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21 Macleod Parade, Macleod$1.20m
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21 Macleod Parade

Macleod, VIC 3085, Australia
$1.20m
6 bed 2 bath 2 car983 m²

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About this property

A rare Macleod opportunity offering immediate rental income, future development potential and a substantial landholding of approx. 983sqm. Great block of approx. 983sqm Huge 20m frontage No easements on the block Mainly selling for land value Ideal multi-unit development site, subject to council approval Existing 1950s front home with 3 bedrooms and 1 bathroom, currently leased Separate 1 bedroom bungalow Renovated 2 bedroom, 1 bathroom villa at the rear of the block Potential to generate income while preparing plans and permits Option to keep as is and rent each residence separately Close to Macleod Village shops, cafes and local services Easy access to Macleod Station and public transport Near Macleod Park, parklands and sporting facilities Close to local schools, including Macleod College Convenient access to La Trobe University, Austin & Mercy Hospitals and surrounding lifestyle amenities A flexible property with land, frontage, income and future upside in a highly convenient Macleod location. Bill Schlink First National has taken every precaution to ensure the information contained herein is true and accurate, however, accepts no responsibility and disclaims all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
6
Bathrooms
2
Parking
2
Land Area
983 m²
Listed
2 weeks ago

Repayment calculator

$5,818/month
$2,909 /fortnight
Loan $960,000 at 6.10% over 30 years

Upfront costs

Deposit$240,000
Stamp duty$66,000
Conveyancing (est.)$2,000
Total upfront$308,000
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Macleod

This 6-bedroom house in Macleod, VIC 3085 sits within reach of public transport, local shops and nearby schools. It is listed 26% above the $949,500 median of 53 comparable houseswithin 5 km.

Schools near Macleod

  • Ivanhoe Grammar School - University Campuscombined
  • Macleod Collegecombined · Prep-12 · CoEd

What's nearby

  • Charles La Trobe P-12 College/Waiora Road (bus)335 m away
  • IGA Xpress510 m away
  • John McRobbie Reserve130 m away
  • Victoria Cross Reserve North367 m away
  • Unnamed519 m away

Macleod at a glance

Full suburb profile
Population
9,892
Median age
41
Household income
$1,966/wk
Median rent
$396/wk
Median mortgage
$2,296/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Macleod price trend

Median sold · House 3 bed

Compound growth -1.6% / yr over 4 yrs

$1.01mcurrent median

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Price history

Price history

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1 price change recorded for this property

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Within 5km

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