Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

VIC › Leopold › Ila Dr

14 Ila Dr, Leopold VIC 3224

House

$950,000

Last sold

8 Feb 2024

4

Bedrooms

2

Bathrooms

2

Car spaces

700 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 $950,000 (8 Feb 2024).(Recorded sale)
  • FactLand 700 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Leopold (last 5 years) with land size: median $1,249/m² of land (n=60). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

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

What could make it worth less?

  • FactPROTECTED SETTLEMENT BOUNDARY intersects 99.8% of this parcel.(Vicmap Planning · 1 Sept 2026)
  • FactDEVELOPMENT PLAN OVERLAY - SCHEDULE 18 intersects 99.8% of this parcel.(Vicmap Planning · 1 Sept 2026)

What should you verify next?

  1. 1PROTECTED SETTLEMENT BOUNDARY affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  2. 2DEVELOPMENT PLAN OVERLAY - SCHEDULE 18 affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  3. 3No 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

$950,000

8 Feb 2024 · derived via latest_sale

Local land rate: recorded House sales in Leopold (last 5 years) with land size have a median of $1,249/m² of land (n=60). Districts calculation from recorded sales — not a valuation.

Leopold at a glance

13,878

People

$715,750

Median sale

$521/wk

Median rent

3.79%

Suburb gross yield

Median sale from 38 recorded sales (last 12 months) — a Districts calculation.

See the full Leopold report →

Vs Leopold

+32.7%

Median sale

Suburb $715,750

-0.94 pp

Gross yield

Suburb 3.79%

Suburb median $715,750 from 38 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

ZN

Zone

GENERAL RESIDENTIAL ZONE - SCHEDULE 1

GRZ1

Jurisdiction

Greater Geelong

Greater Geelong, VIC

Planning overlays

  • PROTECTED SETTLEMENT BOUNDARYDetected — 99.8% of parcel

Development activity

Data unavailable

Source

  • Provider: Vicmap Planning
  • Dataset: PLAN_ZONE
  • Retrieved: 31 Aug 2026
  • Version: 1
  • Parcel: 217078903

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. Sold$950,0008 Feb 2024
  2. Listedprice unknowncompleted2 Oct 2023
  3. Listedprice unknowncompleted2 Oct 2023

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 701 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 701 m² — land size can look like optionality. What reduces it: PROTECTED SETTLEMENT BOUNDARY; DEVELOPMENT PLAN OVERLAY - SCHEDULE 18. 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 $521/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

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

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 701 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 701 m² — land size can look like optionality. What reduces it: PROTECTED SETTLEMENT BOUNDARY; DEVELOPMENT PLAN OVERLAY - SCHEDULE 18. 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

Leopold in one glance

Leopold at a glance

13,878

People

$715,750

Median sale

$521/wk

Median rent

3.79%

Suburb gross yield

Median sale from 38 recorded sales (last 12 months) — a Districts calculation.

See the full Leopold report →

Keep researching

  • Why Leopold? Read the area thesis →
  • What else is on the market in Leopold →
  • Other records on Ila Dr →

Listing material

Listed by Bellarine Property

Feature-Packed Family Home with Parkside Appeal

The Feel:

Totally in tune with a fabulous family lifestyle, this contemporary multi-level home delivers the perfect environment for relaxed living with a collection of wonderfully oversized interiors, multitude of living and entertaining zones, and a premier position overlooking the expansive open spaces of Daisley Reserve. Taking full advantage of its superb 700sqm (approx.) allotment, the home’s pristine interiors integrate effortlessly with an incredible alfresco environment and private, child-friendly back yard, crowned by a sparkling in-ground pool. The neighbourhood itself plays a starring role in this ultimate family sanctuary, just moments from shops and schools, with the convenience of public transport on your doorstep.

The Facts:

Read the full description

-Embrace the luxury of space with this 4-bedroom family residence resting across a 700sqm (approx.) allotment

-Situated directly opposite Daisley Reserve playground, it takes convenience & comfort to exciting heights

-Designed to satisfy the needs of a large family, everything on offer is abundant in its size, quality & convenient functionality

-Versatile 2-level layout balances generous accommodation & multiple indoor and outdoor living zones with a stylish, contemporary feel

-The centrepiece of the home is an open plan living & dining hub, anchored by a Caesarstone kitchen with generous walk-through pantry

-Adjoining lounge room extends the family-friendly layout, while a separate sitting room provides a peaceful space to retreat or versatile home office space

-A solar heated swimming pool is the showpiece of the sunny back yard, providing endless family enjoyment

-Enjoy effortless outdoor entertaining with an undercover alfresco space, complete with all-weather blinds

-Step down to the timber deck where you’ll discover bbq area & built-in fire pit, plus established, private lawn area

-4 bedrooms are all zoned to the upper level, separated by a 4th living room/theatre room boasting panoramic views across Lake Connewarre and Geelong

-Master bedroom overlooks the greenery of the reserve & is equipped with private balcony, walk-through robe & ensuite

-Additional 3 bedrooms (WIR/BIRs) are serviced by a full family bathroom with deep bathtub

-Zoned heating & cooling with remote automation allows easy temperature control – even when you’re not home

-There’s ample space for off-street parking with a DLUG + 2nd driveway with electric gate access to the spacious back yard – ideal for the caravan & boat

-Located in the heart of the family-focused Estuary Estate, minutes to kindergartens, schools & the Gateway Plaza

-A short drive to Geelong CBD + all the key lifestyle assets of the Bellarine including beaches, wineries, restaurants & golf courses

The Owner Loves….

“This house is 100% about lifestyle. We love that everything we could need as a family – whether that’s the indoor space, the outdoor relaxation, the park across the road, or the proximity to town – is all here in one place.”

*All information offered by Bellarine Property is provided in good faith. It is derived from sources believed to be accurate and current as at the date of publication and as such Bellarine Property simply pass this information on. Use of such material is at your sole risk. Prospective purchasers are advised to make their own inquiries with respect to the information that is passed on. Bellarine Property will not be liable for any loss resulting from any action or decision by you in reliance on the information.

Listing description written by Andrew Kibbis, Bellarine Property — reproduced as published, not verified by Districts.

Property features

  • Ensuites: 1
  • Living Areas: 4
  • Toilets: 3
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.