298 Metcalfe-Redesdale Road, Metcalfe, VIC 3448 sold on 22 January 2025 | OnTheHouse
SOLD
Sold on 22 Jan 2025 for $1,375,000

298 Metcalfe-Redesdale Road
Metcalfe VIC 3448

Bedrooms: 5
Bathrooms: 2
Car spaces: 5
Land area: 707375m2
Sold By
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Charles Stewart Geelong
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Property Details for 298 Metcalfe-Redesdale Rd, Metcalfe

Building Type
Rural
Land Size
707375m2
Local Government
Mount Alexander
Lot/Plan
6/LP126378

Last Listing description (May 2025)

Lifestyle - Investment - Equine - Cattle - Sheep

"Pennbroke" is perfectly nestled within Central Victoria, offering a serene lifestyle with some of the best views imaginable, situated only 20 minutes Kyneton, 30 minutes Lake Eppalock, 35 minutes Bendigo and 90 minutes Melbourne. Within minutes from "Pennbroke" lays the impressive "Cascades" noted for its rock pools, swimming and boulder formations attracting visitors to the region.

Entering via its sweeping tree lined driveway, you'll be greeted by the well sited brick residence set against a picturesque rural backdrop with established trees, the residence features 5 bedrooms, (main with ensuite) huge family bathroom, living area (wood heater), second living area as an ideal kids retreat, country kitchen and dining area. Solar and mains power feed the property.

Domestic water via 130,000 litres tank supplies.

Functional farming facilities include a 21m x 8m (approx) lock up shed and hayshed, undercover cattle yards with crush and for the horse enthusiast, 2 box stable complex with tack room and an Olympic size outdoor arena.

"Pennbroke" has been meticulously designed for efficient farm management, subdivided into 7 paddocks (electrified fencing) of undulating to rising country taking in spectacular views of the entire district and toward Mt. Alexander.

Water is abundant with 5 dams, bore (99m) solar powered, feeding troughs and gardens.

Experience the tranquillity and functionality of "Pennbroke" firsthand after 26 years same family ownership.

This exceptional property in this highly regarded location invites inspection by appointment only through Andrew Rice or Michael Stewart.

Property History for 298 Metcalfe-Redesdale Rd, Metcalfe, VIC 3448

A timeline of how this property has performed in the market
Last Sold
$1,375,000
22 Jan 2025
  • 23 Jan 2025
    Listed for Sale $1,575,000
  • 22 Jan 2025
    Sold for $1,375,000
  • 20 Aug 2024
    Listed for Sale Not Disclosed
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About Metcalfe 3448

The size of Metcalfe is approximately 67.0 square kilometres. It has 1 park covering nearly 5.1% of total area. The population of Metcalfe in 2016 was 185 people. By 2021 the population was 190 showing a population growth of 2.7% in the area during that time. The predominant age group in Metcalfe is 70-79 years. Households in Metcalfe are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Metcalfe work in a labourer occupation.In 2021, 93.50% of the homes in Metcalfe were owner-occupied compared with 89.90% in 2016.

Metcalfe has 144 properties. Over the last 5 years, Houses in Metcalfe have seen a 18.34% increase in median value. As at 30 November 2025:

  • The median value for Houses in Metcalfe is $795,837 while the median value for Units is $644,957.
There are currently 2 properties listed for sale, and no properties listed for rent in Metcalfe on OnTheHouse. According to Cotality's data, 6 properties were sold in the past 12 months in Metcalfe.

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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.