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Overview
This unique lifestyle package in North East Victoria’s tourism hub encompasses two charming homes on separate titles surrounded by abundant water supplies and lush, irrigated gardens.
The six-bedroom, three-bathroom farmhouse offers a blend of modern sustainability and comfort, featuring 32 solar panels complemented by a 9.8kW battery system, ensuring energy efficiency and cost savings. The home is equipped with a heat pump hydronic heating system, electric cooking facilities, and ducted evaporative cooling, lending year-round climate control. Central to the home is a sunlit, north-facing living area and a classic kitchen with granite bench tops, offering tranquil views over the solar-heated saltwater pool, alfresco deck, and the expansive farm landscape dotted with river red gums.
Dating back to circa 1900, the accompanying cottage has been stylishly renovated to retain its heritage charm with features like high ceilings, solid timber floors, and dado panelling. The gas fireplace adds character and warmth, while French doors from both bedrooms open onto inviting wraparound verandahs overlooking the olive grove. This solar passive designed cottage benefits from split-system heating and cooling and a solar hot water service. It functions successfully as an Airbnb, demonstrating its appeal as a holiday rental or guest accommodation.
The cottage's half-hectare block includes a garage with a shed, extensive lawns, and an olive grove of 120 trees arranged for efficient machine harvesting, ideal for agricultural enthusiasts or those seeking diversified farm income.
The remaining 35 hectares comprise highly productive farming land fronting Tea Garden Creek, suitable for diverse livestock or horticultural pursuits. Well-maintained infrastructure supports operations with extensive shedding, a seven-bay Colourbond hayshed, and dedicated yards for cattle and sheep. Seven paddocks are fenced securely and connected via a central laneway for efficient movement.
Water security is a key asset with groundwater and surface water entitlements totaling 95ML, supplemented by 30,000-litre rainwater tanks and reliable well water connections for both homes. Irrigation infrastructure includes a relocatable center pivot used on 20 hectares of established pastures and lucerne, supporting prime lamb production. This property is especially suitable for those looking to combine a rural lifestyle with sustainable farming or income diversification opportunities.
Its combination of heritage charm, modern sustainable features, and diverse productive land makes this an exceptional opportunity for lifestyle seekers, families, or agricultural operators in the region.
- Ducted evaporative cooling and hydronic heating for year-round comfort
- Energy efficiency via solar panels and battery storage
- Multiple water sources supporting irrigation and domestic use
- Well-established farm infrastructure including shedding and yards
- Appealing pool and outdoor entertainment areas overlooking farmland
Local Market Insights
In Markwood, Quiet Listings observed 11 new houses entering the market over the last 30 days, up from 7 during the previous 30-day period, with an average advertised asking price of $1,196,818. The property type mix of listed properties is predominantly Houses at 61%, followed by land (33%), and commercial properties (6%). The most active agency for houses in the Markwood area is currently Morris Bros Real Estate, representing 64% of new listings, followed by Kyle Raven with 27%. 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
Markwood VIC 3678
Market Insights for Markwood VIC 3678
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