140 Wayman Road, Shepherds Flat, VIC 3461 | Property Value & History | OnTheHouse
OFF MARKET

140 Wayman Road
Shepherds Flat VIC 3461

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 97m2
Land area: 5747m2
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Property Details for 140 Wayman Rd, Shepherds Flat

140 Wayman Rd, Shepherds Flat is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 5747m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
House
Floor Size
97m2
Land Size
5747m2
Local Government
Hepburn
Lot/Plan
3~B1/PP2618

Last Listing description (September 2025)

This expansive allotment spanning 6.5 hectares or over 16 acres offers both a tranquil escape and a blank canvas bursting with potential, perfect for those looking to build their dreams or yearn for a genuine tree change.

The parcel is zoned Rural Living and comes with an existing three room studio equipped offering with Coonawarra wood fire. For power, you have the flexibility of using a battery or a generator. The property also provides ample storage and utility solutions with its carport, woodshed, container shed, and chicken coop.

Water needs are well-met, with two 5,000-liter water tanks and a substantial 25,000-litre tank. The flat grounds are dotted with mature trees, providing shade and adding to the ambience, while the presence of a dam enhances the beauty and functionality.

Tranquillity reigns supreme here. Over 95 species of birds have been observed, providing a gentle soundtrack to your days, occasionally punctuated by the gentle rustle of kangaroo, wallaby and echidna wildlife.

Potential builders can capitalise on the existing permits for a 2-bedroom house and septic tank. With stumps already positioned, there's a clear path forward, yet there's also flexibility for the next owner to mould the space to suit their unique vision (STCA). From portable homes and agricultural endeavours to hobby farms and studios, the possibilities are vast and varied.

Clean air, a pollution-free environment, and the chance to stargaze on clear nights make this more than just a land purchase, it's an investment in a healthy balanced lifestyle. As an added bonus, the property borders conservation land, a real perk for those with Land Care inclinations. Plus, it has been approved as a Land for Wildlife Property.

Although the setting is peaceful, it's well-connected to local gems such as the Lavendula Lavender, Swiss Italian Farm, and Cricket Willow. Both Hepburn Springs and Daylesford, renowned for rest and rejuvenation, dining, arts, and shopping, are just 10 and 15 minutes away. The neighbouring towns of Castlemaine and Woodend are easily accessible, while Ballarat and Bendigo lie less than an hour's drive away. Moreover, Melbourne and Geelong is a mere 90-minute journey.

FEATURES

Studio with 3 rooms, woodfire, ability to connect to generator | battery
Carport , outhouses|sheds, chicken coop
Dam & tanks
Hepburn Shire Council Zoned : Rural Living
Permit with endorsed plans , to commence Aug 2024 and complete by Aug 2026
Private, tranquil with an abundance of birdlife, wildlife, flora & fauna
Conservation Eco opportunity with township amenities nearby
Daylesford & Hepburn Springs Twin-towns within 10-15 min drive
Wood End, Castlemaine, Ballarat and Bendigo within 60min drive.
Melbourne and Geelong within 90 min drive

NOTE: the general public is only permitted to access the land at advertised opens, contact agent 0431 853 727 to register interest and confirm access arrangements

Property History for 140 Wayman Rd, Shepherds Flat, VIC 3461

A timeline of how this property has performed in the market
Last Sold
$539,000
07 Oct 2023
  • 07 Oct 2023
    Sold for $539,000
  • 14 Sep 2023
    Listed for Sale $539,000
  • 05 Oct 2013
    Listed for Sale 350000
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About Shepherds Flat 3461

The size of Shepherds Flat is approximately 26.8 square kilometres. It has 5 parks covering nearly 49.8% of total area. The population of Shepherds Flat in 2016 was 66 people. By 2021 the population was 71 showing a population growth of 7.6% in the area during that time. The predominant age group in Shepherds Flat is 50-59 years. Households in Shepherds Flat are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Shepherds Flat work in a trades occupation.In 2021, 96.70% of the homes in Shepherds Flat were owner-occupied compared with 80.70% in 2016.

Shepherds Flat has 82 properties. Over the last 5 years, Houses in Shepherds Flat have seen a 132.20% increase in median value. As at 30 November 2025:

  • The median value for Houses in Shepherds Flat is $772,107 while the median value for Units is $952,446.
There are currently 2 properties listed for sale, and no properties listed for rent in Shepherds flat on OnTheHouse. According to Cotality's data, 3 properties were sold in the past 12 months in Shepherds flat.

Suburb Insights for Shepherds Flat 3461

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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.