A golden opportunity to invest in high-quality small-acre farmland a pleasant, twenty-minute drive from Kyneton and only a few kms down the road from the rural hamlet of Redesdale, 'Cavanagh's Run' features fertile volcanic soils in three well-fenced paddocks, field stone walls, a windmill (bore sunk 2009), a 9000 litre poly tank, three grain silos (14m3 to 48m3) and a 15mx6.5m four-bay hay/tractor shed surrounded by wonderful verdant countryside.
Glorious old river red gums stand sentinel, where they have been quietly presiding over the land for two centuries or more, enhancing the appeal of both the west and east paddocks upon which the land-owner currently runs sheep and cattle but which have, in recent seasons, been very successfully sown with crops of oats and clover.
Planning Permit DR/592/2013 from the City of Greater Bendigo for the use and development of a dwelling (approved in December 2013) puts your mind at rest regarding your dream home construction rights. This could be exactly what you've been dreaming of for all these years.
The size of Redesdale is approximately 119.7 square kilometres. The population of Redesdale in 2016 was 240 people. By 2021 the population was 299 showing a population growth of 24.6% in the area during that time. The predominant age group in Redesdale is 50-59 years. Households in Redesdale are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Redesdale work in a trades occupation.In 2021, 83.20% of the homes in Redesdale were owner-occupied compared with 82.00% in 2016.
Redesdale has 304 properties. Over the last 5 years, Houses in Redesdale have seen a 31.59% increase in median value, while Units have seen a -20.48% decrease. As at 31 July 2026:
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