Press Release
Rare opportunity to secure one of Victoria’s most distinguished rural properties Yellangip homestead
Victoria
October 1, 2024
Media Contact
Senior Communications Specialist, Australia

Surrounded by an established garden and mature sugar gums set on 48 acres along the picturesque Mt Emu Creek in Darlington, the historic Federation-style Yellangip homestead offers a rare opportunity to own a piece of Victoria’s rural heritage.
CBRE’s Matt Childs is managing the sale and said the property’s unique integration of historic beauty with a modern restoration would appeal to a range of buyers.
“This property is a rare blend of historical charm and modern sustainability, making it an outstanding lifestyle estate,” said Mr. Childs. “It’s a perfect opportunity for those seeking a luxurious yet sustainable rural retreat.”
“Yellangip is a remarkable offering, not just for its rich history and architectural beauty, but also for the extensive restoration it has undergone. The attention to detail in modernising this homestead while preserving its heritage is second to none. The combination of a stunning garden setting, complete with a pool and spa, along with the pristine creek frontage, creates a truly special environment for prospective buyers.
“We are anticipating significant interest, particularly given the high standard of the restoration and the property’s unique combination of privacy, natural beauty, and historical significance. The price expectations for this estate are circa $3 million, offering exceptional value for such a prestigious property.”
Located just over two hours from Melbourne and close to local towns such as Derrinallum and Mortlake, the 75sqm homestead dates back to 1908 and was designed by renowned architect W. Pierre Knights.
With a 500m driveway the residence, located at 170 Darlington-Carranballac Road, features deep wrap-around verandas and is nestled in a private and scenic setting with a kilometer of direct frontage to Mt Emu Creek.
Meticulously restored by the current owners, the home combines the elegance of a bygone era with modern functionality and features four bedrooms, expansive living areas and three newly renovated bathrooms. Additional updates include a 34 KW solar power system, hydronic heating system, and fully upgraded plumbing and electrical systems.
The Expressions of Interest campaign closes on November 20, 2024, at 4PM (AEDT).
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2024 revenue). The company has more than 140,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.