55 Mcdougal Road, Neerim South, VIC 3831 | AcreageSemi-rural for sale | OnTheHouse
 
FOR SALE
$2,000,000 - $2,200,000

55 Mcdougal Road
Neerim South VIC 3831

Bedrooms: 5
Bathrooms: 2
Car spaces: 6
Land area: 4.9ac
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Chestnut Hill Homestead

Registered Buyer Inspection - Tuesday 16th December 5pm-6pm
Register your details to amy@homesacreage.com.au
Set on five generous acres in Neerim South (approx.), this exceptional landholding unites a substantial five-bedroom homestead with three independent cottages, delivering a rare blend of lifestyle depth and established income. A north-facing aspect captures mountain outlooks across surrounding farmland, with the town centre just one kilometre away.
The homestead is defined by scale, presence and material authenticity. Bluestone and handmade mudbrick walls are supported by century-old redgum and ironbark bridge timbers, while soaring ceilings bring space and light through the main living zones. Structure and story are seamlessly intertwined.
Built over eight years, the home incorporates more than 3,500 handmade mudbricks and a roof framework formed from 150-year-old Oregon beams originally shipped from Canada and once used within Melbourne’s Carlton & United Brewery. Heritage detail continues inside through bespoke leadlight inspired by Warragul’s historic station, tessellated tiles reclaimed from the former town of Yallourn, a bluestone and redbrick fireplace sourced from Williamstown, and a Victorian door surround from Ballarat. An engraved Oregon beam crowns the bay window as a signature of its original bridge maker.
The kitchen anchors the layout, with family and meals to one side and lounge, dining and sitting rooms to the other. Bedrooms are positioned at opposite ends of the home, led by an ensuited main suite, with two further robed bedrooms supported by the primary twin-vanity bathroom, powder room and laundry, while a spiral staircase rises to a loft-style fifth bedroom above.
Outdoor living unfolds across wide wraparound verandahs to a sheltered alfresco beside the outdoor spa, deck and bluestone wine cellar, the latter fitted with century-old butcher’s cool store doors. A wood-fired pizza oven with 100-year-old doors invites a natural gathering point, complemented by a fire-pit and playground within the house yard.
Across the broader landscape, the driveway curves past a turning circle and fountain to the 4 high bay shed perfect for storing the caravan and horsefloat with a garden pond, wood storage, 1-megalitre dam and separate billabong positioned beyond. Multiple paddocks and two cleared areas provide scope for an equestrian arena and an additional shed if desired (STCA).
The American barn with mezzanine incorporates two self-contained cottages, while the freestanding Mudbrick Cottage adds extra two-bedroom accommodation. Advance bookings are already secured through to April 2026, highlighting strong and consistent demand.
Offered to the market for the very first time, this is a property of genuine distinction — where material history, residential scale and income versatility combine within one tightly held setting, the kind that is seldom released.
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Property Details for 55 Mcdougal Rd, Neerim South

55 Mcdougal Rd, Neerim South is a 5 bedroom, 2 bathroom AcreageSemi-rural with 6 parking spaces. The property has a land size of 4.9ac. The place is currently for sale with Homes and Acreage.

Building Type
AcreageSemi-rural
Land Size
4.9ac
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About Neerim South 3831

The size of Neerim South is approximately 63.9 square kilometres. It has 9 parks covering nearly 1.3% of total area. The population of Neerim South in 2016 was 1305 people. By 2021 the population was 1599 showing a population growth of 22.5% in the area during that time. The predominant age group in Neerim South is 60-69 years. Households in Neerim South are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Neerim South work in a managers occupation.In 2021, 86.20% of the homes in Neerim South were owner-occupied compared with 82.90% in 2016.

Neerim South has 1,001 properties. Over the last 5 years, Houses in Neerim South have seen a 34.72% increase in median value, while Units have seen a 7.79% increase. As at 30 November 2025:

  • The median value for Houses in Neerim South is $678,170 while the median value for Units is $449,736.
  • Houses have a median rent of $495.
There are currently 35 properties listed for sale, and no properties listed for rent in Neerim south on OnTheHouse. According to Cotality's data, 39 properties were sold in the past 12 months in Neerim south.

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