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VIC › Tooradin › Iris Wells Cl

13 Iris Wells Cl, Tooradin VIC 3980

House

$1,045,000

Last sold

20 Aug 2025

4

Bedrooms

2

Bathrooms

4

Car spaces

1,000 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 $1,045,000 (20 Aug 2025).(Recorded sale)
  • FactLand 1,000 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Tooradin (last 5 years) with land size: median $858/m² of land (n=38). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned PUBLIC CONSERVATION AND RESOURCE ZONE (PCRZ) under the ZN.(Vicmap Planning · 31 Aug 2026)

What could make it worth less?

  • FactLAND SUBJECT TO INUNDATION OVERLAY intersects 99.8% of this parcel.(Vicmap Planning · 31 Aug 2026)

What should you verify next?

  1. 1LAND SUBJECT TO INUNDATION OVERLAY affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  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

$1,045,000

20 Aug 2025 · derived via latest_sale

Local land rate: recorded House sales in Tooradin (last 5 years) with land size have a median of $858/m² of land (n=38). Districts calculation from recorded sales — not a valuation.

Tooradin at a glance

1,787

People

$927,500

Median sale

$526/wk

Median rent

2.95%

Suburb gross yield

Median sale from 10 recorded sales (last 12 months) — a Districts calculation.

See the full Tooradin report →

Vs Tooradin

+12.7%

Median sale

Suburb $927,500

-0.33 pp

Gross yield

Suburb 2.95%

Suburb median $927,500 from 10 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

ZN

Zone

PUBLIC CONSERVATION AND RESOURCE ZONE

PCRZ

Jurisdiction

Casey

Casey, VIC

Planning overlays

  • environmentalDetected

Development activity

Data unavailable

Source

  • Provider: Vicmap Planning
  • Dataset: PLAN_ZONE
  • Retrieved: 31 Aug 2026
  • Version: 1
  • Parcel: 616630

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

Detected — official

The official layer maps a flood zone on this parcel, intersecting about 99.8% of it (Vicmap Planning, retrieved 31 Aug 2026). Verify the extent against the title before relying on unaffected land.

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$1,045,00020 Aug 2025
  2. Listedprice unknowncompleted21 July 2025
  3. Listedprice unknowncompleted21 July 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?

Confidence: medium

Zoned PUBLIC CONSERVATION AND RESOURCE ZONE · PCRZ (ZN). Official parcel area about 262,477 m². Dual occupancy looks constrained by site overlays or terrain. Two-lot subdivision looks constrained (often the rear or handle of the lot). This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: medium

99.8% of the official parcel intersects the loaded flood overlay. Layer: LAND SUBJECT TO INUNDATION OVERLAY. That is a finance, insurance, and rentability screen — distinct from whether the land can be subdivided. It is not a flood certificate or an insurer quote. Flood overlay on a material share of the lot can kill a rear-lot or battleaxe subdivision story. Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Official parcel about 262,477 m² — land size can look like optionality. What reduces it: LAND SUBJECT TO INUNDATION OVERLAY. Flood on the lot is a finance, insurance, and rear-yard subdivision problem — not just a suburb badge. 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 $526/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. Flood on or flagged for this lot can discount tenant demand versus a dry comparable.

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

This looks more like a hold-as-is house than a development site. Flood on the lot is the first thing to price.

Detail

Official parcel about 262,477 m² — land size can look like optionality. What reduces it: LAND SUBJECT TO INUNDATION OVERLAY. Flood on the lot is a finance, insurance, and rear-yard subdivision problem — not just a suburb badge.

Read more

Nearby competing dwellings and net yield are still unknown.

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.

4 of 10 questions answered so far

  • Development optionality of this lot

    Knownmedium

    Zoned PUBLIC CONSERVATION AND RESOURCE ZONE · PCRZ (ZN). Official parcel area about 262,477 m². Dual occupancy looks constrained by site overlays or terrain. Two-lot subdivision looks constrained (often the rear or handle of the lot). This is a screen, not a planning certificate.

  • 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?

    Knownmedium

    Official parcel about 262,477 m² — land size can look like optionality. What reduces it: LAND SUBJECT TO INUNDATION OVERLAY. Flood on the lot is a finance, insurance, and rear-yard subdivision problem — not just a suburb badge.

  • Lot-level flood

    Knownmedium

    99.8% of the official parcel intersects the loaded flood overlay. Layer: LAND SUBJECT TO INUNDATION OVERLAY. That is a finance, insurance, and rentability screen — distinct from whether the land can be subdivided. It is not a flood certificate or an insurer quote.

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    No DA adapter returned applications 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

Tooradin in one glance

Tooradin at a glance

1,787

People

$927,500

Median sale

$526/wk

Median rent

2.95%

Suburb gross yield

Median sale from 10 recorded sales (last 12 months) — a Districts calculation.

See the full Tooradin report →

Keep researching

  • Why Tooradin? Read the area thesis →
  • What else is on the market in Tooradin →
  • Other records on Iris Wells Cl →

Listing material

Listed by Grainger Real Estate

Spacious Living for the Whole Family

Within easy walking distance to all that the quaint and super popular coastal village of Tooradin provides – Primary school, child care, shopping, restaurants, sporting club & of course the water and boat ramp, this spacious home will not only meet, but exceed the needs of the largest families.

Beyond the manicured front garden, step inside and be greeted by high ceilings and tiled flooring that seamlessly flows down the hallway connecting the home office/5th bedroom, 4 large bedrooms and 3 generous living zones.

The master bedroom is positioned at the front of the home and includes a huge walk-in robe and ensuite with a dual basin vanity, shower and spa bath, whilst the remaining three bedrooms enjoy their own private wing serviced by the central bathroom, separate toilet and laundry.

Read the full description

In the heart of the home is the expansive open-plan indoor/outdoor living spaces, showcasing a sleek gourmet kitchen complete with an oversized island breakfast bar, induction cooktop, wall oven, dishwasher and an abundance of storage. All of which overlooks the sprawling family & dining area with a coonara wood-heater adjoining a separate rumpus/billiard room that all enjoys access to the covered outdoor entertaining area and backyard.

Additional features include near-new carpet & blinds throughout, split system heating & cooling, solar panels, 3 x raised vegetable gardens, water tank, double garage with drive-thru access to the rear workshop/shed (12x7m approx.) offering plenty of off-street parking to accommodate your cars, a trailer, boat, campervan and more!

With so much on offer, an inspection is a must!

Listing description written by Emily Grainger, Grainger Real Estate — reproduced as published, not verified by Districts.

Property features

  • Built-in Robes
  • Dishwasher
  • Fully Fenced
  • Living Areas: 1
  • Outdoor Entertaining
  • Remote Garage
  • Rumpus Room
  • Secure Parking
  • Shed
  • Solar Panels
  • Study
  • Toilets: 2
  • Water Tank
  • Workshop
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.