Cardigan at a glance
3,086
People
$587,000
Median sale
$512/wk
Median rent
4.54%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
VIC › Cardigan › Monument Blvd
$1,225,000
Last sold
14 July 2023
4
Bedrooms
2
Bathrooms
2
Car spaces
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
$1,225,000
14 July 2023 · derived via latest_sale
Cardigan at a glance
3,086
People
$587,000
Median sale
$512/wk
Median rent
4.54%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Vs Cardigan
+108.7%
Median sale
Suburb $587,000
-2.37 pp
Gross yield
Suburb 4.54%
Suburb median $587,000 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 $512/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
Cardigan at a glance
3,086
People
$587,000
Median sale
$512/wk
Median rent
4.54%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by PRD BallaratIntroducing an exquisite and grand family residence that impresses with its remarkable size, unwavering dedication to quality, and a seamless integration of indoor and outdoor spaces for year-round entertainment. This exceptional 4-bedroom home proudly sits on a vast 2029m2 allotment in a highly sought-after location, surrounded by other high-quality homes. Meticulously constructed with thoughtful consideration for all modern-day needs, you are first greeted as you walk through this home by a striking custom timber feature to the entry which is doused in light from the Velux feature skylights, beaming light onto the Burnished concrete flooring which is seen throughout this spectacular home.
The open-plan living and dining area is a haven for entertainers, showcasing a premium gourmet kitchen and expansive dining and sitting space with a spectacular Gas log fire a statement piece for this home. The kitchen is superbly appointed with stone benchtops, insinkerator, induction cooktops, pyrolytic and steam ovens, and an expansive butler's pantry. The generous indoor/outdoor entertaining area adds to the allure of the home, enjoying another stunning Gas log fire, full outdoor kitchen seamlessly connecting to a custom-built fire pit and seating area with a plumbed outdoor kitchen and barbecue space, creating a magical setting for large gatherings and entertaining at home. A spacious laundry with external access, additional linen cupboards, built-in drying cupboards, and direct access to the oversized garage enhances practicality.
The spacious master suite features a meticulously designed walk-in wardrobe with built in joinery, custom lighting and feature bulkheads, and a purpose built make up & beauty space. The ensuite bathroom is truly spectacular, boasting a double vanity, floor to ceiling tiles, a walk-in shower and a separate toilet. The remaining three bedrooms are located in their own dedicated wing and are impressively spacious, with two featuring walk-in robes and built in robes in the remaining bedroom. Additional to this is a dedicated study with full cabinetry fit out.
Additional features of this spectacular home include abundant storage space, evaporative cooling, a 3-phase solar system, electric side gates and an automated garden watering system. Further to this expansive property you will find an enormous 20m x 7.5m shed with toilet and clearance for a caravan, further carport and beautifully manicured gardens. The quality of this home is to be seen to be believed, book your private viewing of this exquisite home today!
Listing description written by Luke Armistead, PRD Ballarat — reproduced as published, not verified by Districts.