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
$1,051,000
Last sold
29 Oct 2020
3
Bedrooms
1
Bathrooms
5
Car spaces
50,504.768 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
$1,051,000
29 Oct 2020 · derived via latest_sale
Local land rate: recorded House sales in Macedon (last 5 years) with land size have a median of $350/m² of land (n=45). 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
+2.0%
Median sale
Suburb $1,030,000
-0.05 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 EstatePRIVATE INSPECTIONS ARE AVAILABLE.
Presenting a highly unique opportunity to secure the perfect lifestyle property in a superb Macedon location.
Situated on over 5ha (approx), this character filled 3 bedroom home enjoys a highly flexible floor plan–offering so much scope to utilize as you please.
This inviting home includes stained glass highlights, brick and timber features throughout, claw foot bath, earthy tiles, plush carpets & slate flooring.
The large living / dining area feeds from the charming kitchen; enjoying timber lined ceiling, central butchers block, quality appliances & servery through to the spacious light filled sun room. There is a great space which can be used as a lounge / home office or 4th bedroom / retreat with independent entrance. The home also offers a private study / studio.
All bedrooms are well serviced by a lovely 2 way bathroom, plus there is also a separate powder room. The master suite boasts a huge dressing room and external access to a rear courtyard.
There is a deep wrap around verandah providing shade and a wonderful place to relax and ponder the day away.
Year round comfort is ensured with thanks to ducted heating, wood heater, split system and ceiling fan to living. A massive added bonus on an allotment of this size is the availability of town water, plus solar infrastructure.
The property also enjoys 3 good dams (one providing water for gardens). There are approx. 4 acres of grass surrounding the property, along with a scattering of light bush to the boundaries ensuring privacy & an abundance of wildlife.
198 Black Forest Drive is further enhanced by the large 3 car carport, fencing and easy access throughout the property, ample shedding including 2 large sheds (approximately 15m x 7.2m & 6m x 12m).
Set in a highly desirable location with neighbouring properties including an equestrian centre & winery.
All of this, located on a wide sealed road frontage within minutes of the freeway, an easy 40 minute drive to the Melbourne CBD and 25 minutes to the Airport. As you enter up the winding driveway past the picturesque dam, you will want to call this your home.
*PHOTO ID REQUIRED AT ALL INSPECTIONS* PLEASE CONTINUE TO OBSERVE SOCIAL DISTANCING GUIDELINES AT INSPECTIONS.
DISCLAIMER: All stated dimensions are approximate. Particulars given are for general information & don't constitute any representation on the part of the Vendor or Agent.
Listing description written by Jason Kennedy, Kennedy & Hunt Real Estate — reproduced as published, not verified by Districts.