140 Mirboo-Yarragon Road, Allambee South, VIC 3871 | Property Value & History | OnTheHouse
OFF MARKET

140 Mirboo-Yarragon Road
Allambee South VIC 3871

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Land area: 176079m2
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Last updated 13 Oct 2025
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Property Details for 140 Mirboo-Yarragon Rd, Allambee South

Building Type
Land
Land Size
176079m2
Local Government
South Gippsland
Lot/Plan
1/TP132642

Last Listing description (December 2025)

Set among the rolling hills of the Strzelecki Ranges, 140 Mirboo-Yarragon Road combines masterful post-and-beam craftsmanship with the beauty of a tranquil rural setting. Spanning 43.51 acres, the property offers fertile farmland, abundant water, and a home that blends bluestone, rich timbers, and brickwork into a timeless retreat.

Inside, soaring raked ceilings, exposed beams, and large timber windows create warmth and space, framing sweeping views across the landscape. The kitchen pairs blackwood cabinetry, granite benchtops, and a 900mm ILVE inbuilt electric oven with 5 burner gas cooktop, with seamless flow to the family and dining areas. Outdoors, a paved front porch wrapping to the eastern side, with timber-lined eaves, provides the perfect spot for relaxation and alfresco dining.

Upstairs, two generous bedrooms enjoy vaulted ceilings and outlooks over the land, while the central bathroom below features a dual-head shower, cast-iron bath, and granite-topped blackwood vanity. Powder rooms on each level and a functional laundry with outdoor access complete the design.

Water security is exceptional, with the Watkins and Elizabeth Creeks merging just below the home, three permanent springs one flowing through a chain of ponds into the main dam and a 75,000L rainwater fed concrete tank.

Infrastructure is equally impressive: a double carport, a powered 12m x 6m shed with concrete floor and shelving, three large paddocks, and smaller paddocks near the house, currently home to sheep. Larger paddocks are leased, returning $3,600 annually, with stockyards adjoining the old dairy for ease of management.

Located just 13 minutes from Mirboo North, 25 minutes from Leongatha, with easy access to the Latrobe Valley and under two hours from Melbourne, this property balances privacy with convenience. A nearby school bus stop ensures family practicality and reliable Telstra mobile coverage provide modern connectivity. A rare blend of craftsmanship, water security, and lifestyle appeal, this is a property where enduring quality meets rural tranquillity.

Property History for 140 Mirboo-Yarragon Rd, Allambee South, VIC 3871

A timeline of how this property has performed in the market
  • 13 Oct 2025
    Listed for Sale $1,150,000 - $1,250,000
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About Allambee South 3871

The size of Allambee South is approximately 10.3 square kilometres. The population of Allambee South in 2016 was 76 people. By 2021 the population was 61 showing a population decline of 19.7% in the area during that time. The predominant age group in Allambee South is 60-69 years. Households in Allambee South are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Allambee South work in a managers occupation.In 2021, 110.70% of the homes in Allambee South were owner-occupied compared with 103.50% in 2016.

Allambee South has 44 properties. As at 30 November 2025:

  • The median value for Houses in Allambee South is $983,949 while the median value for Units is $239,070.
There are currently no properties listed for sale, and no properties listed for rent in Allambee south on OnTheHouse. According to Cotality's data, no properties were sold in the past 12 months in Allambee south.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.