Lucknow at a glance
1,753
People
$550,000
Median sale
$479/wk
Median rent
4.53%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
VIC › Lucknow › Princes Hwy
$285,000
Last sold
16 Mar 2026
3
Bedrooms
1
Bathrooms
2
Car spaces
416 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
$285,000
16 Mar 2026 · derived via latest_sale
Local land rate: recorded House sales in Lucknow (last 5 years) with land size have a median of $799/m² of land (n=35). Districts calculation from recorded sales — not a valuation.
Lucknow at a glance
1,753
People
$550,000
Median sale
$479/wk
Median rent
4.53%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
Vs Lucknow
-48.2%
Median sale
Suburb $550,000
+4.21 pp
Gross yield
Suburb 4.53%
Suburb median $550,000 from 23 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
TRANSPORT ZONE 2 - PRINCIPAL ROAD NETWORK
TRZ2
Jurisdiction
East Gippsland
East Gippsland, 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 TRANSPORT ZONE 2 - PRINCIPAL ROAD NETWORK · TRZ2 (ZN). Official parcel area about 416 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 $479/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 TRANSPORT ZONE 2 - PRINCIPAL ROAD NETWORK · TRZ2 (ZN). Official parcel area about 416 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?
KnownmediumNo 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
Lucknow at a glance
1,753
People
$550,000
Median sale
$479/wk
Median rent
4.53%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Coast to Country Real EstateThis three-bedroom gem in Lucknow would be a great entry into the property market or even a first rental property for a savvy investor. The home sits on predominantly concrete stumps at the front of the home transitioning to a concrete slab at the rear providing an excellent base for further renovation or improvement. At the entry to the home is a large lounge, the centrepiece being the inbuilt slow combustion wood heater which keeps the home warm during the cooler months whilst a split system reverse cycle air conditioner handles the cooling in the summer months. The master bedroom is located at the front of the home off the lounge and is fitted with a ceiling fan.
The kitchen is the at the centre of the home and has excellent bench space, a pantry and room for a dining table. The second bedroom is located off the kitchen and is carpeted. To the rear of the home, a rear entry way doubles as a laundry. The generous third bedroom, a family bathroom and separate toilet are accessed from here. The low maintenance block of 416 m2 has plenty of off-street parking with a single garage and a carport for undercover storage. A small north-facing veranda at the rear of the home is a great place to enjoy a morning coffee or a cool drink in the evening. There is also an inbuilt storage cupboard under the rear veranda, accessible from outside. NBN (via Fibre to the Node) is connected and mains gas is already on the property, whilst there is excellent Telstra 5G reception.
The home is also conveniently located close to almost everything Bairnsdale and Lucknow have to offer. The Lucknow Recreation Reserve is only a short stroll where you can enjoy a kick of the footy on the oval, a run on the recently laid netball courts or watch a game of footy or netball. Club Eastwood is only a short walk for a meal with friends, a flutter on the pokies or a quiet drink after work, whilst the Bairnsdale CBD is within easy walking distance. Howitt Park is only a short stroll where the Farmers Market and Howitt Park Market are each held once a month. Both the Eastwood and the Mitchell River walking track networks are close by, as is the East Gippsland Rail Trail which runs for around ninety kilometres through to Orbost. The United Service Station and the Exchange takeaway are only a drop punt away for all those essentials, a takeaway meal or a morning coffee.
Like adventure? It's only a short drive to the Victorian High Country, perfect for those that like to explore further afield. The Victorian snowfields are around two and a half hours' drive via the beautiful Tambo Valley. For the for the fishos, the fishing options are endless in this part of Victoria including the Gippsland Lakes system, accessible by boat from the Howitt Park boat ramp, only a short drive.
Don't miss your opportunity to get into the property market at an affordable price. Alternatively, with an excellent tenant in place until May 2026 at $380 per week, invest and take advantage of an excellent gross rental return of approximately 6.7%! Please view our Virtual Tour online and call Richard Ivey on 0401 113 310 to arrange your private inspection.
Please Note : The home offered for sale is 103A Princes Highway, Lucknow (approx. 416 m2). There is an additional block to the rear of the home (103B) with separate access to the side of the shed that is not included in the sale. This is demonstrated in the overhead drone photo in the listing.
Listing description written by Richard Ivey, Coast to Country Real Estate — reproduced as published, not verified by Districts.