Dreamin, so The Castle Bonnie Doon holiday shack gets cheaper

Maybe it's those bloody power lines. Property investor Richard Moseley’s Bonnie Doon holiday shack near Lake Eildon in Victoria – which featured in the 1997 comedy The Castle as the serene holiday home of the Kerrigan family – has had its recent asking price lowered in the new year.

It was listed last November at $240,000, but now comes with a $225,000 asking price.

Moseley proudly secured the property for $169,950 in 2006 but then first wanted out, unsuccessfully, in 2011.

The two-bedroom cottage – located 165 kilometres from Melbourne at 3491 Maintongoon Road – was listed then at $195,000. After no doubt being told that he was "dreamin", the asking price eased to $169,950.

John Canavan First National agent Ryan Daykin is the latest agent told he's dreamin on ambitious asking prices.

Moseley, a Sydney telecommunications technician, bought it sight unseen – other than of course having viewed the iconic movie.

Until recently it has been a popular rental on the back of featuring as the original holiday home of the Kerrigans in the classic Australian comedy. The home consists of two bedrooms, open plan kitchen, dining and living area, bathroom and laundry.

It is situated on a good-sized block opposite the lake and approximately 500 metres from the boat ramp.

Actor Michael Caton headed the cast including Sophie Lee as his daughter Tracy, Eric Bana as son-in-law Con and Bud Tingwell as Lawrence Hammill, the QC who helped them save their cherished home under the flight path.

The cast only spent one day there - with the entire film shot in just 11 days.

Buyers are advised to bring their own modern mozzie zapper.