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 › Red Gap Rd
$1,285,000
Last sold
5 Mar 2024
3
Bedrooms
2
Bathrooms
4
Car spaces
10,926.512 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
$1,285,000
5 Mar 2024 · derived via latest_sale
Local land rate: recorded House sales in Lancefield (last 5 years) with land size have a median of $908/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
+77.6%
Median sale
Suburb $723,500
-1.71 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
UnknownArea
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 Bound Real Estate“Why we like the property” (agent perspective)
With the timeless character of traditional design elements, this is a contemporary family residence of class and distinction. This beautifully renovated homestead property set amidst 2.7 acres (approx.) sets the scene for a lifestyle of rural excellence.
Highlighted with period features, sophisticated living and entertaining spaces blend seamlessly with the outdoors, where countryside views continue the romance and grandeur of acreage living.
Beautifully presented with premium inclusions, the residence is positioned within moments of Lancefield village centre, home to vibrant cafes, eateries and the Lancefield farmers’ market, and surrounded by some of the best wineries and provedores the Macedon Ranges has to offer.
“What the property offers” (property perspective)
From the circular drive, the property welcomes you with an immediately impressive façade, cottage gardens and north-facing entertaining decks. As you enter, you are introduced to exquisite detailing throughout, sash and leadlight windows, leadlight doors, hardwood floors and dado walls. A highlight is the generous entertaining and living zones which are complemented by the central gourmet kitchen with shaker style cabinetry, farmhouse sink, stone island and butler’s pantry. In this home it’s easy to cater to any occasion.
The generous accommodations include a private master suite zoned to the western wing of the residence with walk-in robe and ensuite, whilst the other wing offers two further double bedrooms complete with robes. A central family-sized bathroom offers a deep soaker tub with a separate laundry and enclosed sunroom/mudroom, completing the picture.
The property hosts established cottage-style and native gardens with impressive outbuildings, including an oversized garage/workshop, carports and potting shed that offers plenty of scope for the hobby farmer, hobby enthusiast or collector.
“What you love about the property” (vendor perspective)
The homeliness of the property, and sense of retreat and rest, envelopes you as you pull into the drive – you immediately know that you’re coming to a place where you can relax, surrounded by beautiful countryside views. Your own little piece of paradise.
The home caters beautifully to family and friends alike, whether it be just the immediate family on a winter’s night in front of the wood burner, or a house full of extended family and friends for a celebration. The home adapts beautifully and can accommodate everyone with a spacious feel. If you ever desire to leave the property, there is always something happening in the Macedon Ranges.
Listing description written by Lynne Payne, Bound Real Estate — reproduced as published, not verified by Districts.
Victoria 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.