Langwarrin at a glance
24,422
People
$1,051,000
Median sale
$545/wk
Median rent
2.70%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
VIC › Langwarrin › Elsan Lea Ct
$692,000
Last sold
4 June 2021
3
Bedrooms
2
Bathrooms
2
Car spaces
653 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
$692,000
4 June 2021 · derived via latest_sale
Local land rate: recorded House sales in Langwarrin (last 5 years) with land size have a median of $1,271/m² of land (n=89). Districts calculation from recorded sales — not a valuation.
Langwarrin at a glance
24,422
People
$1,051,000
Median sale
$545/wk
Median rent
2.70%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Vs Langwarrin
-34.2%
Median sale
Suburb $1,051,000
+1.40 pp
Gross yield
Suburb 2.70%
Suburb median $1,051,000 from 13 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
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
VICPlanning 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.
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
No advertised rent is recorded. Suburb median rent $545/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
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.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
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?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). 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
UnknownDevelopment applications have not been queried 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
Langwarrin at a glance
24,422
People
$1,051,000
Median sale
$545/wk
Median rent
2.70%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ash Marton RealtyThis charming, family friendly home is positioned in a quiet court location and within reach of all of the amenities that Langwarrin has to offer.
The home stands proudly on the elevated side of the street and offers:
- A concrete drive gently ascends to an automatic lock up carport
- Low maintenance gardens and leafy surrounds
- The master suite is positioned away from two remaining bedrooms and offers a walk in robe as well as an updated ensuite bathroom
- An L shaped living and dining extends from the entrance and is soaked in natural light
- The kitchen acts as the central hub of the home and offers electric cooking, electric oven, dishwasher, ample cupboard and bench space and a breakfast bar
- A secondary open plan dining (or potential for secondary living) space extends from the kitchen and offers direct access to the outdoor entertainment domain
- A large, covered outdoor entertainment area wraps the side / rear of the home and boasts exposed aggregate underfoot. A fully fenced, spa area is incorporated in to the outdoor living domain
- The central family bathroom is fully renovated with floor to ceiling tiling, single vanity, bathtub, separate shower and modern fixtures and fittings
- Two additional bedrooms are located to the rear of the home and are fitted with built in robes
- Low maintenance, established gardens
- A separate laundry and separate toilet add to the functional appeal of the home
Additional features include:
- Fully fenced
- Ducted heating
- Split system cooling
- Appealing floorplan
- Recently upgraded spa pump
- NBN connection
Located:
- Within 250m of the Lloyd Park recreational and sporting complex
- Within 750m of the Southgateway shopping precinct
- Within 750m of the renowned Elizabeth Murdoch College
- Within 1.5KM of Langwarrin Park Primary School
- Metres from public transport infrastructure
- Approximately 2KM from the Karingal Hub Shopping Centre
- Approximately 2KM from the Peninsula Link Access
This property represents an entry level opportunity to secure a functional home, on a large parcel of land in a great location. These are the fundamental criteria of any solid real estate investment.
Whether you live locally or commute to Melbourne via the nearby Peninsula Link, this home offers a lifestyle of convenience and comfort. Invest in confidence and bank on the returns of LAND, LIFESTYLE, and the best LOCATION.
Langwarrin is one of Melbourne's fastest growing and most desirable locations for many reasons. An affluent demographic of prospective purchasers are seeing enormous value in the lifestyle elements this great city offers! This is a great opportunity to enjoy Langwarrin's:
* Significant expansion of the Karingal Hub shopping and entertainment precinct
* Expanding array of cafe's and shops
* Flora and Fauna reserves
* Parklands, walkways and recreational facilities
* Proximity to Melbourne as well as the Mornington Peninsula
* Exemplary schools
Did you know you can DOWNLOAD THE SECTION 32 and MAKE AN OFFER via the ASH MARTON WEBSITE - ashmarton.com.au
*Important update regarding COVID 19. Your health and safety is a priority. Ash Marton Realty will be extremely attentive in adhering to the advice and instruction of the relevant health authorities at this time.*
Listing description written by Daniel Robinson, Ash Marton Realty — reproduced as published, not verified by Districts.
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