Districts
SuburbsBlogSearch
|My DistrictsMy AreasSavedAlerts
Sign inGet started
Districts
SuburbsBlogSearch
|My DistrictsMy AreasSavedAlerts
Sign inGet started

VIC › Narre Warren North › Rockleigh Park Rd

14-16 Rockleigh Park Rd, Narre Warren North VIC 3804

For saleHouse

$1,050,000–$1,150,000

For sale

Asking range

1

Bedrooms

1

Bathrooms

1

Car spaces

2,000 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,050,000–$1,150,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,050,000–$1,150,000(Listing record · 6 Aug 2026)
  • FactLand 2,000 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Narre Warren North (last 5 years) with land size: median $907/m² of land (n=66). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 32% below the Narre Warren North median recorded sale ($1,550,000, n=34, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Narre Warren North's advertised median rent ($571/wk), implied gross yield would be 2.83% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  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

The ask against the evidence

Asking

$1,050,000–$1,150,000

Asking range · $525/m² of land

No recorded sale for this property.

Local land rate: recorded House sales in Narre Warren North (last 5 years) with land size have a median of $907/m² of land (n=66). Districts calculation from recorded sales — not a valuation.

Narre Warren North at a glance

8,074

People

$1,550,000

Median sale

$571/wk

Median rent

1.92%

Suburb gross yield

Median sale from 34 recorded sales (last 12 months) — a Districts calculation.

See the full Narre Warren North report →

Vs Narre Warren North

-32.3%

Median sale

Suburb $1,550,000

+0.91 pp

Gross yield

Suburb 1.92%

Suburb median $1,550,000 from 34 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
$1,050,000
Stamp Duty (Victoria)
$57,750
Transfer/Registration Fee
$2,561
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
$1,114,011

$64,011 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 Narre Warren North's advertised median rent — not a rent for this listing.

Net yield
1.33%
Annual cashflow (pre-tax)
$-40,658
Interest cover (DSCR)
0.26
Annual rent
$29,692
Operating expenses
$15,750
Loan amount
$840,000
Annual interest
$54,600
Gross yield
2.83%

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 data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

  1. Listed$1,050,000–$1,150,000available6 Aug 2026

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?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $571/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 2.8%. 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.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • 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?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). 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

    Development applications have not been queried 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

Narre Warren North in one glance

Narre Warren North at a glance

8,074

People

$1,550,000

Median sale

$571/wk

Median rent

1.92%

Suburb gross yield

Median sale from 34 recorded sales (last 12 months) — a Districts calculation.

See the full Narre Warren North report →

Keep researching

  • Why Narre Warren North? Read the area thesis →
  • What else is on the market in Narre Warren North →
  • Other records on Rockleigh Park Rd →

Listing material

Listed by LJ Hooker Dandenong

Lot 2 of 14-16 Rockleigh Park, Narre Warren North RARE HALF-ACRE WITH LUXURY SELF-CONTAINED DWELLING - LIVE ON-SITE WHILE YOU BUILD YOUR DREAM HOME.

Opportunities like this don't come along often. Set on an impressive 2,000m² allotment in a quiet cul de sac, this property gives you the rarest of combinations: great street frontage and a spacious site to design and build your dream home, plus a beautifully finished dwelling already in place so you can move in and start living the lifestyle from day one.

Tucked into the corner of a large building envelope, the existing shed is designed and built to be a luxurious 6.5 star energy rated residence, with split system heating and cooling. Thoughtfully laid out, it offers a generous living and dining area, well-appointed bedroom zone and a fitted-out bathroom and laundry finished to a modern standard. The large kitchen boasts Bosch appliances, and there's also a sizeable garage and storage area, ideal for vehicles, caravan, boat, tools, or trade equipment - perfect if you're managing the build yourself or simply want the space.

Because the dwelling occupies just one corner of the envelope, the balance of this 2,000m² block remains a blank canvas with all services ready to connect. Whether you're planning an architecturally designed home, a sprawling family residence, or simply want room to move, garden, and grow, the site offers exceptional scope without the pressure of a build deadline hanging over your head.

Read the full description

This is the kind of property that rewards a patient, considered approach to building - live comfortably on-site, get to know the land through the seasons, and design your forever home around a lifestyle you're already enjoying. It also holds genuine appeal for owner-builders, tradies, hobbyists, or anyone wanting extended family or guest accommodation as a part of their longer-term plans.

Perfectly positioned to enjoy the convenient lifestyle of Narre Warren North, this exceptional property is walking distance to local schools and the natural beauty of Lysterfield Park. The allotment is central to Westfield Fountain Gate, Endeavour Hills Shopping Centre, cafés, public transport and the Monash Freeway are all within easy reach, delivering the perfect balance of peaceful lifestyle living and everyday convenience.

Properties offering this level of flexibility, size, and ready-made accommodation are hard to find. Whether you're building your future or securing land with immediate liveability, this one deserves a closer look.

Key Features:

-Approx. 2,000m² (half-acre approx.) allotment

-Peaceful and private setting

-Long private driveway

-Spacious living and dining area

-Brand-new self-contained one-bedroom accommodation with its own living area, kitchen, private bathroom and double garage

-Expansive backyard

-Split system air conditioning

-Water tank

-Outstanding lifestyle opportunity with future potential (STCA)

-Convenient lifestyle location

Perfectly positioned to enjoy the very best of Narre Warren North, this exceptional property is just moments from Thomas Mitchell Primary School, Maranatha Christian School and the natural beauty of Lysterfield Park. Westfield Fountain Gate, quality shopping precincts, cafés, public transport and easy Monash Freeway access are all within easy reach, delivering the perfect balance of peaceful lifestyle living and everyday convenience.

DISCLAIMERS:

Every reasonable effort has been made to ensure the accuracy of the information provided; however, neither the vendor, agent, nor agency makes any representation or warranty as to its completeness or correctness.

The floor plans provided are for illustrative purposes only and should be treated as such. No liability is accepted for any inaccuracies or omissions in the details or dimensions represented.

As the property may be subject to private inspections, the sale status could change prior to scheduled Open Homes. Prospective buyers are advised to verify the current availability of the property before attending any inspection.

Listing description written by Rohullah Paykari, LJ Hooker Dandenong — reproduced as published, not verified by Districts.

Also look at

Also for sale in Narre Warren North

  • 12 Kanaru Ct, Narre Warren North VIC 3804

    5-bed house. Currently listed.

    For sale
  • 1-2 Monroe Ct, Narre Warren North VIC 3804

    5-bed house. Currently listed.

    For sale
  • 284 Belgrave Hallam Rd, Narre Warren North VIC 3804

    6-bed house. Asking $1.6M–$1.76M.

    For sale
  • 2 Tom Gearon Ct, Narre Warren North VIC 3804

    5-bed house. Asking $1.48M–$1.55M.

    For sale
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.