69 Park Street, Lancefield, VIC 3435 | Land for sale | OnTheHouse
 
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69 Park Street
Lancefield VIC 3435

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Land area: 4.53ha
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Major Development Opportunity (4.53HA)

A significant development opportunity exists on the fringe of Lancefield. Only moments’ walk to the Lancefield Primary School and short stroll to the village centre, this subdivision opportunity is a chance to leave a legacy for the future. A total of 18 (approx. 2,000m2) blocks with current approval from MRSC to proceed with the next stage of subdivision. All the heavy lifting has been done. The land now awaits an investor to carry through the completion and reap the rewards.
A total of 4.53 ha (11.19 acres) subdivided into 19 blocks, all with views to the surrounding ranges. Lancefield is a burgeoning township only 40 minutes to the Airport and 60 minutes to Melbourne CBD. A country lifestyle is the flavour for those looking for a safe and serene environment to bring up their families or settle into retirement. For reference, other comparative blocks in Lancefield are currently for sale for approximately $450k - $580k for 1,100m2 making the 69 Park Street development a very lucrative proposition.
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
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Property Details for 69 Park St, Lancefield

Building Type
Land
Land Size
4.53ha
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About Lancefield 3435

The size of Lancefield is approximately 126.2 square kilometres. It has 3 parks covering nearly 13.5% of total area. The population of Lancefield in 2016 was 2455 people. By 2021 the population was 2743 showing a population growth of 11.7% in the area during that time. The predominant age group in Lancefield is 60-69 years. Households in Lancefield are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lancefield work in a professional occupation.In 2021, 86.60% of the homes in Lancefield were owner-occupied compared with 83.20% in 2016.

Lancefield has 1,519 properties. Over the last 5 years, Houses in Lancefield have seen a 26.67% increase in median value, while Units have seen a 37.66% increase. As at 30 November 2025:

  • The median value for Houses in Lancefield is $774,630 while the median value for Units is $584,829.
  • Houses have a median rent of $575.
There are currently 14 properties listed for sale, and 2 properties listed for rent in Lancefield on OnTheHouse. According to Cotality's data, 59 properties were sold in the past 12 months in Lancefield.

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Lisa Fowler
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Mount Macedon Realty
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