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797 Midland Highway

Mount Rowan, VIC 3352, Australia
$500,000
3 bed 1 bath 2 car

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Area Price Guide
$470,000$530,000

Indicative price guide range

🏘️
72
Comparable
📊
$620,000
Area median
⚖️
-19%
vs median
🗓️
1 month ago
Listed

Approximate location shown. Contact agent for exact address.

Property Insights

Schools · zoning · transport · traffic · flood · bushfire · crime · development · heritage

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About this property

Once in a lifetime opportunity to secure a versatile and productive acreage exclusively situated 8km North of Ballarat's CBD (less than a 15 minute drive). Featuring a spacious brick veneer dwelling accommodating three double bedrooms all with BIR's, separate formal lounge and quality country style kitchen with island bench and electric appliances. The bathroom has enjoyed a comprehensive update and features a walk in shower. Outside there are established gardens, detached double lock up garage and store. Farm improvements include 12.5M x 32M under cover cattleyards, 12M x 11M stable complex containing six loose boxes (mains power and water connected) workshop and large storage shed. A central laneway leads to hayshed and provides access to a series of mainly arable paddocks serviced with a reticulated trough system. Consisting of two separate titles with frontages two the Midland Highway and Sharpes Road and while presently Zoned "Farming Zone," this property is strategically located only 800M from Urban Growth Zone and 150m from Rural Living Zone. This proximity offers a compelling benefit for a longer-term land bank investment with likely future development potential.

Property Features

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    Repayment calculator

    $2,424/month
    $1,212 /fortnight
    Loan $400,000 at 6.10% over 30 years

    Upfront costs

    Deposit$100,000
    Stamp duty$25,070
    Conveyancing (est.)$2,000
    Total upfront$127,070
    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.

    Property Details

    Property Type
    house
    Listing Type
    For Sale
    Bedrooms
    3
    Bathrooms
    1
    Parking
    2
    Listed
    1 month ago

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