499 & 531 Kerrs Road, Milawa, VIC 3678 | Rural for sale | OnTheHouse
 
FOR SALE
Offered in 2 Lots by EOI Close 23/10/2026

499 & 531 Kerrs Road
Milawa VIC 3678

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 134.38ha
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‘DELORAINE’ – PRIME OVENS VALLEY RIVER FLATS WITH WATER, SCALE & PRODUCTIVITY

Deloraine is being offered to the market by Expressions Of Interest closing 23/10/2026 with two options to purchase
Option 1; House and 46.06 Ha (114ac aprox) on 1 title in 2 not adjoined parcels.
Option 2; Deloraine as a whole as advertised in this description.
Set amongst the highly regarded farming country of the Ovens Valley, just minutes from Milawa, ‘Deloraine’ represents an outstanding opportunity to secure a proven and highly productive rural holding with substantial water resources, quality improvements and genuine scope for further development.
Held and operated as a dairy farm for generations, Deloraine comprises approximately 135 hectares (334 acres) of productive floodplain country across three contiguous freehold titles, with extensive road frontage and four local road access points.
A major feature of the property is its exceptional water security. Deloraine benefits from a 286-megalitre extraction licence, together with additional groundwater and low-security irrigation entitlements. Tea Garden Creek, a regulated anabranch of the Ovens River, passes through the property, providing an important natural and irrigation asset.
The farm has demonstrated the capacity to milk up to 290 cows while also supporting younger weaner cattle. Recent investment has focused on lifting productivity through pasture renovation, fertiliser applications, improved pasture management and upgrades to both the dairy and irrigation infrastructure.
Predominantly ryegrass pastures with an abundance of clover provide a strong productive base, supported by the property's fertile river-flat soils and extensive water resources.
IMPROVEMENTS INCLUDE
• Modern three-bedroom brick veneer residence, built in 2016 and surrounded by established gardens
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Property Details for 499 & 531 Kerrs Rd, Milawa

Building Type
Rural
Land Size
134.38ha
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About Milawa 3678

The size of Milawa is approximately 67.0 square kilometres. The population of Milawa in 2016 was 587 people. By 2021 the population was 588 showing a population growth of 0.2% in the area during that time. The predominant age group in Milawa is 60-69 years. Households in Milawa are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Milawa work in a professional occupation.In 2021, 89.90% of the homes in Milawa were owner-occupied compared with 84.40% in 2016.

Milawa has 333 properties. Over the last 5 years, Houses in Milawa have seen a 11.28% increase in median value. As at 31 August 2026:

  • The median value for Houses in Milawa is $724,509 while the median value for Units is $443,975.
There are currently 1 property listed for sale, and 1 property listed for rent in Milawa on OnTheHouse. According to Cotality's data, 11 properties were sold in the past 12 months in Milawa.

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