100 Allendale Road, Elphinstone VIC 3448

Rural acreage | sealed access | strong water | bushfire overlay | 4-bed floorboards The property’s competitive edge lies in its rare combination of 11.33 hectares with sealed access and established paddocks, a configuration that is increasingly scarce in the Mount Alexander corridor. For a buyer seeking a genuine rural holding within commuting distance of Castlemaine, the floorboard finish, open fireplace, and substantial shed and workshop capacity signal a property that was lived in and maintained, not merely held. It serves best a buyer who wants immediate utility,paddocks ready for stock, six-car secure parking, and solar infrastructure already in place,without needing to fund basic improvements from day one. The bushfire overlay is the principal risk, and it carries real cost: higher insurance premiums, stricter vegetation management obligations, and potential difficulty financing through certain lenders. Buyers should budget for a full bushfire attack level assessment and factor ongoing clearance costs. On the opportunity side, the 2018 sale at $80,600 reflects a raw land base that has since been substantially improved, so the current pricing is built on visible capital rather than speculation. The property is best held as a long-term rural residence; its scale and infrastructure do not suit a short-term flip, but for a buyer who will use the land and buildings as-is, it offers a defensible entry point into a tightening acreage market.