176 Mcmasters Lane, Lancefield is a 3 bedroom, 1 bathroom House and was built in 1940. The property has a land size of 366486m2 and floor size of 135m2. While the property is not currently for sale or for rent, it was last sold in April 2018.
A Victorian lifestyle investment!Located on a parcel off 92 acres, this cozy country cottage is nestled amongst fruit trees & manicured gardens which create the perfect atmosphere that is both beautiful and private. This property is perfect for agricultural activities with productive pasture, exceptional, heavy duty, steel cattle yards with shelter and water. Currently utilised for grazing the property is also ideally suited to equestrian pursuits. In a prime location close to Lancefield village, primary school, secondary school bus routes, and 5 minutes from Lancefield golf course. This presents an opportunity to purchase a productive business/lifestyle property with the ability to build STCA or land banking opportunity for the astute investor.Accommodation consists of:• Main bedroom and bedroom 2 with built- in robes• Bedroom 3/ Study• Brand new kitchen• Lounge- seperate dining• Pretty bathroom• Laundry• Entry hall • Large shed/ workshop and so much more that is perfect for the sheep and cattle businesses.• Front and rear decks that add to your living/entertaining areas for those lazy afternoon tea parties.just under 20 minutes away from Clarkefield Railway Stations,30 minutes to Tullamarine International Airport1 hour from Melbourne CBD"Inspection by appointment only"
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 1,520 properties. Over the last 5 years, Houses in Lancefield have seen a 32.96% increase in median value, while Units have seen a 38.58% increase. As at 31 December 2025:
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