Maldon at a glance
1,656
People
$730,000
Median sale
$441/wk
Median rent
3.14%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
VIC › Maldon › Bells Reef Rd
$1,195,000
Last sold
15 May 2026
5
Bedrooms
3
Bathrooms
1
Car spaces
19,020.225 m²
Land
158 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
$1,195,000
15 May 2026 · derived via latest_sale
Local land rate: recorded House sales in Maldon (last 5 years) with land size have a median of $545/m² of land (n=78). Districts calculation from recorded sales — not a valuation.
Maldon at a glance
1,656
People
$730,000
Median sale
$441/wk
Median rent
3.14%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
Vs Maldon
+63.7%
Median sale
Suburb $730,000
-1.22 pp
Gross yield
Suburb 3.14%
Suburb median $730,000 from 23 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
FARMING ZONE - SCHEDULE 1
FZ1
Jurisdiction
Mount Alexander
Mount Alexander, 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 FARMING ZONE - SCHEDULE 1 · FZ1 (ZN). Official parcel area about 19,091 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 19,091 m² — land size can look like optionality. What reduces it: SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 1; BUSHFIRE MANAGEMENT OVERLAY; EROSION MANAGEMENT OVERLAY. 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 $441/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 FARMING ZONE - SCHEDULE 1 · FZ1 (ZN). Official parcel area about 19,091 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 19,091 m² — land size can look like optionality. What reduces it: SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 1; BUSHFIRE MANAGEMENT OVERLAY; EROSION MANAGEMENT OVERLAY. 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
Maldon at a glance
1,656
People
$730,000
Median sale
$441/wk
Median rent
3.14%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Cantwell Property CastlemaineSet within a private bushland setting just minutes from Maldon is this unique and deeply atmospheric property. A multi‑dwelling sanctuary shaped by landscape, creativity and quiet beauty. Borrowing its outlook from the rolling Nuggetty Hills, the property is surrounded by mature gums, abundant birdlife, established olive trees and a small vineyard of Shiraz and Cabernet Sauvignon, creating a setting that feels both grounded and expansive.
Beautifully presented and thoughtfully updated, the property lends itself to a range of possibilities, multi‑generational living, an artist's residence with workshop or gallery space, or boutique guest accommodation, all within a peaceful rural environment just seven minutes from historic Maldon.
The Main House
The main residence has a distinct Alistair Knox feel, constructed in mud brick with exposed timber beams and an exceptional attention to detail throughout. Warm, textural and welcoming, the home centres around an open‑plan kitchen, dining and living space with brick flooring, feature beams and views across the surrounding countryside.
The contemporary galley‑style kitchen includes a gas cooktop, undermount oven, and excellent storage, complemented by a second freestanding Rayburn wood‑fire cooker and oven, bringing both practicality and old‑world charm. The adjoining living space is anchored by a solid wood heater inset into a surround, supported by a split system, and opens directly to a north‑facing alfresco area, ideal for outdoor dining beneath the trees. A second living space, with windows to the north, south and west, enjoys sweeping views of the landscape and features a solid wood heater and concrete floor. This flexible room has the potential to function as an additional bedroom or studio.
Bespoke timber stairs lead upstairs to a beautifully resolved bedroom with a rattan vaulted ceiling, a walk‑in wardrobe/ bedroom, and a separate toilet and basin, a quiet, elevated retreat. Stained glass windows add colour and softness throughout, while a practical mudroom provides access to the rear alfresco zone. A contemporary bathroom includes a shower, vanity and toilet.
The Second Cottage
Constructed in brick and mud brick, the second cottage is warm, inviting and ideally suited as a private guest house or multi-generational living. Featuring a cove timber ceiling, concrete floors and a flexible bedroom or sitting room with a split system, the ground floor also includes a second bedroom or study and a laundry with a contemporary bathroom, complete with a shower, a wall‑hung vanity and toilet.
Upstairs, stairs lead to a quiet reading loft with angled rooflines and space for a daybed, a peaceful retreat for guests, offering privacy, comfort and a sense of calm within the landscape.
The Third Cottage / Studio
The third dwelling is light‑filled and expressive, with a high vaulted ceiling, exposed beams and a feature timber post. Statement stained glass windows and French doors open to a porch overlooking the vineyard and dam, creating an idyllic setting for guests or creative work.
This space includes a contemporary bathroom, split system, kitchenette, and an open‑plan living area, ideal as a guest cottage, studio or independent retreat.
The Land & Setting
Across approximately five acres, the land has been gently shaped and planted over time. Brick paving and shaded sitting areas, including one beneath a mature oak tree, invite you to pause and take in the surroundings. The rustic yet functional 6.7m x 4.5m shed, vineyard, olive trees, fruit and nut trees, seasonal creek and large dam all contribute to a productive and beautiful landscape.
All buildings have been respectfully and beautifully updated, with reclaimed timbers and windows used throughout, honouring the property's strong creative and artistic provenance.
Property Highlights
> Approx. 4.7 acres in a private bush setting
> Three dwellings, each with bathroom facilities
> Mud brick construction with handmade bricks
> Established Shiraz & Cabernet Sauvignon vineyard
> Mature gums, olive trees, fruit and nut trees
> Large dam and seasonal creek
> 5kW solar system
> Extensive water storage (multiple tanks)
> Historic working pottery property with a strong artistic history
> Just 7 minutes from Maldon, cafés, shops and services
This is a property of exceptional depth and versatility, a place where landscape, architecture and creativity come together, offering privacy, possibility and a true sense of sanctuary.
Listing description written by Bianca Wiegard, Cantwell Property Castlemaine — reproduced as published, not verified by Districts.