Set on 20.7 acres (approx) of gently undulating land, this versatile lifestyle property offers the perfect blend of rural living and convenient access, just minutes from the Calder Freeway, 15 minutes to Castlemaine, and within easy reach of Melbourne and Bendigo.The two-bedroom home is positioned to take full advantage of its north-facing aspect, with a living room featuring a Nectre solid wood heater and double-glazed windows that ensure year-round comfort and quiet. The kitchen and dining area includes a split system, electric cooktop, wall oven, and pantry, while the living space opens to a wraparound deck, a perfect spot to sit and enjoy the views across the property.Both bedrooms include built-in robes, and the bathroom offers a shower, vanity, and toilet, with a laundry providing external access.Beyond the home, the property is rich with lifestyle features:> A studio with an integrated solar system and a converted water tank shower, ideal for guest accommodation or creative pursuits> An 8m x 7m garage and workshop with concrete flooring and power, plus an additional shed, a second garage, and a greenhouse> A large dam, home to croaking frogs and surrounded by ancient gums, grasslands, and a vineyard> Chook pens, ornamental gardens, veggie beds, and numerous water tanks-perfect for self-sufficiency> Buried power and irrigation systems> Abundant birdlife and natural beautyThis is an opportunity to secure a lifestyle property, ideal for those seeking space, sustainability, and a connection to nature.
The size of Elphinstone is approximately 84.0 square kilometres. It has 2 parks covering nearly 5.8% of total area. The population of Elphinstone in 2016 was 555 people. By 2021 the population was 633 showing a population growth of 14.0% in the area during that time. The predominant age group in Elphinstone is 60-69 years. Households in Elphinstone are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Elphinstone work in a professional occupation.In 2021, 94.90% of the homes in Elphinstone were owner-occupied compared with 86.90% in 2016.
Elphinstone has 457 properties. Over the last 5 years, Houses in Elphinstone have seen a -0.41% decrease in median value, while Units have seen a 19.19% increase. As at 30 April 2026:
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