Devon Meadows at a glance
1,563
People
$1,455,000
Median sale
$593/wk
Median rent
2.12%
Suburb gross yield
Median sale from 5 recorded sales (last 24 months) — a Districts calculation.
VIC › Devon Meadows › Finsbury Rd
$1,272,534
Last sold
22 Jan 2018
4
Bedrooms
2
Bathrooms
4
Car spaces
10,110 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
$1,272,534
22 Jan 2018 · derived via latest_sale
Local land rate: recorded House sales in Devon Meadows (last 5 years) with land size have a median of $184/m² of land (n=8). Districts calculation from recorded sales — not a valuation.
Devon Meadows at a glance
1,563
People
$1,455,000
Median sale
$593/wk
Median rent
2.12%
Suburb gross yield
Median sale from 5 recorded sales (last 24 months) — a Districts calculation.
Vs Devon Meadows
-12.5%
Median sale
Suburb $1,455,000
+0.30 pp
Gross yield
Suburb 2.12%
Suburb median $1,455,000 from 5 recorded sales (last 24 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 $593/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
Devon Meadows at a glance
1,563
People
$1,455,000
Median sale
$593/wk
Median rent
2.12%
Suburb gross yield
Median sale from 5 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by OBrien Real Estate CranbourneThis property set on almost 2 acres and set back off the road has loads of character and is steeped in history. From the railway crossing gates at the entrance, the feature wine barrels at the end of the driveway, to the outdoor entertaining area constructed from recycled wharf posts from a Port Melbourne pier, there is an item of interest at every twist and turn. A feature palm as the centerpiece in the front garden and wrap-around verandahs add to the appeal and charm of this home. Comprising:
-Four bedrooms, large master with walk-in robe, ensuite with twin vanities, sunken spa bath and a sauna
-All bedrooms have built-in robes plus a study desk
-Living room with Coonara wood heater and built-in woodboxes
-Rumpus room overlooking the rear yard and pool area
-Separate study with built-in desk
-Spacious timber kitchen with stainless steel appliances and loads of cupboard space overlooking meals area
-Large undercover outdoor entertaining area in close proximity to pool area
-Inground solar heated, salt water chlorinated pool with aggregate paved surrounds
-Separate studio perfect for a teen retreat with an enormous games room. Imagine an all year round entertainment venue for the whole family
-A giant sized shed suitable for a large truck, boat or caravan with adjoining storage or machinery shed complete with toilet and sink with surrounding area suitable for parking. Great for the self-employed tradie.
-Two fully fenced paddocks perfect for agistment and let's not forget about the chook shed
-Undercover parking near the house for 6 cars
-Extra features include ducted gas heating, evaporative cooling and bore water access for the whole garden
If you like the idea of country living and still be in close proximity to all the facilities you'll ever need, then look no further. This property is just a short 2 minute drive to Devon Meadows Primary School (or an 8 minute stroll), bus to Koo Wee Rup Secondary College nearby, close to shops, football oval and tennis courts, 10 minutes to the heart of Cranbourne and easy access to Dandenong-Hastings Road for an easy city commute plus there is a new shopping centre about to commence construction nearby in Acacia Ridge
Contact Matt Dewan today for an inspection.
Listing description written by Matt Dewan, OBrien Real Estate Cranbourne — reproduced as published, not verified by Districts.