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VIC › Point Lonsdale › Nicholas Ct

13 Nicholas Ct, Point Lonsdale VIC 3225

For saleHouse

$2,850,000–$3,100,000

For sale

Asking range

$3,025,000

Last sold

13 Aug 2020

5

Bedrooms

2

Bathrooms

2

Car spaces

1,330 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $2,850,000–$3,100,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $2,850,000–$3,100,000(Listing record · 10 Apr 2026)
  • FactLand 1,330 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Point Lonsdale (last 5 years) with land size: median $2,183/m² of land (n=26). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 192% above the Point Lonsdale median recorded sale ($977,375, n=6, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Point Lonsdale's advertised median rent ($530/wk), implied gross yield would be 0.97% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

  • FactZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 (GRZ1) under the ZN.(Vicmap Planning · 2 Sept 2026)

What could make it worth less?

  • FactVEGETATION PROTECTION OVERLAY - SCHEDULE 1 intersects 99.8% of this parcel.(Vicmap Planning · 2 Sept 2026)
  • FactDESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 4 intersects 99.8% of this parcel.(Vicmap Planning · 2 Sept 2026)
  • FactPROTECTED SETTLEMENT BOUNDARY intersects 99.8% of this parcel.(Vicmap Planning · 2 Sept 2026)

What should you verify next?

  1. 1VEGETATION PROTECTION OVERLAY - SCHEDULE 1 affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  2. 2DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 4 affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  3. 3PROTECTED SETTLEMENT BOUNDARY affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  4. 4No 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

The ask against the evidence

Asking

$2,850,000–$3,100,000

Asking range · $2,143/m² of land

Last recorded sale $3,025,000 (13 Aug 2020).

Local land rate: recorded House sales in Point Lonsdale (last 5 years) with land size have a median of $2,183/m² of land (n=26). Districts calculation from recorded sales — not a valuation.

Point Lonsdale at a glance

4,217

People

$977,375

Median sale

$530/wk

Median rent

2.82%

Suburb gross yield

Median sale from 6 recorded sales (last 12 months) — a Districts calculation.

See the full Point Lonsdale report →

Vs Point Lonsdale

+191.6%

Median sale

Suburb $977,375

-1.85 pp

Gross yield

Suburb 2.82%

Suburb median $977,375 from 6 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$2,850,000
Stamp Duty (Victoria)
$165,250
Transfer/Registration Fee
$3,614
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$3,022,564

$172,564 on top of the price (6.1% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Point Lonsdale's advertised median rent — not a rent for this listing.

Net yield
-0.53%
Annual cashflow (pre-tax)
$-163,390
Interest cover (DSCR)
-0.10
Annual rent
$27,560
Operating expenses
$42,750
Loan amount
$2,280,000
Annual interest
$148,200
Gross yield
0.97%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning scheme

ZN

Zone

GENERAL RESIDENTIAL ZONE - SCHEDULE 1

GRZ1

Jurisdiction

Queenscliffe

Queenscliffe, VIC

Planning overlays

  • DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 4Detected — 99.8% of parcel

Development activity

Data unavailable

Source

  • Provider: Vicmap Planning
  • Dataset: PLAN_ZONE
  • Retrieved: 2 Sept 2026
  • Version: 1
  • Parcel: 41013127

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

202020232026$3.02m$2.85m
  • Sold (recorded)
  • Asking price (not a sale)
  1. Listed$2,850,000–$3,100,000available10 Apr 2026
  2. Sold$3,025,00013 Aug 2020
  3. Listedprice unknowncompleted6 Aug 2020
  4. Listedprice unknowncompleted6 Aug 2020

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 GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 1,324 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. 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: low

Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Official parcel about 1,324 m² — land size can look like optionality. What reduces it: VEGETATION PROTECTION OVERLAY - SCHEDULE 1; DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 4; PROTECTED SETTLEMENT BOUNDARY. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack. 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 $530/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

Gross yield if leased at the suburb aggregate is 1.0%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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.

3 of 10 questions answered so far

  • Development optionality of this lot

    Knownmedium

    Zoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 1,324 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. 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?

    Knownlow

    Official parcel about 1,324 m² — land size can look like optionality. What reduces it: VEGETATION PROTECTION OVERLAY - SCHEDULE 1; DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 4; PROTECTED SETTLEMENT BOUNDARY. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.

  • Lot-level flood

    Unknown

    Flood overlay has not been queried for this lot. 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

    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

Point Lonsdale in one glance

Point Lonsdale at a glance

4,217

People

$977,375

Median sale

$530/wk

Median rent

2.82%

Suburb gross yield

Median sale from 6 recorded sales (last 12 months) — a Districts calculation.

See the full Point Lonsdale report →

Keep researching

  • Why Point Lonsdale? Read the area thesis →
  • What else is on the market in Point Lonsdale →
  • Other records on Nicholas Ct →

Listing material

Listed by RT Edgar Bellarine

Elevated Coastal Living with Unmatched Potential

Perched at the head of one of Point Lonsdale’s most sought-after courts, this property offers a truly rare chance to secure a prime coastal holding. Just a leisurely walk from Point Lonsdale’s relaxed café strip and the beach, the location is as convenient as it is desirable. Set on approximately 1,330sqm and capturing sweeping views from the Rip across to the Bay, it presents outstanding potential to create a lasting family retreat or explore future development possibilities (STCA).

The existing five-bedroom home offers a flexible layout with a distinct nod to its 1970s character. Designed with family living in mind, the ground floor opens from a covered front veranda into a light-filled living and dining zone, where high ceilings and large windows enhance the sense of space. The adjoining original kitchen has been meticulously maintained, retaining its vintage appeal while remaining highly functional. Two generously sized bedrooms sit on this level, complemented by a central bathroom and a laundry with direct external access.

To the rear, a cosy sitting room overlooking the garden leads through to a second living area, thoughtfully arranged as an independent zone complete with its own kitchen, ample storage, and relaxed living space. A spiral staircase ascends to two additional queen-sized bedrooms, each with built-in robes, alongside an upstairs bathroom. Two balconies provide elevated vantage points to enjoy the impressive ocean outlook.

Read the full description

Established gardens frame both the front and rear of the home, while practical inclusions such as a double garage or shed, reverse cycle heating and cooling, and water tanks add to the property’s overall appeal. Whether you’re envisioning a spacious beachside haven, a renovation project, or a long-term investment, this is a rare opportunity to secure a premium position with outstanding potential.

Listing description written by Felix Hakins, RT Edgar Bellarine — reproduced as published, not verified by Districts.

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.