954 Mount Macedon Road, Mount Macedon, VIC 3441 | Property Value & History | OnTheHouse
OFF MARKET

954 Mount Macedon Road
Mount Macedon VIC 3441

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 4000m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 27 Apr 2026
Low

High
Save

Property Details for 954 Mount Macedon Rd, Mount Macedon

954 Mount Macedon Rd, Mount Macedon is a 0 bedroom, 0 bathroom House. The property has a land size of 4000m2.

Building Type
House
Land Size
4000m2
Local Government
Macedon Ranges

Last Listing description (November 2025)

Why we like the property (agent perspective)

It's not every day you find a generous acre of land ready for development. The approval from the council for dwelling construction is a significant milestone, making it an enticing prospect for buyers looking to build their dream home or invest in property.
Situated prominently on Mount Macedon Road, the property offers convenient access to nearby amenities such as The Mount Pub, The Trading Post Caf/Foodstore, and excellent local schools like Mount Macedon Primary School, Macedon Primary School, and Braemar College. Additionally, its proximity to bus routes servicing secondary schools expands its appeal to young families.

Nestled high on Mount Macedon, the property promises breathtaking natural beauty, providing a serene environment for residents to enjoy. Despite its tranquil setting, it maintains accessibility to Melbourne, ensuring a seamless commute within an hour.

What the property offers (property perspective)

Whether buyers are looking to establish a permanent residence, a weekend getaway, or capitalize on the booming short-term rental market through Airbnb, this property accommodates various purposes. Its flexibility caters to a diverse range of buyer preferences and investment strategies.
The arduous task of obtaining a planning permit has already been completed by the current owners, saving prospective buyers valuable time and effort. With this crucial step accomplished, purchasers can expedite the building process, allowing them to realize their vision sooner.
In summary, this property combines rarity, convenience, and opportunity, making it an attractive prospect for buyers seeking to create their ideal living space or capitalize on its potential for rental income. With its prime location, scenic surroundings, and simplified development process, it represents a compelling investment opportunity in the vibrant community of Mount Macedon.

SOLD by Paul Bohan 0413594224

Property History for 954 Mount Macedon Rd, Mount Macedon, VIC 3441

A timeline of how this property has performed in the market
  • 26 Feb 2024
    Listed for Sale $450,000-$495,000
  • 11 May 2015
    Listed for Sale $399,950
  • 02 Mar 2013
    Listed for Sale $474,000
Sign in to see more transactions
Commute Calculator

About Mount Macedon 3441

The size of Mount Macedon is approximately 34.6 square kilometres. It has 4 parks covering nearly 48.4% of total area. The population of Mount Macedon in 2016 was 1335 people. By 2021 the population was 1450 showing a population growth of 8.6% in the area during that time. The predominant age group in Mount Macedon is 50-59 years. Households in Mount Macedon are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Mount Macedon work in a professional occupation.In 2021, 88.90% of the homes in Mount Macedon were owner-occupied compared with 87.50% in 2016.

Mount Macedon has 758 properties. Over the last 5 years, Houses in Mount Macedon have seen a -2.90% decrease in median value, while Units have seen a 23.72% increase. As at 31 March 2026:

  • The median value for Houses in Mount Macedon is $1,255,906 while the median value for Units is $812,992.
  • Houses have a median rent of $1,200.
There are currently 22 properties listed for sale, and 1 property listed for rent in Mount macedon on OnTheHouse. According to Cotality's data, 27 properties were sold in the past 12 months in Mount macedon.

Suburb Insights for Mount Macedon 3441

Market Insights
Mount Macedon Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Mount Macedon Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.