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VIC › Weir Views › Elpis Rd

115 Elpis Rd, Weir Views VIC 3338

Land

$340,000

Last sold

26 Mar 2026

0

Bedrooms

0

Bathrooms

0

Car spaces

350 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 $340,000 (26 Mar 2026).(Recorded sale)
  • FactLand 350 m²; no building size recorded.(Property record)
  • CalculationRecorded Land sales in Weir Views (last 5 years) with land size: median $1,034/m² of land (n=23). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

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. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No 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

$340,000

26 Mar 2026 · derived via latest_sale

Local land rate: recorded Land sales in Weir Views (last 5 years) with land size have a median of $1,034/m² of land (n=23). Districts calculation from recorded sales — not a valuation.

Weir Views at a glance

7,712

People

$610,000

Median sale

$426/wk

Median rent

3.63%

Suburb gross yield

Median sale from 152 recorded sales (last 12 months) — a Districts calculation.

See the full Weir Views report →

Vs Weir Views

-44.3%

Median sale

Suburb $610,000

+2.89 pp

Gross yield

Suburb 3.63%

Suburb median $610,000 from 152 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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$340,00026 Mar 2026
  2. Listedprice unknowncompleted1 Dec 2025
  3. Listedprice unknowncompleted1 Dec 2025

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?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $426/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.

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.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • 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?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). 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

    Development applications have not been queried 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

Weir Views in one glance

Weir Views at a glance

7,712

People

$610,000

Median sale

$426/wk

Median rent

3.63%

Suburb gross yield

Median sale from 152 recorded sales (last 12 months) — a Districts calculation.

See the full Weir Views report →

Keep researching

  • Why Weir Views? Read the area thesis →
  • What else is on the market in Weir Views →
  • Other records on Elpis Rd →

Listing material

Listed by The Roof Real Estate Melton

''Where Dreams Find their Address.... The Roof''

The Roof Real Estate Melton Discover the potential of this 350 sqm parcel of land located in the highly sought-after community of Weir Views. Perfectly positioned to offer a blend of convenience and tranquility, this prime piece of land is ready for you to create your dream home or investment property.

Key Features:

Prefect opportunity for investor or first home buyer this land provides ample space for a well-designed family home, garden, and outdoor living areas.

Read the full description

Ideal Location: Situated in the vibrant and growing suburb of Weir Views , this property offers a fantastic location with easy access to local amenities, including schools, shopping centers, parks, and transport links.

Growing Community: Be a part of a rapidly developing neighborhood with new infrastructure and amenities. This land is positioned to benefit from future growth and increasing property values.

Flexible Building Options: The size and shape of the lot offer flexibility in design and construction, allowing you to tailor your home to your preferences and lifestyle.

Convenient Access: Close to major roads and transport routes, this location provides easy access to surrounding areas and the Melbourne CBD, making commuting and travel straightforward.

Serene Environment: Enjoy the peace and quiet of suburban living while still being connected to urban conveniences. The area is known for its family-friendly atmosphere and community spirit.

Opportunities like this don't last long! Be part of this exciting and growing community, where you can enjoy a balanced and active lifestyle in Strathtulloh.

Close by facilities...…..

Opalia Plaza shopping center - 2 minute drive

McDonalds - 1.5 minute drive

Anytime Fitness Gym - 3 minute drive

Dosa Hut, Okami, Cheesecake shop & Pizza shop - 3 minute drive

Weir Views Dental - 2 minute drive

Petrol station - 2 minutes drive

Call Payal Arora at 0435 821 541 before you miss out on making your dream home a reality.

For an up-to-date copy of the Due Diligence Checklist, please visit:

www.consumer.vic.gov.au/duediligencechecklist

DISCLAIMER: All stated dimensions are approximate only. The information provided is for general purposes and does not constitute any representation by the vendor or agent

* By enquiring on this property you agree to receive regular property updates and marketing communication from The Roof Real Estate. You may unsubscribe at any time.

Listing description written by Payal Arora, The Roof Real Estate Melton — reproduced as published, not verified by Districts.

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.