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21 Hill Close
Ruffy, VIC 3666

$425,000

Listed: 5 days ago
Updated: 4 days ago
Overview

Located in the quaint rural township of Ruffy, this property offers a substantial landholding of approximately 7,348 square metres, equating to nearly 2 acres of serene and picturesque acreage. It represents an excellent opportunity for investment or future development.

Significant improvements and preparations have been made by the current vendor to enhance the property's potential. The entire block has been newly fenced to ensure full security and privacy, with all fencing up to modern standards.

A roadway has been constructed, providing convenient access from the entrance directly to the site of the proposed dwelling and the existing garage, facilitating ease of access and functionality across the property. Complementing the entrance is a custom-crafted solid timber gate, designed with quality materials and artistry, which adds charm and a welcoming feature to the property boundary.

The land benefits from a valid planning permit that authorizes the construction of a four-bedroom residence. This permit remains valid for an additional two years and may be extended, providing flexibility for future building plans. Associated assessments and approvals are already in place for this residential development, including comprehensive soil testing and fire overlay reports, ensuring all environmental and safety regulations are met. Additionally, septic system approval has been secured to support the property’s infrastructure requirements.

Also included are permits for a log cabin structure, adding versatility for guest accommodation, hobby space, or recreational use on the property. A recently constructed ten-metre garage equipped with remote-controlled doors has been granted building approval, offering substantial secure parking or storage space.

The property is surrounded by uninterrupted views and a native bushland reserve located at the rear, providing a peaceful natural setting and a habitat for local wildlife. The garage presents an opportunity for creative use as a workshop, recreational 'man cave', or weekend retreat, enhancing lifestyle possibilities.

Utility services include power access located at the front boundary, ready for connection. For those seeking energy independence, solar power installation presents an option for sustainable and self-sufficient living.

The rural lifestyle offered allows for gardening, hobby farming, or small-scale animal keeping, supported by the property's natural spring which has been excavated and is actively replenishing, providing a reliable water source.

Conveniently located roughly a one hour and fifty minute drive from Melbourne, the property offers accessibility to urban amenities while maintaining a tranquil country environment. Regional centres such as Mansfield and Eildon Lake are both approximately 50 kilometres away, providing additional recreational and lifestyle opportunities.

The locality is well known for its weekend attractions, including Bucks bakery famed for its celebrated pies and proximity to the Yarra Valley wineries, offering enriching rural living experiences.

Local Market Insights

In Ruffy, Quiet Listings observed 5 new parcels of land entering the market over the last 30 days, up from 2 during the previous 30-day period, with an average advertised asking price of $434,000. The property type mix of listed properties is predominantly Houses at 47%, followed by land (35%), and commercial properties (12%). North Eastern Country Real Estate was the most active agency monitored, representing 53.3% of all new listings monitored during the last 30 days. 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
21 Hill Close
Ruffy VIC 3666
Market Insights for Ruffy VIC 3666
New Listings (last 30 days)
5
Average price
$434,000
Lowest price
$195,000
Highest price
$550,000
Other properties in this postcode

* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.