5280 Midland Highway, Elaine, VIC 3334 sold on 04 March 2025 | OnTheHouse
SOLD
Sold on 04 Mar 2025 for $520,000

5280 Midland Highway
Elaine VIC 3334

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Land area: 2522m2
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Property Details for 5280 Midland Hwy, Elaine

Building Type
Commercial
Land Size
2522m2
Local Government
Moorabool
Lot/Plan
6~1/PP5270

Last Listing description (July 2024)

A most unique opportunity presents itself here with the chance to own the famed Railway Hotel in Elaine with Front bar, Bistro, accommodation, beer garden and the added benefit of 4856m2 township land across 2 separate titles with dual street frontages for further development (STCA).

The famed establishment has a rich 150-year-old history and with it being set on the highway in between 2 major regional cities of Victoria in Ballarat and Geelong, is a great "drop in" place for travelers', whilst also serving the local community on a daily basis.

Additionally, annual events within the region bring floods of tourism to the area periodically throughout the year.

At the front, the main bar is a tribute to history as so many similar venues have been gentrified to their own detriment, whereas the front bar of the Railway Hotel in Elaine has remained relatively unchanged, holding all the charm of the classic Australian pub of yesteryear.

Off to the side, a hall leads to both Men's and Ladies bathrooms that also service the Bistro.

At the centre of the building the Bistro can service up to 50 dining patrons. Open fire places add to the inviting charm and warmth and of course, every pub/bistro needs a good pool table!

Outside, the beer garden provides plenty of open space for further dining or enjoying a few drinks in the sun. On special occasions this area can be home to musical acts to add to the experience.

A full commercial kitchen complimented by a large cool room and a cellar under bar combine to service the venue.

The historical heart of the Railway Hotel is its 5 bedrooms, separate function room and multiple shared bathrooms that have provided accommodation for many a traveler in the 150 years of operation.

If these walls could talk!!!!

A slice of history with unique opportunity and plenty of potential is on offer here.

Call Dion Plumb on 0424 940 629 to learn more.

Property History for 5280 Midland Hwy, Elaine, VIC 3334

A timeline of how this property has performed in the market
Last Sold
$520,000
04 Mar 2025
  • 04 Mar 2025
    Sold for $520,000
  • 12 Apr 2024
    Listed for Sale $650,000 - $700,000
  • 19 Sep 2022
    Listed for Sale $719,000
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About Elaine 3334

The size of Elaine is approximately 105.7 square kilometres. It has 1 park covering nearly 0.1% of 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 184 properties. Over the last 5 years, Houses in Elaine have seen a 43.20% increase in median value, while Units have seen a -48.26% decrease. As at 31 October 2025:

  • The median value for Houses in Elaine is $643,751 while the median value for Units is $511,597.
There are currently 1 property listed for sale, and no properties listed for rent in Elaine on OnTheHouse. According to Cotality's data, 4 properties were sold in the past 12 months in Elaine.

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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.