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32 Five Gums Lane, Heathcote$785,000
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Soldhouse

32 Five Gums Lane

Heathcote, VIC 3523, Australia
$785,000
3 bed 3 bath 2 car4.05 ha

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About this property

Nestled along the picturesque Wild Duck Creek, Five Gums Retreat offers an unparalleled opportunity to embrace a tranquil rural lifestyle. Set on 4.009 hectares (approximately 10 acres) of prime grazing land, this unique property boasts not only scenic views and fertile creek flats but also an exceptional dual-dwelling setup that can cater to a variety of living arrangements. The main dwelling, a charming two-bedroom house, has undergone thoughtful renovations, blending classic character with modern comforts. Stained wooden doors and timber floors flow throughout, with a welcoming entrance hall leading into spacious living areas. The light-filled interiors offer plenty of space for entertaining, including a formal dining room with an open fireplace, a relaxed open-plan sitting room with a wood heater, air conditioning, and a breakfast bar overlooking the stylish galley kitchen. The kitchen is a chef's dream, featuring underfloor heating, Travertine tiles, double ovens, an electric cooktop, a walk-in pantry, and ample workspace. The large adjoining deck is perfect for alfresco dining, offering stunning views across to the creek and surrounding countryside. Both double bedrooms are carpeted and feature built-in wardrobes, with the master bedroom offering a luxurious ensuite complete with underfloor heating and honed Travertine tiles. The family bathroom also benefits from underfloor heating. Additional practicalities include a separate laundry, linen closet, and abundant storage throughout the home. The self-contained Guest House provides a private retreat with its own unique charm. With two open-plan living areas on separate levels, it offers an office or study space, a well-equipped kitchen with electric oven and gas cooktop, and a cosy sitting/dining area with split-system air conditioning and a freestanding wood heater. The double bedroom includes an ensuite, and a separate laundry adds convenience. The wooden tongue-and-groove ceilings and timber deck that spans the width of the house create a warm, inviting atmosphere, with sweeping views of the undulating landscape, towering gum trees, and Wild Duck Creek. The property's idyllic setting includes a 250-meter frontage to Wild Duck Creek, perfect for fishing or just a summertime swim. The land offering ample space for grazing, with an additional motorbike trail or simply enjoying the outdoors. There are two reliable bores, with one connected to garden taps, and a total water tank capacity of approximately 159,000 litres, ensuring reliable water supply year-round. Additional features include a secure garage with power, a garden shed, and ample storage. Wifi internet access is available in both houses, keeping you connected while enjoying the tranquillity of rural living. The property is currently tenanted until 26th August 2026 at $680 per week. Situated just 7 minutes from Heathcote, 40 minutes to Bendigo, and only 70 minutes to Melbourne Airport, Five Gums Retreat offers the perfect balance of peaceful rural living and convenient access to nearby amenities. The nearby Lake Eppalock is just a 10-minute drive away, offering opportunities for boating, skiing, fishing, and relaxing by the water. For wine enthusiasts, the renowned Heathcote wineries are also close by, offering world-class Shiraz for you to sample. Whether you're looking to enjoy the property in its entirety or capitalize on the income potential of the Guest House, Five Gums Retreat presents a rare and exceptional opportunity.

Property Details

Property Type
house
Listing Type
Sold
Bedrooms
3
Bathrooms
3
Parking
2
Land Area
4.05 ha
Listed
3 months ago

Repayment calculator

$3,806/month
$1,903 /fortnight
Loan $628,000 at 6.10% over 30 years

Upfront costs

Deposit$157,000
Stamp duty$42,170
Conveyancing (est.)$2,000
Total upfront$201,170
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 Heathcote

This 3-bedroom house in Heathcote, VIC 3523 sits within reach of public transport, local shops and nearby schools. It is listed 51% above the $520,000 median of 13 comparable houseswithin 5 km.

Schools near Heathcote

  • Heathcote Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • Mitchell St/Northern Hwy (bus)6.1 km away
  • Mitre 105.9 km away
  • Unnamed6.5 km away
  • Barrack Reserve6.7 km away
  • Heathcote Showgrounds6.9 km away

Heathcote at a glance

Full suburb profile
Population
2,962
Median age
57
Household income
$946/wk
Median rent
$255/wk
Median mortgage
$1,291/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Heathcote price trend

Median sold · House 3 bed

Compound growth +0.9% / yr over 4 yrs

$515kcurrent median

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