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VIC › Mount Cole › Mount Cole Rd

197 Mount Cole Rd, Mount Cole VIC 3377

For saleRural Property

$1,400,000

For sale

Asking

7

Bedrooms

5

Bathrooms

3

Car spaces

323,748.514 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,400,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,400,000(Listing record · 7 May 2026)
  • FactLand 323,749 m²; no building size recorded.(Property record)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

The ask against the evidence

Asking

$1,400,000

Asking · $4/m² of land

No recorded sale for this property.

Mount Cole at a glance

No data

Median sale

No data

Median rent

No data

Suburb gross yield

See the full Mount Cole report →

Total cost to purchase

Purchase Price
$1,400,000
Stamp Duty (Victoria)
$77,000
Transfer/Registration Fee
$3,380
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,484,080

$84,080 on top of the price (6.0% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

No rent is recorded for this listing. Enter a weekly rent to model yield.

Enter a purchase price and weekly rent to calculate yield.

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$1,400,000available6 May 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

Rental

Income, competition, and yield

What will it realistically rent for?

No advertised rent and no suburb rent aggregate are loaded. Official bond files are not loaded. Listing rent and suburb aggregates are evidence, not this address’s rent.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

0 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Unknown

    No advertised rent and no suburb rent aggregate are loaded. Official bond files are not loaded. Listing rent and suburb aggregates are evidence, not this address’s rent.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Mount Cole in one glance

Mount Cole at a glance

No data

Median sale

No data

Median rent

No data

Suburb gross yield

See the full Mount Cole report →

Keep researching

  • Why Mount Cole? Read the area thesis →
  • What else is on the market in Mount Cole →
  • Other records on Mount Cole Rd →

Listing material

Listed by Elders Real Estate Ararat

Mountainside Wines - Lifestyle, Income & Escape at the Foot of Mount Cole

Elders Real Estate Ararat is proud to present Mountainside Wines to the market. A unique lifestyle estate offering an exceptional combination of established income, tourism potential, and peaceful country living in one of Western Victoria's most picturesque regions.

Positioned on approximately 80 acres at the base of Mount Cole, Mountainside Wines is a property that immediately captures the beauty and tranquillity of the region. Surrounded by rolling countryside, native wildlife, and sweeping rural views, the estate offers an enviable lifestyle while also providing genuine business and tourism opportunities in the heart of Victoria's thriving food and wine country.

Perfectly located within close proximity to both the renowned Grampians Wine Region and the celebrated Pyrenees Wine Region, the property sits amongst some of the state's most respected wineries, cellar doors, restaurants, and tourism attractions. The region draws visitors year-round for its spectacular mountain ranges, hiking trails, and wine experiences. Positioned within this established tourism corridor and only approximately two hours from Melbourne, Mountainside Wines offers the rare ability to enjoy complete rural serenity without sacrificing accessibility. Nearby regional centres including Ararat and Ballarat provide all essential services, shopping, schools, and healthcare while still allowing the property to retain the privacy and peaceful atmosphere buyers seek in a true lifestyle escape.

Read the full description

The estate centres around an established boutique wine operation with approximately 4 hectares of mature vines planted in the late 1990s, including Shiraz, Nebbiolo, and Viognier varieties. The vineyards and wider property are fully irrigated and supported by excellent water infrastructure including large surface dams, bore water, and a water licence from Sheppard's Creek. A fully operational winery, cellar door, wine storage facilities, extensive shedding, registered kitchen, function centre, and substantial freshwater tank storage provide the foundations for an immediately operational business with enormous potential for future growth and diversification. Approximately 50 established olive trees further complement the offering, creating additional boutique produce opportunities. Whether continuing the existing wine business, expanding production, or developing the tourism and events side of the property, the infrastructure and scale are already in place to support a range of future ventures.

One of the property's most appealing features is the flexibility provided by its multiple dwellings and accommodation options. The main four-bedroom residence overlooks Sheppard's Creek and offers comfortable family living with generous proportions and beautiful rural outlooks. Separate from the homestead is the two-bedroom "Shiraz House," positioned on its own title and currently leased to a reliable tenant, while also lending itself perfectly to farm stay or guest accommodation. The charming one-bedroom "Blue House" has become a successful Airbnb retreat, offering guests a peaceful and private country escape immersed in nature. In addition, a two-bedroom sleepout provides further accommodation for guests, seasonal workers, or extended family. Together, the dwellings create multiple income streams and offer exciting flexibility for boutique accommodation, wellness retreats, multi-generational living, tourism ventures, or caretaker accommodation.

Beyond the infrastructure and business opportunity, Mountainside Wines is ultimately a property about lifestyle. The landscape feels private, calming, and deeply connected to nature, with kangaroos, wallabies, echidnas, deer, hare, and abundant birdlife regularly seen throughout the property. Wide-open skies, fresh country air, and the natural beauty of the Mount Cole backdrop create a setting perfectly suited to wellness experiences, food and wine events, creative retreats, private functions, and nature-based tourism. It is a place where people can slow down, entertain, reconnect, and enjoy the best aspects of regional living.

Properties that combine established income streams, productive land, tourism appeal, and genuine lifestyle credentials are becoming increasingly difficult to find. Mountainside Wines presents a rare opportunity to secure a ready-made rural enterprise while embracing an exceptional country lifestyle in one of Victoria's most tightly held regional destinations.

The property can be offered on a walk in walk out basis, contact the selling agent for more information.

Listing description written by Michael Fratin, Elders Real Estate Ararat — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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