245 Parish Road, Iona, VIC 3815 | AcreageSemi-rural for sale | OnTheHouse
 
FOR SALE
$1,500,000 - $1,650,000

245 Parish Road
Iona VIC 3815

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
Land area: 27ac
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A Rare Rural Offering Blending Lifestyle, Income & Opportunity

This exceptional rural property seamlessly blends lifestyle, income, and opportunity. Set on approximately 27 acres (10.87 hectares) in the heart of West Gippsland and zoned Green Wedge (GWZ), it is just minutes from Bunyip, Garfield, and Pakenham. It offers a rare chance to secure a stunning home, impressive equine infrastructure, and dual-living options in a tightly held location.
The fully renovated four-bedroom home is a stylish modern residence featuring open-plan living, a well-appointed kitchen, luxurious bathrooms, and abundant natural light. Every detail has been carefully curated to deliver both comfort and class. An expansive undercover entertaining area extends the living space outdoors, creating the perfect setting for family gatherings, relaxed weekends with friends, or peaceful evenings overlooking the sweeping views across the property.
Designed with functionality and care, the equine facilities include 17 well-maintained horse paddocks, all booked year-round. This established agistment business provides a strong and consistent annual income. Complementing the main residence is a separate, self-contained second dwelling, ideal for extended family, guests, or rental opportunities.
The property also features extensive shedding and infrastructure, including large Colorbond sheds, a lock-up machinery shed, workshop space, a two-bay hay shed, and ample parking. A reliable water supply is assured with bore water, an electric pump, and reticulated troughs servicing all paddocks.
Perfectly positioned, the property offers peace and privacy while remaining just a short drive from nearby towns and essential services. Easy access to major roads and the Princes Freeway ensures simple commuting, while the tranquil surroundings provide a calm retreat from city life.
This property is ideal for equestrian enthusiasts, agistment operators, extended families, investors seeking rural income streams, or anyone looking for a lifestyle property with modern comforts. Opportunities like this are rare – especially one that delivers such a powerful combination of lifestyle and income.
Homes and Acreage is proud to be offering this stunning rural property for sale. To arrange an inspection or for further information, please contact Karl Richmond on 0429 008 550.
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Property Details for 245 Parish Rd, Iona

245 Parish Rd, Iona is a 4 bedroom, 2 bathroom AcreageSemi-rural with 4 parking spaces. The property has a land size of 27ac. The place is currently for sale with Homes and Acreage.

Building Type
AcreageSemi-rural
Land Size
27ac
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About Iona 3815

The size of Iona is approximately 24.6 square kilometres. The population of Iona in 2016 was 228 people. By 2021 the population was 240 showing a population growth of 5.3% in the area during that time. The predominant age group in Iona is 10-19 years. Households in Iona are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Iona work in a managers occupation.In 2021, 86.10% of the homes in Iona were owner-occupied compared with 84.50% in 2016.

Iona has 133 properties. Over the last 5 years, Houses in Iona have seen a 45.33% increase in median value. As at 30 November 2025:

  • The median value for Houses in Iona is $757,771 while the median value for Units is $985,246.
There are currently 2 properties listed for sale, and no properties listed for rent in Iona on OnTheHouse. According to Cotality's data, 3 properties were sold in the past 12 months in Iona.

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Karl Richmond
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Rahni Mann
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