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VIC › Heyfield › Mustons Ln

230 Mustons Ln, Heyfield VIC 3858

House

4

Bedrooms

2

Bathrooms

8

Car spaces

19,400 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLand 19,400 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Heyfield (last 5 years) with land size: median $406/m² of land (n=71). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned RURAL LIVING ZONE - SCHEDULE 2 (RLZ2) under the ZN.(Vicmap Planning · 1 Sept 2026)

What could make it worth less?

  • FactDEVELOPMENT PLAN OVERLAY - SCHEDULE 1 intersects 99.8% of this parcel.(Vicmap Planning · 1 Sept 2026)

What should you verify next?

  1. 1DEVELOPMENT PLAN OVERLAY - SCHEDULE 1 affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

No recorded sale price for this property yet.

Local land rate: recorded House sales in Heyfield (last 5 years) with land size have a median of $406/m² of land (n=71). Districts calculation from recorded sales — not a valuation.

Heyfield at a glance

2,441

People

$430,000

Median sale

$434/wk

Median rent

5.25%

Suburb gross yield

Median sale from 29 recorded sales (last 12 months) — a Districts calculation.

See the full Heyfield report →

Planning

Planning and development

Planning scheme

ZN

Zone

RURAL LIVING ZONE - SCHEDULE 2

RLZ2

Jurisdiction

Wellington

Wellington, VIC

Planning overlays

  • DEVELOPMENT PLAN OVERLAY - SCHEDULE 1Detected — 99.8% of parcel

Development activity

Data unavailable

Source

  • Provider: Vicmap Planning
  • Dataset: PLAN_ZONE
  • Retrieved: 1 Sept 2026
  • Version: 1
  • Parcel: 130013724

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Soldprice unknown7 Mar 2024
  2. Listedprice unknowncompleted28 Nov 2023
  3. Listedprice unknowncompleted28 Nov 2023

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Confidence: medium

Zoned RURAL LIVING ZONE - SCHEDULE 2 · RLZ2 (ZN). Official parcel area about 20,032 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Official parcel about 20,032 m² — land size can look like optionality. What reduces it: DEVELOPMENT PLAN OVERLAY - SCHEDULE 1. This overlay can reduce what the land size appears to promise. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $434/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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.

3 of 10 questions answered so far

  • Development optionality of this lot

    Knownmedium

    Zoned RURAL LIVING ZONE - SCHEDULE 2 · RLZ2 (ZN). Official parcel area about 20,032 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Knownlow

    Official parcel about 20,032 m² — land size can look like optionality. What reduces it: DEVELOPMENT PLAN OVERLAY - SCHEDULE 1. This overlay can reduce what the land size appears to promise.

  • Lot-level flood

    Unknown

    Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    No DA adapter returned applications for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Heyfield in one glance

Heyfield at a glance

2,441

People

$430,000

Median sale

$434/wk

Median rent

5.25%

Suburb gross yield

Median sale from 29 recorded sales (last 12 months) — a Districts calculation.

See the full Heyfield report →

Keep researching

  • Why Heyfield? Read the area thesis →
  • What else is on the market in Heyfield →
  • Other records on Mustons Ln →

Listing material

Listed by Eview Group

Executive Lifestyle Property

Is it time to get a real pony? The dream of waking up every day, looking out the window to see your horses happily grazing can now become your reality

Comprising impeccable design, quality craftsmanship and outstanding finishes set upon a desirable 1.94 hectare/4.79 acre allotment just minutes from town

Designed with family in mind, this home is contemporary, visually spectacular and in the perfect location for a modern Heyfield family

Read the full description

Carefully crafted and curated two storey design, this Master Builders award-nominated home will provide you with a family lifestyle beyond compare with thoughtful design at every turn, the four-bedroom, two-bathroom home has every comfort and convenience covered

The king size master suite is complete with a split system air conditioner, dual walk-in robe and a luxe ensuite with a double walk-in shower and double vanity. The children's wing offers 3 additional bedrooms, two with built in robes, ceiling fans and supported by the stylish family bathroom with bath and shower

The main dining and living area features two wood heaters with eye catching stone divider wall as well as split system air conditioning. The second living space, thoughtfully designed with a vaulted ceiling & large windows, creates a perfect gathering place for family and friends

An entertainers delight kitchen features elegant stone bench tops, 900mm gas cooker, dishwasher & spacious walk-in pantry

A custom built oak staircase leads to a versatile rumpus room / home office, complete with split system air conditioning, allowing you to adapt the space to suit your lifestyle needs

A lot of care and attention to detail has also gone into the aesthetics of the home, including timber look flooring, double sided fire place, calming pops of colour along with a neutral palette which is adaptable to any decorating style

Beyond the comforts of the main residence, thoughtful planning has delivered an abundance of shedding, including a 6m x 8m double garage with direct entry to the home, a 14m x 12m shed with mezzanine floor storage, wood heater, and powder room, the perfect setup for small business operators requiring ample shedding and storage. There is also a 9m x 9m rear carport - ideal for storing caravans, boats or your horse float

For those with a passion for horses, the well-fenced paddocks, stock shelters, and a nostalgic post and rail enclosed menage makes this property a dream for equestrian enthusiasts. Further features to note include the convenience of town water plus additional water tank, fenced house yard for kids and pets to frolic

The lovely community of Heyfield has a Kindergarten, Primary School, local shopping strip, IGA and is the gateway to the High Country, with opportunities for camping and water sports on nearby Lake Glenmaggie

Privately placed toward the rear of your land and surrounded by other quality homes, this incredibly special property offers practicality, luxury and style

Contact Kerrie Ford 0436 179 179

Listing description written by Kerrie Ford, Eview Group — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.