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VIC › Brown Hill › Gracefield Rd

80 Gracefield Rd, Brown Hill VIC 3350

For saleHouse for Sale

$850,000–$895,000

For sale

Asking range

4

Bedrooms

2

Bathrooms

2

Car spaces

591 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $850,000–$895,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $850,000–$895,000(Listing record · 29 July 2026)
  • FactLand 591 m²; no building size recorded.(Property record)
  • CalculationAsk is 35% above the Brown Hill median recorded sale ($630,000, n=45, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Brown Hill's advertised median rent ($408/wk), implied gross yield would be 2.50% — 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

$850,000–$895,000

Asking range · $1,438/m² of land

No recorded sale for this property.

Brown Hill at a glance

4,639

People

$630,000

Median sale

$408/wk

Median rent

3.37%

Suburb gross yield

Median sale from 45 recorded sales (last 12 months) — a Districts calculation.

See the full Brown Hill report →

Vs Brown Hill

+34.9%

Median sale

Suburb $630,000

-0.87 pp

Gross yield

Suburb 3.37%

Suburb median $630,000 from 45 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
$850,000
Stamp Duty (Victoria)
$46,070
Transfer/Registration Fee
$2,093
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
$901,863

$51,863 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 Brown Hill's advertised median rent — not a rent for this listing.

Net yield
1.00%
Annual cashflow (pre-tax)
$-35,734
Interest cover (DSCR)
0.19
Annual rent
$21,216
Operating expenses
$12,750
Loan amount
$680,000
Annual interest
$44,200
Gross yield
2.50%

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

  1. Listed$850,000–$895,000available29 July 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 $408/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 2.5%. 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

Brown Hill in one glance

Brown Hill at a glance

4,639

People

$630,000

Median sale

$408/wk

Median rent

3.37%

Suburb gross yield

Median sale from 45 recorded sales (last 12 months) — a Districts calculation.

See the full Brown Hill report →

Keep researching

  • Why Brown Hill? Read the area thesis →
  • What else is on the market in Brown Hill →
  • Other records on Gracefield Rd →

Listing material

Listed by Buxton Ballarat

Exceptional Family Living in a Peaceful Brown Hill Setting

A fantastic opportunity awaits at 80 Gracefield Road, Brown Hill, where this brand new Balbir Builders home delivers an exceptional standard of modern family living. Designed with generous proportions, premium finishes and a highly functional floorplan, this impressive residence offers multiple living zones, expansive open spaces and stylish interiors throughout. Perfectly suited to growing families or those seeking a move-in-ready home with nothing left to do, this is a quality-built home in one of Ballarat's most desirable lifestyle locations.

From the moment you step inside, the grand entrance with its high ceilings and wide hallway creates an immediate sense of space, flowing through to a light-filled formal living room at the front of the home. The spacious master suite is privately positioned and features large windows, a generous walk-in robe and a beautifully appointed ensuite complete with a double vanity with extensive storage, an oversized shower, toilet and sleek matte black finishes, a design theme carried consistently throughout the home. Three further well-sized bedrooms provide excellent accommodation, with one featuring a walk-in robe and the remaining two including built-in robes. Servicing the bedroom wing is a stylish central bathroom complete with a bath, oversized shower and vanity with storage, while a separate powder room with its own vanity and toilet adds further convenience. At the heart of the home is the expansive open-plan kitchen, meals and living area, enhanced by soaring 3000mm ceilings that create an incredible sense of openness, while the remainder of the home enjoys 2700mm ceilings throughout. The impressive kitchen is beautifully appointed with a large stone island bench, double sink, extensive bench space and abundant cabinetry, complemented by a spacious butler's pantry offering additional storage, generous preparation space and a second sink. The adjoining meals and living area is equally impressive, offering an abundance of natural light and a seamless connection to the undercover alfresco through sliding doors, creating the perfect space for everyday family living and entertaining. A built-in entertainment unit with additional storage enhances the living space, while a well-equipped laundry with bench space, storage, trough and direct outdoor access adds everyday practicality. Zoned refrigerated heating and cooling provides year-round comfort throughout the home.

Outside, the home offers a private, low-maintenance backyard with enough space for children and pets while remaining easy to care for, making it ideal for busy families. Positioned in the peaceful and scenic surrounds of Brown Hill, the location offers the perfect balance of tranquillity and convenience. Enjoy nearby walking tracks, reservoirs and Mount Xavier Golf Course, while being just minutes from local cafés, eateries, the Brown Hill Hotel, IGA supermarket, primary schools, kindergartens and secondary schools. With the Melbourne freeway just moments away and the Ballarat CBD less than 10 minutes from your doorstep, this outstanding home delivers an exceptional lifestyle in a highly sought-after location.

Listing description written by Paul McGourlay, Buxton Ballarat — reproduced as published, not verified by Districts.

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.