8537 Princes HighwayAllestree VIC 3305
Property Details for 8537 Princes Hwy, Allestree
8537 Princes Hwy, Allestree is a 3 bedroom, 1 bathroom AcreageSemi-rural. The property has a land size of 15ac. While the property is not currently for sale or for rent, it was last sold in August 2026. There are other 3 bedroom AcreageSemi-rural sold in Allestree in the last 12 months.
Last Listing description (August 2026)
Conveniently positioned just minutes from town, this 15-acre (6 hectare) lifestyle property offers space, privacy and enormous potential. Lovingly held by the current owner for 42 years, the original homestead is now ready for its next chapter.
Set well back from the highway and nestled amongst mature trees, the property enjoys a peaceful, private setting. While the charming weatherboard home does require quite a bit of work, it presents a wonderful opportunity to renovate and personalise to your own taste — securing the lifestyle dream at an achievable price point.
For the savvy buyer, there’s also the exciting option to live comfortably in the existing home while building your dream residence further back on the property (STCA). Power is already available behind the home, previously servicing an old shed, making future plans even more appealing — especially with the potential to capture sweeping ocean and town views.
The land itself is well set up, with near-new electric fencing dividing it into three paddocks.
Established fruit trees are scattered throughout the property, while the remainder offers a blank canvas for further landscaping or improvements.
Yes, the home needs quite a bit of TLC — but at this price, in this location, and with this scale of opportunity, the potential here is undeniable.
A rare chance to secure acreage close to town and create something truly special.
NB: Boundary lines are an approximate only.
Property History for 8537 Princes Hwy, Allestree, VIC 3305
- 13 Aug 2026Sold for $535,000
- 24 Feb 2026Listed for Sale $545,000 - $575,000
- 09 Sep 1983Sold for $49,500
Recent sales nearby
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0About Allestree 3305
The size of Allestree is approximately 10.0 square kilometres. There is 1 park, covering nearly 0.9% of the total area. The population of Allestree in 2016 was 128 people. By 2021 the population was 168 showing a population growth of 31.2% in the area during that time. The predominant age group in Allestree is 60-69 years. Households in Allestree are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Allestree work in a trades occupation.In 2021, 79.00% of the homes in Allestree were owner-occupied compared with 73.40% in 2016.
Allestree has 145 properties. Over the last 5 years, Houses in Allestree have seen a 23.36% increase in median value. As at 31 August 2026:
- The median value for Houses in Allestree is $603,189.
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