Allansford at a glance
1,548
People
$525,000
Median sale
$268/wk
Median rent
2.65%
Suburb gross yield
Median sale from 7 recorded sales (last 24 months) — a Districts calculation.
VIC › Allansford › Drylakes Rd
$670,000
Last sold
10 Sept 2025
3
Bedrooms
1
Bathrooms
2
Car spaces
27,300 m²
Land
Districts View
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
$670,000
10 Sept 2025 · derived via latest_sale
Allansford at a glance
1,548
People
$525,000
Median sale
$268/wk
Median rent
2.65%
Suburb gross yield
Median sale from 7 recorded sales (last 24 months) — a Districts calculation.
Vs Allansford
+27.6%
Median sale
Suburb $525,000
-0.57 pp
Gross yield
Suburb 2.65%
Suburb median $525,000 from 7 recorded sales (last 24 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
RURAL LIVING ZONE - SCHEDULE 1
RLZ1
Jurisdiction
Warrnambool
Warrnambool, VIC
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
VICZoned RURAL LIVING ZONE - SCHEDULE 1 · RLZ1 (ZN). Official parcel area about 27,329 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $268/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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned RURAL LIVING ZONE - SCHEDULE 1 · RLZ1 (ZN). Official parcel area about 27,329 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
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?
KnownmediumOfficial parcel about 27,329 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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
Allansford at a glance
1,548
People
$525,000
Median sale
$268/wk
Median rent
2.65%
Suburb gross yield
Median sale from 7 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by Gleeson Real Estate**Expression of Interest close by 18th September 5pm if not sold prior**
This property offers the fresh air and freedom of nearly seven acres, while being just minutes from Warrnambool’s shops, schools, and services.
Set on 6.8 acres and zoned Rural Living, this property offers flexibility and the exciting opportunity for subdivision (STCA). It’s ideal for tradespeople, hobby farmers, or animal lovers. Anyone wanting to enjoy some space now while unlocking future potential.
The land includes multiple animal shelters, perfectly suited for smaller stock or pets. With room to expand and improve, it’s a great base for your country lifestyle.
The home itself is move-in ready and offers plenty of scope to renovate and add value over time. Inside you’ll find three bedrooms plus a study, a central bathroom with separate toilet, and a functional kitchen. It’s liveable as it is, giving you the flexibility to make improvements as you go. Heating includes a homely wood fire.
The property also has a two-bay garage, established trees and the power is already connected. The property is self-sufficient with domestic bore water, tank water and septic system.
If you’ve been searching for affordable land close to town, with room for animals and projects plus subdivision potential, 10 Dry Lakes Road is an opportunity not to be missed.
Listing description written by Jeremy Gleeson, Gleeson Real Estate — reproduced as published, not verified by Districts.