183 Boobook Avenue, Red Cliffs VIC 3496

Rural lifestyle | vineyard income | modern home | Red Cliffs catchment The property offers a rare combination of a fully renovated family home with an established, income-producing vineyard on a single title, which is competitively strong for buyers seeking both lifestyle and operational return. The 9.71-hectare allotment with irrigated plantings, large sheds, and a pool positions it as a turnkey rural holding that serves owner-occupiers or those wanting a managed income stream. Its location in the Mildura council area with no overlays and good school catchments adds to its appeal for families. The main risk is the property’s recent sale price of $820,000, which sits below the estimated value range, suggesting a buyer may have secured it at a discount or that market conditions are soft. The 2-megalitre water allocation is modest for the planted area, which could limit vineyard expansion or require additional water purchases. However, the existing irrigation system and solar panels reduce ongoing costs, and the rental estimate of $515 per week provides a floor for income. For a buyer, this property should be held as a lifestyle asset with potential for capital growth as the vineyard matures, or used as a dual-income holding with the house rented and vineyard operated separately.