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.
VIC › Mount Macedon › Mount Macedon Rd
$2,390,000
Last sold
6 Aug 2022
4
Bedrooms
3
Bathrooms
2
Car spaces
2,700 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
$2,390,000
6 Aug 2022 · derived via latest_sale
Local land rate: recorded House sales in Mount Macedon (last 5 years) with land size have a median of $481/m² of land (n=32). 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.
Vs Mount Macedon
+65.9%
Median sale
Suburb $1,441,000
-0.78 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.
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
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.
Listing material
Listed by Kennedy & Hunt Real EstateAuction 06/08/2022 at 2:00pm - unless sold prior.
At a glimpse, 677 Mt Macedon Road is immediately intriguing and somewhat mystical.
Beloved by many, and boasting a truly blue chip location; 'Mistys on the Mount' embraces the quintessential charm and character of Mount Macedon.
Nestled behind imposing fencing and gates, this double storey residence also features a bonus studio and mesmerising leafy views to Mount Macedon.
Locals and regular visitors to the area are certain to know of this magical property, which undoubtedly has fascinating stories to tell.
Having once operated as a restaurant, and also a bed and breakfast amongst other things – this special residence is now waiting for the lucky new owners to take it on the next stage of it's journey.
The potential within this breathtaking property is certain to exceed your expectations. Showcasing the appropriate levels of luxury throughout; with all internal finishes, fixtures and fittings exuding style and elegance.
Inspection will delight and surprise, however, having lived through many an adventure; 677 Mount Macedon Road will benefit from a little love.
This grand residence presents so many options, and a little effort will go a really long way.
Internal spaces via the grand entrance include a magnificent light filled living space, complete with puddling drapes, feature cornices, ceiling roses and decorative pendant lighting.
The kitchen alone is a sight to behold. Featuring bespoke cabinetry and discreet lighting, along with intricate details including corbels, stone bevelled bench tops, and parquetry flooring.
The adjacent north facing dining room enjoys custom seating and embraces the mesmerising Mountain views across the sun drenched courtyard.
Accommodation comprises two generous bedrooms upstairs; along with a further private bedroom downstairs, completed by a retreat, access to 2 way bath and independent entry.
The idyllic corner allotment offers a rare opportunity to secure your own little piece of paradise within the vibrant and highly sought-after Mount Macedon community.
The well-regarded pocket of Mount Macedon is known for its grand old-world mansions, exquisite English gardens, and cooler climate - ensuring it is an ideal escape from hot Melbourne summers, and a place to self-nurture during the cold winter months.
Whatever your motivation, 677 Mt Macedon Road deserves your attention. A golden opportunity, just up from the magical mile, and only a stone's throw from the Mount Macedon and Macedon villages…
You truly need to inspect this magical opportunity in person. Inspect by appointment only.
Auction 06/08/2022 at 2:00pm - unless sold prior.
** PHOTO ID & QR CHECKIN REQUIRED AT ALL INSPECTIONS **
DISCLAIMER: All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the Vendor or Agent. All prospective buyers must undertake their own due diligence.
Listing description written by Jason Kennedy, Kennedy & Hunt Real Estate — reproduced as published, not verified by Districts.