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Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

490 Settlement Road, Sunbury VIC 3429

$6,950,000

Listed: 9th Jun 2026
Overview

Escape to a lifestyle of unparalleled beauty on this extraordinary 528-acre property, perched atop a majestic rise offering an awe-inspiring 360-degree panorama. The property boasts breathtaking views that stretch from the Melbourne skyline to the Macedon Ranges and Port Phillip Bay, providing a truly unique and elevated living experience.

At the heart of this expansive estate is a bespoke European-inspired home that radiates warmth and character. The residence features timber accents, raked ceilings, and exposed beams that create a welcoming and elegant atmosphere. The timber kitchen is complemented by large windows that frame the stunning natural surroundings, allowing residents to enjoy the landscape from every angle.

The main living room is designed for comfort and relaxation, complete with a wood heater that adds to the cozy ambiance. The home includes three main bedrooms, with the master bedroom offering a walk-in robe and ensuite for added luxury. Additional living spaces include a study, rumpus room, and a spacious sunroom or entertainment area, perfect for hosting gatherings or enjoying quiet moments.

A guest room or fourth bedroom opens onto an easterly paved entertainment area and an inground pool, enhancing the property's appeal for both family living and entertaining. This residence has been cherished by its current owners for over four decades, reflecting a deep connection to the land and lifestyle it offers.

The property's diverse topography includes deep gorges, rolling hills, and flat expanses along a tributary to Jacksons Creek. This varied landscape supports a thriving ecosystem of native wildlife, including wallabies, kangaroos, kookaburras, and even a Wedge Tail Eagle's nest, making it a sanctuary for nature lovers.

Historically functioning as a working farm, the estate is equipped with essential infrastructure such as a shearing shed, undercover cattle yards, a crush, a stock ramp with bitumen road access, and multiple sheds for machinery, hay, and a workshop with stables. The land has supported various livestock including sheep, cattle, and goats, and features plantations of flowering gums dedicated to wildlife and honey production.

Water security is a key feature of this property, with a 180-foot deep bore and electric pump supplying water to the house and four paddocks. Additionally, there is 90,000 litres of rainwater storage and eight dams scattered across the land, ensuring ample water resources for both domestic and agricultural needs.

This expansive holding presents a rare opportunity for subdivision into two lots, subject to council approval (STCA). Conveniently located just 16 minutes from Sunbury, 32 minutes from Melbourne Airport/Essendon, and 53 minutes from the Melbourne CBD, this property offers a perfect balance of rural tranquility and city accessibility.

Overall, this estate is a total retreat that offers an authentic Australian experience with dramatic landscapes and a peaceful sanctuary feel. It is an exceptional chance to own a significant parcel of land so close to Melbourne, ideal for those seeking a lifestyle of privacy, natural beauty, and versatility.

Local Market Insights

In Sunbury, Quiet Listings observed 47 new houses entering the market over the last 30 days, down from 84 during the previous 30-day period, with an average advertised asking price of $1,024,479. The property type mix of listed properties is predominantly Houses at 71%, followed by units (13%), and land (13%). The most active agency for houses in the Sunbury area is currently Raine & Horne, representing 28% of new listings, followed by Woodards Real Estate with 19%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.

Location
490 Settlement Road
Sunbury VIC 3429
Market Insights for Sunbury VIC 3429
New Listings (last 30 days)
47
Average price
$1,024,479
Lowest price
$500,000
Highest price
$13,000,000
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