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170 Parish Road, Iona\
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170 Parish Road

Iona, VIC 3815, Australia
\
4 bed 3 bath 4 car8.5 ha

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About this property

Set across approximately 21 acres in the heart of West Gippsland, Rosewood Downs presents an exceptional opportunity to secure a premium equestrian property with multiple income streams, dual-living flexibility, and a charming country lifestyle. Zoned Green Wedge (GWZ) and ideally positioned just minutes from Bunyip, Garfield, and Pakenham, this is a rare offering in a tightly held location. The main home is a warm and inviting country-style residence, spanning approximately 31 squares under roofline. Featuring three well-proportioned bedrooms, the home showcases a beautiful timber kitchen, complemented by a character-filled timber panelled lounge and formal dining area, both centred around a striking double fireplace. Verandahs wrap around three sides of the home, creating the perfect setting to relax while overlooking established gardens and the picturesque surrounds. With its cosy feel and thoughtful layout, the home also lends itself perfectly to Airbnb or short-stay accommodation. Adding exceptional versatility, the property includes: - A separate two-bedroom granny flat attached to a double garage ideal for extended family, older children, or guest accommodation - A large workshop currently utilised as a studio, perfectly suited for a home business such as a salon, creative space, or consulting rooms - Designed with serious equine functionality in mind, the property is exceptionally well-equipped, featuring: - 120m x 80m floodlit arena - 13.5m round yard - Extensive stable complex with tack room - Day yards plus covered saddling and wash bay - Central laneway servicing 6 horse paddocks - Additional 5 cattle paddocks - Cattle yards with B-double access The infrastructure is complemented by excellent fencing throughout and an abundance of tank water, ensuring practicality and efficiency for both equine and livestock operations. Perfectly positioned for both privacy and convenience, the property offers peaceful rural living with easy access to major roads and the Princes Freeway, making commuting effortless. Enjoy the tranquillity of country life while remaining close to essential services, schools, and townships. This is an outstanding opportunity for equestrian enthusiasts, agistment operators, multi-generational families, or investors seeking a lifestyle property with strong income potential. Disclaimer: The Company Real Estate has taken all reasonable steps to ensure that the information in this advertisement is true and correct but accepts no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own inquiries to verify the information contained in this advertisement.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
4
Bathrooms
3
Parking
4
Land Area
8.5 ha
Listed
2 months ago

Repayment calculator

$4,018/month
$2,009 /fortnight
Loan $662,960 at 6.10% over 30 years

Price estimated from comparable nearby — edit below to use your own number

Upfront costs

Deposit$165,740
Stamp duty$44,792
Conveyancing (est.)$2,000
Total upfront$212,532
Verify with VIC revenue office →
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 Iona

This 4-bedroom house in Iona, VIC 3815 sits within reach of local amenities.

Iona at a glance

Full suburb profile
Population
240
Median age
47
Household income
$1,924/wk
Median rent
$250/wk
Median mortgage
$2,140/mo

Source: ABS Census.

Due diligence

Property Report

Future Development

Complete

Iona is a small rural locality in the Goulburn Valley region of Victoria with limited recent major development activity. Development pressure remains modest, focused on infill residential subdivision and local community infrastructure rather than large-scale urban renewal. Regional road improvements and strategic land-use studies indicate gradual long-term growth potential aligned with broader Goulburn Valley corridor development.

Nearby projects

4

Closest

0.5 km

Iona Residential Subdivision

1.3km2.5km3.8km5kmIona Residential Subdivision — 0.5 kmLocal Mixed-Use Development Application — 1.2 kmGoulburn Valley Highway Corridor Improvements — 2.0 kmAgricultural Land Rezoning Study — 3.0 km

Distance from this property is exact (rings = km). Direction is illustrative.

Iona Residential Subdivision

0.5 km
Residential subdivisionApproved

Small-scale residential lot subdivision targeting infill development in established areas around Iona.

500 m

Local Mixed-Use Development Application

1.2 km
Mixed-useUnder construction

Small commercial and residential mixed-use project serving local community needs in nearby town centre.

1.2 km

Goulburn Valley Highway Corridor Improvements

2 km
InfrastructureProposed

Regional road upgrade project as part of broader Goulburn Valley transportation network enhancement.

2.0 km

Agricultural Land Rezoning Study

3 km
Residential subdivisionProposed

Council-led strategic investigation into potential residential development on fringe agricultural land.

3.0 km
Source: StMate AI — VIC development trends07/06/2026
Disclaimer: This report combines data from Australian Government open data portals (CC-BY 4.0) and StMate AI. For non-NSW properties some sections (zoning, flood, bushfire, development, heritage) are AI-generated based on publicly known suburb characteristics — always verify with the relevant council or authority before making decisions. This report does not constitute legal, financial, or planning advice.

Within 5km

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