Lancefield at a glance
2,999
People
$723,500
Median sale
$545/wk
Median rent
3.92%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
VIC › Lancefield › Foy St
$650,000
Last sold
20 Dec 2024
4
Bedrooms
3
Bathrooms
2
Car spaces
857 m²
Land
142 m²
Building
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
$650,000
20 Dec 2024 · derived via latest_sale
Local land rate: recorded House sales in Lancefield (last 5 years) with land size have a median of $908/m² of land (n=61). Districts calculation from recorded sales — not a valuation.
Lancefield at a glance
2,999
People
$723,500
Median sale
$545/wk
Median rent
3.92%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
Vs Lancefield
-10.2%
Median sale
Suburb $723,500
+0.44 pp
Gross yield
Suburb 3.92%
Suburb median $723,500 from 20 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
GENERAL RESIDENTIAL ZONE - SCHEDULE 1
GRZ1
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.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
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 GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 846 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 846 m² — land size can look like optionality. What reduces it: PROTECTED SETTLEMENT BOUNDARY. This overlay can reduce what the land size appears to promise. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $545/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 GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 846 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 846 m² — land size can look like optionality. What reduces it: PROTECTED SETTLEMENT BOUNDARY. This overlay can reduce what the land size appears to promise.
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
Lancefield at a glance
2,999
People
$723,500
Median sale
$545/wk
Median rent
3.92%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Property Plus Real EstateA charming town, Lancefield rests only 70 kilometres from Melbourne and offers families a more relaxed semi-rural lifestyle while still enjoying the benefits of being able to travel to the city for work or entertainment.
Peaceful, wide tree lined streets and family friendly facilities within easy walking distance make it simple to see why the old town area of Lancefield is so popular. Foy Street is one of those wide tree lined streets, and number 10 is a classic brick family home with the bonus of a semi self-contained studio.
The main home has been beautifully maintained by the original owner, built approximately 30 years ago. The floor plan offers flexibility and the current layout could easily be adapted to suit more modern trends. For example, the current home office would make an excellent butler’s pantry. The rooms are spacious and light filled. The living, l-shaped to accommodate a formal dining, enjoys the ambience of a wood heater, and the whole home is warmed by a zoned underfloor heating system. The kitchen and meals are combined, creating a central hub. Blackwood cabinetry is a feature of the kitchen. There are three bedrooms, the master very generous with walk-in robe and ensuite bathroom. The other bedrooms have built-in robes and are serviced by a centrally located family bathroom.
The studio sits at the rear of the property with accommodation for two large vehicles to park undercover. An open plan living and bedroom space is generous enough to also accommodate a small dining setting. There is also an ensuite style bathroom and current study that could easily be transformed into a kitchenette, making this a wonderful addition to the property for guests or family members wanting their own space.
A covered alfresco and a workshop with three phase power complete this well-rounded property. Further features include split systems in both the main house and studio, new carpet, freshly painted throughout, sprinkler system and a fully fenced and secure yard. A genuine family home in a family friendly location ready for its second owner to enjoy.
Listing description written by Di Selwood, Property Plus Real Estate — reproduced as published, not verified by Districts.