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All About Lancefield, Macedon Ranges, VIC, 3435

Lancefield, situated within the Macedon Ranges in Victoria, presents an intriguing prospect in the housing market, characterized by a blend of historical charm and contemporary development. The housing market in Lancefield has witnessed steady growth, reflective of the broader trends seen within the Macedon Ranges region. This growth is fueled by the area's appeal to both first-time homebuyers and those seeking a tranquil retreat from the bustling urban centers. The town offers a diverse range of properties, from heritage-style homes exuding old-world charm to modern architectural designs that cater to more contemporary tastes. The relatively lower median house prices compared to Melbourne make Lancefield an attractive destination for those looking to invest in real estate or settle down in a serene environment.

Living in Lancefield offers a unique rural lifestyle balanced with convenient access to essential amenities. Known for its vibrant community and rich history, the town exudes a welcoming atmosphere, underscored by its bustling farmers' markets, local wineries, and stunning natural scenery. Residents enjoy a slower pace of life, with opportunities for outdoor activities like hiking and cycling in the nearby ranges, fostering a strong connection to nature. Additionally, the local schools and community events create a family-friendly environment ideal for raising children. Despite its peaceful setting, Lancefield is conveniently located within an hour's drive to the Melbourne CBD, allowing residents to maintain a connection to the city for work or leisure. This accessibility, combined with the town's charming character and close-knit community, makes Lancefield a desirable place to live for those looking for a blend of rural and urban living.

Household Makeup

Median Weekly Rent $358.33
Median Monthly Mortgage $1656.00
Median Persons Per bed houseroom 0.80
Average Household Size 2.67
Average Age 41.67
Average Income $745.00
Average Cars Per Dwelling 2.09
Average Properties Within 50M 5
Typical 1 bed house$667,000
Typical 2 bed house$684,000
Typical 3 bed house$966,000
Typical 4 bed house$1,216,000
Typical 5 bed house$1,557,000
Typical 6 bed+ house$1,455,000

Housing Stock

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Lancefield Real Estate Market Outlook

Thinking about buying in Lancefield? Now could not be a better time, with 1711 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $972,000 with prices in this suburb ranging from $295,000 to $3,281,000. The aproximate distance to the coast is 56 Km.

Consistent high demand relative to supply is a key feature in Lancefield driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Lancefield are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Lancefield provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Lancefield necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. With very low industrial sector presence in Lancefield the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

Instant Property Valuation

Houses for sale Lancefield

Woodards 39 Park Lane, Lancefield, VIC, 3435 Beds4 Bathrooms2 Parking 6 $750,000 - $790,000
Properties for sale in Lancefield

Local Schools

St Mary's School

Lancefield Primary School

(While the above schools are located with the suburb of Lancefield there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Lancefield weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan1.612.626.337.492.86.625.2
Feb1.512.925.441.993.86.320.9
Mar1.811.521.949.094.46.116.5
Apr1.79.417.657.094.25.912.1
May2.06.812.968.996.26.48.8
Jun2.55.010.178.998.46.47.3
Jul2.24.29.480.298.77.07.4
Aug2.24.210.571.098.16.810.2
Sept2.45.913.661.595.56.814.8
Oct2.07.316.956.695.36.719.1
Nov2.49.220.449.296.16.222.6
Dec1.611.023.841.194.76.326.0

source: Australian Government Bureau of Meteorology



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General Points of Interest


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