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VIC › Blackburn › Lake Rd

123 Lake Rd, Blackburn VIC 3130

House

$1,710,000

Last sold

18 Sept 2021

3

Bedrooms

2

Bathrooms

3

Car spaces

605 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 $1,710,000 (18 Sept 2021).(Recorded sale)
  • FactLand 605 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Blackburn (last 5 years) with land size: median $2,138/m² of land (n=17). 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

$1,710,000

18 Sept 2021 · derived via latest_sale

Local land rate: recorded House sales in Blackburn (last 5 years) with land size have a median of $2,138/m² of land (n=17). Districts calculation from recorded sales — not a valuation.

Blackburn at a glance

16,067

People

No data

Median sale

$601/wk

Median rent

No data

Suburb gross yield

See the full Blackburn report →

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$1,710,00018 Sept 2021
  2. Listedprice unknowncompleted7 Sept 2021
  3. Listedprice unknowncompleted7 Sept 2021

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 $601/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

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

Blackburn in one glance

Blackburn at a glance

16,067

People

No data

Median sale

$601/wk

Median rent

No data

Suburb gross yield

See the full Blackburn report →

Keep researching

  • Why Blackburn? Read the area thesis →
  • What else is on the market in Blackburn →
  • Other records on Lake Rd →

Listing material

Listed by OBrien Real Estate Blackburn

Stunning Lakeside Luxury

**** LIVE VIRTUAL AUCTION THIS SATURDAY ****

CONTACT US FOR YOUR VIRTUAL LINK ON 0411 061 796

What a stunning example of contemporary style we have here in this 6-year-new showpiece by boutique builders, Carlisle Homes. Superbly located just a 5min walk to Blackburn Lake Sanctuary and 500m to Blackburn Lake Primary, the north facing home is infused with glorious natural light and finished in durable and eco-friendly bamboo floors – drawing you into a light-filled sanctuary.

Read the full description

The single level design appeals to both young families and downsizers, with radiant open plan living flowing out onto the covered deck for seamless indoor-outdoor entertaining. A sophisticated kitchen has been appointed with Euro appliances, elegant Caesar stone bench tops and a central island waterfall bench to encourage social connection around the cooking hub. The 3 bedrooms are zoned privately, with the addition of walk-in-robes to each of them, and a full ensuite with a twin undermount basin vanity and luxury shower to the master bedroom.

High ceilings, day and night roller blinds and soft neutral tones create a calming sense of retreat, with beautiful outlooks across to the landscaped gardens and their character oxidised metal garden beds. Central heating, evaporative cooling, a double remote garage with internal access, plus single carport ideal for trailer, boat or caravan and an in-built BBQ and fridge, all add to the array of premium features.

Where the home offers true advantage is in the exclusive hi-tech inclusion of a 6-star energy rating, wiring for electric vehicle fast charging (just BYO Tesla), solar boosted hot water, and a rainwater tank plumbed to the toilets, perfectly designed for low-cost sustainable living. What a magnificent property to welcome you to this leafy enclave of Blackburn, close to village shops and the Forest Hill Chase mall and cinema, an easy walk to Blackburn station, with all the natural beauty of Blackburn Lake on your doorstep.

Listing description written by Anthony Molinaro, OBrien Real Estate Blackburn — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Ensuites: 1
  • Living Areas: 2
  • Study
  • Toilets: 2
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.