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455 Bullumwaal Road, Ellaswood VIC 3875

$895,000

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$895k - $940k Transparent Transparent Listing Based on an openly advertised listing price.

House 4 Beds 1 Bath 5 Cars 4.94 acres

Listed: 7 hours ago

Overview

Situated just on the edge of town in a Low Density Residential zone, this ranch-style home offers a thoughtfully designed lifestyle for families or those seeking semi-rural tranquility close to urban conveniences. Its north-facing orientation allows generous natural light and enjoys sweeping northerly views, benefiting from passive solar principles that contribute to year-round comfort.

The property's layout is particularly suited to family living, with a separate children's wing comprising three bedrooms, providing privacy and functional separation from the other two bedrooms located at the opposite end of the home. This division facilitates flexible arrangements for parents and younger children alike.

Central to the home is a spacious open-plan area combining kitchen, dining, and living spaces, ideal for day-to-day living and informal gatherings. Complementing this is a dedicated formal lounge or rumpus room, enhancing the home's versatility for relaxation or entertaining, all the while capitalising on the pleasant northern outlooks from the main rooms.

Car accommodation is impressively catered for with an extra-large double garage integrated under the roofline, while a sizable 12m by 8m colorbond shed provides functional space including two open machinery bays, appropriate for large boats or caravans, alongside a secure lockable workshop bay. The shed is equipped with power, lighting, and a solar panel array, supporting sustainable energy usage.

The property's former use as a wholesale nursery is reflected in the connected town water supply and an established reticulation irrigation system, highlighting the property's suitability for hobbyists or those with interest in gardening or small-scale agriculture.

Spanning approximately 2 hectares (5 acres), this sizable parcel with subdivision potential is increasingly rare in this area, providing opportunities for those wishing to retain a large landscaped setting or explore future development possibilities, all within close proximity to Wy Yung, Eastwood, and Bairnsdale.

This offering combines lifestyle, practicality, and potential, making it an appealing prospect for families, hobby farmers, or investors seeking land near regional centres. A shorter settlement period is also feasible, facilitating a smooth transition for interested buyers.

Local Market Insights

In Ellaswood, Quiet Listings observed 17 new houses entering the market over the last 30 days, down from 48 during the previous 30-day period, with an average advertised asking price of $583,882. The property type mix of listed properties is predominantly Houses at 85%, followed by units (10%), and land (5%). The most active agency for houses in the Ellaswood area is currently LJ Hooker, representing 47% of new listings, followed by OBrien Real Estate with 35%. 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.