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 › Grandview Ave
$695,000
Last sold
29 Sept 2016
4
Bedrooms
2
Bathrooms
4
Car spaces
3,177 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
$695,000
29 Sept 2016 · derived via latest_sale
Local land rate: recorded House sales in Macedon (last 5 years) with land size have a median of $350/m² of land (n=45). 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
-32.5%
Median sale
Suburb $1,030,000
+1.31 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 TCC Real Estate GisborneLocated in a quiet part of Macedon, this impressive four bedroom home (or 3 plus study) has contemporary styling and sunny aspects exuding a feeling of light and space..
Perfectly situated on its approx 3177SQM (over 3/4 acre), with dual access from Canterbury Road, Macedon, the home has native low maintenance grounds and Mt Macedon views.
The freshly renovated home is designed for country living. Consisting of four bedrooms (or 3 plus study), master with ES, open plan lounge/living and dining room, separate country-style kitchen with servery. Lovely new bathroom. A studio/home office/home theatre, is conveniently placed close to the house with its own private entrance. There is a double garage and also a double carport.
The entry to the home leads to an open plan lounge room with vaulted ceilings. Totally re-painted inside and outside the home offers a warm and healthy atmosphere created by its Arrow (slow combustion heater) with its “return system”. A split system is ideal for both heating and cooling in the summer months.
The dining room is off the separated provincial style kitchen (with a servery into the dining room). The bathrooms are fresh and the new main bathroom has a Caeser stone finish and heated towel rack!
There is a north facing sun room/conservatory.
Outside the gardens are low maintenance and there is a full sized, fenced tennis court at the rear of the block, ideal for games or even as a base for an enormous shed (STCA) whilst utilising the benefits of the rear access from Canterbury Road.
With new roof, fencing and low maintenance garden design, this is a great property to enjoy privacy yet convenience. Town water and tanks are available also.
Walk and enjoy the facilities of Macedon village lifestyle, send your children to fantastic local and best schools, and catch the train to Melbourne or even consider Bendigo! A short drive to Melbourne via Calder Freeway.
Once you experience the high quality living enjoyed by all “Macedonian”families of quaint Macedon, you will appreciate why properties like this are few and far between – people love Macedon! It's the best of both worlds for you and your family.
Inspect by appointment or advertised open house times.
Listing description written by Janis Paul, TCC Real Estate Gisborne — reproduced as published, not verified by Districts.