Macleod at a glance
10,655
People
$1,191,000
Median sale
$538/wk
Median rent
2.35%
Suburb gross yield
Median sale from 45 recorded sales (last 12 months) — a Districts calculation.
$1,250,000
Last sold
22 Mar 2025
3
Bedrooms
1
Bathrooms
0
Car spaces
1,012 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
$1,250,000
22 Mar 2025 · derived via latest_sale
Local land rate: recorded House sales in Macleod (last 5 years) with land size have a median of $1,856/m² of land (n=61). Districts calculation from recorded sales — not a valuation.
Macleod at a glance
10,655
People
$1,191,000
Median sale
$538/wk
Median rent
2.35%
Suburb gross yield
Median sale from 45 recorded sales (last 12 months) — a Districts calculation.
Vs Macleod
+5.0%
Median sale
Suburb $1,191,000
-0.11 pp
Gross yield
Suburb 2.35%
Suburb median $1,191,000 from 45 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 $538/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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
Macleod at a glance
10,655
People
$1,191,000
Median sale
$538/wk
Median rent
2.35%
Suburb gross yield
Median sale from 45 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Miles Real Estate Ivanhoe & RosannaSOLD by Miles Real Estate. Where extensive parkland meets endless possibilities and the mountains beyond create a magnificent backdrop, this charming three bedroom home and its expansive 1012m2 allotment (approx) are poised for better, bigger and bolder future plans.
Backing directly onto the tranquil park reserve in the exclusive Victoria Cross Estate, this vast property offers an irresistible invitation to dream, design and realize the vision of a luxurious new residence or a transformative townhouse development (STCA) - the stage is set for a future as grand as the land itself.
Set quietly down behind a wide frontage of over 20-metres, the existing rendered brick home exudes comfort with its polished timber floors, ducted heating, air-conditioning and light-filled spaces. It offers three generously-sized bedrooms, two with built-in robes, a modern family bathroom, living and dining room flowing seamlessly towards views of the garden, a spacious kitchen plus alfresco decks, off-street parking and a massive east-facing rear garden that seemingly stretches into the lush parkland beyond.
The true beauty of this unparalleled opportunity lies in its extraordinary prospects: imagine expanding the existing home to a second level or building anew and waking up to sweeping views over the trees towards the ranges. Or, envision the creation of multiple dwellings, each designed to capture the beauty of its surroundings, that offers an exceptional lifestyle with nature on the doorstep.
This is more than just land - it's the chance to create a legacy in a remarkable location close to Macleod Village, cafes, shops and train station, schools, LaTrobe University and a host of surrounding shopping precincts.
Listing description written by Sue Lacey, Miles Real Estate Ivanhoe & Rosanna — reproduced as published, not verified by Districts.