270 Ogradys Road, Kilmore East VIC 3764
270 Ogradys Road, Kilmore East VIC 3764
Dual-dwelling horse property | 66 acres with full equine infrastructure | 5 beds, 3 baths | V/Line two minutes away | Semi-rural Kilmore East
A genuine rural lifestyle holding is presented here, configured around two separate homes on one title, with a recently renovated main residence and a newer second dwelling on its own power grid. The roughly 63 to 66 acres is considered substantial for Kilmore East, where surrounding stock is mostly offered as vacant land or smaller lifestyle parcels. Full equine infrastructure is included, with eight agistment yards, stables, round yard, wash bay, and fully fenced paddocks served by two large dams. This property is best suited to horse owners, agistment operators, or extended families seeking semi-rural privacy, with the V/Line station about two minutes away.
The price may be most influenced by the dual-dwelling configuration and main residence condition, both seen as drivers of utility and income potential. The 63 to 66 acres is suited to equine buyers but might be regarded as excessive for a smaller holding. Bushfire planning controls may be encountered here, and schooling arrangements could be expected to shape family demand.
>> Comparable Sales: 130 O’Gradys Road around $1.1M-$1.2M; 570 Ogradys Road around $1.3M | Property Price Band: $1.2M-$1.3M | Value Drivers: dual-dwelling layout, 66-acre equine-ready land, renovated main residence
Detailed Independent Property Report prepared by PropCred Analyst team for 270 Ogradys Road, Kilmore East VIC 3764
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
2
Income Risk
Execution Risk
1
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Market Insight
Kilmore East presents a market in contraction, where sellers are increasingly desperate amid scarce buyer demand. Unit prices have demonstrated stronger recent growth than houses, though overall conditions are weak, with extended selling times and elevated stock levels reflecting a clear buyer’s advantage. The suburb’s positioning benefits from proximity to the train station and Hume Freeway, yet this infrastructure has not translated into sustained price momentum. The dominant demand driver remains absent, and the outlook is constrained by a severe demand-to-supply imbalance that signals further price falls.
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PropCred Estimated Value
Bedrooms
5
Bathroom
3
Parking
8
Land
26.71 ha
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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