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VIC › Lucknow › Princes Hwy

103A Princes Hwy, Lucknow VIC 3875

House

$285,000

Last sold

16 Mar 2026

3

Bedrooms

1

Bathrooms

2

Car spaces

416 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $285,000 (16 Mar 2026).(Recorded sale)
  • FactLand 416 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Lucknow (last 5 years) with land size: median $799/m² of land (n=35). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned TRANSPORT ZONE 2 - PRINCIPAL ROAD NETWORK (TRZ2) under the ZN.(Vicmap Planning · 31 Aug 2026)

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

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.

See the full Lucknow report →

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 and development

Planning scheme

ZN

Zone

TRANSPORT ZONE 2 - PRINCIPAL ROAD NETWORK

TRZ2

Jurisdiction

East Gippsland

East Gippsland, VIC

Planning overlays

  • environmentalNot detected

Development activity

Data unavailable

Source

  • Provider: Vicmap Planning
  • Dataset: PLAN_ZONE
  • Retrieved: 31 Aug 2026
  • Version: 1
  • Parcel: 439554371

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$285,00016 Mar 2026
  2. Listedprice unknowncompleted26 Jan 2024
  3. Listedprice unknowncompleted26 Jan 2024
  4. Listedprice unknowncompleted26 Jan 2024

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Confidence: medium

Zoned 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Knownmedium

    Zoned 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

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Knownmedium

    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

    Unknown

    Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    No DA adapter returned applications for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Lucknow in one glance

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.

See the full Lucknow report →

Keep researching

  • Why Lucknow? Read the area thesis →
  • What else is on the market in Lucknow →
  • Other records on Princes Hwy →

Listing material

Listed by Coast to Country Real Estate

Affordable Three Bedroom Home - Tenanted @ $380 per week

This 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.

Read the full description

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.

Property features

  • Broadband
  • Living Areas: 1
  • Outdoor Entertaining
  • Secure Parking
  • Shed
  • Toilets: 1
  • Workshop
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.