Home/Properties/Allambee South/140 Mirboo - Yarragon Road
140 Mirboo - Yarragon Road, Allambee South$1.15m
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For Salehouse

140 Mirboo - Yarragon Road

Allambee South, VIC 3871, Australia
$1.10m – $1.20m
2 bed 1 bath 2 car17.61 ha

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About this property

Set among the rolling hills of the Strzelecki Ranges, 140 Mirboo-Yarragon Road combines masterful post-and-beam craftsmanship with the beauty of a tranquil rural setting. Spanning 43.51 acres, the property offers fertile farmland, abundant water, and a home that blends bluestone, rich timbers, and brickwork into a timeless retreat. Inside, soaring raked ceilings, exposed beams, and large timber windows create warmth and space, framing sweeping views across the landscape. The kitchen pairs blackwood cabinetry, granite benchtops, and a 900mm ILVE inbuilt electric oven with 5 burner gas cooktop, with seamless flow to the family and dining areas. Outdoors, a paved front porch wrapping to the eastern side, with timber-lined eaves, provides the perfect spot for relaxation and alfresco dining. Upstairs, two generous bedrooms enjoy vaulted ceilings and outlooks over the land, while the central bathroom below features a dual-head shower, cast-iron bath, and granite-topped blackwood vanity. Powder rooms on each level and a functional laundry with outdoor access complete the design. Water security is exceptional, with the Watkins and Elizabeth Creeks merging just below the home, three permanent springs one flowing through a chain of ponds into the main dam and a 75,000L rainwater fed concrete tank. Infrastructure is equally impressive: a double carport, a powered 12m x 6m shed with concrete floor and shelving, three large paddocks, and smaller paddocks near the house, currently home to sheep. Larger paddocks are leased, returning $3,600 annually, with stockyards adjoining the old dairy for ease of management. Located just 13 minutes from Mirboo North, 25 minutes from Leongatha, with easy access to the Latrobe Valley and under two hours from Melbourne, this property balances privacy with convenience. A nearby school bus stop ensures family practicality and reliable Telstra mobile coverage provide modern connectivity. A rare blend of craftsmanship, water security, and lifestyle appeal, this is a property where enduring quality meets rural tranquillity.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
2
Bathrooms
1
Parking
2
Land Area
17.61 ha
Listed
3 months ago

Repayment calculator

$5,575/month
$2,788 /fortnight
Loan $920,000 at 6.10% over 30 years

Upfront costs

Deposit$230,000
Stamp duty$63,250
Conveyancing (est.)$2,000
Total upfront$295,250
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Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Allambee South

This 2-bedroom house in Allambee South, VIC 3871 sits within reach of local amenities. It is listed 27% below the $1.57m median of 4 comparable houseswithin 5 km.

Allambee South at a glance

Full suburb profile
Population
61
Median age
58
Household income
$1,416/wk
Median rent
$260/wk
Median mortgage
$1,697/mo

Source: ABS Census.

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