585 Bunyip-Modella Road, Iona, VIC 3815 | Property Value & History | OnTheHouse
OFF MARKET

585 Bunyip-Modella Road
Iona VIC 3815

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 105m2
Land area: 22141m2
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Property Details for 585 Bunyip-Modella Rd, Iona

585 Bunyip-Modella Rd, Iona is a 3 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1950. The property has a land size of 22141m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in November 2022.

Building Type
Unit
Year Built
1950
Floor Size
105m2
Land Size
22141m2
Local Government
Cardinia
Lot/Plan
1/PS632081

Last Listing description (January 2023)

Located South of Bunyip, discover this affordable lifestyle starter on a level 5.5 acres of lush pastures to 12 paddocks that will cater easily to your choice of livestock.

The 1940s weatherboard residence, with a host of original features, has benefitted greatly from an extensive upgrade to the interior. A new kitchen with an impressive array of cabinetry and benchtops, quality cooking appliances, and pantry space is set within a bright and inviting area accentuated by large ceramic tiles and crisp white walls is central to the design. A new bathroom with floor and floor to ceiling glazed tiles, a floating vanity unit, oversized shower with glass screen and wall mounted cabinet is a luxurious addition.

A palette of rich heritage colours adorns the lounge room and three bedrooms, the spacious loungeroom complete with a decorative fire surround to continue the Heritage theme. The main bedroom, of excellent proportions, with built in wardrobes, also features a decorative fire surround. The two secondary bedrooms will both take double beds.

Outside, a bounty of steel-clad shedding provides some dedicated horse stables, car accommodation, storage, and workshop space. There is also a productive orchard of fruit trees.

Located in a tranquil farming area with easy access to both Garfield and Bunyip, major shopping and service hubs, the M1 Freeway and school pick up/drop off points, this is an idyllic lifestyle opportunity.

It should be noted that the weatherboards to the exterior of the residence require extensive, if not total replacement. However, given the roll call of positive attributes to the property, this is a brilliant opportunity to put your stamp on a wonderful rural lifestyle. Inspect with absolute confidence.

Property History for 585 Bunyip-Modella Rd, Iona, VIC 3815

A timeline of how this property has performed in the market
Last Sold
$870,000
16 Nov 2022
  • 16 Nov 2022
    Sold for $870,000
  • 07 Nov 2022
    Listed for Sale $880,000 - $935,000
  • 15 Feb 2022
    Listed for Sale $920,000
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About Iona 3815

The size of Iona is approximately 24.6 square kilometres. The population of Iona in 2016 was 228 people. By 2021 the population was 240 showing a population growth of 5.3% in the area during that time. The predominant age group in Iona is 10-19 years. Households in Iona are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Iona work in a managers occupation.In 2021, 86.10% of the homes in Iona were owner-occupied compared with 84.50% in 2016.

Iona has 133 properties. Over the last 5 years, Houses in Iona have seen a 30.52% increase in median value. As at 31 October 2025:

  • The median value for Houses in Iona is $1,212,245 while the median value for Units is $658,243.
There are currently 2 properties listed for sale, and no properties listed for rent in Iona on OnTheHouse. According to Cotality's data, 3 properties were sold in the past 12 months in Iona.

Suburb Insights for Iona 3815

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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.