Ashburton at a glance
8,515
People
$1,902,500
Median sale
$668/wk
Median rent
1.83%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
VIC › Ashburton › Lancaster St
$1,282,000
Last sold
1 Aug 2026
4
Bedrooms
1
Bathrooms
3
Car spaces
629 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
$1,282,000
1 Aug 2026 · derived via latest_sale
Local land rate: recorded House sales in Ashburton (last 5 years) with land size have a median of $2,962/m² of land (n=32). Districts calculation from recorded sales — not a valuation.
Ashburton at a glance
8,515
People
$1,902,500
Median sale
$668/wk
Median rent
1.83%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
Vs Ashburton
-32.6%
Median sale
Suburb $1,902,500
+0.88 pp
Gross yield
Suburb 1.83%
Suburb median $1,902,500 from 11 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 3
NRZ3
Jurisdiction
Boroondara
Boroondara, 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 NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 3 · NRZ3 (ZN). Official parcel area about 614 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 $668/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 NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 3 · NRZ3 (ZN). Official parcel area about 614 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?
KnownmediumOfficial parcel about 614 m² — land size can look like optionality. 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
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
Ashburton at a glance
8,515
People
$1,902,500
Median sale
$668/wk
Median rent
1.83%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Professionals First & CoPerfectly positioned in one of Ashburton's most tightly held residential pockets, this exceptional property presents a rare opportunity to secure a premium 629 sqm landholding in a blue-chip location renowned for its lifestyle appeal and long-term growth.
Located within the sought-after Ashburton Primary School and Ashwood High School zones, this substantial allotment offers outstanding scope for developers, builders and investors to construct a luxurious new residence, undertake a contemporary redevelopment, or explore future development opportunities (STCA). The existing home provides added flexibility while plans are
being finalised.
Enjoy the convenience of a superb lifestyle location, just moments from Ashburton Village, local cafés, parklands and everyday amenities. An easy walk to Alamein Station and quick access to the Monash Freeway (M1) provide seamless connectivity to Melbourne CBD and beyond. Chadstone Shopping Centre, Deakin University and Holmesglen TAFE are all within close proximity, further enhancing the property's exceptional appeal.
Property Highlights
• Premium 629 sqm landholding
• Exceptional opportunity to build a luxury residence or redevelop (STCA)
• Existing home providing flexibility while future plans are considered
• Located within the sought-after Ashburton Primary School and Ashwood High School zones
• Approximately 10 minutes' walk to Alamein Station and Holmesglen Station
• Approximately 4 minutes' drive to Holmesglen TAFE
• Approximately 25 minutes' drive to Melbourne CBD
• Close to Ashburton Village, cafés, parklands and public transport
• Easy access to the Monash Freeway (M1), Chadstone Shopping Centre and Deakin University
Whether you're planning to create a prestigious new home or unlock the site's redevelopment potential (STCA), this is a rare opportunity to secure a substantial landholding in one of Melbourne's most desirable and tightly held suburbs
Photo ID is required at all open for inspections.
Disclaimer: We have, in preparing this document, used our best endeavours to ensure that the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospective purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquiries and refer to the due diligence checklist provided by Consumer Affairs. Click on the link for a copy of the due diligence checklist from Consumer Affairs. http://www.consumer.vic.gov.au/duediligencechecklist
Listing description written by Tony Che, Professionals First & Co — reproduced as published, not verified by Districts.