285 Wobonga Lane, Eurobin, VIC 3739 | Property Value & History | OnTheHouse
OFF MARKET

285 Wobonga Lane
Eurobin VIC 3739

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
Land area: 1764432m2
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Property Details for 285 Wobonga Lane, Eurobin

Building Type
Rural
Land Size
1764432m2
Local Government
Alpine
Lot/Plan
1/TP377976

Last Listing description (May 2025)

Wobonga Rise, 285 Wobonga Lane, Eurobin, is a premium rural property beautifully positioned on the banks of the pristine Ovens River. Spanning approximately 176 hectares (435 acres), with an impressive 830 metres of river frontage, the property offers a unique combination of productivity, natural beauty, and potential for both lifestyle and commercial farming.
This property is part of the Alpine Shire in Victoria's Northeast, conveniently located just 10.6 km from Myrtleford, 14.3 km from Bright, and about 208 km from Melbourne - providing a perfect balance of seclusion and accessibility.

Land and Agricultural Potential:

The property consists of 10 allotments, with a landscape well-suited for grazing. It features 160 hectares of improved pastures, and benefits from an average annual rainfall of 1,222 mm. Situated along the Ovens River, the land is primarily used for cattle grazing, offering excellent forage with minimal need for irrigation. With a carrying capacity of up to 185 cows, the pastures demonstrate strong agricultural potential. Additionally, the river flats are well-suited for intensive horticultural pursuits.

Water:
The property sale includes water licenses comprising 50 megalitres for surface water diversion from a registered dam located high on the property. This dam provides significant head pressure via pipeline to multiple hydrants, supporting a travelling irrigator. Additionally, a 21-megalitre license permits the extraction of water from the Ovens River for irrigating the river flats.

Power generation:
A hydro power generation system provides free electricity generation using the water and pipeline from the registered dam.

Soil and Topography:
The soils on the property are primarily red and brown loams, renowned for their depth and fertility, making them ideal for pasture growth and grazing. The topography features an average slope of 4.12%, with elevations ranging from 232 m to 418 m above sea level, offering excellent drainage and promoting optimal soil health. The landscape includes forested area, adding to the propertys biodiversity.

Homestead:
The 1980s brick veneer home is set in an elevated position, offering stunning views of the surrounding countryside. The spacious layout includes four bedrooms, with the master featuring an ensuite and walk-in robe. The open plan living and dining areas are highlighted by timber cabinetry and large windows that frame the picturesque setting.
Surrounded by established gardens and mature trees, the property provides a tranquil rural lifestyle. It also includes a verandah to enjoy the views, a large shed, and a garage. Ideally positioned, this home perfectly combines practicality with natural beauty.

Infrastructure and Buildings:
The property is well-equipped with significant remanent farm shedding and cattle yards.

Scenic Features and Lifestyle Amenities:
Beyond its productivity, Wobonga Rise offers remarkable aesthetic appeal. The forest and remnant vegetation areas support native flora and fauna, creating a natural oasis. A picturesque creek runs through the property, adding a scenic element and potential for additional water resources if needed. These features make the property not only ideal for commercial farming but also for those seeking a lifestyle retreat with breathtaking views, natural surrounds, and privacy.

Accessibility and Location Benefits:
Located in the Alpine region, the property benefits from proximity to the popular tourist towns of Myrtleford and Bright, renowned for their wineries, outdoor recreation, and strong sense of community. The area also offers excellent local infrastructure, including agricultural support services, schools, and healthcare, making it an attractive option for both families and professionals. For those interested in starting a business, the property's position in the Southern Highlands, combined with its high productivity and ample rainfall, offers exciting opportunities for agritourism, eco-lodging, or boutique farming ventures.

Summary:
Wobonga Rise, 285 Wobonga Lane, Eurobin, is a rare offering that combines agricultural potential with an outstanding rural lifestyle. Whether youre looking to expand a grazing operation, establish a self-sustaining farm, or create a nature-focused retreat, this propertys rich resources, natural beauty, and strategic location make it an unmatched investment. Perfectly suited for those seeking both productivity and serenity, its an ideal property for farmers, investors, and lifestyle buyers alike.
Don't miss the chance to secure this exceptional piece of Victoria's highland country, where agriculture and lifestyle meet.

Property History for 285 Wobonga Lane, Eurobin, VIC 3739

A timeline of how this property has performed in the market
Last Sold
$4,000,000
12 Feb 2025
  • 12 Feb 2025
    Sold for $4,000,000
  • 14 Nov 2024
    Listed for Sale $4,450,000
  • 14 Dec 2023
    Listed for Sale $5,000,000
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About Eurobin 3739

The size of Eurobin is approximately 50.3 square kilometres. There is 1 park, covering nearly 19.4% of the total area. The population of Eurobin in 2016 was 212 people. By 2021 the population was 239 showing a population growth of 12.7% in the area during that time. The predominant age group in Eurobin is 60-69 years. Households in Eurobin are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Eurobin work in a managers occupation.In 2021, 74.40% of the homes in Eurobin were owner-occupied compared with 63.90% in 2016.

Eurobin has 117 properties. Over the last 5 years, Houses in Eurobin have seen a 35.70% increase in median value. As at 31 May 2026:

  • The median value for Houses in Eurobin is $993,766 while the median value for Units is $536,629.
There are currently 1 property listed for sale, and no properties listed for rent in Eurobin on OnTheHouse. According to Cotality's data, 1 property were sold in the past 12 months in Eurobin.

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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.