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VIC › Trentham › Mulcahys Rd

140 Mulcahys Rd, Trentham VIC 3458

House

$2,100,000

Last sold

1 Dec 2025

4

Bedrooms

2

Bathrooms

2

Car spaces

13,000 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 $2,100,000 (1 Dec 2025).(Recorded sale)
  • FactLand 13,000 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

$2,100,000

1 Dec 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

+147.1%

Median sale

Suburb $850,000

-1.40 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: 431040365

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$2,100,0001 Dec 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 11,897 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 11,897 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 11,897 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 11,897 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

Outstanding Architectural Home in a Private Sanctuary Setting

Discover a secluded sanctuary of modern farmhouse luxury.

Set on 1.19ha (2.94ac), this exceptional residence offers elevated privacy, with sweeping lawns, dotted gums, and tranquil lake views framed by a picturesque island of deciduous trees. The ideal retreat for those seeking a refined weekend escape or a permanent lifestyle change, the property provides a perfect setting for leisurely picnics, lake-side relaxation, and trout fishing, just 20 minutes' walk from Trentham's vibrant town centre.

Architectural Excellence & Interior Refinement:

Read the full description

Expertly designed and built with Passive House principles, the home connects galvanized iron-clad pavilions with warm timber highlights and sunlit, neutral interiors, radiating understated elegance. The central hub features a north-facing grand open-plan living and dining space beneath a soaring cathedral ceiling, seamlessly flowing to a stone-clad kitchen equipped with an induction cooktop, integrated ventilation, double butler sinks, and a stone island bench.

A generous butler's pantry accommodates dual European ovens and a large plumbed fridge/freezer, while a sizeable laundry provides abundant storage and hanging space.

The main living area opens to an expansive north-facing deck, perfect for alfresco entertaining, framed by ever-changing seasonal views of the lake. One pavilion houses the master suite with ensuite, walk-in robe, and private deck, alongside a versatile second living room, home office, or fourth bedroom with a cleverly concealed murphy bed. The opposite pavilion accommodates two further king-sized bedrooms with a shared bathroom.

Premium Craftsmanship & Luxurious Finishes:

From 2.4m solid doors and hand-scraped distressed oak flooring to light timber window frames and white-washed interiors, every detail reflects refinement and quality. Resort-style bathrooms feature travertine-style tiles, stone benchtops, walk-in showers, brushed nickel tapware, and generous storage.

Passive House Comfort & Sustainability:

• Thermally broken, high-performance European windows minimise heat loss and require virtually no maintenance.

• Carbonlite advanced panels deliver exceptional insulation and airtightness, reducing energy consumption.

• Mechanical ventilation with heat recovery (MVHR) continuously supplies fresh, filtered air while recycling indoor heat.

• Energy-efficient hot water system and superior insulation maintain year-round comfort with minimal reliance on conventional heating or cooling.

A blower door test confirmed an airtightness rating of 0.8 ACH, ensuring exceptional thermal performance and energy efficiency.

Lifestyle & Outdoor Features:

• Expansive low-maintenance composite NewTechWood deck with L-shaped beams for grapevine shading

• Landscaped gardens, lush lawns, and garden up-lighting

• Established raised vegetable garden beds, fruit trees, berries, and rhubarb

• Greenhouse with overhead sprinkler system

• 6 x 9m shed with 3-phase power, lockable workshop, and shipping container storage

• Oversized double carport and visitor parking

• 47,700L water tanks with pumps for healthy gardens, plus a 10,000L CFA tank

• 7.4kW rooftop solar panels

• Hardwired Wi-Fi boosters and 3-phase power supply

• Private and direct rear access to the Domino Trail

• Thermosoft panel heaters, Daikin split system heating/cooling in living & two bedrooms

• Blinds and textural sheers in all sleeping quarters

• Connected to town water and sewer

An Exclusive Trentham Lifestyle:

Beautifully sited for ultimate privacy and refined living, this architectural residence is ideal as a luxurious weekend escape or a permanent Melbourne retreat. Located near Trentham Golf Club, Red Beard Bakery, Du Fermier restaurant, Trentham Falls, and the historic Domino Trail, 140 Mulcahys Road offers a rare opportunity to combine timeless design, energy-efficient innovation, and the serenity of the Hepburn Shire.

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

Property features

  • Alarm System
  • Built-in Robes
  • Deck
  • Dishwasher
  • Ducted Cooling
  • Ducted Heating
  • Ensuites: 1
  • Floorboards
  • Living Areas: 1
  • Outdoor Entertaining
  • Shed
  • Solar Panels
  • Toilets: 2
  • 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.