Would you pay nearly half a million dollars for a cubby house? Wait until you see what’s hidden in the fields just outside Ballarat!

Imagine scrolling through property listings and stumbling on the ultimate childhood throwback: an AI generated newscast about a cubby house that’s just hit the market for a jaw-dropping $490,000! That’s not a typo – in the heart of regional Victoria, at Lot 1 Ti Tree Rd, Dunnstown, a modest cubby house and a hay shed are the crown jewels of a sprawling 4-hectare (almost 10 acres!) block of farmland.

This isn’t your average backyard playhouse. Nope, this rustic cubby was lovingly built for the owners’ grandkids, turning the land into a recreational paradise. Now, the current owners are looking to pass the torch – if you’ve got almost half a million to spare, you could own the quirkiest plot on the Victorian market. But before you start planning your dream home, there’s a catch. The land is zoned for farming, meaning you’ll need to jump through a few hoops before you can build anything bigger than the cubby. So, while the block offers endless possibilities, it comes with a side order of red tape.

Ray White Ballarat’s Dean Mifsud admitted even he was surprised: this is the first time he’s listed a cubby house at such a high price. But with so much land, a picturesque tree-lined setting, and stunning views, he insists there’s genuine value here – for buyers willing to dream big (and maybe grow a few crops). Alongside the iconic cubby, the property also features a 3-meter-deep well, a 13-meter-deep bore, and a hay shed. It's a rural adventure-ready blank slate just waiting for someone to bring their vision (and checkbook) to life.

It’s the kind of story that makes you wonder if the Australian property market has finally lost the plot. Even with other wild listings like a $59,000 hoarder house or a mansion with a golden toilet, this AI generated newscast about an almost $500K cubby house is the kind of ‘only in Australia’ real estate tale you just can’t ignore. So, what’s next for this quirky farmland? Only time – and the right buyer – will tell.