135 Morris Lane, Markwood, VIC 3678 | Property Value & History | OnTheHouse
OFF MARKET

135 Morris Lane
Markwood VIC 3678

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Land area: 791991m2
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Property Details for 135 Morris Lane, Markwood

Building Type
Rural
Land Size
791991m2
Local Government
Wangaratta
Lot/Plan
1B~9A/PP3359

Last Listing description (April 2025)

Nestled in the picturesque Northeast food and wine region, 'Markwood Estate' presents a rare opportunity to own a versatile 195-acre property with plenty of potential upside.
Perfectly positioned at the gateway to the Victorian Alps, this property has some unique features including a 3,000 feet Airstrip, aircraft hangar, distillery and a winery.
The property on 195-acres of farming land has previously been run as a cattle grazing property, a winery with cellar door and vineyard growing Cabernet Sauvignon and Shiraz.

The property has plenty of potential upside as a horticultural property using the current winery as a shop front selling fruit and vegetables and any other farm produce.

The property has a 2-bedroom double brick home with an office, designed with open-plan living and an expansive upstairs attic. The residence features double-glazed windows, ensuring year-round comfort. Sustainability is a focus with a 7kW solar system and battery storage, gas cooking and wood heating, as well as a split-system for additional climate control. The property is well-equipped with 100,000L rainwater tanks and a large double garage, complete with an impressive 8m x 5m underground cellar perfect for wine enthusiasts or additional storage.

Tucked away on a quiet dirt road just off the Snow Road, the property has the seasonal Woolshed Creek running through the property and also boasts extensive infrastructure including:
18m x 9m aircraft hangar with an office, concrete flooring, and power supply
3000 feet fully fenced airstrip with taxi right into the hangar
13m x 7m three-bay machinery shed for farm equipment and storage
15m x 10m Besser brick winery with a mezzanine floor, power, water, and toilet facilities
9m x 6m Besser brick distillery shed
2 acres of old grapevines
Basic steel cattle yards for livestock management

With seven well-fenced paddocks, fertile Phalaris based pastures, and a reliable well supplying water to dams and troughs, 'Markwood Estate' is well-suited for cattle grazing, fodder production, or diversified horticultural projects. The regions rich soil and favourable climate make it an excellent location for growing premium produce or re-establishing a thriving vineyard.

Whether youre seeking a peaceful country retreat, an agricultural venture, or a property with viticultural potential, 'Markwood Estate' offers a unique combination of lifestyle, privacy, and productivity with the added advantage of your very own airstrip. With its prime location in Victorias sought-after food and wine region, this is a rare chance to secure a rural holding with enormous upside potential.

Property History for 135 Morris Lane, Markwood, VIC 3678

A timeline of how this property has performed in the market
Last Sold
$1,600,000
13 Mar 2025
  • 13 Mar 2025
    Sold for $1,600,000
  • 26 Feb 2025
    Listed for Sale $1,500,000
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About Markwood 3678

The size of Markwood is approximately 42.6 square kilometres. The population of Markwood in 2016 was 258 people. By 2021 the population was 230 showing a population decline of 10.8% in the area during that time. The predominant age group in Markwood is 60-69 years. Households in Markwood are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Markwood work in a managers occupation.In 2021, 74.70% of the homes in Markwood were owner-occupied compared with 79.60% in 2016.

Markwood has 142 properties. Over the last 5 years, Houses in Markwood have seen a 9.23% increase in median value. As at 30 June 2026:

  • The median value for Houses in Markwood is $1,050,654.
There are currently no properties listed for sale, and no properties listed for rent in Markwood on OnTheHouse. According to Cotality's data, 2 properties were sold in the past 12 months in Markwood.

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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.