423 Wangaratta-Eldorado Road, North Wangaratta, VIC 3678 | Property Value & History | OnTheHouse
OFF MARKET

423 Wangaratta-Eldorado Road
North Wangaratta VIC 3678

Bedrooms: 4
Bathrooms: 3
Car spaces: 4
Land area: 158648m2
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Property Details for 423 Wangaratta-Eldorado Rd, North Wangaratta

Building Type
Commercial
Land Size
158648m2
Local Government
Wangaratta
Lot/Plan
1/PS427679

Last Listing description (May 2026)

Springfield a quality lifestyle and small farming holding at 423 Wangaratta-Eldorado Road at Wangaratta North is listed for private sale by Elders Real Estate in Wangaratta.
With a land area of 16 hectares or approximately 40 acres the property is on a high bank of Reedy Creek which forms one boundary of east of the holding.
The vendors who have held the holding for over eight years have completed a major development of what they say was a pretty basic small farm holding when they purchased it.

First project for them was to redevelop and enhance the original brick home which was on the property at the time of purchase.
It now provides a high quality and comfortable brick family home with three bedrooms, quality internal finishes, services and appliances to present as the optimum in family living.
The principal bedroom built upstairs is of significant size with a balcony, plus its own ensuite and walk in wardrobe.
From its elevation it provides an ideal aspect over the large surrounding lawned garden which includes many specimen trees of size.
There is also a well-established orchard that includes over twenty trees of age and unusual varieties.
The home also has an attached one bedroom separate fully serviced apartment and services which would be ideal for an elder or younger family member, or even leased as a rental opportunity.
The complete home also has a twelve panel rooftop solar panel assembly of about 5Kw capacity means the homes power costs are well covered.
The property also includes a two car garage. a workshop and a four bay carport whose roof area provides an ideal rain water catchment area to three galvanised tanks.
There is also a partly in ground concrete water tank which ensures a reliable supply for home, garden and stock watering purposes.
There is also the benefit from an equipped bore with a two megalitre Stock and Domestic water entitlement.
But it is the equine facilities that will sway a purchaser.
The vendor has held a long term involvement in standard bred horses which have competed with success at the highest Interdominion carnivals in Australia and New Zealand.
So, he has set the property up to run a select band of brood mares and their offspring which are usually sold at major industry yearling sales.
There are nine well pastured paddocks each with a watering trough and some with paddock shelters with high quality horse safe fencing, much of which is electrified.
The paddocks are reached by a central laneway that runs the length of the holding.
In addition. there is a quality three box horse barn plus a veterinary crush, float garaging and steel holding yards.
The paddock facilities could equally suit a cattle enterprise if the purchaser seeks an alternative farm enterprise,
Elders Real Estate Wangaratta's selling agent Michael Everard says "it is the quality of this property and the family home and farm improvements that make a real impression.
"For the purchaser effectively everything has been designed and completed to an outstanding level of quality.
"The location is also important with the frontage to the main bitumen Eldorado Road and adjoining are a number of other quality farm holdings.
"It takes only twelve minutes to complete the eight kilometre journey into central Wangaratta and all its services and facilities.
"At the asking price of $1.9 million everything is in place with no need for the buyer to face any further capital investment.
"An inspection will quickly show that Springfield offers an ideal family lifestyle on a property that presents unlimited uses and enjoyable family living in a great district and rural location".
At the asking price of $1.9 million Mr Everard says there is undoubted value on offer at 423 Wangaratta-Eldorado Road North Wangaratta.
For more property information or an opportunity to view Springfield contact Elders Wangaratta agent Michael Everard on 0408 653 161.

Property History for 423 Wangaratta-Eldorado Rd, North Wangaratta, VIC 3678

A timeline of how this property has performed in the market
Last Sold
$550,000
02 Mar 2023
  • 21 Jan 2026
    Listed for Sale $1,690,000
  • 04 Mar 2025
    Listed for Sale Offers around $1,795,000
  • 02 Mar 2023
    Sold for $550,000
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About North Wangaratta 3678

The size of North Wangaratta is approximately 29.3 square kilometres. There are 2 parks, covering nearly 0.2% of the total area. The population of North Wangaratta in 2016 was 288 people. By 2021 the population was 282 showing a population decline of 2.1% in the area during that time. The predominant age group in North Wangaratta is 50-59 years. Households in North Wangaratta are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in North Wangaratta work in a trades occupation.In 2021, 80.40% of the homes in North Wangaratta were owner-occupied compared with 76.50% in 2016.

North Wangaratta has 172 properties. Over the last 5 years, Houses in North Wangaratta have seen a 9.78% increase in median value. As at 30 June 2026:

  • The median value for Houses in North Wangaratta is $998,279 while the median value for Units is $395,820.
There are currently 1 property listed for sale, and no properties listed for rent in North wangaratta on OnTheHouse. According to Cotality's data, 6 properties were sold in the past 12 months in North wangaratta.

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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.