381 Warrowitue-Forest Road, Heathcote, VIC 3523 | Property Value & History | OnTheHouse
OFF MARKET

381 Warrowitue-Forest Road
Heathcote VIC 3523

Bedrooms: 3
Bathrooms: 1
Car spaces: 8
Floor area: 122m2
Land area: 20000m2
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Property Details for 381 Warrowitue-Forest Rd, Heathcote

Building Type
Rural
Year Built
1990
Floor Size
122m2
Land Size
20000m2
Local Government
Greater Bendigo
Lot/Plan
45/LP141359

Last Listing description (November 2021)

This neatly presented 5 acres property with a Western Red Cedar 3 bedroom home, set up for the horse enthusiast is situated just a 9 minute drive from the Heathcote town centre.
The front gates are painted white and create that Ranch feel from first sight. Neat garden beds and secure fencing are apparent as you near the home.
A Western Red Cedar home has a full length veranda overlooking the front yard a pretty rural outlook with a double carport to the left of the house and a bungalow to the right. The entry foyer is tiled and leads to a large open plan living, dining and kitchen area. The lounge room is spacious and has a warm cosy Combustion wood heater that throws out a comfortable heat throughout the house. Timber floating floor adds warmth to open space with high ceilings and exposed beams. There is room for a dining suite with sliding glass doors out to the rear patio area.

The all electric kitchen is a large U shape and has a cook top, range hood, wall oven and dishwasher. There is ample storage with a large corner pantry, providing a ton of storage for a family.
The Main bedroom has double robes and all 3 rooms will cater for a Queen bed. They are all carpeted and have peaceful views out to the garden and horse paddocks.
A decent sized bathroom with bath and separate shower has a corner vanity and tastic heat light.
The rear decking has recently been updated and painted and has a fenced in above ground pool and a portable spa on the deck as well. A great area to entertain the kids and guests on a hot day.
Next to the house and accessible from the house via a walk through patio is a large open bungalow. This room is lined, has a concrete floor and a lovely wood heater. There are the beginnings of a kitchenette and would make an ideal craft/hobby space, pool room, teenage retreat or could be converted for extended family living. Just outside the backdoor is a small bathroom with a toilet that is connected to the septic and a shower that is not connected but could be.
An undercover patio also has a built in bbq and brick bench top.
The potential is there to create a great outdoor entertaining space for parties or utilize it for accommodation.
Around the home it is a horse lovers ideal scene with 10 separate yards all with water connected from the large dam. The yards are neat and well maintained. There is a large open feed shed and tack shed and facility to wash the horses at the rear of the shed.
Behind the clothes line is a small shed for storage, an open shed at the side of the bungalow for garden equipment and wood.
The dam is large and has a horse swim and the dam has never been dry. There are two 25,000L rainwater tanks for the house and bungalow.
A smaller dam at the front of the larger one.
One of the great features of the property is a 300m Jog Track for training.
This is a property currently set up for horses but could be a great weekender for those wanting a smaller land holding close to town or for permanent living with a school bus stop close by and only minutes to shops and local attractions.

Property History for 381 Warrowitue-Forest Rd, Heathcote, VIC 3523

A timeline of how this property has performed in the market
Last Sold
$620,000
08 Oct 2021
  • 08 Oct 2021
    Sold for $620,000
  • 25 Aug 2021
    Listed for Sale $620,000
  • 10 Feb 2003
    Sold for $151,000
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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 2,528 properties. Over the last 5 years, Houses in Heathcote have seen a 38.42% increase in median value, while Units have seen a 42.06% increase. As at 30 November 2025:

  • The median value for Houses in Heathcote is $518,377 while the median value for Units is $385,516.
  • Houses have a median rent of $455 while Units have a median rent of $273.
There are currently 93 properties listed for sale, and 1 property listed for rent in Heathcote on OnTheHouse. According to Cotality's data, 115 properties were sold in the past 12 months in Heathcote.

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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.