540 Agar RoadCoronet Bay VIC 3984
Property Details for 540 Agar Rd, Coronet Bay
Last Listing description (February 2024)
Donovan + Co and Magic Millions are proud to present to the market, Lauriston Thoroughbred Farm. A breeding and pre-training equine farm, ideally located on the Coronet Bay coastline and a perfect land banking proposition. With expansive water views and a spacious modern homestead, 540 Agar Rd is indeed a rare find.
137.5 Acres / 55.67 Ha + Located between coastal townships, Corinella and Coronet Bay
Expansive North facing modern homestead with bay views
Timber and diamond mesh fencing + electrified standoffs
Corinella foreshore beach access (approx 1km) + Pre-training location of I WISH I WIN, INCENTIVISE, NATURE STRIP, KOLDING, VERRY ELEEGANT, SEPTEMBER RUN, ATISHU etc.
Town water
LAND/WATER: 137.5 acres or 55.67 hectares of gently undulating land, falling to the Northern boundary. Oversewn with perennial Rye and Clover.
Town water connects to the entire property + 30,000L rainwater storage off homestead + picturesque dam. Town sewer connection.
HOMESTEAD: North Facing architecturally designed executive homestead enjoys views across the farm and North to Western Port Bay and Tenby Point. Dual living and entertaining areas + 3 oversize bedrooms + Hardwood timber floors + Double glazed windows + 2.7m ceilings + Garage.
EQUINE: Main barn - Besser block, pitched roof and steel frame + 12 x 4.5m x 4.5m boxes + Staff unit/foaling accommodation + Vetting area + Staff toilet and shower. Parade ring + 10 x undercover yards + 5 x Floodlit day yards with shelters + Round yard.
FENCING: Timber post and rail with diamond mesh in intensive smaller paddocks and areas to post and top rail stand-off electric fencing to the remainder of the farm. Entire farm is electrified by 3 Gallagher units. Concrete troughs throughout.
LANDBANK: The popular coastal village of Coronet Bay borders the farm on the South and South Western boundaries, providing undeniable future development options. Corinella is a mere few kilometres to the North West, amplifying the lifestyle appeal of the farm both currently and into the future as the urban sprawl in this coastal region continues.
LOCATION:
45 mins Pakenham & Cranbourne
1hr 30 mins Melbourne CBD
1hr Mornington Peninsula
5 mins Corinella township
OFFERED FOR IMMEDIATE SALE, CONTACT AGENT!
Property History for 540 Agar Rd, Coronet Bay, VIC 3984
- 17 Oct 2023Listed for Sale Not Disclosed
- 03 Feb 2017Sold for $2,250,000
- 13 Apr 1991Sold for $350,000
Recent sales nearby
See more recent sales nearby
Similar properties For Sale nearby
See more properties for sale nearby
0
0
0
0
About Coronet Bay 3984
The size of Coronet Bay is approximately 5.0 square kilometres. It has 4 parks covering nearly 2.8% of total area. The population of Coronet Bay in 2016 was 791 people. By 2021 the population was 1108 showing a population growth of 40.1% in the area during that time. The predominant age group in Coronet Bay is 60-69 years. Households in Coronet Bay are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Coronet Bay work in a trades occupation.In 2021, 77.10% of the homes in Coronet Bay were owner-occupied compared with 71.90% in 2016.
Coronet Bay has 1,310 properties. Over the last 5 years, Houses in Coronet Bay have seen a 23.71% increase in median value. As at 31 December 2025:
- The median value for Houses in Coronet Bay is $554,130 while the median value for Units is $672,055.
- Houses have a median rent of $458.
Suburb Insights for Coronet Bay 3984
Market Insights
Coronet Bay Trends for Houses
N/A
N/A
View TrendN/A
N/A
Coronet Bay Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
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.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
