29 Mccallum Road, Scarsdale VIC 3351

5 acres near Ballarat | low-density zoning | dam and shedding | 2-bedroom lifestyle house The buying case for this property rests on its combination of a manageable 5-acre parcel with low-density residential zoning, practical shedding, and a dam, all within 30 minutes of Ballarat. For a buyer seeking space, privacy, and the ability to keep animals or run a hobby operation without a sprawling dwelling, this configuration is rare at this price point. The 1980-built house is modest but functional, meaning the value lies in the land and its permitted uses, not the home itself. It suits downsizers, couples, or singles who prioritise outdoor utility over internal square footage. The primary risk is the small dwelling size, which limits appeal to families or those needing more than two bedrooms, potentially narrowing the resale pool. The 2017 sale history without a disclosed price offers no clear value anchor, and the property has only just been listed, so price discovery is incomplete. The opportunity is that the low-density zone may permit future subdivision or additional structures, subject to council approval, which could unlock significant value for a buyer with patience and a longer-term view. Proximity to Smythesdale and Delacombe provides practical access without compromising the rural feel.