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 › Lancefield Tooborac Rd
$1,350,000–$1,385,000
For sale
Asking range
4
Bedrooms
2
Bathrooms
3
Car spaces
81,600 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
Asking
$1,350,000–$1,385,000
Asking range · $17/m² of land
No recorded sale for this property.
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
+86.6%
Median sale
Suburb $723,500
-1.82 pp
Gross yield
Suburb 3.92%
Suburb median $723,500 from 20 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Based on the low end of the asking range, not a contract price.
$81,213 on top of the price (6.0% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Based on the low end of the asking range, not a contract price.
Pre-filled with Lancefield's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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.
Gross yield if leased at the suburb aggregate is 2.1%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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
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 Ray White SunburySet against the breathtaking backdrop of the Macedon Ranges, 294 Lancefield-Tooborac Road presents a rare and unrivalled opportunity to secure a premier 8.16ha lifestyle estate. Spanning approximately 20 acres of pristine Victorian countryside, this property is the ultimate blank canvas for those seeking a tranquil tree-change without compromising on modern convenience. It is a rare find that perfectly balances expansive rural living with high-calibre infrastructure, making it an ideal acquisition for families, hobby farmers or those with a vision for a grand country retreat.
The heart of the home is defined by its expansive and sun-drenched living zones, designed to facilitate both effortless entertaining and cozy family connection. The large, open-plan kitchen is a chef's delight, featuring ample bench and storage space, a walk-in pantry, quality appliances and a seamless flow into the dining area where windows frame the vast outdoor landscape.
Adjacent to the kitchen, the primary family room serves as a warm sanctuary, anchored by a classic brick feature wall, a powerful wood-fire heater and the added comfort of underfloor heating. For more formal occasions or quiet retreats, a secondary lounge room offers a sophisticated space to relax, all while maintaining a connection to the wide-open views that make this property so special.
The accommodation wing is thoughtfully zoned to provide privacy and rest for the entire family. The residence boasts four well-proportioned bedrooms, each offering generous dimensions and a peaceful outlook over the surrounding gardens. The master suite serves as a private oasis, complete with its own ensuite for added convenience. The remaining bedrooms are serviced by a central family bathroom that is both functional and bright, ensuring that while the living areas are social and open, the sleeping quarters remain a quiet retreat from the hustle and bustle of daily life.
Adding to the home's practical appeal is a suite of essential amenities designed for a busy country lifestyle. A dedicated, full-sized laundry provides plenty of space for chores and features direct external access for convenience. Vehicle storage is expertly catered for with a remote double-car garage located on one side of the residence, whilst a completely separate single garage is situated at the opposite end of the house. This clever configuration provides excellent flexibility, offering secure parking for daily vehicles whilst also providing a private, separate space for a classic car, a home workshop or additional storage.
Transitioning from the interior to the outdoors, the property features an exceptional alfresco entertaining area designed for the classic Australian lifestyle. A massive paved veranda provides a shaded vantage point to look over the expansive grounds, offering the perfect setting for long weekend lunches or twilight drinks. This space flows directly toward the large inground pool, which sits framed by low-maintenance brickwork and greenery, creating a private oasis for relaxation. Whether you are hosting a summer barbecue for friends or simply enjoying a quiet morning coffee while watching the mist rise off the paddocks, this outdoor zone serves as a stunning extension of the family home.
For the equine enthusiast or the dedicated hobbyist, the facilities provided here are nothing short of world-class. The property is fully equipped for professional pursuits, featuring a dedicated arena, a round yard and a substantial stable and shed complex complete with a tack room and wash bay. Further enhancing the versatility of the acreage are well-positioned livestock shelters, while quality fencing and infrastructure ensure the land is ready for use from day one. Beyond the equestrian amenities, a massive 6.6m x 12.1m workshop provides endless space for machinery, trades or serious DIY projects. The land is thoughtfully partitioned and supported by significant water security, including a large dam and a bore, along with two 10,000L and one 20,000L water tanks, ensuring the pastures remain productive and lush throughout the seasons.
The location offers the perfect blend of secluded country soul and city proximity, situated just 70 kilometers from the heart of Melbourne. Life in Lancefield means having the best of the Macedon Ranges at your doorstep, from the historic charm of the township to the vibrant local culture. You are only minutes away from a meal at the iconic Lancefield Hotel or a craft beer at the famous Lost Watering Hole brewery. Whether you are exploring the local farmers' markets or enjoying the nearby wineries, this property represents a legacy opportunity to own a significant piece of one of Victoria's most sought-after rural pockets.
For further information or to arrange your private inspection, contact Joshua Reeves on 0438 821 093 or Tyra Delaney on 0499 504 792.
Please note we require photo ID when attending opens
In preparing this information, Ray White Sunbury has used our best endeavours to ensure that the statements contained herein are true and accurate. All information (including but not limited to the property area, floor size, price, address and general property description) has been provided to Ray White Sunbury by third parties. As such, Ray White Sunbury makes no statement, representation, or warranty and assumes no legal liability in relation to the accuracy, context or suitability for any purpose of the information provided in advertising the property.
Prospective purchasers should conduct their own due diligence and inquiries to verify the information independently.
We encourage buyers to make their own enquiries and refer you to the due diligence checklist provided by Consumer Affairs for further information
http://www.consumer.vic.gov.au/duediligencechecklist
Listing description written by Joshua Reeves, Ray White Sunbury — reproduced as published, not verified by Districts.