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 › High St
2
Bedrooms
1
Bathrooms
0
Car spaces
1,003 m²
Land
406 m²
Building
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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Lancefield (last 5 years) with land size have a median of $903/m² of land (n=62). Districts calculation from recorded sales — not a valuation.
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.
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. 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
UnknownArea
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 Property Management Macedon RangesWith high-visibility and limited retail space, 34 High Street presents a unique opportunity to secure a high profile and income generating property in the heart of Lancefield’s town centre - perfect for investors, owner-occupiers or those seeking a live-and-work setup.
This turnkey investment offers existing solid holding income with upside potential for additional rental yield to maximise your return.
Set on a prominent multi-frontage site, the property comprises:
- Retail Space 1 (approx. 197sqm) – Tenanted by the renowned Lancefield Op Shop, with consistent foot traffic and secure rental income. Features dual shop frontages and street access, bathroom facilities and generous floor area.
- Retail Space 2 (approx. 84sqm) – Formerly much-loved Red Door Books with a very loyal patronage over 18 years, this currently vacant retail space offers excellent scope for leasing or owner operation. The double frontage to High Street and flexible layout options, including bathroom and kitchenette facilities, will appeal to a range of businesses.
- 2-Bedroom Flat – Retaining character of the original building while offering modern comfort and updated finishes for a very comfortable lifestyle. Separate access provides versatility for a range of applications - an owner occupied in-town residence, short stay accommodation, long-term residential tenancy or commercial lease for a studio or gallery. Features include two bedrooms, separate lounge, updated bathroom and sunlit kitchen/dining with north-facing bifold doors to rear deck overlooking private rear yard and views to Cobaw Ranges.
Lancefield is a desirable and growing township in the Macedon Ranges. Located only an hour drive to the Melbourne CBD and 45 minutes to Melbourne Airport with convenient access to both Hume and Calder Freeways. Take advantage of a continuous calendar of local events and attractions, including the thriving monthly Lancefield Farmers’ Market on your doorstep across the central High Street plantation.
Key Investment Highlights:
- Dual retail shopfronts on a premier strip with great signage opportunity
- Established tenant in place
- Separate metering and access
- Excellent rental yield potential
This is an exceptional opportunity for savvy investors offering multiple income streams, strong rental returns and future growth potential.
Contact Agent for further details and to arrange your inspection today. Kim Forsyth 049 491 229.
Property Code: 1244
Listing description written by Kim Forsyth, Property Management Macedon Ranges — reproduced as published, not verified by Districts.
Victoria 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.