330 Clemens Lane, Myrtleford VIC 3737
330 Clemens Lane, Myrtleford VIC 3737
65-acre creek-front bushland | Mt Buffalo views | 4-bed homestead | lifestyle privacy | long rural sale cycles
A rare combination of 65 acres, creek frontage, and Mt Buffalo views is offered by this bushland homestead. Four bedrooms are arranged around open-plan living, with a master WIR and multiple verandahs. Substantial water licensing and five tanks are included, and fertile flats are available. This property is positioned within Myrtleford’s lifestyle acreage market, best suited to buyers wanting privacy, space, and self-sufficiency.
Value may be influenced by the property’s rural character and its bushfire and flood overlay context, common in creek-side acreage. A limited buyer pool might be created by the remote location and land maintenance demands. Extended marketing periods are possible in this segment, as seen in similar rural holdings. The final price is likely to be most significantly affected by the condition and presentation of the homestead and outbuildings.
Detailed Independent Property Report prepared by PropCred Analyst team for 330 Clemens Lane, Myrtleford VIC 3737
Checks found:
Value Risk
!
1
Liquidity Risk
✕
2
Planning Risk
✓
Income Risk
!
1
Execution Risk
✕
2
Market Insight
Myrtleford, in Alpine Shire, sits along the Great Alpine Road. A tight rental market—vacancy between 0.17% and 0.44%—and a 19.6% renter population drive investor interest. Median house prices span $590k–$635k, with annual growth of 0.85%–11% depending on source; units average $434k. House rents range $400–$490 weekly, units $250–$400. Supply has contracted 13% year-on-year, while median days on market run 98–175, implying slow churn. Yields for houses are 3.0%–4.2%, units 3.6%–5.0%. Future growth hinges on persistent low vacancy and falling stock; key risks include extended selling times and affordability constraints near a $720k median listing price.
PropCred Estimated Value
Comparable Sales: 90 Clemens Lane (2025 land sale $485,000); 921 Myrtleford-Yackandandah Rd (2021 $325,000) | Property Price Band: $1.1M-$1.2M | Value Drivers: water licensing, land size, Mt Buffalo views, creek frontage
Bedrooms
4
Bathroom
1
Parking
1
Land
26.1 ha
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst