9/50 Spencer RoadAvenel VIC 3664
Property Details for 9/50 Spencer Rd, Avenel
9/50 Spencer Rd, Avenel is a 0 bedroom, 0 bathroom House. The property has a land size of 125655m2.
Last Listing description (December 2025)
Unique Opportunity - Adjoining Property Also Available - 30.84 acres Approx.
A legacy of the land, this property has been in the Spencer Family since the mid 1960's and has been utilized primarily for grazing purposes.
Comprising seven lots over 31.05 acres (19.21 acres in the TOWNSHIP ZONE and 11.84 acres in the FARMING ZONE) approx.
The property is designed to provide for residential development and a range of commercial, industrial, and other uses in small towns and encourage development that is responsive to the neighborhood character of the area.
Approx. 77,751sqm (19.21 acres) in the Township Zone - ideal for residential or mixed-use development
Approx. 47,904sqm (11.84 acres) in the Farming Zone - offering future flexibility
No Windfall Gains Tax applicable on the Township Zoned portion - adding to the investment appeal
Adjoins established residential estates on the western boundary
No planning overlays applicable
Prime location with easy access to the Hume Highway for seamless travel to Melbourne
Only 90 minutes by train to Southern Cross Station in the Melbourne CBD
Site is within easy walking distance to Avenel Primary School and Sporting Facilities
Parcel G is NOT part of this offering
A golden opportunity to capitalize on the growth of this increasingly popular regional township, just a short 90-minute drive or train ride from the city.
Located in the Shire of Strathbogie, Avenel boasts a strong base in equine, cropping, livestock, and wine industries, along with an explosion in the hospitality, retail, and tourism sectors.
Iconic tourist features nearby include - Lake Nagambie, Mitchelton Winery, the historic Tahbilk Winery, Fowles Winery, Bank Street Wood Fired Pizza and Garden and Harvest Home Restaurant.
A Rare Opportunity - Act Now!
To view the Avenel Township Strategy and Vendor statement for the property, please use this link: https://vltre.co/8psaDX
In conjunction with Ray White Nagambie
Contact us for further information on:
Romano Cellante: romanoc@rosshunt.com.au - 0412 100 989
Mark Boyer: mark.boyer@raywhite.com - 0418 941 628
Emma Hendy: emma.hendy@raywhite.com - 0431 049 730
Property History for 9/50 Spencer Rd, Avenel, VIC 3664
- 15 Apr 2025Listed for Sale $3,400,000
Recent sales nearby
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0About Avenel 3664
The size of Avenel is approximately 205.7 square kilometres. It has 3 parks covering nearly 0.2% of 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 843 properties. Over the last 5 years, Houses in Avenel have seen a 38.16% increase in median value. As at 30 November 2025:
- The median value for Houses in Avenel is $591,616 while the median value for Units is $510,467.
- Houses have a median rent of $440.
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