1340 Settlement Road, Pearsondale, VIC 3851 sold on 01 December 2025 | OnTheHouse
 
SOLD
Sold on 01 Dec 2025 for $532,000

1340 Settlement Road
Pearsondale VIC 3851

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 10146m2
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Property Details for 1340 Settlement Rd, Pearsondale

Building Type
Rural
Land Size
10146m2
Local Government
Wellington
Lot/Plan
1/LP138163

Last Listing description (April 2016)

This is a great opportunity to purchase an affordable house on acreage only a short drive from Sale. The treated pine log cabin sits on 2 Acres (1 Hectare) and has a fantastic rural outlook. It does need a bit of work inside and out, but with a little TLC, this property has great potential.
The home consists of three bedrooms (two with robes), kitchen/meals/living, large family room, bathroom and laundry. Features include a split system, ceiling fans, dishwasher and timber ceilings and beams throughout which give the home a cosy country feel.
There is plenty of undercover space outside with a front verandah spanning the length of the house and a rear outdoor paved area. The fully fenced above ground pool is in need of some attention but the hard work will make it worthwhile in the summer months.

A 5.5m x 6m secure bungalow with a wood fire and air-conditioning is a great addition to the property - the options for its use are endless. There is ample shedding with a large 8m x 9m shed and a smaller garden shed, both connected to power. You have the convenience of town water, two tanks (each approx. 10,000 gallons) and a bore.
If you re looking for an affordable property on acreage and not afraid of a bit of work, then 1340 Settlement Road is a must see.
For a Due Diligence Checklist go to:
consumer.vic.gov.au/?duediligencechecklist
Or call us on (03) 5144 4333

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Property History for 1340 Settlement Rd, Pearsondale, VIC 3851

A timeline of how this property has performed in the market
Last Sold
$532,000
01 Dec 2025
  • 01 Dec 2025
    Sold for $532,000
  • 10 Mar 2016
    Sold for $282,000
  • 24 Feb 2016
    Listed for Sale Not Disclosed
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About Pearsondale 3851

The size of Pearsondale is approximately 25.7 square kilometres. It has 1 park. The population of Pearsondale in 2016 was 135 people. By 2021 the population was 125 showing a population decline of 7.4% in the area during that time. The predominant age group in Pearsondale is 50-59 years. Households in Pearsondale are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Pearsondale work in a trades occupation.In 2021, 88.60% of the homes in Pearsondale were owner-occupied compared with 70.20% in 2016.

Pearsondale has 57 properties. Over the last 5 years, Houses in Pearsondale have seen a 40.05% increase in median value. As at 31 December 2025:

  • The median value for Houses in Pearsondale is $886,341 while the median value for Units is $537,386.
There are currently no properties listed for sale, and no properties listed for rent in Pearsondale on OnTheHouse. According to Cotality's data, 2 properties were sold in the past 12 months in Pearsondale.

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