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VIC › Mount Macedon › Mount Macedon Rd

659 Mount Macedon Rd, Mount Macedon VIC 3441

For saleHouse

$3,600,000–$3,800,000

For sale

Asking range

$3,600,000

Last sold

1 July 2021

4

Bedrooms

2

Bathrooms

4

Car spaces

4,153.4 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $3,600,000–$3,800,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $3,600,000–$3,800,000(Listing record · 21 Nov 2025)
  • FactLand 4,153 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Mount Macedon (last 5 years) with land size: median $482/m² of land (n=33). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 150% above the Mount Macedon median recorded sale ($1,441,000, n=11, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Mount Macedon's advertised median rent ($539/wk), implied gross yield would be 0.78% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

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

The ask against the evidence

Asking

$3,600,000–$3,800,000

Asking range · $867/m² of land

Last recorded sale $3,600,000 (1 July 2021).

Local land rate: recorded House sales in Mount Macedon (last 5 years) with land size have a median of $482/m² of land (n=33). Districts calculation from recorded sales — not a valuation.

Mount Macedon at a glance

1,504

People

$1,441,000

Median sale

$539/wk

Median rent

1.95%

Suburb gross yield

Median sale from 11 recorded sales (last 12 months) — a Districts calculation.

See the full Mount Macedon report →

Vs Mount Macedon

+149.8%

Median sale

Suburb $1,441,000

-1.17 pp

Gross yield

Suburb 1.95%

Suburb median $1,441,000 from 11 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$3,600,000
Stamp Duty (Victoria)
$214,000
Transfer/Registration Fee
$3,614
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$3,821,314

$221,314 on top of the price (6.1% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

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.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Mount Macedon's advertised median rent — not a rent for this listing.

Net yield
-0.72%
Annual cashflow (pre-tax)
$-213,172
Interest cover (DSCR)
-0.14
Annual rent
$28,028
Operating expenses
$54,000
Loan amount
$2,880,000
Annual interest
$187,200
Gross yield
0.78%

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.

Open the full yield calculator →

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

202120232025$3.6m$3.6m
  • Sold (recorded)
  • Asking price (not a sale)
  1. Listed$3,600,000–$3,800,000available21 Nov 2025
  2. Sold$3,600,0001 July 2021
  3. Listedprice unknowncompleted11 May 2021

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

Gross yield if leased at the suburb aggregate is 0.8%. 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

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

Mount Macedon in one glance

Mount Macedon at a glance

1,504

People

$1,441,000

Median sale

$539/wk

Median rent

1.95%

Suburb gross yield

Median sale from 11 recorded sales (last 12 months) — a Districts calculation.

See the full Mount Macedon report →

Keep researching

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

Listing material

Listed by Mount Macedon Realty

Sabiha, a home in Mount Macedon

In the very heart of Mount Macedon, within 2 minutes’ walk to the primary school and Trading Post, stands Sabiha, a property that redefines what it means to live beautifully. Rare, refined, and utterly unique, this estate is a world-class expression of design, sustainability, and soul.

Every detail tells a story. Built in 2014, crafted from reclaimed and reimagined materials, Sabiha celebrates both heritage and innovation. Step through the wrought iron gates, across floorboards rich with history, past cedar doors, Italian porcelain tiles, and 1950s Carlton Brewery bricks that ground the home in character. Around every corner, Castlemaine sandstone anchors the landscape in quiet grandeur.

Inside, the atmosphere is warm and tactile, a balance of luxury and casual ease. The residence unfolds into four serene bedrooms, three with walk-in robes, each designed for comfort and space. In the bathrooms, granite vanities, floor-to-ceiling tiling, and deep freestanding baths offer indulgence and a sense of retreat.

Read the full description

At its heart lies a homestead-style kitchen, the perfect meeting of elegance and function. European granite benchtops, premium appliances, and an oversized butler’s pantry create the ideal stage for both everyday living and unforgettable entertaining. Gather around the woodfire in the lounge, share meals in the garden-view dining room, dine outdoors on the deck’s built-in kitchen and BBQ, or linger beneath the stars by the firepit, every space invite connection.

Sabiha is crafted for comfort in every season, with double glazing, comprehensive insulation, and zoned ducted climate control ensuring a sense of year-round comfort.

Beyond the home, the gardens are a living work of art, lush, structured, and serenely private behind the iconic Emerald Lustre hedge. Wander through the orchard, Cherry walk, and Magnolia-lined drive, or admire the sculptural beauty of Japanese Maples and espaliered walls, all serviced by an automated watering system.

Among its many thoughtful inclusions are an integrated double garage, security and intercom systems, surround sound, a 140,000L water tank, roof top fire sprinkler system, external shutters, and a large barn with two-car garage, fully equipped studio with kitchen facilities, perfect as a creative space or guest retreat.

Sabiha, is a reflection of harmony, beauty and design, ready for its new family.

Disclaimer: Before you buy a home or vacant residential land, you should be aware of a range of issues that may affect that property and impose restrictions or obligations on you, if you buy it. Please refer to the due diligence checklist provided by Consumer Affairs Victoria at the website address detailed below. This checklist aims to help you identify whether any of these issues will affect you. The questions are a starting point only and you may need to seek professional advice to answer some of them.

www.consumer.vic.gov.au/housing/buying-and-selling-property/checklists/due-diligence

Listing description written by Lisa Fowler, Mount Macedon Realty — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Alarm System
  • Balcony
  • Built-in Robes
  • Deck
  • Dishwasher
  • Ensuites: 1
  • Floorboards
  • Fully Fenced
  • Living Areas: 2
  • Outdoor Entertaining
  • Remote Garage
  • Secure Parking
  • Shed
  • Study
  • Toilets: 3
  • Water Tank
  • Workshop
Districts

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

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