493 Myola East Road, Toolleen, VIC 3551 sold on 21 October 2025 | OnTheHouse
 
SOLD
Sold on 21 Oct 2025 - Price Unavailable

493 Myola East Road
Toolleen VIC 3551

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Land area: 155ac
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Property Details for 493 Myola East Rd, Toolleen

493 Myola East Rd, Toolleen is a 5 bedroom, 2 bathroom AcreageSemi-rural with 2 parking spaces. The property has a land size of 155ac. While the property is not currently for sale or for rent, it was last sold in October 2025. There are other 5 bedroom AcreageSemi-rural sold in Toolleen in the last 12 months.

Building Type
AcreageSemi-rural
Land Size
155ac

Last Listing description (October 2025)

This soulful mud brick homestead is set on 155 acres of highly sought-after Toolleen country, just 90 minutes from Melbourne Airport, and within easy reach of Bendigo and Heathcote's renowned wine region. This exceptional lifestyle property blends rural charm, income-generating potential, and modern comfort in one of Central Victoria's most versatile farming districts.

The Toolleen area is renowned for its rich agricultural heritage, long supporting wool production, livestock breeding, cropping, olives, and vineyards. This property continues that legacy, with fertile self-mulching Myola soils, gently undulating terrain for natural drainage and catchment, and outstanding water security. A solar-powered, unmetered bore delivers a near-endless supply of water, plumbed directly to every paddock and supported by four dams.

An established olive grove of approximately 60 trees, productive fruit trees, and fully fenced paddocks make the property ideal for hobby farming, sustainable living, or running a diverse rural enterprise. Whether your passion lies in beef or sheep farming, broad-acre cropping, raising grazing animals, or fulfilling the dream of creating your own boutique vineyard, this property is ready to support it all-and has the capacity to financially sustain itself.

The main residence is a handcrafted mud brick masterpiece, designed with passive solar principles to ensure year-round comfort and low energy costs. Featuring five spacious bedrooms, two bathrooms, a study, a large attic, and open-plan living with a Cheminees Philippe wood heater at its heart, the home is both striking and practical. The large, country-style kitchen is a highlight, offering modern (bottled) gas cooking facilities alongside a charming Stanley combustion wood fire stove and oven-perfect for hearty meals and gatherings with family and friends. Dormer windows, a dramatic gable roof, wide verandahs, and quality solar systems complete this warm and inviting retreat.

A second original weatherboard home offers exciting potential for restoration-perfect for guest accommodation, multigenerational living, or even a bed-and-breakfast.

Extensive infrastructure includes:
• Two hay sheds, a 2-Stand shearing shed + a separate lambing/calf shed
• 6-bay open machinery shed, 5-bay shed with enclosed garage + additional sundry sheds
• Steel cattle yards and crush
• Garage/workshop and multiple water tanks for domestic use totalling 176,000L
• Piped pressurised water to all paddocks

Enjoy the best of country life with modern convenience:
• 20 minutes to Heathcote's boutique wineries and cafes
• 30 minutes to Bendigo's city amenities
• 15 minutes to Lake Eppalock for water sports and recreation
• 50 minutes to Echuca and the Murray River

This is an extraordinary opportunity for professionals seeking a rural lifestyle within commuting distance, hobby farmers ready to expand, or retirees in search of a peaceful and productive escape.

A property of this calibre, location, and versatility rarely comes to market.

A copy of the Due Diligence checklist can be found at: https://www.consumer.vic.gov.au/duediligencechecklist

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Property History for 493 Myola East Rd, Toolleen, VIC 3551

A timeline of how this property has performed in the market
Last Sold
21 Oct 2025
  • 30 Sep 2025
    Sold for $1,365,000
  • 16 Jun 2025
    Listed for Sale $1.45 - $1.55M
  • 31 Jan 2025
    Listed for Sale $1.45 - $1.55M
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About Toolleen 3551

The size of Toolleen is approximately 158.0 square kilometres. It has 2 parks covering nearly 13.0% of total area. The population of Toolleen in 2016 was 182 people. By 2021 the population was 221 showing a population growth of 21.4% in the area during that time. The predominant age group in Toolleen is 50-59 years. Households in Toolleen are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Toolleen work in a trades occupation.In 2021, 79.50% of the homes in Toolleen were owner-occupied compared with 90.80% in 2016.

Toolleen has 196 properties. Over the last 5 years, Houses in Toolleen have seen a 84.22% increase in median value. As at 31 December 2025:

  • The median value for Houses in Toolleen is $675,247 while the median value for Units is $460,374.
There are currently 1 property listed for sale, and no properties listed for rent in Toolleen on OnTheHouse. According to Cotality's data, 5 properties were sold in the past 12 months in Toolleen.

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Patrick Skahill
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Elders Real Estate Bendigo
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