Safety Beach at a glance
6,058
People
$1,100,000
Median sale
$617/wk
Median rent
2.92%
Suburb gross yield
Median sale from 87 recorded sales (last 12 months) — a Districts calculation.
VIC › Safety Beach › Ragamuffin Point
$1,305,000
Last sold
11 Dec 2019
0
Bedrooms
0
Bathrooms
0
Car spaces
800 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
$1,305,000
11 Dec 2019 · derived via latest_sale
Local land rate: recorded Land sales in Safety Beach (last 5 years) with land size have a median of $2,563/m² of land (n=6). Districts calculation from recorded sales — not a valuation.
Safety Beach at a glance
6,058
People
$1,100,000
Median sale
$617/wk
Median rent
2.92%
Suburb gross yield
Median sale from 87 recorded sales (last 12 months) — a Districts calculation.
Vs Safety Beach
+18.6%
Median sale
Suburb $1,100,000
-0.46 pp
Gross yield
Suburb 2.92%
Suburb median $1,100,000 from 87 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
SPECIAL USE ZONE - SCHEDULE 4
SUZ4
Jurisdiction
Mornington Peninsula
Mornington Peninsula, 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 SPECIAL USE ZONE - SCHEDULE 4 · SUZ4 (ZN). Official parcel area about 706 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. Official parcel about 706 m² — land size can look like optionality. What reduces it: DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 1; ENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 19; VEGETATION PROTECTION OVERLAY - SCHEDULE 1; EROSION MANAGEMENT OVERLAY - SCHEDULE 7. 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 $617/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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 SPECIAL USE ZONE - SCHEDULE 4 · SUZ4 (ZN). Official parcel area about 706 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?
KnownlowOfficial parcel about 706 m² — land size can look like optionality. What reduces it: DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 1; ENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 19; VEGETATION PROTECTION OVERLAY - SCHEDULE 1; EROSION MANAGEMENT OVERLAY - SCHEDULE 7. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.
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
Safety Beach at a glance
6,058
People
$1,100,000
Median sale
$617/wk
Median rent
2.92%
Suburb gross yield
Median sale from 87 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by No Agent PropertyPhone enquiries - please quote property ID 20789
With a total area of approximately 896 sqm, including a single level allotment of approx. 800 sqm and berth entitlement for a pontoon of up to 14.8 m, one of the very last ever vacant blocks of land with 18-metre water frontage is now on the market. This magnificent block in sought-after Martha Cove offers the waterfront living at its best. It will accommodate your dream home (STCA), with your proud vessel and water toys such as jet skis in your backyard. Board your vessel with family and friends, turn the key and explore Port Phillip Bay and beyond. Boatyard for boat maintenance and fuel station are around the corner. Martha Cove Village, soon to be completed, will offer specialty shops, cafes, restaurants just a leisure walk away. Martha Cove is becoming the hub for boating enthusiasts benefiting from its central location on the Mornington Peninsula and easy commute to the City with Peninsula and City links. Join the lucky few and live the Martha Cove lifestyle! Surrounded by stunning residences, with views of Arthur Seat and Mount Martha hills, this block is becoming a rare commodity, and is definitively an opportunity not to be missed.
Features:
Absolute waterfront living
Large flat allotment with reduced site costs compared with stepped levels
Private mooring with large berth entitlement (up to 14.8 m pontoon) and water and power access
All maintenance facilities available at Martha Cove
Close to Mornington Peninsula attractions (golf courses, wineries, beaches)
Easy commute to Melbourne
Access to boardwalks around the marina
DISCLAIMER While proudly assisting home owners to sell since 1999, No Agent Property takes every care to verify the accuracy of the details in this advertisement, but the correctness cannot be guaranteed.
Listing description written by No Agent Property, No Agent Property — reproduced as published, not verified by Districts.