Home/Properties/Kolora/"Myrtle Grove"/1050 Terang-Mortlake Road
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"Myrtle Grove"/1050 Terang-Mortlake Road

Kolora, VIC 3265, Australia
$499,000
4 bed 1 bath

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Area Price Guide
$469,060$528,940

Indicative price guide range

🏘️
1
Comparable
📊
$160,000
Area median
⚖️
+212%
vs median
🗓️
2 months ago
Listed

Approximate location shown. Contact agent for exact address.

Property Insights

Multi-dimensional analysis · last updated 06/05/2026

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Heritage

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About this property

Myrtle Grove, an exceptional c.1876 bluestone homestead and one of the Western District's noted rural residences. Set on approximately five acres of parkland gardens under a heritage overlay, this historic four bedroom property combines architectural pedigree, pastoral history, and an idyllic country lifestyle. Originally built for Western District pastoralist William Mathews, the homestead stands as a distinguished example of Victorian residential architecture, designed by noted architects Martin and Heard. The property has been well maintained, including a full electrical rewire and a re slating of the roof, ensuring its long-term preservation. Key Features of Myrtyle Grove include; Historic four-bedroom bluestone homestead (c.1876) in excellent condition, sympathetically maintained and updated. A fine example of Victorian architecture the home is constructed of bluestone with hipped slate clad roof. It features a veranda on three sides, featuring cast iron decorative friezes between cast iron columns. Approximately five acres of established parkland gardens protected by a heritage overlay. Spacious interior, including a large renovated kitchen, cosy sitting room, lounge, feature entrance hall, Cellar, store rooms, four bedrooms and a family bathroom. Original bluestone stables (c.1877) comprising a wagon/buggy room, blacksmith's room, stables and an upper loft. Prime Western District location, conveniently positioned within easy reach of Terang 12km, Mortlake 12km, Geelong 145km and Warrnambool 52km. Noorat the closest village - 5km and childhood home of author Alan Marshall is popular for its cafe, historic hotel, walking the Mount Noorat crater, annual country show and its volcanic landscape and historic stone walls. Schooling for both secondary and primary and regional service centres are located at both Mortlake and Terang. A rare opportunity to secure a landmark country residence with deep historical roots and timeless architectural appeal. A Landmark of the Western District Myrtle Grove offers the grace and character of a 19th century pastoral estate with the comfort and practicality expected of a modern rural home. Its bluestone construction, mature gardens and intact outbuildings create a uniquely authentic country setting in well-preserved condition. A delightful historic country house and an enviable rural lifestyle await its next custodian

Property Features

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    Repayment calculator

    $2,419/month
    $1,210 /fortnight
    Loan $399,200 at 6.10% over 30 years

    Upfront costs

    Deposit$99,800
    Stamp duty$25,010
    Conveyancing (est.)$2,000
    Total upfront$126,810
    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
    4
    Bathrooms
    1
    Listed
    2 months ago

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