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VIC › Trentham › Mulcahys Rd

121 Mulcahys Rd, Trentham VIC 3458

House

$2,150,000

Last sold

6 Oct 2025

2

Bedrooms

2

Bathrooms

4

Car spaces

4,131 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $2,150,000 (6 Oct 2025).(Recorded sale)
  • FactLand 4,131 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Trentham (last 5 years) with land size: median $768/m² of land (n=84). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned LOW DENSITY RESIDENTIAL ZONE - SCHEDULE 1 (LDRZ1) under the ZN.(Vicmap Planning · 31 Aug 2026)

What could make it worth less?

  • FactBUSHFIRE MANAGEMENT OVERLAY intersects 99.8% of this parcel.(Vicmap Planning · 31 Aug 2026)
  • FactENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 1 intersects 99.8% of this parcel.(Vicmap Planning · 31 Aug 2026)

What should you verify next?

  1. 1BUSHFIRE MANAGEMENT OVERLAY affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  2. 2ENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 1 affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  3. 3No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$2,150,000

6 Oct 2025 · derived via latest_sale

Local land rate: recorded House sales in Trentham (last 5 years) with land size have a median of $768/m² of land (n=84). Districts calculation from recorded sales — not a valuation.

Trentham at a glance

1,551

People

$850,000

Median sale

$386/wk

Median rent

2.36%

Suburb gross yield

Median sale from 39 recorded sales (last 12 months) — a Districts calculation.

See the full Trentham report →

Vs Trentham

+152.9%

Median sale

Suburb $850,000

-1.43 pp

Gross yield

Suburb 2.36%

Suburb median $850,000 from 39 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

ZN

Zone

LOW DENSITY RESIDENTIAL ZONE - SCHEDULE 1

LDRZ1

Jurisdiction

Hepburn

Hepburn, VIC

Planning overlays

  • environmentalDetected

Development activity

Data unavailable

Source

  • Provider: Vicmap Planning
  • Dataset: PLAN_ZONE
  • Retrieved: 31 Aug 2026
  • Version: 1
  • Parcel: 424350601

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Detected — official

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

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$2,150,0006 Oct 2025
  2. Listedprice unknowncompleted29 Sept 2025
  3. Listedprice unknowncompleted29 Sept 2025

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Confidence: medium

Zoned LOW DENSITY RESIDENTIAL ZONE - SCHEDULE 1 · LDRZ1 (ZN). Official parcel area about 4,138 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.

What could kill that thesis?

Confidence: low

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 4,138 m² — land size can look like optionality. What reduces it: BUSHFIRE MANAGEMENT OVERLAY; ENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 1. 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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $386/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Knownmedium

    Zoned LOW DENSITY RESIDENTIAL ZONE - SCHEDULE 1 · LDRZ1 (ZN). Official parcel area about 4,138 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

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Knownlow

    Official parcel about 4,138 m² — land size can look like optionality. What reduces it: BUSHFIRE MANAGEMENT OVERLAY; ENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 1. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.

  • Lot-level flood

    Unknown

    Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    No DA adapter returned applications for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Trentham in one glance

Trentham at a glance

1,551

People

$850,000

Median sale

$386/wk

Median rent

2.36%

Suburb gross yield

Median sale from 39 recorded sales (last 12 months) — a Districts calculation.

See the full Trentham report →

Keep researching

  • Why Trentham? Read the area thesis →
  • What else is on the market in Trentham →
  • Other records on Mulcahys Rd →

Listing material

Listed by Belle Property Trentham

Architectural Excellence Meets Botanical Grandeur

Prestige Residence | Corner Allotment | 1 Acre | Designed by Eplus Architecture | Landscaped by Mel Ogden

Poised with quiet confidence on a coveted one-acre corner allotment in the heart of Trentham, this remarkable trophy residence stands as a masterclass in contemporary design and cultivated restraint. Conceived by the acclaimed Eplus Architecture and enveloped by the award-winning gardens of landscape architect Mel Ogden, the home is both a sanctuary and a statement - an architectural dialogue between structure and setting.

Defined by its striking black façade, the home emerges with brooding elegance behind a six-foot sculptural privacy hedge, offering seclusion and serenity just moments from Trentham village. Every line, material and detail has been curated with purpose, allowing the home's bold yet understated presence to speak effortlessly of refined modern living.

Read the full description

At the heart of the residence lies a sweeping open-plan living, dining and culinary domain - anchored by polished concrete floors and floor-to-ceiling glazing that dissolves the boundary between interior and landscape. The living area evokes the intimate atmosphere of a boutique hotel, complete with a bespoke Victorian Ash-clad feature wall concealing a guest powder room, curated bookshelves, and a sleek gas fireplace.

The kitchen is a culinary tour de force. A gourmet's dream, it features an oversized island bench, commercial-grade stainless steel worktops, Bora induction cooktop with integrated downdraft extraction, Siemens oven, Bosch dishwasher, and a Zip tap offering boiling water on demand. With 40 soft-close drawers, auto-opening overhead cabinetry, and a walk-in pantry appointed with tailored joinery and ample storage, functionality meets form at every turn.

Two generously scaled bedrooms each offer private ensuite bathrooms, delivering accommodation of comfort and privacy, and spa like luxury. An expansive home office - ideal for dual professionals - is fitted with integrated cabinetry, USB charging ports, and hidden storage solutions, ensuring discretion and order.

Seamlessly connecting indoors and out, the living zone opens onto a striking alfresco entertaining space. Here, a full-length, filtered fishpond forms a dramatic centrepiece, complemented by a plumbed gas BBQ. The surrounding gardens, a textural and seasonal showcase of dogwoods, crab apples, japonica and more, are framed by over 30 hand-placed monumental stone slabs and a fully automated irrigation system, all nourished by the property's own potable bore water supply.

Additional appointments underscore the home's unwavering commitment to quality and comfort:

• Oversized, remote entry double garage with internal access and extensive storage

• Underfloor hydronic heating

• Large, discreet laundry ensure washing / drying appliances are never seen

• Solar-supported electric hot water system

• Full double glazing

• Internal vacuum system

• Starlink satellite internet

• Emergency generator

• 50,000L rainwater tank with automatic bore refill

• Access to mains water

A home of rare distinction, this is not merely a residence - it is a cultivated lifestyle proposition. Perfectly private, supremely designed, and impeccably finished, this is arguably one of the most accomplished contemporary homes ever offered in the region.

By Private Appointment Only

Listing description written by Fiona Kelly, Belle Property Trentham — reproduced as published, not verified by Districts.

Property features

  • Built-in Robes
  • Courtyard
  • Dishwasher
  • Ensuites: 1
  • Fully Fenced
  • Gas Heating
  • Remote Garage
  • Secure Parking
  • Solar Hot Water
  • Study
  • Toilets: 1
  • Vacuum System
  • Water Tank
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.