Lancefield at a glance
2,999
People
$723,500
Median sale
$545/wk
Median rent
3.92%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
VIC › Lancefield › Madigan Rd
$660,000
Last sold
24 June 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
411 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
Last sold
$660,000
24 June 2024 · derived via latest_sale
Local land rate: recorded House sales in Lancefield (last 5 years) with land size have a median of $897/m² of land (n=61). Districts calculation from recorded sales — not a valuation.
Lancefield at a glance
2,999
People
$723,500
Median sale
$545/wk
Median rent
3.92%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
Vs Lancefield
-8.8%
Median sale
Suburb $723,500
+0.37 pp
Gross yield
Suburb 3.92%
Suburb median $723,500 from 20 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
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 $545/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.
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
Lancefield at a glance
2,999
People
$723,500
Median sale
$545/wk
Median rent
3.92%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Property Management Macedon RangesBeautifully presented contemporary home providing comfortable and relaxed living with all the finishing touches and more.
Walking into this warm and inviting “as new” family home you will notice the high calibre finishes including stylish and functional window shutters, quality appliances, fixtures and fittings and a colour styled kitchen complete with butlers’ pantry. However it is the thoughtful extras that add a further dimension to this premium build such as additional wall insulation, engineered flooring, Wi-Fi appliances, electrical provisions for fans and security cameras and the use of downlights throughout.
Down the welcoming hallway and centrally located is the light-filled open plan living, dining and kitchen areas that are ideal for family gatherings. The well-appointed modern kitchen includes a neutral, colour-coordinated palette with quality fixtures and appliances, 5 gas burner cooktop and electric oven, Bosch dishwasher, stone benchtops and everyone’s dream butlers’ pantry. Living and dining areas both have glass sliding doors to enjoy outdoor entertaining or a private oasis in the low maintenance rear yard. An additional family/media room provides further options as a retreat for children or adults away from the main hub of the family home.
The well-considered floorplan includes 4 bedrooms complete with built in robes. The main bedroom features a luxurious ensuite with double vanity, large walk-in shower and walk-through robe. There is a pristine family bathroom with separate toilet and stylish laundry with even more storage options. Year-round comfort is provided for with ducted natural gas heating and reverse-cycle air conditioners in the main bedroom and living area.
This wonderful property provides a perfect setting to simply relax and enjoy a great family lifestyle within the beautiful Macedon Ranges. Within walking distance to Lancefield Park and amenities, a brand new children’s playground and local schools, shops and dining options, it’s a great opportunity to move to your new dream home. An inspection will certainly not disappoint.
Contact Agent to organise your private inspection today, Kim Forsyth 0409 491 229.
Property Code: 1210
Listing description written by Kim Forsyth, Property Management Macedon Ranges — reproduced as published, not verified by Districts.