1 Edward Street, Macleod, Vic 3085

Auction $750,000 - $800,000

House
Type
2
Bedrooms
1
Bathrooms
2
Parkings
566 m²
Area

Last updated on Wednesday, September 16, 2026 ( See property details for 1 Edward Street, Macleod, Vic 3085)

Auction $750,000 - $800,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile brick home on a spacious corner block in Macleod, offering excellent potential for renovation, extension, or future development in a highly connected location.

🏡 Property Highlights

  • Generous corner allotment of approximately 566m² offering development potential
  • Practical single-level brick residence with polished timber floors
  • Excellent location between Macleod and Watsonia with easy access to amenities
  • Close to shopping villages, cafés, eateries, and train stations
  • Opportunity for renovation, extension, or future development (STCA)
  • Proximity to local schools, parklands, and sporting facilities

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Garage
  • Outdoor Area
  • Water tank
  • Floorboards
  • Secure Parking
  • Fully fenced
  • Home Office / Study
  • Waterfront / Views
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1 Edward Street
Macleod, VIC 3085
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Vertical aerial view — 1 Edward Street
1 Edward Street — Vertical Aerial  •  Macleod, VIC 3085  •  Nearmap © 2026

Macleod is a vibrant suburb known for its convenient access to shopping, dining, and transport options. It offers a family-friendly environment with parks, schools, and sporting facilities. The upcoming North East Link promises improved connectivity and reduced traffic, enhancing the area's appeal. The community benefits from a mix of established homes and development opportunities, making it ideal for investors and families alike. Its strategic location between Macleod and Watsonia ensures easy access to Melbourne’s broader transport network.

What are the potential uses for the large corner allotment?
The generous corner block offers scope for renovation, extension, rebuilding, or future development (STCA), providing flexibility for various projects.
How will the North East Link impact the area?
The North East Link, scheduled to open in 2028, is expected to improve connectivity, reduce local traffic, and enhance access between Melbourne's northern and eastern suburbs, increasing the area's long-term value.
Is the property suitable for first-home buyers or investors?
Yes, the property is ideal for first-home buyers seeking a comfortable single-level home, as well as investors looking for a property with future development potential.
What are the key features of the house?
The house features polished timber floors, a practical layout with two bedrooms, a central bathroom, separate living and meals areas, and a functional kitchen.
Are there any restrictions or approvals needed for future development?
Future development would be subject to council approval and planning regulations (STCA). It is recommended to consult with local authorities for specific requirements.
Are there any easements, covenants, or zoning restrictions affecting the property? What are the potential costs associated with renovations or extensions? Are there any existing or past issues with the property's structure or foundation? Is there any history of flooding or bushfire risk in the area? Are there any upcoming planning or development proposals nearby that could impact the property’s value or enjoyment?

1 Edward Street, Macleod, Vic 3085 - More Details

Auction $750,000 - $800,000

Positioned on a generous corner allotment of approximately 566m², this comfortable brick residence presents an exciting opportunity for first-home buyers, investors, renovators and those looking to unlock the potential of a well-located Macleod property.

Offering a practical single-level layout, the home features two bedrooms, a central bathroom, separate living and meals areas and a functional kitchen. Polished timber floors add warmth and character throughout. A double garage completes the package, with the size and corner position of the allotment providing plenty of scope to renovate, extend, rebuild or explore future development possibilities (STCA).

The location adds significantly to the appeal, positioned conveniently between Macleod and Watsonia with easy access to both shopping villages, cafés, eateries and train stations, along with local schools, parklands, sporting facilities and public transport.

Importantly, buyers also have the opportunity to look beyond the current North East Link construction and towards the significant long-term benefits the completed project is expected to bring to Melbourne's north-east. Scheduled to open in 2028, North East Link will complete the missing freeway connection between the M80 Ring Road and Eastern Freeway, with the project expected to remove up to 15,000 trucks from local roads and reduce travel times by up to 35 minutes across the corridor. For local residents, this represents the prospect of improved connectivity across Melbourne, reduced through-traffic on surrounding local roads and easier access between the northern and eastern suburbs.

Whether you're looking to move straight in, renovate and add value, secure an investment or capitalise on the possibilities offered by the substantial corner allotment, 1 Edward Street is a property where position, potential and the future of the surrounding area come together. An increasingly connected Macleod location with plenty of upside - this is an opportunity well worth exploring.
Type
House
Bedrooms
2
Bathrooms
1
Parkings
2
Area
566 m²

Price guide

View Statement Of Information

in compliance with Estate Agents Act 1980

Inspections times

  • Inspection Sat 19 Sep 10:00 am

    Saturday 19 September
    10:00 am - 10:30 am
  • Inspection Wed 23 Sep 4:00 pm

    Wednesday 23 September
    4:00 pm - 4:30 pm
  • Inspection Fri 25 Sep 10:00 am

    Friday 25 September
    10:00 am - 10:30 am

Auctions

  • 1 Edward Street, Macleod, Vic 3085

    Saturday 10 October
    10:30 am
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