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25-27 Wallace Drive, Buckland VIC 3740

$850,000

Search Band Search Visibility Band

$850k - $900k High Confidence Calculated based on strong search observations.

House 3 Beds 2 Baths 2 Cars 1450 m²

Listed: 59 days ago

Updated: 8 hours ago

Overview

This property offers serene riverfront living on a spacious 1,450 square meter parcel directly fronting the Buckland River, nestled in the sought-after Buckland Valley. It represents a unique opportunity for those looking to enjoy a tranquil lifestyle surrounded by nature, with sweeping views of Mount Buffalo enhancing the peaceful ambiance.

The existing residence features three comfortable bedrooms and two bathrooms in a practical layout that serves functional daily living needs, while also allowing prospective buyers considerable scope to renovate or modernize to suit personal tastes and requirements. For buyers intending a fresh start, approved Planning Permits provide a valuable advantage, enabling the creation of a new home thoughtfully designed to capitalize on the spectacular natural setting.

Adding to the property's versatility is a substantial shed at the rear, which includes a generous double lock-up garage and workshop space. Portions of this structure have been outfitted with additional rooms, offering flexible use as storage, a multipurpose area, a children's playroom, or a hobbyist’s retreat. The large covered deck adjoining the shed provides an ideal spot to relax and take in peaceful river views.

The size of the block, alongside crown land access that nearly doubles usable yard space, creates an expansive and private outdoor environment. Established trees and broad lawns contribute to a sense of seclusion, while the river frontage and picturesque surrounding landscape deliver a rare lifestyle opportunity in this highly regarded area.

Whether the vision is to renovate the existing home, gradually extend it over time, or start anew with the approved development permits, this property offers excellent potential and flexibility to adapt to a variety of future plans. It stands as a distinctive offering in the Buckland Valley for purchasers seeking riverfront residence with substantial land and enduring appeal.

Local Market Insights

In Hume, Quiet Listings observed 350 new houses entering the market over the last 30 days, up from 284 during the previous 30-day period, with an average advertised asking price of $984,050. The property type mix of listed properties is predominantly Houses at 74%, followed by land (15%), and units (6%). The most active agency for houses in the Hume area is currently Ray White, representing 16% of new listings. 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.