1 Bank Street, Avenel, VIC 3664 | Property Value & History | OnTheHouse
OFF MARKET

1 Bank Street
Avenel VIC 3664

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2086m2
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Property Details for 1 Bank St, Avenel

Building Type
Commercial
Land Size
2086m2
Local Government
Strathbogie
Lot/Plan
2/PS628021

Last Listing description (June 2026)

Steeped in history and proudly positioned in the centre of Avenel, the iconic Harvest Home presents a rare opportunity to secure one of regional Victoria's most recognised hospitality and accommodation freeholds.

Originally constructed circa 1870, Harvest Home has been a cornerstone of the Avenel community for more than 150 years. Over its remarkable lifetime, the property has served as a hotel, residence, retail premises, dining destination and boutique accommodation venue, continually evolving while retaining the character and charm that have made it a local landmark.

Today, this historic property stands as a significant freehold offering, combining heritage appeal, established hospitality infrastructure and a strategic position within one of Victoria's most accessible regional townships.

Set on a prominent corner allotment overlooking the railway corridor and within walking distance of the town centre, Harvest Home enjoys exceptional exposure and a commanding presence that is instantly recognisable to locals and visitors alike. The property has undergone extensive restoration in recent years, thoughtfully preserving its period features while enhancing its appeal for modern hospitality and accommodation use.

Rich Heritage, Endless Possibilities
Harvest Home's story is closely tied to the history of Avenel itself. Built during a period when the township was flourishing as an important stop on the Melbourne-to-Sydney route, the property has witnessed generations of travellers, locals and visitors pass through its doors. The building forms part of the broader historical fabric of Avenel, a town established in the 19th century along the historic Old Sydney Road and renowned for its links to Ned Kelly and Victoria's early pastoral settlement.
The opportunity exists for astute purchasers to continue the property's hospitality legacy, further develop accommodation offerings, establish a destination restaurant, events venue, boutique hotel or explore other commercial opportunities (STCA).

Discover Avenel
Located approximately 129km north of Melbourne, Avenel is a charming and rapidly growing township within the Strathbogie Shire. The town is celebrated for its heritage buildings, strong community spirit, proximity to wineries and access to the picturesque Strathbogie Ranges and Goulburn Valley region.
Avenel is perhaps best known as the childhood home of Ned Kelly, with the famous bushranger spending part of his youth in the district. The town's rich history, village atmosphere and growing tourism appeal continue to attract visitors seeking authentic regional Victorian experiences.

Connectivity & Location
Avenel benefits from excellent transport links via the Hume Freeway and V/Line rail services, making it highly accessible from Melbourne and regional centres.

Approximate travel times:
• Melbourne CBD (129km) - 1 hour 30 minutes
• Seymour (20km) - 15 minutes
• Nagambie (18.7km) - 15 minutes
• Euroa (35km) - 20 minutes
• Shepparton (72km) - 50 minutes
• Albury/Wodonga - 1 hour 45 minutes

Key Highlights
• Historic freehold known as the Harvest Home
• Landmark hospitality asset established circa 1870
• Significant position within the heart of Avenel
• Rich heritage and strong local identity
• Extensive restoration and presentation improvements undertaken
• Boutique accommodation and hospitality infrastructure
• Outstanding tourism and destination appeal
• Convenient access to Melbourne and major regional centres
• Rare opportunity to secure a tightly held regional Victorian landmark

Harvest Home represents far more than a property acquisition. It is an opportunity to own a piece of Victorian history, a cherished community landmark and a hospitality asset with a legacy spanning more than a century and a half.

For investors, operators and visionaries seeking a truly unique regional offering, opportunities of this calibre are exceptionally rare.

Property History for 1 Bank St, Avenel, VIC 3664

A timeline of how this property has performed in the market
Last Sold
$550,000
18 Apr 2012
Listed for Rent
$1.38k/w
04 Jul 2018
  • 09 Feb 2026
    Listed for Sale For Sale by Expressions of Interest
  • 30 Apr 2018
    Listed for Rent $780,000 / year
  • 18 Apr 2012
    Sold for $550,000
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About Avenel 3664

The size of Avenel is approximately 205.7 square kilometres. There are 3 parks, covering nearly 0.2% of the total area. The population of Avenel in 2016 was 1048 people. By 2021 the population was 1112 showing a population growth of 6.1% in the area during that time. The predominant age group in Avenel is 60-69 years. Households in Avenel are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Avenel work in a managers occupation.In 2021, 82.20% of the homes in Avenel were owner-occupied compared with 78.00% in 2016.

Avenel has 847 properties. Over the last 5 years, Houses in Avenel have seen a 30.82% increase in median value. As at 30 June 2026:

  • The median value for Houses in Avenel is $574,442 while the median value for Units is $453,612.
  • Houses have a median rent of $440.
There are currently 5 properties listed for sale, and no properties listed for rent in Avenel on OnTheHouse. According to Cotality's data, 40 properties were sold in the past 12 months in Avenel.

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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.