Thomson at a glance
1,578
People
$578,000
Median sale
$472/wk
Median rent
4.25%
Suburb gross yield
Median sale from 12 recorded sales (last 24 months) — a Districts calculation.
VIC › Thomson › Breakwater Rd
$675,000
Last sold
16 Aug 2021
2
Bedrooms
1
Bathrooms
2
Car spaces
720.95 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
$675,000
16 Aug 2021 · derived via latest_sale
Local land rate: recorded House sales in Thomson (last 5 years) with land size have a median of $1,002/m² of land (n=31). Districts calculation from recorded sales — not a valuation.
Thomson at a glance
1,578
People
$578,000
Median sale
$472/wk
Median rent
4.25%
Suburb gross yield
Median sale from 12 recorded sales (last 24 months) — a Districts calculation.
Vs Thomson
+16.8%
Median sale
Suburb $578,000
-0.61 pp
Gross yield
Suburb 4.25%
Suburb median $578,000 from 12 recorded sales (last 24 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 $472/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
Thomson at a glance
1,578
People
$578,000
Median sale
$472/wk
Median rent
4.25%
Suburb gross yield
Median sale from 12 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by Roncon Real EstateTo inspect this property you MUST contact the agent & register to attend the inspection. All inspections are capped to a maximum of 10 people through the property at the one time.
Agent on site from 11:30am-12:00pm Saturday 14th of August.
A Dream Development Opportunity (STCA)!
Occupying an impressive 721m2 (approximately) and located on the cusp of the vibrant East Geelong, this property presents buyers with a world of opportunities! The original home currently brings in a rental return, while council-approved plans for two townhouses promise to fast-track the development process!
The current owners have invested over $25,000 on council-approved plans including engineered drawings, planning drawings and architectural drawings, you can rest assured knowing that all bases have been covered. Each townhouse has been thoughtfully designed, with the living zone and courtyard capturing the northern light. Three bedrooms (master with en suite) and a double garage complete each townhouse.
The plans can be altered; there is enough land / space on this site to do a 3 lot subdivision.
Currently, the property is home to a brick residence that exudes original character with high ceilings and decorative plasterwork. The living room flows into the dining room, while the kitchen features an oven/electric cooktop. Two bedrooms with built-in robes are serviced by the bathroom, while the laundry and separate toilet complete the layout. A gas wall heater provides comfort. The covered front porch soaks up the afternoon sunshine, while the expansive backyard is home to two single garages with an adjoining workshop.
Positioned on the cusp of prized East Geelong, this location places you within walking distance to the vibrant Garden Street shopping precinct. Public transport, sporting grounds and local shops are an instant from your front door, including The Sprout About café. This convenient location will also delight young families, with a childcare centre and St Margarets Primary School a short stroll away. Enjoy easy access to the South Geelong Train Station, GMHBA Stadium and Geelong CBD.
Development plans / drawings available upon request, so please enquire today to secure this exceptional opportunity.
Roncon Real Estate – Always ON!
Disclaimer:
___________________________________________________________________
Disclaimer: All stated dimensions and areas are approximate and are to be used as a guide only. All particulars herein are for information only and do not constitute representation by the Owner or Agent. It is upon the purchaser to verify all specified items and dimensions, by doing their own due diligence.
Listing description written by Jess Templeton, Roncon Real Estate — reproduced as published, not verified by Districts.