A landmark estate in the heart of the Upper Yarra Valley
142–150 Dalry Road, Launching Place
Offered for the first time in 40 years.
Commanding breathtaking views across the Upper Yarra Valley, 'Yallock Park' is an outstanding rural lifestyle holding adjoining the natural beauty of Mount Toolebewong.
Encompassing a unique 113 hectares (281 acres)*, the property presents a rare opportunity to secure one of the region's most notable estates.
Approximately 0 acres
113 hectares*
Four-bedroom, two-bathroom brick farmhouse.
Recently renovated four-bedroom, two-bathroom residence on its own secluded 54-acre title.
Mixed farming.
In its entirety or as two separate contingent assets.
*Approximate.
The property's title configuration provides versatility and exceptional flexibility for family ownership, tourism ventures, corporate retreats, or multi-generational living. The result is a unique estate that successfully balances agricultural capability with exceptional living, lifestyle, and investment appeal.
“The result is a unique estate that successfully balances agricultural capability with exceptional living, lifestyle, and investment appeal.”
A cinematic film of the estate, captured across its homestead, parkland and valley outlook.
Perched on the highest point of the property and built c.1988, the magnificent 10-bedroom, 9-bathroom homestead designed by the award-winning architect Philip Cox, has been thoughtfully designed to capture breathtaking panoramic views from virtually every bedroom and living space across its two levels, with every bedroom enjoying the privacy of its own ensuite. Entry is via the upper floor, where floor-to-ceiling windows frame the spectacular outlook, complemented by a large open fireplace within the expansive open-plan living and dining area.
The upper level also features three generously sized bedrooms, a sitting room with a second fireplace, and a light-filled conservatory overlooking the heated in-ground swimming pool and north-facing alfresco areas, together with a dedicated mud room — a highly practical inclusion for a working farming estate.
The lower level includes a purpose-built gallery space, ideal for displaying artwork and adaptable for use as a games room, function area, or entertainment space. The eastern wing comprises four spacious bedrooms complementing the main first floor living areas, whilst the western wing provides independent staff accommodation and amenities.
A striking array of architectural features elevates the home's character and appeal, with soaring vaulted ceilings, exposed timber beams, strategically placed skylights and private balconies adjoining the living and bedroom areas, creating a sense of space, light and connection to the surrounding setting.
An additional floodlit hard-surface recreation area, formerly used as a tennis court and located below the main homestead, offers added versatility and potential for future enhancement.
Complementing the main residence is a well-appointed four-bedroom, two-bathroom brick farmhouse, centrally positioned within the property. The home offers comfortable accommodation for family members, extended guests or staff, whilst additionally benefiting from its close proximity to the farm's extensive working improvements, which include machinery/hay shedding and steel cattle yards.
The Gatehouse further enhances the property's exceptional accommodation offering. Positioned near the entrance of the property and accessed via its own private entry, this recently renovated four-bedroom, two-bathroom residence is situated on its own secluded 54-acre title. Offering outstanding flexibility for extended family living, staff accommodation, investment income or multi-generational ownership, the Gatehouse represents a valuable and versatile asset within the broader estate.
Yallock Park
Total land area: 113 hectares (281 acres)*
Stunning ten-bedroom, nine-bathroom homestead set at the foothills of the spectacular Mount Toolebewong and overlooking the Upper Yarra Valley
Significant accommodation infrastructure with two additional four-bedroom, two-bathroom dwellings, including one recently renovated residence, offering immediate lifestyle and investment appeal
Purpose-built gallery and exhibition facility (30m x 15m)*, offering exceptional potential for events, creative enterprises, hospitality ventures and additional income streams. The gallery comprises polished timber flooring and male and female amenities, bar and 5m* ceiling heights with secure pedestrian and vehicle
Highly versatile landholding with a balanced mix of topography that capitalises on the property's productive potential, natural beauty and panoramic vistas
Abundant natural water supply via multiple catchment dams, 3,000 litre* LPG gas storage and 350,000 litres* tank storage
Suited to a diverse range of lifestyle, commercial and/or agricultural pursuits
Ideally located 17km* south of Healesville, 68km* east of Melbourne CBD, 85km* east of Melbourne International Airport
*Approximate.
Commanding breathtaking views across the Upper Yarra Valley, 'Yallock Park' is an outstanding rural lifestyle holding adjoining the natural beauty of Mount Toolebewong.
Ideally located 17km* south of Healesville, 68km* east of Melbourne CBD, 85km* east of Melbourne International Airport
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Locations and drive times are indicative only, based on typical road conditions, and should be independently verified.
Core campaign documents are available below. The vendor statement and further legal documents are provided to qualified parties on request.
Required statutory disclosure for the property.
Section 32 disclosure. Released to qualified parties on request.
A presentation overview of the estate.
'Yallock Park' is being offered for sale in its entirety or as two separate contingent assets via Expression of Interest closing Wednesday 18th November 2026 at 4pm (AEDT).
Private inspections are available strictly by appointment.
Expression of Interest — Closing Wednesday 18 November 2026 · 4pm AEDT.
State Real Estate Manager – Victoria/Riverina
Elders
Level 36, 55 Collins StreetMelbourne, Victoria 3000