198 Forbes Road, Macedon, VIC 3440 | Property Value & History | OnTheHouse
OFF MARKET

198 Forbes Road
Macedon VIC 3440

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Land area: 163447m2
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Property Details for 198 Forbes Rd, Macedon

Building Type
Rural
Land Size
163447m2
Local Government
Macedon Ranges
Lot/Plan
1/TP841462

Last Listing description (January 2024)

Step into your exclusive 40-acre (approx.) haven, a hidden gem just an 8-minute drive from Macedon. This remarkable property not only cradles you in the lap of seclusion but also seamlessly merges the serenity of nature with the practicality of contemporary living.

Embrace the enchantment of this estate, where three expansive tanks generously supply water, tracks encircle the property and a soothing seasonal creek meanders through the heart of the land. It's an oasis that beckons the discerning seeker of tranquility.

Safety and opulence take center stage, featuring fire-safe elements, a comprehensive alarm system, and the embrace of split system and combustion heating for an all-encompassing cocoon of comfort. Timber flooring exudes timeless charm in the various living areas and study mud room, while ceiling fans and an induction cooktop infuse the space and functionality.

Unwind on the sweeping wrap-around verandah, immersing yourself in the peace of the surroundings, made all the more delightful by the low-maintenance galvanized railing and stylish colorbond cladding. This haven of bliss is further enhanced by the convenience of mains power, two modern bathrooms and the versatility of multiple sheds catering to your storage desires.

Seize the chance to revel in the symphony of nature and luxury at this matchless estate.

Your invitation awaitsschedule a viewing today and let this serene retreat become your own private paradise.

Property History for 198 Forbes Rd, Macedon, VIC 3440

A timeline of how this property has performed in the market
Last Sold
$965,000
12 Jan 2024
  • 12 Jan 2024
    Sold for $965,000
  • 19 Oct 2023
    Listed for Sale Under Offer
  • 23 Oct 2004
    Sold for $163,000
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About Macedon 3440

The size of Macedon is approximately 39.2 square kilometres. It has 9 parks covering nearly 6.3% of total area. The population of Macedon in 2016 was 2040 people. By 2021 the population was 2073 showing a population growth of 1.6% in the area during that time. The predominant age group in Macedon is 40-49 years. Households in Macedon are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Macedon work in a professional occupation.In 2021, 88.70% of the homes in Macedon were owner-occupied compared with 85.70% in 2016.

Macedon has 894 properties. Over the last 5 years, Houses in Macedon have seen a 5.77% increase in median value, while Units have seen a 20.03% increase. As at 30 November 2025:

  • The median value for Houses in Macedon is $1,046,439 while the median value for Units is $798,377.
  • Houses have a median rent of $595.
There are currently 8 properties listed for sale, and 3 properties listed for rent in Macedon on OnTheHouse. According to Cotality's data, 25 properties were sold in the past 12 months in Macedon.

Suburb Insights for Macedon 3440

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.