitchen with granite bench top, original stone wall fire surround and raised ceiling with glass walls to flood light in. Heated with wood fire and the convenience of a spilt system air conditioning, with the second living space suitable as a media room or dining room.


The generously appointed main bedroom features more original stone walls, timber floors, ensuite and WIR and its own pot belly stove. A second bedroom, a beautiful main bathroom and separate laundry complete the main residence. Continue through the hallway into the cobblestone atrium, perfect for summer lunches, into the West Wing, a completely self contained one bedroom apartment with ensuite, kitchen and living area. French doors from both the bedroom and living room lead to a private deck to take in views overlooking the gully and hill beyond.

But wait, theres more - Sunflower cottage is another completely separate dwelling a stones through away; another one large bedroom, bathroom dwelling with ample kitchenette, living space and again with decks on three sides to take in the glorious views of the large dam and surrounds.perfect for family overflow or income producing potential.

Yet more infrastructure is located on this property; a huge 11 x 12m studio with change rooms, kitchenette and reception area offering so many possible uses for personal or income producing opportunities. Other features include water bore, 2 large dams, multiple water tanks, container storage, tool shedding, 2.5Kw solar, lawns with over a thousand bulbs planted here together with fruit trees and rose garden.

Inspection will reveal its absolute value and potential!

Property History for 971 Basalt Rd, Shepherds Flat, VIC 3461

A timeline of how this property has performed in the market
Last Sold
$1,000,000
01 Jun 2024
  • 01 Jun 2024
    Sold for $1,000,000
  • 13 Nov 2019
    Sold for $1,010,000
  • 18 Oct 2019
    Listed for Sale $1,075,000
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About Shepherds Flat 3461

The size of Shepherds Flat is approximately 26.8 square kilometres. It has 5 parks covering nearly 49.8% of total area. The population of Shepherds Flat in 2011 was 325 people. By 2016 the population was 53 showing a population decline of 83.7% in the area during that time. The predominant age group in Shepherds Flat is 50-59 years. Households in Shepherds Flat are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Shepherds Flat work in a labourer occupation. In 2011, 85.8% of the homes in Shepherds Flat were owner-occupied compared with 80.7% in 2016..

Shepherds Flat has 77 properties. Over the last 5 years, Houses in Shepherds Flat have seen a 132.20% increase in median value. As at 30 November 2024:

  • The median value for Houses in Shepherds Flat is $1,008,208.
There are currently no properties listed for sale, and no properties listed for rent in Shepherds flat on OnTheHouse. According to CoreLogic's data, 1 property were sold in the past 12 months in Shepherds flat.

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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.