Cobblebank at a glance
5,549
People
$648,500
Median sale
$493/wk
Median rent
3.95%
Suburb gross yield
Median sale from 82 recorded sales (last 12 months) — a Districts calculation.
VIC › Cobblebank › Augusta Way
$615,000
Last sold
13 Feb 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
398 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$615,000
13 Feb 2024 · derived via latest_sale
Local land rate: recorded House sales in Cobblebank (last 5 years) with land size have a median of $1,613/m² of land (n=143). Districts calculation from recorded sales — not a valuation.
Cobblebank at a glance
5,549
People
$648,500
Median sale
$493/wk
Median rent
3.95%
Suburb gross yield
Median sale from 82 recorded sales (last 12 months) — a Districts calculation.
Vs Cobblebank
-5.2%
Median sale
Suburb $648,500
+0.22 pp
Gross yield
Suburb 3.95%
Suburb median $648,500 from 82 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $493/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Cobblebank at a glance
5,549
People
$648,500
Median sale
$493/wk
Median rent
3.95%
Suburb gross yield
Median sale from 82 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Fletchers MeltonFletchers Real Estate Melton is proud to present this beautiful house in Cobblebank. Step into a world of modern luxury and exceptional living with this remarkable 4-bedroom residence, ideally located near Cobblebank Station, Cobblebank Village, and the eagerly anticipated Melton Hospital. Set on an expansive 398 sq m approx. parcel of land, this home embodies contemporary sophistication, practicality, and unmatched convenience.
Cross the threshold and you'll be greeted by a graceful and welcoming ambiance. The open-plan design seamlessly connects the living, dining, and kitchen areas, offering a perfect space for hosting guests or creating cherished memories with your family. The capacious kitchen takes center stage, showcasing top-of-the-line appliances, abundant storage, and a sleek, modern design that will satisfy even the most discerning culinary enthusiasts.
With four generously proportioned bedrooms, this home provides ample space for a growing family or visiting guests. Each bedroom is thoughtfully laid out and meticulously finished to ensure comfort and privacy. The two well-appointed bathrooms add a touch of opulence to your daily routine, featuring contemporary fixtures and upscale finishes.
The outdoor area is where this property truly shines. The generous land size allows for a beautifully landscaped yard, creating a serene oasis for relaxation and outdoor activities. Whether you're hosting lively barbecues, tending to your garden, or simply savoring the fresh air, this backyard offers boundless opportunities.
An outstanding feature of this property is its prime location. With Cobblebank Station in close proximity, commuting to work or exploring Melbourne's vibrant city center becomes effortlessly convenient. Cobblebank Village's immediate accessibility ensures that shopping, dining, and entertainment options are right at your doorstep, making everyday conveniences within easy reach. The forthcoming Melton Hospital underscores the region's potential for growth, promising top-tier healthcare facilities for residents.
In summary, this opulent 4-bedroom home represents a rare opportunity for those in search of a modern, upgraded dwelling in a highly sought-after location. With its expansive layout, exceptional kitchen, and convenient access to essential amenities, this property stands as a true standout. Don't let this chance slip away; make this house your dream home and experience a lifestyle that harmoniously combines luxury, comfort, and convenience. Contact us now to arrange a viewing and explore all that this property has to offer.
Terms: 10% deposit, balance 30/45/60/90/120 days
Listing description written by Rushi Vagdhan, Fletchers Melton — reproduced as published, not verified by Districts.