Clunes at a glance
1,810
People
$510,000
Median sale
$380/wk
Median rent
3.87%
Suburb gross yield
Median sale from 38 recorded sales (last 12 months) — a Districts calculation.
$820,000
For sale
Asking
4
Bedrooms
2
Bathrooms
4
Car spaces
1,855 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
$820,000
Asking · $442/m² of land
No recorded sale for this property.
Local land rate: recorded House sales in Clunes (last 5 years) with land size have a median of $395/m² of land (n=107). Districts calculation from recorded sales — not a valuation.
Clunes at a glance
1,810
People
$510,000
Median sale
$380/wk
Median rent
3.87%
Suburb gross yield
Median sale from 38 recorded sales (last 12 months) — a Districts calculation.
Vs Clunes
+60.8%
Median sale
Suburb $510,000
-1.46 pp
Gross yield
Suburb 3.87%
Suburb median $510,000 from 38 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$49,993 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.
Pre-filled with Clunes's advertised median rent — not a rent for this listing.
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 is recorded. Suburb median rent $380/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.
Gross yield if leased at the suburb aggregate is 2.4%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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.
1 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
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?
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
Clunes at a glance
1,810
People
$510,000
Median sale
$380/wk
Median rent
3.87%
Suburb gross yield
Median sale from 38 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Belle Property DaylesfordSet on approximately 1855sqm within the Township Zone, Paddymelon Cottage sits in one of Clunes' established pockets, carrying the kind of quiet history that's become part of the town's fabric.
Originally one of the area's earlier cottages circa 1858, the home reflects the simple, practical design of its time - modest in scale yet enduring in character. Framed by an original parterre garden, the property has evolved over the years to offer a flexible setup that comfortably balances lifestyle appeal with income potential.
At the front, the original two-bedroom cottage is currently operating as a successful bed & breakfast. It retains its charm - cosy proportions, a welcoming feel, and that sense of stepping into something with a past.
Privately positioned behind, a two-bedroom residence provides a more contemporary living space. It's distinctly its own zone, offering separation without disconnection - ideal for an owner-occupier wanting privacy while still making use of the front dwelling.
Features include: - 2-bedroom cottage (currently operating as a bed & breakfast) - 2- bedroom private residence - Parterre Garden - Solar Panels - Ample off-street parking - Studio workshop - NBN Connected - 3-Titles
The overall layout has been thoughtfully utilised, clearly defining each area of the property. A outbuilding adds another layer of functionality, whether as a workspace, creative retreat or additional storage, while a single garage and surrounding yard space provide everyday practicality.
With established services including town water and sewer, solar panels, NBN, 3 titles and a configuration that supports dual occupancy or income generation, the property offers genuine flexibility without needing significant change.
Positioned within easy reach of Clunes township, cafés, and the local primary school, it's a property that works across a range of living arrangements.
Live in one and host the other - or adapt the space to suit your own way of living.
To arrange your private viewing, contact Angela Flowers on 0437456908
**Disclaimer: Whilst every care has been taken to ensure the information provided is accurate, it has been obtained from sources believed to be reliable. Prospective purchasers should make their own enquiries and undertake their own due diligence to verify all information prior to making any decision.
Listing description written by Angela Flowers, Belle Property Daylesford — reproduced as published, not verified by Districts.