127 Balgonie Lane, Perry Bridge, VIC 3862 sold on 21 July 2025 | OnTheHouse
SOLD
Sold on 21 Jul 2025 - Price Unavailable

127 Balgonie Lane
Perry Bridge VIC 3862

Bedrooms: 5
Bathrooms: 3
Car spaces: 13
Land area: 122ha
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Property Details for 127 Balgonie Lane, Perry Bridge

Building Type
Rural
Land Size
122ha

Last Listing description (July 2025)

151 years of significant Gippsland farming heritage is neatly wrapped up and ready to go in this single title, 124* hectare / 302* acre farm.

Located just 20* minutes north-east of Sale, in the tightly held farming district of Perry Bridge, Balgonie Estate features the original and thoughtfully renovated Balgonie Homestead, the former Farm Manager's cottage, now utilised for AirBnB guests and a productive Angus breeding and fattening operation spread over fertile rolling pastures.

THE HOMESTEAD

The name Balgonie comes from Balgonie Castle in Fife, traditional Scottish home of the Sibbalds who built the homestead in 1874.

The main homestead has been thoughtfully renovated and extended, retaining original features such as redgum and baltic flooring, bay window, French doors in all bedrooms opening onto the veranda, fireplaces and mantle pieces in bedrooms, pressed metal ceiling and large veranda. The 9 square extension and renovation has utilised the north-facing aspect so the main living areas combined with high ceilings give a light and airy feel. It has three bedrooms, 2 bathrooms and 2 living areas.

Established and easily maintained cottage gardens surround the home and provide a tranquil and relaxed setting all year round.

THE AirBnB COTTAGE

The second property is a two-bedroom cottage. Renovated in 2022 and fully furnished, the cottage is a highly sought after AirBnB bed and breakfast farm-stay location for Gippsland tourists. Rated among AirBnB's top 5% hosts, with 50% occupancy throughout 2024, the cottage generates excellent income.

A link to the AirBnB listing can be found here: https://www.airbnb.com.au/rooms/51272240?_set_bev_on_new_domain=1745972392_EAMWM5NDA2NTI3OD&source_impression_id=p3_1745972397_P3ukzRZ7sbI_kEkv

THE FARM

A well-planned 302* acre layout of 16 paddocks with connecting laneways, large catchment dams and bore, Balgonie Estate is a productive and versatile grazing property with an excellent balance of arable and undulating pastures.
Currently utilised for the breeding and fattening of Angus cattle, historically carrying 120 cattle plus 30 breeders, the farm also has a rich history of sheep and wool production and includes the original 3 stand shearing shed and 2 sets of yards; one set up for sheep, the other for cattle including a heavy-duty Vet cattle crush.

Further farm improvements include a 3 bay machinery shed, hay shed, 5 tonne silo and good paddock fencing constructed of mostly treated pine and star pickets to a combination of ring-lock and 5 to 7 strand livestock wire.

Water security is underpinned solid annual rainfall of 618.9mm* (*BOM Stratford) captured within a network of several natural gully dams. An excellent bore refurbished in February 2025, supplies further stock and domestic water to 7 paddocks, the homestead and surrounding gardens.

THE LOCATION

Balgonie Estate is situated a short distance north-east of the vibrant Gippsland regional township of Sale, in a region highly regarded for agricultural and lifestyle pursuits, being close to the Ninety Mile beach, Gippsland Lakes and Victoria's snow fields to the north.

• Sale - 23km*, 20 minutes
• Lake Wellington - 21km*, 23 minutes
• Traralgon - 71km*, 55 minutes
• Bairnsdale - 52km*, 38 minutes

Currently generating dual income through on farm primary production and AirBnB activities, Balgonie Estate is an attractive option for pastoralists looking to grow profitable scale to an existing portfolio, or for families and individuals seeking a high-calibre country lifestyle change.

For further information and to arrange an inspection please contact Greg Tuckett, Elders Sale, on 0428 826 600, or Jason Hellyer, Ray White Rural Victoria, on 0403 043 571.

*Approximately.

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Property History for 127 Balgonie Lane, Perry Bridge, VIC 3862

A timeline of how this property has performed in the market
Last Sold
21 Jul 2025
  • 21 Jul 2025
    Sold for $2,200,000
  • 30 Apr 2025
    Listed for Sale Private Sale - Contact Agent
  • 23 Apr 1993
    Sold for $290,000
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About Perry Bridge 3862

The size of Perry Bridge is approximately 141.7 square kilometres. It has 2 parks covering nearly 9.1% of total area. The population of Perry Bridge in 2016 was 75 people. By 2021 the population was 72 showing a population decline of 4.0% in the area during that time. The predominant age group in Perry Bridge is 50-59 years. Households in Perry Bridge are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Perry Bridge work in a managers occupation.In 2021, 86.20% of the homes in Perry Bridge were owner-occupied compared with 83.30% in 2016.

Perry Bridge has 71 properties. Over the last 5 years, Houses in Perry Bridge have seen a 69.98% increase in median value. As at 30 November 2025:

  • The median value for Houses in Perry Bridge is $528,153 while the median value for Units is $668,534.
There are currently 1 property listed for sale, and no properties listed for rent in Perry bridge on OnTheHouse. According to Cotality's data, 3 properties were sold in the past 12 months in Perry bridge.

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Contact agent
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Jason Hellyer
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Ray White Rural Victoria
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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.