Lucas at a glance
4,661
People
$646,000
Median sale
$512/wk
Median rent
4.12%
Suburb gross yield
Median sale from 111 recorded sales (last 12 months) — a Districts calculation.
VIC › Lucas › Gribble St
$700,000
Last sold
11 Apr 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
512 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
$700,000
11 Apr 2024 · derived via latest_sale
Local land rate: recorded House sales in Lucas (last 5 years) with land size have a median of $1,377/m² of land (n=130). Districts calculation from recorded sales — not a valuation.
Lucas at a glance
4,661
People
$646,000
Median sale
$512/wk
Median rent
4.12%
Suburb gross yield
Median sale from 111 recorded sales (last 12 months) — a Districts calculation.
Vs Lucas
+8.4%
Median sale
Suburb $646,000
-0.32 pp
Gross yield
Suburb 4.12%
Suburb median $646,000 from 111 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 $512/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
Lucas at a glance
4,661
People
$646,000
Median sale
$512/wk
Median rent
4.12%
Suburb gross yield
Median sale from 111 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Buxton BallaratThis beautiful, high end family home is set close by to the wonderful Central Park & playground facilities, walking and cycling trails and in the highly sought-after Ballarat High School zone and primary schools. This amazing home is sure to impress and simply stunning, from front to back, inside and out - this home needs to be seen to be believed!
Meticulous attention to detail has been poured into every facet of this home, from the beautiful Oak look flooring to the carefully selected colour palettes and top-of-the-line appliances. As you step inside, you'll be greeted by an inviting entrance that flows seamlessly into an open-plan kitchen, dining, and living area. The kitchen itself is a chef's dream, boasting a 900mm gas stove top, separate oven, elegant stone bench tops, a double sink, and an expansive walk-in pantry.
There is a separate study perfect to accommodate those working from home. Those who value family time will be enamoured by the large theatre room to the rear of the house, ensuring you can immerse yourself in cosy family movie nights.
Indulge in the grandeur of the master bedroom, offering an abundance of space, a walk-in robe, and a breathtaking ensuite with an oversized shower, double vanity, large bath, and separate toilet. The home also comprises three additional queen size bedrooms, two of which feature walk-in robes, while the third is equipped with a built-in robe. Adjacent to these rooms is the powder room and family bathroom, featuring an oversized shower, vanity, bath, and separate toilet.
Open the sliding doors of the dining area to reveal a spacious and impressive alfresco area, perfect for entertaining and creating cherished memories with family and friends. Notable features of this remarkable home include gas central heating, split system cooling, and a double remote control lock-up garage. The impeccable landscaping in both the front and rear yards adds a touch of elegance and complements the overall beauty of the property.
Opportunities to own a home of this exceptional quality, class, and calibre are fleeting, so don't hesitate—contact us now to schedule your exclusive private inspection. Prepare to be enchanted by this unparalleled residence that promises to elevate your family living experience to new heights.
Listing description written by Peter Burley, Buxton Ballarat — reproduced as published, not verified by Districts.