531 Werribee Vale Road, Maddingley, VIC 3340 | Rural for sale | OnTheHouse
 
FOR SALE
Private Sale - $3,200,000 to $3,500,000View Property Price Statement

531 Werribee Vale Road
Maddingley VIC 3340

Bedrooms: 3
Bathrooms: 1
Car spaces: 10
Land area: 156ha
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"Niagra Park" - A Generational Opportunity!

Held by the same family for generations, three contiguous titles on the Werribee River are being offered to the market for over a century - bordering Werribee Gorge State Park, 155.56ha* on Melbourne's western fringe.
Overview
"Niagra Park" comprises three contiguous titles totalling 155.56*ha / 384.4* acres (Lot 1, Lot 2 and Lot 3 on TP244883), forming part of a family landholding farmed continuously for generations. Zoned Farming Zone (Moorabool Shire), the offering blends fertile Werribee River flats, elevated grazing country and dramatic native escarpment, together with the original homestead site and irrigation water entitlements.
The Homestead
The original homestead site sits within the holding, reflecting the family's continuous occupation over generations. The interior of the homestead is being updated with a refurbished kitchen, living areas and bathroom, incorporating fresh new paint and floor boards. Surrounding farm infrastructure have had limited recent investment and update but the opportunity here is the land and location.
The Land
Access to "Niagra Park" is via the sealed Werribee Vale Road at Maddingley, a road that weaves along the Werribee River valley through rich horticultural land to the start of the Werribee River Gorge walking track.
On entry, the property's 200* metre driveway splits fertile cropping county on either side and leads toward the main homestead and a collection of sheds (some original to the property) used to store farm machinery and implements for decades. The homestead sits in a slightly elevated position, orientated to the east overlooking the driveway entrance and cropped fields. To the left is the Werribee River, to the right is a magnificent escarpment, to the west, a farm track crosses a short stoney rise that unlocks 30* hectares of arable private fertile Werribee River flats and native rising country reminiscent of outback Australia.
From an agricultural perspective, "Niagra Park" stands as a blank canvas suited to a range of uses - grazing, cropping, horticulture or a diversified mix. Predominant soil type across the district is red and brown chromosols, with average annual rainfall of 553mm^ recorded at the nearby Myrniong weather station. Southern Rural Water is the responsible water authority. Irrigation water entitlements included in the sale total 9ML, comprising 6.5ML high-reliability and 2.5ML low-reliability entitlement, as supplied by the vendor. Final entitlement volumes will be confirmed in the Vendor Statement.
The Werribee River & Werribee Gorge Country
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Property Details for 531 Werribee Vale Rd, Maddingley

Building Type
Rural
Land Size
156ha
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About Maddingley 3340

The size of Maddingley is approximately 25.4 square kilometres. There are 18 parks, covering nearly 3.8% of the total area. The population of Maddingley in 2016 was 3453 people. By 2021 the population was 5491 showing a population growth of 59.0% in the area during that time. The predominant age group in Maddingley is 30-39 years. Households in Maddingley are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Maddingley work in a professional occupation.In 2021, 73.50% of the homes in Maddingley were owner-occupied compared with 68.50% in 2016.

Maddingley has 3,452 properties. Over the last 5 years, Houses in Maddingley have seen a 11.84% increase in median value, while Units have seen a 15.72% increase. As at 30 September 2026:

  • The median value for Houses in Maddingley is $674,272 while the median value for Units is $469,097.
  • Houses have a median rent of $530 while Units have a median rent of $470.
There are currently 32 properties listed for sale, and 14 properties listed for rent in Maddingley on OnTheHouse. According to Cotality's data, 197 properties were sold in the past 12 months in Maddingley.

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Jason Hellyer
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Ray White Rural Victoria
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