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VIC › Narre Warren › Leonie Ct

12 Leonie Ct, Narre Warren VIC 3805

For saleHouse for Sale

$750,000–$820,000

For sale

Asking range

3

Bedrooms

2

Bathrooms

4

Car spaces

551 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $750,000–$820,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $750,000–$820,000(Listing record · 25 Aug 2026)
  • FactLand 551 m²; no building size recorded.(Property record)
  • CalculationAsk is 6% below the Narre Warren median recorded sale ($796,500, n=26, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Narre Warren's advertised median rent ($568/wk), implied gross yield would be 3.94% — this is not a rent for this listing.(Districts scenario calculation)

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

The ask against the evidence

Asking

$750,000–$820,000

Asking range · $1,361/m² of land

No recorded sale for this property.

Narre Warren at a glance

28,665

People

$796,500

Median sale

$568/wk

Median rent

3.71%

Suburb gross yield

Median sale from 26 recorded sales (last 12 months) — a Districts calculation.

See the full Narre Warren report →

Vs Narre Warren

-5.8%

Median sale

Suburb $796,500

+0.23 pp

Gross yield

Suburb 3.71%

Suburb median $796,500 from 26 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$750,000
Stamp Duty (Victoria)
$40,070
Transfer/Registration Fee
$1,859
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$795,629

$45,629 on top of the price (6.1% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Narre Warren's advertised median rent — not a rent for this listing.

Net yield
2.44%
Annual cashflow (pre-tax)
$-20,714
Interest cover (DSCR)
0.47
Annual rent
$29,536
Operating expenses
$11,250
Loan amount
$600,000
Annual interest
$39,000
Gross yield
3.94%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

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. Listed$750,000–$820,000available25 Aug 2026

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 $568/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

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

Gross yield if leased at the suburb aggregate is 3.9%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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

Narre Warren in one glance

Narre Warren at a glance

28,665

People

$796,500

Median sale

$568/wk

Median rent

3.71%

Suburb gross yield

Median sale from 26 recorded sales (last 12 months) — a Districts calculation.

See the full Narre Warren report →

Keep researching

  • Why Narre Warren? Read the area thesis →
  • What else is on the market in Narre Warren →
  • Other records on Leonie Ct →

Listing material

Listed by Area Specialist Solutions

The Brief: Space, Style & Functionality in a highly Sought-After Court Location!

Its Addressed:

Positioned in a quiet court and set on a generous allotment, 12 Leonie Court, Narre Warren offers the perfect combination of comfort, functionality and modern updates. Featuring multiple living zones, beautifully renovated bathrooms and outstanding vehicle accommodation, this impressive residence is ideal for all buyers from the growing families, tradies, investors, car enthusiasts or anyone seeking space both inside and out.

Stepping inside, you are welcomed by a thoughtfully designed floorplan offering a spacious master suite complete with walk-in robe and a stylish renovated ensuite showcasing quality finishes including floor-to-ceiling tiling, frameless shower, dual stone-top vanity and a separate toilet for added convenience. The remaining bedrooms feature built-in robes and are serviced by a beautifully updated central bathroom and separate toilet.

Read the full description

At the heart of the home, the well-appointed kitchen overlooks the meals and family living area, creating a central hub for everyday living and entertaining. Complete with stone benchtops, a 900mm stainless steel oven and cooktop, ample storage and generous preparation space, the kitchen combines practicality with modern style.

A separate front lounge provides the perfect retreat for movie nights, quiet relaxation or entertaining guests, while the connecting family and meals area seamlessly flows to the covered veranda and outdoor entertaining space.

Comfort is assured year-round with split system heating and cooling, ceiling fans throughout and an abundance of natural light creating a warm and inviting atmosphere.

Outside, the property truly sets itself apart. Boasting a huge detached double garage with workshop, oversized double carport and additional secure parking, there is space for up to six vehicles, trailers, boats or caravans. Whether you require room for hobbies, storage or additional workspace, this versatile setup is sure to impress.

Property Features:

• Solar Panels

• Master suite with walk-in robe and renovated ensuite

• Built-in robes to remaining bedrooms

• Renovated central bathroom with quality finishes

• Separate lounge plus open-plan family and meals area

• Functional kitchen with stone benchtops

• Covered veranda and outdoor entertaining area

• Detached double garage with workshop plus oversized double carport

• Secure parking for up to six vehicles

• Split system heating and cooling

• Ceiling fans throughout

• Quiet court location close to schools, shops, transport and freeway access

Whether you're a first home buyer, upgrading for the family or seeking a quality addition to your investment portfolio, this outstanding residence delivers space, versatility and exceptional convenience in one of Narre Warren’s most desirable pockets.

Perfectly positioned within a tightly held estate, the home is only a short walk to Amber Crescent Reserve Playground and the iconic 1001 Steps/Bayview Park. Enjoy easy access to Parkhill Plaza, Oatlands Primary School, Timbarra Prep–Year 9, Timbarra Community Stadium, Narre Warren North Primary School, Harkaway Primary School, Harkaway Hills College, public transport and an abundance of parks and recreational facilities.

With Westfield Fountain Gate, Main Street Berwick and the M1 Freeway all within easy reach, this location offers an enviable lifestyle with everyday convenience at your doorstep.

Note: Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Photos are for illustration purposes only. Prospective purchasers/tenants are requested to take such action as is necessary to satisfy themselves with any pertinent matters.

Listing description written by Boyd Jones, Area Specialist Solutions — 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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