OFF MARKET

290 Norton Road
Macedon VIC 3440

Bedrooms: 3
Bathrooms: 2
Car spaces: 3
Land area: 234967m2
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Property Details for 290 Norton Rd, Macedon

290 Norton Rd, Macedon is a 3 bedroom, 2 bathroom House with 3 parking spaces. The property has a land size of 234967m2.

Building Type
House
Land Size
234967m2
Local Government
Macedon Ranges
Lot/Plan
3/PS320972

Last Listing description (June 2023)

Develop Connect is pleased to present to the market this sprawling estate atop just under 24 hectares (approx) of prime land.

Positioned in a quiet corner of Macedon, this extensive offering features two existing properties including a 3-Bedroom, double-story country home as well as a 3-bedroom + study Guesthouse.


The lightly cleared land offers a range of options to both occupiers and investors, with horse owners sure to appreciate the existing paddocks and abundance of open land for trail-riding and grazing.

Savvy investors will appreciate a number of potential commercial uses including Horse Agistment and a wide range of Eco-Retreat options.

Families will appreciate the close proximity to Macedon Town Centre with a range of amenities including IGA, Theatres, and a range of Cafes and Restaurants.

For access to the city and surrounding areas, the property is only a few mins drive from the M79 exit, and 2 mins drive to the V-line Macedon Train Station.

Additional features include:
- Access to Town Water
- 2 Water Dams
- 2 Large water tanks
- 5 additional sheds for storage of earthmoving equipment e.g Tractor and trailer
- Close proximity to main gas and sewer connections

This opportunity will not last long, please contact Robert on 0450 263 477 for further information or to book an inspection.

(Please note any enquiries that don't include a valid contact number and email address will not be responded to)

Property History for 290 Norton Rd, Macedon, VIC 3440

A timeline of how this property has performed in the market
  • 02 May 2022
    Listed for Sale $2,650,000 to $2,900,000

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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 2011 was 1,864 people. By 2016 the population was 2,038 showing a population growth of 9.3% 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 2011, 87% of the homes in Macedon were owner-occupied compared with 85.7% in 2016.

Macedon has 892 properties. Over the last 5 years, Houses in Macedon have seen a 27.05% increase in median value, while Units have seen a 20.03% increase. As at 31 December 2024:

  • The median value for Houses in Macedon is $996,503 while the median value for Units is $1,075,260.
  • Houses have a median rent of $625.
There are currently 9 properties listed for sale, and no properties listed for rent in Macedon on OnTheHouse. According to CoreLogic's data, 27 properties were sold in the past 12 months in Macedon.

Suburb Insights for Macedon 3440

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.