Heathcote at a glance
3,253
People
$622,500
Median sale
$412/wk
Median rent
3.44%
Suburb gross yield
Median sale from 70 recorded sales (last 12 months) — a Districts calculation.
VIC › Heathcote › Mcphersons Ln
$1,300,000
For sale
Asking
4
Bedrooms
3
Bathrooms
3
Car spaces
60,000 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
$1,300,000
Asking · $22/m² of land
No recorded sale for this property.
Heathcote at a glance
3,253
People
$622,500
Median sale
$412/wk
Median rent
3.44%
Suburb gross yield
Median sale from 70 recorded sales (last 12 months) — a Districts calculation.
Vs Heathcote
+108.8%
Median sale
Suburb $622,500
-1.79 pp
Gross yield
Suburb 3.44%
Suburb median $622,500 from 70 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$78,346 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.
Pre-filled with Heathcote'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 $412/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 1.6%. 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
UnknownArea
Heathcote at a glance
3,253
People
$622,500
Median sale
$412/wk
Median rent
3.44%
Suburb gross yield
Median sale from 70 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White HeathcoteWelcome to 427 McPhersons Lane, Heathcote! This stunning property offers a perfect blend of modern elegance and serene country living. Situated on a beautifully landscaped 6.23-hectare allotment, this spacious house boasts 3 bedrooms, 2 bathrooms, light filled living areas and a chef's kitchen.
As you step inside, you'll be greeted by a warm and inviting atmosphere. The open-plan light filled living and dining area provides ample space for entertaining guests or simply relaxing with your loved ones. The modern kitchen is equipped with high-quality appliances, sleek cabinetry, and a breakfast bar, making it a chef's dream.
The bedrooms are generously sized and feature built-in wardrobes, ensuring plenty of storage space. The master bedroom boasts an ensuite and reverse cycle split system, offering a private sanctuary. There is access to the return veranda from the master suite. Year round comfort is assured with multiple reverse cycle split systems and solid fuel heating. The home features a magnificent return verandah with automatic blinds creating the perfect space to relax and enjoy a glass or two of one of the many superb wines produced in the area while enjoying the views across the property. The home is connected to the grid and has a 5 kilowatt solar system and 6.5 kilowatt backup generator. A security systems ensures peace of mind.
Outside, the property truly shines. A sauna and outdoor entertaining area combines with an omental water feature to create the ultimate relaxation experience. There is a self contained one bedroom bungalow ideal for extended family or income producing accommodation business. Across the path is a fully equipped airconditioned gym and 8.7m x 4.7m storage shed. Additional shedding includes a machinery shed and workshop with concrete floor and power , 9.5m x 7m and a 15m x 6m storage shed. The land offers endless possibilities, whether you dream of creating your own vegetable garden, setting up a playground for the kids, or even keeping horses. Water supply is assured with a bore, two dams and ample rainwater storage.
Located just 1.5 hrs Melbourne and 40 minutes Bendigo this property offers the perfect balance between tranquility and convenience. Enjoy the peace and quiet of the countryside while still being within easy reach of local amenities, schools, and transport links.
Don't miss out on the chance to make this property your own. Contact us today to arrange a viewing and start envisioning your future in this idyllic retreat.
Listing description written by Brian Lawry, Ray White Heathcote — 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.