1-3 Tarrawarra Road, Coldstream presents nearly 200 acres of premium Yarra Valley pasture a remarkable parcel of land offering space, potential and lifestyle. Whether you're looking to establish a productive farm, create a peaceful rural escape, or invest in a prime holding in one of Victoria's most admired regions, this property is the perfect base.
The home is a spacious and practical five-bedroom, two-bathroom plus an additional toilet, designed for comfort and functionality. At its heart is the main living area, fully carpeted and warmed by a wood heater the ideal spot to unwind after a long day. From here, step out onto the covered deck, a peaceful place to enjoy the outlook across the paddocks and take in the views toward Yarra Glen and the Kinglake Ranges.
The living room connects through to the open-plan kitchen and dining area, where you'll find laminate benchtops, a double sink, electric cooktop, wall oven and a walk-in pantry. The kitchen offers ample storage and overlooks the fenced backyard, making it easy to keep an eye on pets or kids at play. Off the dining space is a raised study nook a practical and flexible area that's ideal for working from home or setting up a quiet reading corner.
Down the hallway, the home offers excellent storage with built-in wardrobes in every bedroom and additional hallway cupboards. Four of the five bedrooms feature ceiling fans and their own split systems, and all enjoy lovely natural light and views of the surrounding land. The main bathroom includes a spa bath, double vanity and separate shower, while the master suite features a generous walk-in robe and a private ensuite with shower, toilet and vanity.
Other practical inclusions include a large laundry, a mudroom and a separate storage room perfect for keeping the home organised and tidy after a day on the land. A two-car carport is attached to the house, and just steps away are a large shed, a four-bay machinery shed (both on concrete slabs), and an additional storage shed for extra convenience.
The property itself is currently divided into three large paddocks, providing versatility for grazing, farming or other rural pursuits. With its vast acreage, comfortable home and peaceful setting, this is a rare opportunity to secure a substantial holding in the heart of the Yarra Valley.
The size of Coldstream is approximately 55.8 square kilometres. It has 10 parks covering nearly 0.5% of total area. The population of Coldstream in 2016 was 2164 people. By 2021 the population was 2199 showing a population growth of 1.6% in the area during that time. The predominant age group in Coldstream is 30-39 years. Households in Coldstream are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Coldstream work in a trades occupation.In 2021, 83.90% of the homes in Coldstream were owner-occupied compared with 85.10% in 2016.
Coldstream has 1,021 properties. Over the last 5 years, Houses in Coldstream have seen a 29.64% increase in median value, while Units have seen a 52.47% increase. As at 30 November 2025:
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