405 Melaluka Road, Leopold, VIC 3224 | Property Value & History | OnTheHouse
 
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405 Melaluka Road
Leopold VIC 3224

Bedrooms: 3
Bathrooms: 3
Car spaces: -
Floor area: 386m2
Land area: 181270m2
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Property Details for 405 Melaluka Rd, Leopold

405 Melaluka Rd, Leopold is a 3 bedroom, 3 bathroom House and was built in 1850. The property has a land size of 181270m2 and floor size of 386m2.

Building Type
House
Year Built
1850
Floor Size
386m2
Land Size
181270m2
Local Government
Greater Geelong

Last Listing description (May 2020)

Exceptionally located at the gateway to the Bellarine Peninsula situated 15 minutes Geelong City Centre, 15 minutes Ocean Grove, 20 minutes Queenscliff and 5 minutes to Leopold Plaza shopping. Elevated majestic surrounds delivering a lifestyle of excellence in supremely private tranquillity.

With sealed Melaluka Road frontage, Toorang is introduced via a tree lined driveway leading to the imposing circa 1853 Italianate residence overlooking the iconic Lake Connewarre, an estuary encompassing some 2,200 Acres.Toorang has views to Barwon Heads and Breamlea and is believed to be one of the oldest estates on the Bellarine Peninsula with direct water frontage.


The residence provides formal entry, 3 bedrooms (master ensuite), open plan living, formal sitting room, library and observation tower. In line with country living, a woodfired AGA slow combustion stove, separate gas hotplates and electric oven along with dishwasher complete the main kitchen with delightful water outlook. A separate guest wing which offers living area, kitchen (St.George electric oven) bathroom providing the ideal adjunct to the residence overlooking the salt water IG pool.

Further improvements include double storey self contained coachouse accommodation with 3 bedrooms (all ensuited) kitchen, two multi purpose rooms and a large store room

Externally, Toorang is subdivided into 9 main paddocks (electric fencing) on generally heavy soils with 1 dam. Timber cattle yards (steel crush) all steel hayshed and ancillary shed make this magnificent property an enviable country retreat.

Mains water connected.

A rare offering after 34 years with the same family ownership. A genuine chance for the purchaser to become only the thirteenth owner since 1853.

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Property History for 405 Melaluka Rd, Leopold, VIC 3224

A timeline of how this property has performed in the market
Listed for Rent
$365/w
12 Feb 2018
  • 29 Apr 2020
    Listed for Sale $3,300,000
  • 29 Oct 2018
    Listed for Sale Expressions Of Interest
  • 03 Jan 2018
    Listed for Rent - Price not available
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About Leopold 3224

The size of Leopold is approximately 26.9 square kilometres. It has 32 parks covering nearly 3.5% of total area. The population of Leopold in 2016 was 12814 people. By 2021 the population was 13272 showing a population growth of 3.6% in the area during that time. The predominant age group in Leopold is 30-39 years. Households in Leopold are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Leopold work in a professional occupation.In 2021, 79.00% of the homes in Leopold were owner-occupied compared with 79.00% in 2016.

Leopold has 6,923 properties. Over the last 5 years, Houses in Leopold have seen a 32.26% increase in median value, while Units have seen a 34.85% increase. As at 30 November 2025:

  • The median value for Houses in Leopold is $743,182 while the median value for Units is $530,039.
  • Houses have a median rent of $520 while Units have a median rent of $450.
There are currently 30 properties listed for sale, and 5 properties listed for rent in Leopold on OnTheHouse. According to Cotality's data, 345 properties were sold in the past 12 months in Leopold.

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© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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