709 Mount Eliza Road, Kerrie VIC 3434

709 Mount Eliza Road, Kerrie VIC 3434
Elevated 195ha estate | architect homestead | 13 paddocks | Melbourne 1hr | expression of interest This property is a rare consolidated holding in a tightly held precinct, combining genuine agricultural scale with a Michael Munckton-designed residence and Paul Bangay garden,features that typically command a premium from lifestyle buyers seeking both production and presentation. The seven-title structure, 13 subdivided paddocks, secure water from eight dams, and integrated equine infrastructure position it as a turnkey operation for grazing or horse use, while the saltwater pool and tennis court lift it beyond standard farmland. It best suits a buyer who wants a functional rural enterprise with immediate lifestyle amenity, not a renovation project. The primary risk is status ambiguity,listings conflict between active and withdrawn, which may signal seller hesitation or off-market intent, costing a buyer time in negotiation. The absence of recent sales data or pricing means the buyer must lead with comparable analysis in the Mount Macedon corridor. Opportunity lies in the property’s dual-use potential: productive pasture offsets holding costs while the homestead’s design and city views support future subdivision or high-end agritourism. Hold it as a working estate with lifestyle overlay, not a passive land bank.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 709 Mount Eliza Road, Kerrie VIC 3434
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Market Insight:

Kerrie, a rural enclave within the Macedon Ranges Shire, is positioned as a niche acreage market. Demand is driven by family-oriented buyers seeking a rural lifestyle, evidenced by the large lot sizes available. While recent price data is unavailable, the broader regional market shows a quarterly growth trend, suggesting steady conditions. Future growth is anchored by the appeal of substantial land holdings, such as the 53-hectare properties listed. However, the market faces constraints from a limited supply base of just 83 residents and potential affordability pressures, given the regional median house price level and sensitivity to interest rate movements.
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PropCred Estimated Value

Bedrooms

4

Bathroom

4

Parking

3

Land

195 ha

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