Pearcedale at a glance
4,041
People
$1,295,000
Median sale
$566/wk
Median rent
2.27%
Suburb gross yield
Median sale from 21 recorded sales (last 12 months) — a Districts calculation.
VIC › Pearcedale › Baxter Tooradin Rd
6
Bedrooms
3
Bathrooms
5
Car spaces
205,500 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
No recorded sale price for this property yet.
Local land rate: recorded Rural Property sales in Pearcedale (last 5 years) with land size have a median of $67/m² of land (n=21). Districts calculation from recorded sales — not a valuation.
Pearcedale at a glance
4,041
People
$1,295,000
Median sale
$566/wk
Median rent
2.27%
Suburb gross yield
Median sale from 21 recorded sales (last 12 months) — a Districts calculation.
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 $566/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
Pearcedale at a glance
4,041
People
$1,295,000
Median sale
$566/wk
Median rent
2.27%
Suburb gross yield
Median sale from 21 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Vatos Property GroupNestled just outside the popular and growing town of Pearcedale you'll find Genevra Park, a 50.78 acres/20.55ha (approx.) equestrian pursuit. Currently operating as an agistment business with 40 horses residing on the property, there is an opportunity to expand and increase the income by the new owner or, utilise the 1400m sand track and other infrastructure to operate a horse training facility with the added benefit of close proximity to the Cranbourne Racecourse. The property is well fenced with town water and currently has 27 paddocks with loose boxes and some additional large paddocks for retired and other horses, with additional land for further expansion. Other infrastructure includes a 20m x 60m floodlit all weather arena plus two round yards and other amenities such as undercover tie up area, six sand yards with shelters, two wash bays, extensive shedding for tack and feed, and a float parking area.
The property has a second driveway and entrance allowing commercial pursuits to be separate from your home. Two small dams and two existing concrete slabs laid for the construction of shedding, one measuring approx. 50 metres x 13 metres and a second measuring approx. 13 metres x 6 metres also provide possibilities in support of a business, for the new owner.
The home will accommodate a large family offering five huge bedrooms with a beautifully renovated ensuite off the main and two additional renovated bathrooms. Two big living areas and a separate office/study with its own access to run a business from, is also a feature. The kitchen offers the new owner a chance to put their own stamp on it by way of an update but there is still plenty of room to spread out. Outside, there is undercover parking for five cars under the large roofline, which also has the potential to be converted and incorporated as part of the home. An array of shedding exists across the property including two large locked sheds adjacent to the house which together could accommodate a workshop, tractors, a horse float, a boat or any other required equipment you have to fill it.
Genevra Park is well connected to the Melbourne CBD by motor vehicle via the A780 or the M11 Peninsula Link and there is access to public transport from the Pearcedale township. The property is easily accessed from a major road with the main road providing ideal frontage for any business or commercial exposure, and easy access for future development.
Genevra Park presents the lifestyle or commercial opportunity you have been looking for with a large landholding, close to the popular Pearcedale township and at the gateway to the stunning Mornington Peninsula. As the new owner of Generva Park you have the option to continue a horse agistment business, easily pivot to another equestrian related pursuit, or utilise the land for other agricultural or commercial enterprises which may include market gardening due to the sandy loam soils and good rainfall, flower growing, animal husbandry, or tourism related opportunities, to name a few, whilst also land banking the property for any future potential.
We encourage any and all offers prior to the auction process, so explore this incredible opportunity and view this property today.
Listing description written by Craig Mann, Vatos Property Group — reproduced as published, not verified by Districts.