Redesdale at a glance
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Median sale
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Median rent
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Suburb gross yield
VIC › Redesdale › Racecourse Rd
$1,150,000–$1,250,000
For sale
Asking range
4
Bedrooms
2
Bathrooms
6
Car spaces
161,874.257 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
Asking
$1,150,000–$1,250,000
Asking range · $7/m² of land
No recorded sale for this property.
Redesdale at a glance
No data
Median sale
No data
Median rent
No data
Suburb gross yield
Based on the low end of the asking range, not a contract price.
$69,745 on top of the price (6.1% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Based on the low end of the asking range, not a contract price.
No rent is recorded for this listing. Enter a weekly rent to model yield.
Enter a purchase price and weekly rent to calculate yield.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
Planning
Planning data is being calculated
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
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent and no suburb rent aggregate are loaded. Official bond files are not loaded. Listing rent and suburb aggregates are evidence, not this address’s rent.
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.
0 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
UnknownNo advertised rent and no suburb rent aggregate are loaded. Official bond files are not loaded. Listing rent and suburb aggregates are evidence, not this address’s rent.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). 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
UnknownDevelopment applications have not been queried 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
Redesdale at a glance
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Median sale
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Median rent
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Suburb gross yield
Listing material
Listed by Raine & Horne KynetonThe very first thing that pleased me was that Racecourse Road, though handy to the road to Metcalfe, and the Kyneton-Redesdale Rd, carries very little volume of traffic. The second, is that the home is situated along a well-maintained driveway and is sited with an easterly orientation.
The home, which was built in the 1980's is of Daniel Robinson bricks, on a concrete slab with a colourbond roof. Before entering the main part of the dwelling, one sees that there is a very spacious study/office that would be ideal as a work-from-home situation , or as a 5th bedroom. This studio is conveniently situated and has an abundance of natural light.
On entering the home one is immediately over-awed by the stunning view through the large picture window from the kitchen, turn around and there is another stunning view over the dam, which incidentally carries 10-16 megalitres and has been clay plugged to 6 feet . The centrally located kitchen is all electric, there is an abundance of cupboards, all modern accoutrements and a large wrap-around bench which is ideal for entertaining a large number and takes advantage of the incredible outlook. There is a split system air con.
To the right of the kitchen is the parents' retreat, which consists of a small sitting room adjacent to a huge master bedroom, walkthrough wardrobe, and ensuite bathroom. Yet again a breath-taking view. To the left of the kitchen, through a doorway there are a further 3 bedrooms, each with a split-system. Two of these bedrooms would comfortably take a queen-sized bed, while the third, is a slightly smaller, double bedroom. There is a spacious laundry with access to the WC and a well-appointed family bathroom. The driveway and turning circle has recently been re-gravelled. The enormous dam is very deep and in excellent condition. The fencing is "as new".
The paintwork decor and floor coverings are of a neutral palette. The bar cabinetry allows for a bar fridge and shelving for bottles and glassware. The kitchen and laundry have both been recently renovated with extra-wide bench tops, laminated cabinetry, soft touch drawers, imported splash backs and tiles. This superb home has much to offer with views that go on forever. I cannot emphasise enough, the magnificence and majesty of the 360-degree views that this property commands….. Hanging Rock, Mt Macedon, Mt Alexander, Mt Ida, Mt Lofty and the Pyrenees Mountain Range to name but a few……spin around and all you will see is beautiful rolling pasture surrounded by hills with mountain ranges behind.
Centrally located between Bendigo, Kyneton, Castlemaine and Heathcote, just over the hour to Melbourne.
Raine & Horne has taken reasonable care in compiling this information to ensure its accuracy. However, details such as property dimensions, pricing, location, and descriptions have been sourced from third parties and supplied to Raine & Horne. Accordingly, Raine & Horne does not guarantee the accuracy or completeness of this information and disclaims any responsibility for errors or omissions. We strongly advise prospective buyers to undertake their own research and verification of all details. For further guidance, please consult the due diligence checklist available through Consumer Affairs
Listing description written by Judith Stevens, Raine & Horne Kyneton — reproduced as published, not verified by Districts.