Mount Macedon at a glance
1,504
People
$1,441,000
Median sale
$539/wk
Median rent
1.95%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
VIC › Mount Macedon › Governors Dr
4
Bedrooms
3
Bathrooms
2
Car spaces
2,438 m²
Land
Districts View
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
Last sold
No recorded sale price for this property yet.
Local land rate: recorded House sales in Mount Macedon (last 5 years) with land size have a median of $482/m² of land (n=33). Districts calculation from recorded sales — not a valuation.
Mount Macedon at a glance
1,504
People
$1,441,000
Median sale
$539/wk
Median rent
1.95%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
Planning
Planning scheme
ZN
Zone
RURAL CONSERVATION ZONE - SCHEDULE 1
RCZ1
Jurisdiction
Macedon Ranges
Macedon Ranges, VIC
Data unavailable
Source
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 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 exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
The official layer maps a bushfire risk zone on this parcel, intersecting about 99.8% of it (Vicmap Planning, retrieved 31 Aug 2026). Verify the extent against the title before relying on unaffected land.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICZoned RURAL CONSERVATION ZONE - SCHEDULE 1 · RCZ1 (ZN). Official parcel area about 2,443 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Official parcel about 2,443 m² — land size can look like optionality. What reduces it: BUSHFIRE MANAGEMENT OVERLAY; VEGETATION PROTECTION OVERLAY - SCHEDULE 9; ENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 5; SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 1; RESTRUCTURE OVERLAY - SCHEDULE 10. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $539/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
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.
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
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.”
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
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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned RURAL CONSERVATION ZONE - SCHEDULE 1 · RCZ1 (ZN). Official parcel area about 2,443 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
KnownlowOfficial parcel about 2,443 m² — land size can look like optionality. What reduces it: BUSHFIRE MANAGEMENT OVERLAY; VEGETATION PROTECTION OVERLAY - SCHEDULE 9; ENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 5; SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 1; RESTRUCTURE OVERLAY - SCHEDULE 10. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownNo DA adapter returned applications for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Mount Macedon at a glance
1,504
People
$1,441,000
Median sale
$539/wk
Median rent
1.95%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Bound Real Estate“Why we like the property” (agent perspective)
A comforting country house exuding all the romance of rural living, this enticing property set on 2,438m2 approx. of sprawling land is characterised by newly renovated interiors that perfectly frame the picturesque bucolic setting.
The home nestles into the Kathleen Murphy-designed gardens, achieving spaces that feel relaxed and unassuming, resulting in a timeless elegance that has gentle warmth.
Situated in the picturesque foothills of the Macedon Ranges, this spectacular estate is an ideal destination just under an hour from Melbourne and approximately 30 mins from Melbourne International Airport, with boutique town amenities and the V-Line train (60 mins to Melbourne) close by.
“What the property offers” (property perspective)
Boasting quality commitment to design and craftsmanship, the home’s elegance transpires two levels, with multiple living zones, four bedrooms and three bathrooms resulting in a timeless masterpiece for large-scale living and entertaining.
High ceilings, timber floors and an abundance of light flowing from oversized windows features throughout. The streamlined kitchen with a suite of quality appliances has strong visual connections to the living zone, playroom and outdoor entertaining area. From the pergola-covered deck, you look out to lush gardens and an inground heated pool and spa.
The glorious master suite resides upstairs and features a charming balcony with expansive garden views, large walk-through robe and contemporary bathroom.
Additional highlights include a fire-pit area, fruit trees (cherry, apple and nashie pears), raised veggie patch, automated sprinkler system, two water tanks, study, zoned electric heating and cooling, wood fireplace, generous separate garage and plenty of storage space.
“What you love about the property” (vendor perspective)
As striking as the home is, its beauty is never at the cost of function. This is a home that seamlessly tends to the needs of the modern family. Offering sizeable space at the ground level with an intimate, engaging master suite on the upper floor, the layout provides versatile communal areas where you can come together, or space to retreat to when desired.
Designed for families who enjoy cooking, entertaining and sharing time together, spend hot summer days in the pool, or cold nights around the wood fireplace in the lounge.
You are constantly reminded of the natural beauty that surrounds you, with expansive windows and a wrap-around hardwood decking that invites you to engage with the tranquil setting on a daily basis. With Mount Macedon township just a short distance away, you are free to explore boutique shops, restaurants and wineries at your leisure.
Listing description written by Rhys Nuttall, Bound Real Estate — reproduced as published, not verified by Districts.