329 Hepburn-Newstead Rd, Shepherds Flat is a 4 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 5.89ha. While the property is not currently for sale or for rent, it was last sold in September 2025. There are other 4 bedroom House sold in Shepherds Flat in the last 12 months.
Surrounded by panoramic vistas of rolling pastures and native bushland, this country homestead presides over 5.89ha (approx.) in a cherished location renowned for its natural beauty, only five minutes from Hepburn and ten minutes from Daylesford. Elevated, with outlooks across landscaped gardens and undulating countryside, the property is accompanied by a separate freestanding studio.
A wraparound decked verandah encases the interior spaces, extending to provide an inviting place to retreat, relax and admire the surrounds, including views across to Mount Franklin. Northern light fills the living zone, where timber accents and beautifully curated interiors combine with a Ned Kelly wood heater and raked ceilings to create a tranquil ambience and sense of space. Three robed bedrooms include the primary bedroom with an ensuite, complemented by a stylish fitted family bathroom. New light fittings, a updated kitchen, sunroom, laundry/mud room, luxury flooring and plush carpet are a few of the additional features on offer, while outside, six water tanks, a 1.5kw solar panel system, paddock shed and garage establish good practicality.
** We have obtained all information in this document from sources we believe to be reliable, however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
The size of Shepherds Flat is approximately 26.8 square kilometres. It has 5 parks covering nearly 49.8% of total area. The population of Shepherds Flat in 2016 was 66 people. By 2021 the population was 71 showing a population growth of 7.6% in the area during that time. The predominant age group in Shepherds Flat is 50-59 years. Households in Shepherds Flat are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Shepherds Flat work in a trades occupation.In 2021, 96.70% of the homes in Shepherds Flat were owner-occupied compared with 80.70% in 2016.
Shepherds Flat has 82 properties. Over the last 5 years, Houses in Shepherds Flat have seen a 132.20% increase in median value. As at 28 February 2026:
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