Back 590 Eltham-Yarra Glen Road
Off Market

590 Eltham-Yarra Glen Road

Kangaroo Ground VIC 3097

4
1
2
56655.99 m²
House
Last sold for $1,400,000
Lucas PeressiniLucas Peressini, last sold this property on 18 April 2026 after 24 days on market.

Overview

Unrivalled Kangaroo Ground Opportunity - 14 Acres (approx.)

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.

Features

4 bedrooms
1 bathroom
2 carspaces
56655.99 m² lot size
House

Estimated Value

We need at least 3 similar 4 bedroom houses sold in Kangaroo Ground over the last 12 months.

Property history for 590 Eltham-Yarra Glen Road

2026
Sold
$1,400,000
Auction Sale on 18 Apr 2026 by Lucas Peressini, of Morrison Kleeman - Eltham

Happy sellers in Kangaroo Ground

86%
86% of sellers in Kangaroo Ground reported that their sale price either exceeded or met their price expectations.

Kangaroo Ground stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 7 reviews in Kangaroo Ground over the last 12 months.

Local market activity for 4 bedroom houses in Kangaroo Ground

In the last 12 months, 2 four-bedroom houses similar to 590 Eltham-Yarra Glen Road, have been sold.

This represents a 67% increase in four-bedroom houses sales when compared to the previous 12 months.

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