5 Racecourse Road, Heyfield, VIC 3858 | Property Value & History | OnTheHouse
OFF MARKET

5 Racecourse Road
Heyfield VIC 3858

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
Land area: 8608m2
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Property Details for 5 Racecourse Rd, Heyfield

Building Type
Rural
Year Built
1980
Land Size
8608m2
Local Government
Wellington
Lot/Plan
6/LP208251

Last Listing description (January 2025)

- Land Size 8608 sqm Rural Living Zoned (RLZ)
- Huge, sunken living/family area with wood heater & split-system. A study nook has
been created behind open fire place

- U-shaped original timber kitchen with solid, polished red gum timber benchtops, LPG
gas cook top, electric wall oven and dishwasher
- Dining room is located directly off the kitchen area has original slate floor and access to the outside undercover/bbq area
- Master suite has double walk through robes and ensuite
- 3 remaining good sized bedrooms, 2 with BIR
- Main bathroom is all original from build date with slate and timber and corner spa with
shower over bath
- Double Carport, workshop and a 6m X 8m garage with single roller door
- An environmentally friendly property with 35K litres of tank water as well as the
convenience of town water and back to grid solar system, a mixture of native and
exotic trees and 9 raised garden beds purpose built for growing your own veges
- The star of this outdoor oasis is the operational, original melbourne street light which
was moved by the current owners over 10 years ago
- A short walk to Heyfield Wetlands reserve and 2.5 hrs drive from Melbourne

Property History for 5 Racecourse Rd, Heyfield, VIC 3858

A timeline of how this property has performed in the market
Last Sold
$650,000
03 Dec 2024
  • 03 Dec 2024
    Sold for $650,000
  • 26 Nov 2024
    Listed for Sale $675,000
  • 27 Sep 2005
    Sold for $315,000
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About Heyfield 3858

The size of Heyfield is approximately 75.7 square kilometres. It has 9 parks covering nearly 9.6% of total area. The population of Heyfield in 2016 was 1993 people. By 2021 the population was 2050 showing a population growth of 2.9% in the area during that time. The predominant age group in Heyfield is 10-19 years. Households in Heyfield are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Heyfield work in a labourer occupation.In 2021, 76.60% of the homes in Heyfield were owner-occupied compared with 74.40% in 2016.

Heyfield has 1,434 properties. Over the last 5 years, Houses in Heyfield have seen a 71.32% increase in median value, while Units have seen a 39.20% increase. As at 30 November 2025:

  • The median value for Houses in Heyfield is $420,727 while the median value for Units is $317,323.
  • Houses have a median rent of $410.
There are currently 33 properties listed for sale, and no properties listed for rent in Heyfield on OnTheHouse. According to Cotality's data, 75 properties were sold in the past 12 months in Heyfield.

Suburb Insights for Heyfield 3858

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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.