37 Wallaby Way, Pheasant Creek is a 4 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 20300m2. While the property is not currently for sale or for rent, it was last transferred in August 2021.
There is a lot more to 37 Wallaby Way than its five acres.
Set across approximately 2.03 hectares in Pheasant Creek, the property combines a substantial country residence, usable land and a beautiful natural creek environment, all within easy reach of Kinglake, the broader Yarra Valley and Melbourne CBD.
The two-storey residence extends to approximately 300m and provides four bedrooms, two bathrooms and accommodation for three vehicles.
Oriented to the north, the residence captures beautiful natural light throughout the year. Generous living spaces, brickwork, timber detailing and large windows give the home genuine country character while maintaining a strong connection with the surrounding landscape.
Outside is where the property really comes into its own. An expansive paved and brick entertaining area provides a substantial outdoor space for family gatherings, long lunches and entertaining, with the established surrounds creating a private backdrop.
Adding another layer to the lifestyle appeal is the outdoor bath an ideal spot to unwind and soak up the peace and privacy of the surrounding bushland. Whether enjoyed under the stars or surrounded by the sounds of nature, it is a feature that captures the essence of the propertys relaxed country lifestyle.
The five acres provide plenty of usable space around the residence, complemented by a substantial shed offering excellent storage, workshop or additional utility space.
Towards the eastern side of the property, the landscape changes completely as the land falls towards a natural creek line. Mature vegetation and established tree cover create an almost self-contained ecosystem, noticeably cooler and more sheltered than the open areas above and giving this part of the property a character all of its own.
Despite its peaceful rural setting, 37 Wallaby Way remains within easy reach of Melbourne CBD, offering the increasingly sought-after combination of country living and city accessibility. The property provides an opportunity to escape the pace of the city without being completely disconnected from it making the commute to Melbourne a realistic option while returning home to five acres of privacy and natural surroundings.
Pheasant Creek also provides a genuine country environment with an easy connection to Kinglake, the Yarra Valley and Melbourne. Wineries, restaurants, farm gates, walking trails and the villages of the surrounding region are all within reach, making this an appealing base from which to enjoy one of Victorias most established lifestyle and tourism regions.
For an owner occupier, there is the space and privacy to make a permanent move to the country without taking on an extensive rural holding. For those looking for a tree change or weekend escape, it offers an immediate change of pace while remaining within reach of Melbourne CBD. The combination of substantial accommodation, five acres, natural surroundings, outdoor entertaining and the distinctive outdoor bath creates a property designed as much for enjoying life as it is for living in.
The scale of the residence, five-acre setting and connection to the Yarra Valley and Kinglake region could also lend itself particularly well to Airbnb or other short-term accommodation, subject to any necessary approvals.
Established, private and full of character, 37 Wallaby Way offers a compelling combination of substantial accommodation, five private acres, excellent shedding and a natural environment that gives the property its own identity.
Expressions of Interest closing Wednesday, 11 November 2026 at 2:00pm unless sold prior.
For further information or to arrange a private inspection, please contact exclusive selling agents Gerard Kennan on 0413 139 231 or Lachlan Castran on 0475 000 888.
Castran Celebrating over 40 years as Property Leaders.
Disclaimer: All information about the property has been provided to Castran TM Pty Ltd by third parties. Castran TM Pty Ltd has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.
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The size of Pheasant Creek is approximately 17.5 square kilometres. There are 2 parks, covering nearly 3.0% of the total area. The population of Pheasant Creek in 2016 was 322 people. By 2021 the population was 360 showing a population growth of 11.8% in the area during that time. The predominant age group in Pheasant Creek is 50-59 years. Households in Pheasant Creek are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Pheasant Creek work in a trades occupation.In 2021, 95.10% of the homes in Pheasant Creek were owner-occupied compared with 93.20% in 2016.
Pheasant Creek has 169 properties. Over the last 5 years, Houses in Pheasant Creek have seen a -11.85% decrease in median value, while Units have seen a 33.23% increase. As at 30 September 2026:
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