5266 Midland Hwy, Elaine is a 2 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 1011m2. While the property is not currently for sale or for rent, it was last sold in July 2014.
PRICED TO SELL - OWNERS RETIRING
The property features:
General Store - Open Monday to Sunday, The Elaine General Store is a landmark of the town and is the main gathering point for the locals. Complete with indoor and outdoor seating, two toilets, split system heating and cooling, fridges and pie warmer. Loads of storage, bench space and kitchen appliances.
The House - Two generously sized bedrooms, study, living room, kitchen and an updated bathroom.
Petrol Stations - Three near new petrol bowsers - one diesel pump - which are all compliant and up to code.
Rear room - A blank canvas space with loads of potential for the buyer. Inside the space features a cafe style setup with coffee machines, bar, powder room. split system heating - outside there is an undercover alfresco area, large shed with power and concrete, pizza oven and stage setup. This area has great potential for a cafe, wine bar or beer garden!
Sold with Vacant Possession.
Very rarely does an opportunity like this become available. A two bedroom residence with an investment income stream attached. Located in a high exposure area, in a growing community with a new development recently sold and titled this exciting opportunity awaits.
With major highway exposure located in between Ballarat and Geelong - this is a wonderful opportunity, enquire today.
The size of Elaine is approximately 105.7 square kilometres. There is 1 park, covering nearly 0.1% of the total area. The population of Elaine in 2016 was 228 people. By 2021 the population was 232 showing a population growth of 1.8% in the area during that time. The predominant age group in Elaine is 40-49 years. Households in Elaine are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Elaine work in a labourer occupation.In 2021, 79.20% of the homes in Elaine were owner-occupied compared with 79.70% in 2016.
Elaine has 185 properties. Over the last 5 years, Houses in Elaine have seen a 17.79% increase in median value, while Units have seen a -53.02% decrease. As at 31 July 2026:
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