Paradise Plains/550 Paradise Falls Rd, Cheshunt, VIC 3678 | Rural for sale | OnTheHouse
FOR SALE
$1,995,000

Paradise Plains/550 Paradise Falls Road
Cheshunt VIC 3678

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 334ac
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'Paradise Plains' - A Rural Oasis in the Upper King Valley

Elders Real Estate Wangaratta are proud to present an exceptional and unique property known as 'Paradise Plains'. Situated at 550 Paradise Falls Road in Cheshunt, Upper King Valley, this pristine rural holding, covering 135 hectares (or 334 acres) of fully cleared and productive farmland, is a remarkable opportunity for those seeking a blend of recreation, lifestyle, and farming on a grand scale.
The Perfect Rural Escape
The property is located just ten kilometers away from the charming Cheshunt township, where you'll find essential amenities such as a general store, bakery, and the iconic Cheshunt Public Hall. Offering a rare combination of convenience and seclusion. Additionally, the property is conveniently situated near Whitfield, a renowned gastronomic and winery district, offering an array of overnight accommodation options for visitors.
Farming and Lifestyle Excellence
'Paradise Plains' is not just a place of exceptional farming and cattle breeding potential, but also offers an idyllic living and lifestyle experience. The current owners, who come from professional backgrounds in aerospace engineering and construction, have meticulously crafted this property into a haven of excellence.
The centerpiece is a fully engineered, council-permitted, steel-framed residence clad in durable Colorbond. Measuring an impressive 15 x 15 meters with a six-meter internal spanning height. This structure features six bedrooms, four of which are on the mezzanine level, along with two family bathrooms, a fully equipped kitchen, and expansive living areas. The interior is complemented by a significant wood-fired combustion heater, abundant downlighting, and a roller door for easy access. The building is fully insulated, ensuring comfort year-round.
One remarkable aspect of this structure is the panoramic southern view it offers, showcasing the breathtaking Mount Cobbler and the Alpine National Park, which neighbours the property. The building is self-sufficient, with an inground septic sewerage system, a substantial rainwater tank collection, and a large solar panel assembly that provides 240-volt power throughout.
Adjacent to the residence, a spacious 13 by 10-metre high-clearance workshop, machinery shed, and feed storage facility meets all the farm's equipment and storage needs. The property also boasts a set of steel cattle yards with a loading race, designed for ease of use and efficiency.
Land and Livestock Opportunities
The property has hosted up to forty-two head of cattle, but it is ideally suited for a cow and calf enterprise with more substantial stock numbers, thanks to its fully developed pasture capacity. Permanent creeks and a drought-proof spring, along with multiple dam sites for stock water, take full advantage of the high rainfall. The boundary has been meticulously re-fenced with concrete posts and quality wire fencing. There are plans to increase internal paddock subdivisions and implement a pasture development program to maximize productivity.
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Property Details for Paradise Plains/550 Paradise Falls Rd, Cheshunt

Building Type
Rural
Land Size
334ac
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About Cheshunt 3678

The size of Cheshunt is approximately 161.1 square kilometres. It has 3 parks covering nearly 46.7% of total area. The population of Cheshunt in 2016 was 231 people. By 2021 the population was 213 showing a population decline of 7.8% in the area during that time. The predominant age group in Cheshunt is 60-69 years. Households in Cheshunt are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Cheshunt work in a managers occupation.In 2021, 79.30% of the homes in Cheshunt were owner-occupied compared with 87.10% in 2016.

Cheshunt has 154 properties. Over the last 5 years, Houses in Cheshunt have seen a 117.13% increase in median value, while Units have seen a -78.99% decrease. As at 30 November 2025:

  • The median value for Houses in Cheshunt is $591,746 while the median value for Units is $648,531.
There are currently 1 property listed for sale, and no properties listed for rent in Cheshunt on OnTheHouse. According to Cotality's data, 2 properties were sold in the past 12 months in Cheshunt.

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Michael Everard
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Dave Colvin
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Elders Rural Services Australia
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.