Macedon at a glance
2,113
People
$1,030,000
Median sale
$539/wk
Median rent
2.72%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
VIC › Macedon › Black Forest Dr
$1,700,000
Last sold
26 Aug 2022
3
Bedrooms
2
Bathrooms
2
Car spaces
38,445.136 m²
Land
141 m²
Building
Districts View
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
$1,700,000
26 Aug 2022 · derived via latest_sale
Local land rate: recorded House sales in Macedon (last 5 years) with land size have a median of $354/m² of land (n=44). Districts calculation from recorded sales — not a valuation.
Macedon at a glance
2,113
People
$1,030,000
Median sale
$539/wk
Median rent
2.72%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Vs Macedon
+65.0%
Median sale
Suburb $1,030,000
-1.07 pp
Gross yield
Suburb 2.72%
Suburb median $1,030,000 from 17 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 $539/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
Macedon at a glance
2,113
People
$1,030,000
Median sale
$539/wk
Median rent
2.72%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Kennedy & Hunt Real EstatePresenting "Hill Cottage" and Horse Stud – a rare opportunity for equine enthusiasts to take residence in the exquisite Macedon Ranges.
As you enter the property via the winding driveway, you are welcomed by an overwhelming sense of tranquillity. Meandering past the Shiraz producing grape vines, and outdoor Olympic sized arena, you will note that there is a separate entrance, keeping the entry to the home private from visitors to the equestrian facilities.
Arguably, the main attraction of the property is the stunning indoor horse arena.
Complete with a fibre surface, and boasting eight (8) horse stables, a tack room and a feed room; a space that any equine enthusiast has dreamt of having available in their backyard. There are also a further 3 stables, numerous day paddocks, and further shedding to compliment this one-off opportunity.
The quaint three (3) bedroom home, features the main bedroom upstairs complete with ensuite and WIR. The downstairs floorplan includes an updated kitchen accompanied by a cute breakfast nook / meals area, overlooking the lovely gardens.
There is a separate dining room and living / lounge room, with access to the deck along with a cosy enclosed sunroom off the lounge.
Both of the other bedrooms have BIR's and are situated downstairs away from the living areas / master bedroom, and are serviced by a main bathroom.
Situated within 5 minutes of the V-Line station, the lovely townships of both Macedon and Gisborne with their cafes and restaurants aplenty, and its proximity to the freeway to Melbourne; this is a rare and enticing offering not to be missed.
BEFORE ATTENDING ANY INSPECTION , BUYERS MUST PRE-REGISTER – PLEASE CONTACT JASON ON 0417 383 235 TO PRE-REGISTER.
***PHOTO ID & QR CHECK-IN REQUIRED AT ALL INSPECTIONS***
DISCLAIMER: All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the Vendor or Agent. All prospective buyers must undertake their own due diligence.
Listing description written by Jason Kennedy, Kennedy & Hunt Real Estate — reproduced as published, not verified by Districts.