421 Laanecoorie-Newbridge Rd, Newbridge is a 1 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 453249m2.This Property is currently listed for sale with Elders Real Estate Bendigo
The natural appeal and timeless beauty of the Loddon River between Newbridge and Laanecoorie are constantly being rediscovered by locals and excite those seeking a tree-change. This is an outstanding example of what country living is all about, and has the promise to be more than you expect.
A disused homestead is comfortably settled on a rise within a safe distance of the river's edge, with plenty of open space around it to expand or redevelop. Some buyers will see potential in restoring the existing home, while others will look past the existing structure and see a blank canvas. Subject to obtaining a building permit from Council, you could potentially decommission the home into a studio and build a luxurious residence instead. Mains power is available at the boundary.
The property is comprised of rich fertile loam soil, the majority of which is arable and is subject to a farm lease arrangement. Divided into 3 main paddocks, fencing is in very good condition and a number of farm sheds are included. There are 2 reliable dams as well as easy river access for livestock and family water activities. You may wish to investigate the disused pump site with the possibility of obtaining a water right for irrigating purposes.
It feels a world away from anywhere, but it's only a 2 minute drive to the township of Newbridge (famous for its general store and local pub), and 35 minutes to the Bendigo CBD, making a daily commute very achievable.
A copy of the Due Diligence checklist can be found at https://www.consumer.vic.gov.au/duediligencechecklist
The size of Newbridge is approximately 96.3 square kilometres. There are 3 parks, covering nearly 7.4% of the total area. The population of Newbridge in 2016 was 192 people. By 2021 the population was 171 showing a population decline of 10.9% in the area during that time. The predominant age group in Newbridge is 60-69 years. Households in Newbridge are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Newbridge work in a managers occupation.In 2021, 81.00% of the homes in Newbridge were owner-occupied compared with 86.70% in 2016.
Newbridge has 226 properties. Over the last 5 years, Houses in Newbridge have seen a 67.51% increase in median value, while Units have seen a 244.00% increase. As at 31 August 2026:
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