Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

VIC › Romsey › Melbourne Lancefield Rd

2480 Melbourne Lancefield Rd, Romsey VIC 3434

House

$1,380,000

Last sold

6 Nov 2025

5

Bedrooms

2

Bathrooms

6

Car spaces

20,234.282 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLast recorded sale $1,380,000 (6 Nov 2025).(Recorded sale)
  • FactLand 20,234 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Romsey (last 5 years) with land size: median $593/m² of land (n=118). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned TRANSPORT ZONE 2 - PRINCIPAL ROAD NETWORK (TRZ2) under the ZN.(Vicmap Planning · 1 Sept 2026)

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1No 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

$1,380,000

6 Nov 2025 · derived via latest_sale

Local land rate: recorded House sales in Romsey (last 5 years) with land size have a median of $593/m² of land (n=118). Districts calculation from recorded sales — not a valuation.

Romsey at a glance

6,233

People

$850,000

Median sale

$545/wk

Median rent

3.33%

Suburb gross yield

Median sale from 63 recorded sales (last 12 months) — a Districts calculation.

See the full Romsey report →

Vs Romsey

+62.4%

Median sale

Suburb $850,000

-1.28 pp

Gross yield

Suburb 3.33%

Suburb median $850,000 from 63 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

ZN

Zone

TRANSPORT ZONE 2 - PRINCIPAL ROAD NETWORK

TRZ2

Jurisdiction

Macedon Ranges

Macedon Ranges, VIC

Planning overlays

  • environmentalNot detected

Development activity

Data unavailable

Source

  • Provider: Vicmap Planning
  • Dataset: PLAN_ZONE
  • Retrieved: 1 Sept 2026
  • Version: 1
  • Parcel: 128126418

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. Sold$1,380,0006 Nov 2025
  2. Listedprice unknowncompleted9 Oct 2025
  3. Listedprice unknowncompleted9 Oct 2025

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 TRANSPORT ZONE 2 - PRINCIPAL ROAD NETWORK · TRZ2 (ZN). Official parcel area about 20,087 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. 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 $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.

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 TRANSPORT ZONE 2 - PRINCIPAL ROAD NETWORK · TRZ2 (ZN). Official parcel area about 20,087 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?

    Knownmedium

    Official parcel about 20,087 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.

  • 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

Romsey in one glance

Romsey at a glance

6,233

People

$850,000

Median sale

$545/wk

Median rent

3.33%

Suburb gross yield

Median sale from 63 recorded sales (last 12 months) — a Districts calculation.

See the full Romsey report →

Keep researching

  • Why Romsey? Read the area thesis →
  • What else is on the market in Romsey →
  • Other records on Melbourne Lancefield Rd →

Listing material

Listed by Raine & Horne Sunbury

Under Contract!!

Call Dean Clements on 0413 870656 for further details if required

Set behind a beautiful boundary of established pines and surrounded by lush green pastures, this quality family-friendly residence delivers the ideal country lifestyle all just minutes from the vibrant Romsey town centre and its growing range of amenities.

Thoughtfully updated and beautifully presented, the home offers multiple formal and informal living zones filled with natural light and scenic outlooks across the property. The modern, state-of-the-art kitchen is a true highlight, featuring quality appliances, excellent storage, and generous bench space perfect for family living and entertaining alike.

Read the full description

Accommodation includes four spacious bedrooms plus a study or fifth bedroom, ensuring flexibility for growing families or those working from home. Comfort is assured year-round with ducted heating, wood fireplace, and cooling throughout.

Outdoors, the property continues to impress with:

• Approx 5 acres divided into 3 well-fenced, electrified paddocks

• 3.5m x 3.9m powered shed

• Two large water tanks (15,000L & 20,000L)

. Town water

• Beautifully landscaped gardens with an array of fruit trees offering privacy and serenity

• Double garage under the roofline

• Separate large workshop/garage of approx 192m2 ideal for trades, hobbies, or a home-based business with incorporated office

This is the perfect blend of modern comfort and country charm a true lifestyle opportunity in one of the Macedon Ranges' most sought-after locations.

Photo ID Required for Open Inspections

Please be aware that a valid photo ID must be presented when attending open homes.

Disclaimer

Raine & Horne has made every effort to ensure the accuracy of this information. However, details such as property dimensions, pricing, location, and descriptions have been provided by third parties. As such, Raine & Horne cannot guarantee the accuracy or completeness of this information and accepts no responsibility for any errors, omissions, or discrepancies.

We strongly advise prospective buyers to undertake their own research and verification of all details. For further guidance, please consult the due diligence checklist available through Consumer Affairs.

Listing description written by Dean Clements, Raine & Horne Sunbury — 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.

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

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