673 Baddaginnie-Warrenbayne Road, Warrenbayne VIC 3670

Equestrian acreage near two racetracks | 20 acres with 3 beds 2 baths | 2022 sale price unknown | price spread $805k–$1.25m signals market uncertainty This property’s primary buying case rests on its rare combination of 20 usable acres and direct proximity to two major regional racetracks, making it a functional base for horse training or agistment. The 2022 sale provides a recent floor, but the wide current price spread suggests the seller may be testing the market rather than setting a firm reserve, which could advantage a prepared buyer. It suits a professional in the racing industry or a serious hobbyist seeking a self-contained holding with minimal commute to Benalla and Wangaratta facilities. The principal risk is the lack of recent comparable sales in Warrenbayne, leaving the buyer to anchor on the lower Homely figure or negotiate from the higher OnTheHouse ask—a gap that may reflect condition or marketing strategy rather than value. The 2022 sale date without price data further obscures the trend. An opportunity exists to commission a local valuation and offer near $805,000, capitalising on the seller’s likely desire to close after only six days on market. Hold for personal equestrian use or as a long-term lifestyle block; resale liquidity will depend on maintaining the horse infrastructure and timing the next market cycle.