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291 Eastwood Road, Wy Yung VIC 3875

$780,000

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$780k - $819k Transparent Transparent Listing Based on an openly advertised listing price.

House 5 Beds 4 Baths 2 Cars 6.32 acres

Listed: yesterday

Overview

Set on an expansive 2.557-hectare lifestyle block just moments from Bairnsdale, this exceptional property offers unparalleled versatility and panoramic views over the region. Its generous land size not only provides a tranquil sanctuary but also ample space to accommodate a variety of pursuits - from family living to business ventures.

The highlight of the property is its two distinct dwellings. The main home is a charming four-bedroom log residence featuring two separate living areas that blend rustic character with comfortable entertaining spaces, ideal for families seeking both privacy and community areas.

Complementing this is a fully equipped second dwelling, formerly used as a naturopathy centre. With two bathrooms, a kitchen, and designated office and waiting rooms, this versatile space can be transformed to suit extended family accommodation, guest quarters, or an income-generating Airbnb, offering extraordinary flexibility rarely found on properties of this scope.

Abundant shedding facilitates practical storage and workspace needs, supporting hobbies or home-based business opportunities. Elevated position offers stunning views that enhance the peaceful rural ambiance without compromising accessibility to essential amenities like schools, shopping, and medical facilities in nearby Bairnsdale.

This property is perfectly suited for those seeking a multi-functional lifestyle retreat or an investment with diverse potential. While requiring some updates, the solid foundations and unique features create a compelling opportunity to craft a personalized rural haven close to town.

Local Market Insights

In Wy Yung, Quiet Listings observed 23 new houses entering the market over the last 30 days, down from 28 during the previous 30-day period, with an average advertised asking price of $646,522. The property type mix of listed properties is predominantly Houses at 88%, followed by land (8%), and units (4%). The most active agency for houses in the Wy Yung area is currently LJ Hooker, representing 43% of new listings, followed by OBrien Real Estate with 30%. 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.