Set on almost 1.5 acres of stunning scenery, this is a renovators delight.
Only 10 min drive from the main street of Daylesford, 5 minutes to Hepburn Springs and around the corner from the famous Lavandula, this property is ripe for a big change.
The original homestead does need a lot of love but don't let that worry you as its gorgeous outlooks across the hills, on a quiet no through road with 5 other houses gives you the inspiration to renovate or build your dream home (STCA).
The property is fully fenced with multiple access points, a small dam, water tanks, septic system, mains electricity and double garage.
If you are looking for an entry into the property market, or a serene and beautiful location to make your own, this property is for you.
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 31 December 2025:
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