590 Eltham Yarra Glen Road, Kangaroo Ground, Vic 3097

ESR: $1,550,000 - $1,650,000

House
Type
4
Bedrooms
1
Bathrooms
2
Parkings
5.67 ha
Area

Last updated on Wednesday, September 02, 2026 ( See property details for 590 Eltham Yarra Glen Road, Kangaroo Ground, Vic 3097)

ESR: $1,550,000 - $1,650,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A rare opportunity to acquire a substantial acreage property in Kangaroo Ground with versatile potential for renovation or new development, set in a highly sought-after location.

🏡 Property Highlights

  • Approximately 14 acres of premium blue-chip land in Kangaroo Ground
  • Substantial family home with four bedrooms and versatile basement space
  • Fenced paddocks suitable for hobby farming and equestrian pursuits
  • Potential to renovate, extend, or rebuild into a grand country estate
  • Close proximity to Kangaroo Ground War Memorial Park, schools, and shopping
  • Easy access to Yarra Valley wineries and Melbourne city

✨ Key Features

  • Garage
  • Open-Plan Living
  • Waterfront / Views
  • Outdoor Area
  • Built-in Robes
  • Ensuite
  • Home Office / Study
  • Shed
  • Pet-Friendly
  • Security Screens / Gates

Kangaroo Ground is a highly desirable semi-rural suburb renowned for its spacious landholdings and scenic beauty. It offers a peaceful lifestyle with close proximity to parks, schools, and local amenities. The area is perfect for those seeking privacy, space for hobbies, and a strong community feel. Its location provides easy access to Melbourne and the Yarra Valley, making it ideal for both work and leisure. Kangaroo Ground remains a tightly held enclave, prized for its exclusivity and natural charm.

What are the renovation possibilities for this property?
The existing home offers significant potential for renovation, extension, or rebuilding to create a custom country estate or modern family residence, subject to council approval.
Is the land suitable for equestrian pursuits?
Yes, the fenced paddocks are ideal for hobby farming, horse riding, and other outdoor activities.
What amenities are nearby?
The property is close to Kangaroo Ground War Memorial Park, local schools including Kangaroo Ground Primary School and Eltham College, as well as shopping and cafes in Research and Eltham.
Can I develop additional structures on the land?
Development options such as a pool, tennis court, or studio are possible subject to council approval, offering scope for a bespoke country estate.
What is the condition of the existing home?
The home requires work and renovation but provides a solid foundation with four bedrooms, a basement level, and versatile spaces for future use.
Are there any zoning restrictions or easements affecting the property? What are the potential costs for renovations or extensions? Are there any existing planning permits or approvals in place? Is the property prone to flooding or bushfire risks? Are there any upcoming developments or planning activities in the area that could impact the property’s value? What are the strata or council rates, and are there any additional levies? Are there any hidden costs associated with land clearing or infrastructure upgrades? Has the property been inspected for structural issues or pest infestations?

590 Eltham Yarra Glen Road, Kangaroo Ground, Vic 3097 - More Details

ESR: $1,550,000 - $1,650,000

Not every dream acreage begins with polished stone benchtops and a magazine-ready façade. Some begin with a gate, a long look across open land, and the sudden realisation that opportunities like this have become almost mythical in Kangaroo Ground.

Here, on approximately 14 acres (approx.) in a premium blue-chip position, the romance is in the scale, the setting and the sheer possibility. This is the sort of holding that stirs big plans and bold imaginations: fenced paddocks, vast stretches of usable land, and a substantial family home waiting for someone with vision, courage and an eye for value.

The residence itself is no shrinking violet. Big, solid and rich with potential, it offers four generous bedrooms, a bathroom, laundry and kitchen with electric cooking, while the basement level runs the entire length of the home. Downstairs, two distinct areas plus a garage open the door to all manner of future uses, from workshop and storage to studio, retreat or serious utility space. Yes, it needs work. Quite a bit of it. But that is precisely where the magic lies.

Renovate it. Rework it. Extend it. Transform it into a grand country estate. Or start again and create the forever home that lives in your head rent-free: a striking architectural residence with pool, tennis court, menage and room to breathe (subject to council approval). In a location like this, the land is the headline and the future is the story.

And what a story it could be.

The paddocks are already fenced and ready for hobby farming, equestrian pursuits or simply the deeply satisfying pleasure of owning land that actually does something more than look pretty from a kitchen window. This is acreage with purpose. Space for ponies, space for projects, space for kids to roam, space for a lifestyle that feels increasingly out of reach for so many buyers.

Yet this is not isolation masquerading as prestige. This address places you moments from the newly refurbished Kangaroo Ground War Memorial Park, just minutes from Eltham College, Kangaroo Ground Primary School and the everyday ease of shopping and cafés in Research and Eltham. Doncaster is an easy commute when city obligations call. Head the other way and before long you are in Yarra Glen, standing at the gateway to the Yarra Valley with its cellar doors, produce and weekend indulgences.

That combination is what makes this offering so compelling: significant land, serious upside and a coveted location that needs no embellishment. Kangaroo Ground remains one of those enviable pockets buyers whisper about, monitor closely and wait years to enter.

And here is the twist that will stop people in their tracks: this property will be priced to deliver exceptional, almost unheard-of value. For the astute purchaser, this is a remarkable chance to buy into a tightly held blue-chip suburb, secure substantial acreage and create something extraordinary.

For many, this is the dream.

For others, this is the first time the dream may have felt genuinely possible.
Type
House
Bedrooms
4
Bathrooms
1
Parkings
2
Area
5.67 ha

Price guide

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