5565 Great Alpine Road, Ovens, VIC 3738 | Property Value & History | OnTheHouse
OFF MARKET

5565 Great Alpine Road
Ovens VIC 3738

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Land area: 146052m2
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Property Details for 5565 Great Alpine Rd, Ovens

5565 Great Alpine Rd, Ovens is a 2 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 146052m2. While the property is not currently for sale or for rent, it was last sold in August 2015.

Building Type
House
Land Size
146052m2
Local Government
Alpine
Lot/Plan
4/PS344759

Last Listing description (November 2025)

Situated in the picturesque Ovens Valley, this expansive property spans just over 36 acres and offers a multitude of possibilities and significant potential.

Comprising two distinct residences, the first is a fully restored two-bedroom, two-bathroom self-contained cottage with the second dwelling offering a charming four-bedroom, two-bathroom homestead. The layout of the property maximizes yard and entertainment spaces while ensuring privacy between the two houses. Whether utilized for generational living, hosting friends and family, adopting a live-in-one-rent-the-other approach, or exploring Airbnb opportunities, this property boasts remarkable versatility and various income-generating options.

The first dwelling, featuring its private entrance and driveway, includes two spacious bedrooms and two bathrooms. This mountainside cottage underwent a comprehensive renovation in 2013, providing a modern and comfortable home.
Boasting a spacious kitchen with robust cabinetry and a featured island bench, generously sized lounge room with bi-fold doors which seamlessly extends the living zone onto the expansive deck.

The second home, move-in-ready but with room for interior modernisation, provides an opportunity to infuse your unique style and vision. Despite needing a touch of TLC, its three to four spacious bedrooms and two bathrooms showcase the charm of yesteryear, featuring a beautiful verandah and high ceilings throughout.

Comprising approximately 3 acres of cleared flat land, fenced into the multiple house sites, the property offers versatility to be self sufficient
by running a couple of sheep and growing your own produce, with the added benefit of the onsite bore with crystal clear water.
The remaining acreage is native forest expanding along the hillside above, great for your winter firewood supplies or even to create your own private mountain bike track.

With only a short drive to either Bright and Myrtleford, and the Ovens River only a short walk away, the property is positioned to take full advantage of all our region has to offer.
Book your inspection today to truly appreciate all this property has to offer.

Property History for 5565 Great Alpine Rd, Ovens, VIC 3738

A timeline of how this property has performed in the market
Last Sold
$460,000
07 Aug 2015
Listed for Rent
$400/w
21 Oct 2024
  • 10 Mar 2025
    Listed for Sale $950,000
  • 29 Aug 2024
    Listed for Rent $400 / week
  • 19 Jan 2024
    Listed for Sale Not Disclosed
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About Ovens 3738

The size of Ovens is approximately 27.8 square kilometres. It has 1 park covering nearly 17.9% of total area. The population of Ovens in 2016 was 219 people. By 2021 the population was 197 showing a population decline of 10.0% in the area during that time. The predominant age group in Ovens is 60-69 years. Households in Ovens are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ovens work in a managers occupation.In 2021, 75.60% of the homes in Ovens were owner-occupied compared with 72.70% in 2016.

Ovens has 121 properties. Over the last 5 years, Houses in Ovens have seen a 67.39% increase in median value. As at 31 December 2025:

  • The median value for Houses in Ovens is $812,788 while the median value for Units is $802,495.
There are currently no properties listed for sale, and no properties listed for rent in Ovens on OnTheHouse. According to Cotality's data, 7 properties were sold in the past 12 months in Ovens.

Suburb Insights for Ovens 3738

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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.