Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

VIC › Macedon › Blackwood Rd

448 Blackwood Rd, Macedon VIC 3440

House

$970,000

Last sold

27 July 2026

4

Bedrooms

2

Bathrooms

5

Car spaces

28,020 m²

Land

208 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $970,000 (27 July 2026).(Recorded sale)
  • CalculationLand 28,020 m² against a 208 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Macedon (last 5 years) with land size: median $354/m² of land (n=44). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$970,000

27 July 2026 · 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.

See the full Macedon report →

Vs Macedon

-5.8%

Median sale

Suburb $1,030,000

+0.17 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 and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$970,00027 July 2026
  2. Listedprice unknowncompleted16 Feb 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Macedon in one glance

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.

See the full Macedon report →

Keep researching

  • Why Macedon? Read the area thesis →
  • What else is on the market in Macedon →
  • Other records on Blackwood Rd →

Listing material

Listed by TCC Real Estate Macedon Ranges

The flexibility buyers want, the lifestyle everyone dreams of.

Just five minutes from Macedon Village, this private 7 acre (approx.) retreat delivers the flexibility more buyers are searching for — space to live, work, host and grow. With a character filled main residence, fully self contained cottage and extensive shedding, 448 Blackwood Road is ideal for multigenerational living, working from home, guest accommodation, hobby farming or a more self sufficient lifestyle without giving up convenience.

Originally built in the 1940s as the homestead of a much larger holding of approximately 200 acres, the property carries a rich local story and has been lovingly held by the same family for more than 40 years.

The main residence is warm, light filled and full of original charm, with three generous bedrooms, an updated central bathroom and multiple living zones for modern family life. A formal lounge with open fireplace, sunroom opening to the outdoor entertaining area and separate retreat provide excellent flexibility for relaxing, entertaining or working from home. Large picture windows frame leafy garden and bushland views, while ornate cornices, detailed ceilings, art deco features and stained glass add individuality and warmth. Wood fire heating and split system heating and cooling ensure year round comfort.

Read the full description

The kitchen stays true to the home’s heritage and heart, complete with an original wood stove cooker, gas cooktop, electric oven, dishwasher, warm timber cabinetry and adjoining meals area.

Set privately away from the main home, the self contained cottage is a standout feature. With one bedroom, living area, kitchenette and bathroom, it offers genuine versatility for extended family, older children, guests, creative use or additional work from home separation.

Outside, mature gardens, open grassed areas and established bushland create a peaceful and private setting. There is room for animals, gardens, bee keeping and a range of lifestyle pursuits, all while enjoying the calm and breathing space of country living.

Infrastructure is extensive, including a large garage and workshop, double carport, separate home office, multiple shedding and storage areas, four water tanks of approximately 22,500 litres each, dam, pump house and 5kW solar.

Rich in history, full of soul and ready for whatever comes next, this is a rare Macedon lifestyle property with the space, versatility and long term appeal to evolve with you.

Inspection is highly recommended.

Disclaimer: All information provided is for general guidance only and is sourced from what we believe to be reliable sources. However, we cannot guarantee its accuracy and do not accept liability for any errors or omissions. We strongly recommend interested parties should make their own enquiries and obtain their own legal and financial advice.

Listing description written by Elona Jaeschke, TCC Real Estate Macedon Ranges — reproduced as published, not verified by Districts.

Property features

  • Shed
  • Solar Panels
  • Water Tank
  • Workshop
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.