145 Shergolds Lane, Dromana, VIC 3936 | AcreageSemi-rural for sale | OnTheHouse
 
FOR SALE
$3,850,000 - $3,990,000

145 Shergolds Lane
Dromana VIC 3936

Bedrooms: 5
Bathrooms: 3
Car spaces: 16
Land area: 15.5ac
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A Multi-Generational Rural Retreat with Exceptional Infrastructure on 15.5 Acres (Approx.)

Steeped in history as a dairy farm dating back to the 1890s and later enjoyed as a holiday retreat in the 1970s by some of Australian television’s biggest personalities, this remarkable 15.5-acre (approx.) property presents a rare opportunity for multi-generational country living, exceptional equestrian infrastructure and a lifestyle rich in character.
Designed across two spacious levels, the residence thoughtfully integrates recycled materials from the original home with a suite of contemporary upgrades. Two generous living areas and an expansive dining zone anchor the lower level, showcasing hardwood floors, exposed brickwork and ceiling beams, fireplaces, and an array of French and bifold doors opening to a selection of alfresco spaces and the beautifully established gardens.
The fully modernised kitchen features a vast island bench and shaker-style cabinetry, complete with a 900mm oven and integrated dishwasher — ideal for both everyday living and entertaining. A semi self-contained suite on the upper level provides a bedroom, sitting room, balcony and rainshower bathroom, offering excellent accommodation for guests, extended family, or potential dual-living flexibility.
The sizeable master bedroom with walk-in robe opens directly to the garden and enjoys ensuite-style access to a modern two-way bathroom, while three additional bedrooms are positioned along a separate hallway and serviced by a third bathroom with spa bath.
Formerly operating as a pony training school, the property is intersected by picturesque Sheepwash Creek and comprises eight paddocks, loose boxes, watered stables, a menage and dam — delivering established infrastructure for horse enthusiasts, lifestyle buyers, or those seeking space to operate a home-based business. Recent improvements further enhance the property’s functionality, including a substantial new shed with three-phase power and new fencing throughout the paddocks.
Surrounded by renowned wineries and positioned just minutes from Boundary Road shops and cafés, Dromana township, the beach, local schools and freeway access, this exceptional acreage offers the perfect balance of rural lifestyle and everyday convenience.
Homes and Acreage is proud to be offering this property for sale – To arrange an inspection or for further information, please contact Penny Perry on 0448 004 673.
Features:
• Picturesque and character-filled country residence
• New 24m x 12m x 3.6m shed with four 6m bay sliding doors
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Property Details for 145 Shergolds Lane, Dromana

145 Shergolds Lane, Dromana is a 5 bedroom, 3 bathroom AcreageSemi-rural with 16 parking spaces. The property has a land size of 15.5ac. The place is currently for sale with Homes and Acreage.

Building Type
AcreageSemi-rural
Land Size
15.5ac
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About Dromana 3936

The size of Dromana is approximately 30.6 square kilometres. There are 19 parks, covering nearly 7.2% of the total area. The population of Dromana in 2016 was 5803 people. By 2021 the population was 6626 showing a population growth of 14.2% in the area during that time. The predominant age group in Dromana is 60-69 years. Households in Dromana are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Dromana work in a trades occupation.In 2021, 70.70% of the homes in Dromana were owner-occupied compared with 67.90% in 2016.

Dromana has 6,032 properties. Over the last 5 years, Houses in Dromana have seen a -3.78% decrease in median value, while Units have seen a -2.85% decrease. As at 31 July 2026:

  • The median value for Houses in Dromana is $956,548 while the median value for Units is $726,147.
  • Houses have a median rent of $680 while Units have a median rent of $620.
There are currently 41 properties listed for sale, and 13 properties listed for rent in Dromana on OnTheHouse. According to Cotality's data, 222 properties were sold in the past 12 months in Dromana.

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