Cardigan at a glance
3,086
People
$587,000
Median sale
$512/wk
Median rent
4.54%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
VIC › Cardigan › Lucy Lot 18 Ct
$500,000
Last sold
11 June 2026
0
Bedrooms
0
Bathrooms
0
Car spaces
2,005 m²
Land
Districts View
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
$500,000
11 June 2026 · derived via latest_sale
Local land rate: recorded Land sales in Cardigan (last 5 years) with land size have a median of $275/m² of land (n=27). Districts calculation from recorded sales — not a valuation.
Cardigan at a glance
3,086
People
$587,000
Median sale
$512/wk
Median rent
4.54%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Vs Cardigan
-14.8%
Median sale
Suburb $587,000
+0.78 pp
Gross yield
Suburb 4.54%
Suburb median $587,000 from 13 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
RURAL ACTIVITY ZONE - SCHEDULE 1
RAZ1
Jurisdiction
Golden Plains
Golden Plains, VIC
Official property report
The original government planning document for this property. Sign in to view or download the PDF. Districts facts are a separate GIS extract and may not include every statement in the report.
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.
The official layer maps a flood zone on this parcel, intersecting about 21.1% of it (Vicmap Planning, retrieved 2 Sept 2026). Verify the extent against the title before relying on unaffected land.
The official layer maps a bushfire risk zone on this parcel, intersecting about 99.8% of it (Vicmap Planning, retrieved 2 Sept 2026). Verify the extent against the title before relying on unaffected land.
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 RURAL ACTIVITY ZONE - SCHEDULE 1 · RAZ1 (ZN). Official parcel area about 3,689,341 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision looks constrained (often the rear or handle of the lot). 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.
21.1% of the official parcel intersects the loaded flood overlay. Layer: LAND SUBJECT TO INUNDATION OVERLAY - SCHEDULE 2. That is a finance, insurance, and rentability screen — distinct from whether the land can be subdivided. It is not a flood certificate or an insurer quote. Flood overlay on a material share of the lot can kill a rear-lot or battleaxe subdivision story. Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Official parcel about 3,689,341 m² — land size can look like optionality. What reduces it: BUSHFIRE MANAGEMENT OVERLAY; LAND SUBJECT TO INUNDATION OVERLAY - SCHEDULE 2; SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 15; VEGETATION PROTECTION OVERLAY - SCHEDULE 2. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $512/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. Flood on or flagged for this lot can discount tenant demand versus a dry comparable.
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
This looks more like a hold-as-is house than a development site. Flood on the lot is the first thing to price.
Detail
Official parcel about 3,689,341 m² — land size can look like optionality. What reduces it: BUSHFIRE MANAGEMENT OVERLAY; LAND SUBJECT TO INUNDATION OVERLAY - SCHEDULE 2; SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 15; VEGETATION PROTECTION OVERLAY - SCHEDULE 2. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.
Nearby competing dwellings and net yield are still unknown.
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.
4 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned RURAL ACTIVITY ZONE - SCHEDULE 1 · RAZ1 (ZN). Official parcel area about 3,689,341 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision looks constrained (often the rear or handle of the lot). 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 3,689,341 m² — land size can look like optionality. What reduces it: BUSHFIRE MANAGEMENT OVERLAY; LAND SUBJECT TO INUNDATION OVERLAY - SCHEDULE 2; SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 15; VEGETATION PROTECTION OVERLAY - SCHEDULE 2. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.
Lot-level flood
Knownmedium21.1% of the official parcel intersects the loaded flood overlay. Layer: LAND SUBJECT TO INUNDATION OVERLAY - SCHEDULE 2. That is a finance, insurance, and rentability screen — distinct from whether the land can be subdivided. It is not a flood certificate or an insurer quote.
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
Cardigan at a glance
3,086
People
$587,000
Median sale
$512/wk
Median rent
4.54%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Stone Real Estate BallaratIt doesn't matter what your interest area and hobbies are, Amaroo Place has the capacity to fulfill it all, whether it be sheds and tools, pools and spas, sports and leisure, you will have the ability to build this into your design. The perfect titled 2000m2 block to build your dream home on a larger scale, with plenty of space between neighbours to create your own privacy and to setup the lifestyle you desire.
Close to the Lucas town centre where all of your shopping needs can be met with supermarket, medical, bakery; simply enjoy all the essentials on hand at Coltman Plaza as well as easy access to the western freeway for travel and just minutes to Wendouree train station for commuters. Many wonderful educational opportunities are available to you from Amaroo Place, as it's within the Ballarat High School zone or take advantage of the one of the top 10 Victorian private schools in our area, including Ballarat Clarendon College. Being only 12 minutes approx to the CBD be a part of the growing and thriving Ballarat community with fine food and dining experiences on your doorstep at the rich cultural heritage centre of town
Listing description written by Leigh Hutchinson, Stone Real Estate Ballarat — reproduced as published, not verified by Districts.
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