A Luxury Family Farm Hits The Market

Few pastoral homes offer the same heightened levels of lush greenery and luxury presented in this private and privileged estate.

The 20-acre estate overlooks a landscape of Flinders’, in Victoria’s Mornington Peninsula, purest grazing land and water views towards The Nobbies and Phillip Island.

The farm gate entrance leads one through a rich working organic vineyard and established gardens to a stunning oasis.

The property boasts 7-bedrooms, 4-bathrooms and a 2-car garage spread among a multitude of structures around the expansive plot.

The main farmhouse offers a modern take on rural-chic through the heady combination of blackened timbers, lofty ceilings, exposed beams and rustic tiling, retaining plenty of character.

The heart of the home is the kitchen, complete with Liebherr refrigeration, Aga, V-Zug, Asko and Miele appliances throughout and a temperature-controlled cellar tucked away nearby

Within the main house are five of the seven bedrooms, including the stunning main with large walk-in-robes and an oversized ensuite that offers views of the landscape from the luxurious bathtub.

While the main house offers many luxuries — including hydronic heating, air conditioning, heated bench tops and floors, open fireplaces throughout and home automation systems — it is the property’s limbs that steal the show.

From the kitchen and attached open plan living comes an entertaining area complete with built in barbecue and pizza oven while further exploration will take one down to the mod grass tennis court and heated self-cleaning pool and spa complemented by the large fire pit area.

Built as the ultimate entertaining the property is the Mornington Peninsula’s ultimate private amusement centre with the ‘party barn’, separate to the main house, fitted with sunken leather lounges, a double-sided Philippe Cheminee open fire.

Also here is a top of the range golf simulator, a selection of traditional and electronic games, and fully automated bowling alley. Large barn doors and windows open to an outdoor entertaining area that’s complemented by a moonlight cinema that brings the grounds to life.

In addition to the long list of mod-cons comes a two-bedroom air-conditioned villa, located within the eucalypts that provides ideal year-round guest accommodation or executive home office.

Of course, the property is a working farm, with a vineyard and livestock, the latter of which are protected via a fox-proof enclosure for chickens and goats and an additional two paddocks for pigs, donkeys and alpacas.

The property is listed with Sotheby’s International Realty Mornington Peninsula’s Rob Curtain (+61 418 310 870). Price guide; $27.5 – $30 million. melbournesothebysrealty.com

There are 10 local council areas scattered along the East Coast of Australia that offer both affordability and solid fundamentals for sustainable future growth, according to the research team at residential property network, PRD. The areas have been selected based on five criterion. They are affordability – defined as a median house price below $600,000, rising house values, strong rental yields to encourage investment, a strong pipeline of residential, commercial and infrastructure projects to facilitate local economic development, and low unemployment.

Here are Australia’s 10 most affordable regional property markets with great future potential.

Mackay, QLD

Mackay is a tropical coastal area located in north Queensland. It’s known for its closeconnection to the Great Barrier Reef. The median house price is $462,750, up 8.9 percent in 2023. Mackay attracts a lot of interstate migrants and is home to more than 120,000 people. It has a healthy economy with an unemployment rate of 3.7 percent and $1.7 billion worth of projects due to commence this year.

Toowoomba, QLD

The Toowoomba median house price was up 10.9 percent in 2023.

Toowoomba is located west of Brisbane and is known for its Victorian buildings, street artand surrounding national parks. The median house price is $560,000, up 10.9 percent in 2023. The city has a population of more than 180,000. The unemployment rate is 4 percentand there is $6.1 billion in projects commencing in 2024.

Townsville, QLD

Townsville is a coastal city in north-eastern Queensland. The median house price is $420,000, up 5 percent in 2023. It is home to more than 200,000 people. Unemployment is very low at 2.5 percent and there is $3.2 billion of projects commencing this year.

Dubbo, NSW

Dubbo is located west of Newcastle in the Orana Region and is home to the Western Plains Zoo. The median house price is $530,000, up 11.6 percent in 2023. The population has exploded in recent years to more than 56,000 people. The unemployment rate is just 2.2percent and the economy is thriving. There is a pipeline of $4.7 billion in projects commencing this year.

Tamworth, NSW

Located in north-east NSW, Tamworth is known for its popular annual Country Music Festival. It’s also the largest retail centre for the New England and Northwest Slopes regions. The median house price is $490,000, up 14 percent in 2023. With a population of more than 65,000 people, the economy is strong with unemployment of just 2 percent and $112.4million worth of projects commencing this year.

Griffith, NSW

Located west of Sydney and northwest of Canberra, Griffith is known for its prime produce production and wine cultivation. The median house price is $531,000, up 2.1 percent in 2023. Griffith’s population is about 27,000 people. The city boasts high economic resilience with a 2 percent unemployment rate and $258.7 million in projects in the pipeline.

Ballarat, VIC

Ballarat is a 1.5–hour drive west of Melbourne. It’s popular with city commuters who move here for housing affordability and a relaxed lifestyle with easy access to the city via train. The median house price is $570,000, down 4.2 percent in 2023 but up 92.9 percent over the past decade. The city has the third highest population in Victoria at about 118,000. Ballarat has an unemployment rate of 3 percent and a total projects pipeline worth $2.3 billion for 2024.

Shepparton, VIC

Shepparton is a rural area about two hours north of Melbourne. It is popularly referred to as ‘the food bowl of Australia’. The median house price is $475,000, up 4.4 percent in 2023. The population is about 70,000. The unemployment rate is just 2 percent and there is $1.8 billion in projects for 2024.

Wodonga, VIC

Wodonga is located on the border of NSW on the southern side of the Murray River. It is approximately 320km from Melbourne and 345km from Canberra. The median house price is $567,250, up 4.7 percent in 2023. With a population of about 44,000, the city’s jobless rate is 3 percent and there is $388.2 million in development set to commence in 2024, primarily new infrastructure.

Burnie, TAS

Burnie is a bustling port city located in Emu Bay in Tasmania’s north-west. Overlooking beaches and parklands, the area is known for its rich agriculture and mining projects. The median house price is $435,000, up 3.6 percent. Despite a rising population, the unemployment rate is falling and is currently 5.6 percent. In 2024, Burnie’s project pipeline is valued at approximately $1.6 billion. A significant portion is commercial development, primarily renewable energy projects.