Macedon at a glance
2,113
People
$1,030,000
Median sale
$539/wk
Median rent
2.72%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
VIC › Macedon › Black Forest Dr
$1,160,000
Last sold
16 May 2024
5
Bedrooms
3
Bathrooms
6
Car spaces
56,655.99 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
$1,160,000
16 May 2024 · derived via latest_sale
Local land rate: recorded House sales in Macedon (last 5 years) with land size have a median of $354/m² of land (n=44). Districts calculation from recorded sales — not a valuation.
Macedon at a glance
2,113
People
$1,030,000
Median sale
$539/wk
Median rent
2.72%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Vs Macedon
+12.6%
Median sale
Suburb $1,030,000
-0.30 pp
Gross yield
Suburb 2.72%
Suburb median $1,030,000 from 17 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 $539/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.
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
Macedon at a glance
2,113
People
$1,030,000
Median sale
$539/wk
Median rent
2.72%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Woodards Macedon RangesNestled in the heart of the picturesque Macedon Ranges, this 14-acre landholding offers an unparalleled opportunity to embrace the quintessential country lifestyle. With stunning views of Mount Macedon and serene woodland trails just moments away, immerse yourself in the beauty of nature while enjoying the ease of modern living.
Conveniently located near Macedon, Woodend & Gisborne Townships, this idyllic retreat offers easy freeway access and a mere 1.5km stroll to the train station, ensuring effortless commutes to Melbourne city and beyond. Plus, with top-tier schooling options nearby, families can nurture their children's education in an enriching environment.
As you traverse the elegant pine-lined driveway, a spacious five-bedroom home awaits, ready to be transformed into your dream retreat. Boasting clean lines and an abundance of natural light, this residence offers the perfect canvas for your vision of rural elegance. Ideal for multigenerational living or generating additional income, the property features an integrated self-contained one-bedroom unit with a second kitchen. Whether accommodating family members, teenagers, or hosting guests through platforms like Airbnb, flexibility is paramount.
Step outside to discover the boundless possibilities of this expansive property. From the fully fenced house yard, ensuring safety for children and pets, to the charming outdoor entertaining area exuding a nostalgic farmhouse ambience, every corner invites you to savour the tranquillity of country living.
For those with equestrian or farming aspirations, the property boasts four paddocks, a sizable dam, and an array of shedding, including machinery sheds, workshop, garage, and a chicken coop. With new fencing and additional access from Blackwood Road, convenience meets functionality at every turn.
Whether you're a horse enthusiast, aspiring farmer, or simply seeking a serene escape from the hustle and bustle, this property epitomizes the perfect blend of rural charm and modern convenience. Embrace the Macedon Ranges lifestyle and make this haven your own.
Listing description written by Brad Best, Woodards Macedon Ranges — reproduced as published, not verified by Districts.