510 Hepburn-Newstead RoadShepherds Flat VIC 3461
Property Details for 510 Hepburn-Newstead Rd, Shepherds Flat
510 Hepburn-Newstead Rd, Shepherds Flat is a 2 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 143740m2. While the property is not currently for sale or for rent, it was last sold in November 2023.
Last Listing description (August 2025)
This is a rare opportunity to acquire a picturesque and versatile rural property. Set on approx. 38 acres [15.38 ha] of fenced pasture with mature gums, this two-bedroom cottage is in an idyllic setting. Sit on the veranda and enjoy scenic views or watch the wonderful sunsets.
Only a 12-minute drive to Daylesford, just over a 20-minute drive from Castlemaine, and 90 mins to Melbourne. Enter via the long drive, past the dam and the iconic rural windmill to arrive at this cute home. Comprising two bedrooms and a family bathroom, a large open-plan living, dining and kitchen area has recently been on the permanent rental market. Still, it could be your family home, weekend getaway or small farm holding.
Situated in the historic goldfields setting with long views, the house has warm and cosy wood fire heating in the winter, making this a very comfortable lifestyle retreat. The tranquil, private views from the verandah will delight you, and you will never want to leave.
The fully fenced property is divided into several paddocks and has 2 dams, a seasonal creek, a windmill pump, a large 3-section, high-bay shed with power connected, a stock loading ramp and water tanks. The land is currently used to agist cattle. Still, it could equally be used for horses, or other stock. Wildlife abounds with diverse birdlife attracted and plenty of kangaroos, wallabies and echidnas.
Features:_
2 Bedrooms and 1 Bathroom with surrounding verandah
38 acres approx, fully fenced.
Large farm sheds, with high-bay and workshop area
Water tanks, 2 dams and an iconic windmill
Gas bottles, septic system and mains power
Abundant wildlife, as well as the space to run stock or horses
Zoned Farming
Ideal family home, country retreat or weekend getaway
Inspection by appointment
Property History for 510 Hepburn-Newstead Rd, Shepherds Flat, VIC 3461
- 13 Nov 2023Listed for Rent - Price not available
- 10 Nov 2023Sold for $900,000
- 19 Dec 2022Listed for Sale $980,000
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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.
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