1420 Little Yarra Road, Gilderoy, VIC 3797 | Property Value & History | OnTheHouse
OFF MARKET

1420 Little Yarra Road
Gilderoy VIC 3797

Bedrooms: -
Bathrooms: 10
Car spaces: 4
Land area: 68430m2
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Property Details for 1420 Little Yarra Rd, Gilderoy

Building Type
Land
Land Size
68430m2
Local Government
Yarra Ranges
Lot/Plan
CP108528

Last Listing description (December 2021)

Mind blowingly beautiful, this incredible property, zoned SUZ2 (Special Use Zone 2) MAJOR TOURIST FACILITY, with 2 separate titles, sits on well over 300 acres and is home to one of the largest man-made lakes in Victoria. The lake itself covers approximately 75 acres of the property and in past has been a favoured venue for locals to enjoy many water based activities including water-skiing, fishing, canoeing and paddle boating. The iconic property was also utilised to film the horror flick "Rogue" which was released in 2007, with an all-star cast enjoying this gorgeous setting. The pristine lake is fed by fresh mountain streams, is loaded with fish such as trout, black fish and fresh water crayfish, and is nestled into the foothills of Mt Beenak in the Yarra Valley with rolling pastures and glorious mountain views. You will even find the original old cottage and mill on the property, both needing a renovation, but with lots of tales to tell hiding in the walls. A wonderful opportunity is evident here as the Yarra Valley is soon to be home to a world class Mountain Biking Facility around Mt Donna Buang and Mt Little Joe, which sits a mere 13 minute scenic drive away. Accommodation will be in high demand and this property has the ability to house many with the current 20 Holiday Accommodation units, a huge recreation room, and a large family home with 4 bedrooms, double garage and grand livings areas, sitting on a separate title with approximately 17 acres of its own (both being sold as one sale). There is work to be done to bring the accommodation up to standard, however with a bit of tweaking and a tidy up the great bones will come to life. Being within striking distance to Melbourne, only roughly 75kms away, this property is well positioned to become a major tourist destination within the Shire of Yarra Ranges.

Extract from zoning document below. Email to request full copy.

"Part Crown Allotment 61, Parish of Beenak, Little Yarra Road, Gilderoy may, subject to the grant of a permit, be developed and used for a major tourist facility comprising not more than:

20 cabins, of which not more than ten are to be 2 bedroom, with the remainder being single bedroom.
One 100 site camping ground and caravan park, of which not more than 50 sites are to be for caravans.
A 30 unit motel complex.
A reception/service centre and restaurant providing a maximum of 100 seats."

please call David Carroll on 0419 539 320 for more information

Property History for 1420 Little Yarra Rd, Gilderoy, VIC 3797

A timeline of how this property has performed in the market
Last Sold
$3,300,000
02 Apr 2025
  • 02 Apr 2025
    Sold for $3,300,000
  • 04 Jan 2021
    Listed for Sale $8.0 - $8.5 million
  • 27 Oct 2017
    Transferred
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About Gilderoy 3797

The size of Gilderoy is approximately 14.2 square kilometres. There is 1 park, covering nearly 49.2% of the total area. The population of Gilderoy in 2016 was 65 people. By 2021 the population was 62 showing a population decline of 4.6% in the area during that time. The predominant age group in Gilderoy is 60-69 years. Households in Gilderoy are primarily childless couples and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Gilderoy work in a trades occupation.In 2021, 92.30% of the homes in Gilderoy were owner-occupied compared with 100.00% in 2016.

Gilderoy has 46 properties. Over the last 5 years, Houses in Gilderoy have seen a -8.83% decrease in median value. As at 31 July 2026:

  • The median value for Houses in Gilderoy is $864,727.
There are currently no properties listed for sale, and no properties listed for rent in Gilderoy on OnTheHouse. According to Cotality's data, no properties were sold in the past 12 months in Gilderoy.

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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.