19 Drummonds Lane, Heathcote, VIC 3523 | Property Value & History | OnTheHouse
OFF MARKET

19 Drummonds Lane
Heathcote VIC 3523

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 163141m2
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Property Details for 19 Drummonds Lane, Heathcote

Building Type
Rural
Land Size
163141m2
Local Government
Greater Bendigo
Lot/Plan
2/PS714861

Last Listing description (January 2020)

• Rarely does an opportunity arise to purchase a vineyard of such high acclaim and with indisputable results • Downing Estate Vineyard was established by Bob and Joy Downing in 1994 and is now one of only a few Heathcote vineyard to earn a 5 red star rating from the highly regarded ‘Halliday Wine Companion’ • Downing Estate ‘Reserve Heathcote Shiraz 2012’ was rated an incredible 96/100 • This 40 acre property has a 25 acre dry grown vineyard comprising 18 acres of shiraz, 6 acres of cabernet sauvignon and 1 acre of merlot • The property has 15 acres remaining, ideal to expand the vineyard or a perfect location to build a house and/or cellar door and capitalise on the Northern Highway exposure• The vineyard will yield a minimum of 1 tonne of premium quality dry grown fruit per acre per year, tonnage increases significantly with rain• Additional improvements include shedding 12m x 6m, 12m x 9m and 12m x 3.5m all with concrete floor, large bunded concrete apron 4 x 5,000 Gal rain water tanks, large catchment dam and drip a irrigation system• The vineyard has been leased and maintained by Treasury Wine Estates since July 2012 of which expires and will not be renewed in June 2020. • The purchaser of this property is permitted to own and continue the Downing Estate brand, establish a new brand or add this site to an existing brand • For further information or to inspect this site, please call Brad Todd on 0419 771 475

Property History for 19 Drummonds Lane, Heathcote, VIC 3523

A timeline of how this property has performed in the market
Last Sold
$700,000
17 Dec 2019
  • 17 Dec 2019
    Sold for $700,000
  • 01 Nov 2019
    Listed for Sale $750,000
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About Heathcote 3523

The size of Heathcote is approximately 130.9 square kilometres. It has 9 parks covering nearly 25.2% of total area. The population of Heathcote in 2016 was 2793 people. By 2021 the population was 2962 showing a population growth of 6.0% in the area during that time. The predominant age group in Heathcote is 60-69 years. Households in Heathcote are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Heathcote work in a trades occupation.In 2021, 80.80% of the homes in Heathcote were owner-occupied compared with 77.20% in 2016.

Heathcote has 2,522 properties. Over the last 5 years, Houses in Heathcote have seen a 11.92% increase in median value, while Units have seen a 36.45% increase. As at 30 April 2026:

  • The median value for Houses in Heathcote is $501,742 while the median value for Units is $417,540.
  • Houses have a median rent of $475 while Units have a median rent of $273.
There are currently 83 properties listed for sale, and 1 property listed for rent in Heathcote on OnTheHouse. According to Cotality's data, 105 properties were sold in the past 12 months in Heathcote.

Suburb Insights for Heathcote 3523

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Cotality Copyright and Legal Disclaimers about Property Data
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.