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VIC › Taylors Lakes › Palmerston Cres

14 Palmerston Cres, Taylors Lakes VIC 3038

House

$1,680,000

Last sold

31 Jan 2026

5

Bedrooms

2

Bathrooms

2

Car spaces

789 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 $1,680,000 (31 Jan 2026).(Recorded sale)
  • FactLand 789 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Taylors Lakes (last 5 years) with land size: median $1,463/m² of land (n=135). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 1 (NRZ1) under the ZN.(Vicmap Planning · 2 Sept 2026)

What could make it worth less?

  • FactDEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 2 intersects 99.8% of this parcel.(Vicmap Planning · 2 Sept 2026)

What should you verify next?

  1. 1DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 2 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

$1,680,000

31 Jan 2026 · derived via latest_sale

Local land rate: recorded House sales in Taylors Lakes (last 5 years) with land size have a median of $1,463/m² of land (n=135). Districts calculation from recorded sales — not a valuation.

Taylors Lakes at a glance

15,232

People

$1,000,000

Median sale

$558/wk

Median rent

2.90%

Suburb gross yield

Median sale from 127 recorded sales (last 12 months) — a Districts calculation.

See the full Taylors Lakes report →

Vs Taylors Lakes

+68.0%

Median sale

Suburb $1,000,000

-1.17 pp

Gross yield

Suburb 2.90%

Suburb median $1,000,000 from 127 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

ZN

Zone

NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 1

NRZ1

Jurisdiction

Brimbank

Brimbank, VIC

Official property report

The original government planning document for this property. Sign in to view or download the PDF. Districts facts are a separate GIS extract and may not include every statement in the report.

Planning overlays

  • DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 2Detected — 99.8% of parcel

Development activity

Data unavailable

Source

  • Provider: Vicmap Planning
  • Dataset: PLAN_ZONE
  • Retrieved: 2 Sept 2026
  • Version: 1
  • Parcel: 52400611

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$1,680,00031 Jan 2026
  2. Listedprice unknowncompleted25 Dec 2025
  3. Listedprice unknowncompleted25 Dec 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 NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 1 · NRZ1 (ZN). Official parcel area about 790 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 790 m² — land size can look like optionality. What reduces it: DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 2. This overlay can reduce what the land size appears to promise. 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 $558/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 NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 1 · NRZ1 (ZN). Official parcel area about 790 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 790 m² — land size can look like optionality. What reduces it: DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 2. This overlay can reduce what the land size appears to promise.

  • 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

Taylors Lakes in one glance

Taylors Lakes at a glance

15,232

People

$1,000,000

Median sale

$558/wk

Median rent

2.90%

Suburb gross yield

Median sale from 127 recorded sales (last 12 months) — a Districts calculation.

See the full Taylors Lakes report →

Keep researching

  • Why Taylors Lakes? Read the area thesis →
  • What else is on the market in Taylors Lakes →
  • Other records on Palmerston Cres →

Listing material

Listed by Barry Plant Taylors Lakes

First Class Executive Living - Luxury & Timeless Elegance.

Beyond a striking wrought-iron entry, this simply beautiful home delivers high-end finishes, advanced home technology and gracefully curated spaces to deliver a home of exceptional comfort and refinement. You are welcomed by a wide entry with high ceilings, Versace designer tiling throughout and a floorplan designed for modern family living.

Upstairs, the indulgent master bedroom features a hotel-style spa ensuite and custom walk-in robe, three extra large fitted bedrooms serviced by a superb bathroom, and a light-filled spacious retreat/living area. A potential fifth bedroom on the lower level provides great versatility - ideal for guests, multi-generational living or an extra leisure room.

Families will love the simply stunning French provincial kitchen with custom cabinetry, marble stone benchtops, top of the range Smeg 7 burner stove with double oven, Teppanyaki plate, commercial grade 90-second dishwasher, integrated fridge and generous walk-in butler's pantry, with an open plan meals/dining and family living zone complete with built-in surround sound system, an elegant formal living room and dedicated study with custom cabinetry.

Read the full description

An enclosed Alfresco/outdoor entertaining room features a fully equipped kitchen, split system and access to a dual entry powder room, opening to the landscaped back garden with custom shed, herb garden and vegie patch.

Endless extras include: three zoned refrigerated cooling and heating systems, specialised air extraction system, an advanced C-Bus smart home automation hub enabling full control of shutters, blinds, curtains, lighting, fans, CCTV security and the garage door from either the wall panels or your smartphone, electronics hub-room, and mood/sensor lighting. Luxury continues with imported Swarovski chandeliers, including a spectacular centrepiece - an elegant and truly unique feature.

Perfectly located just minutes from Watergardens, Overnewton College, and freeway access. It truly is an exceptional residence of the highest quality, delivering elegance, luxury and family comfort. You can now make it yours.

*ONSITE & ONLINE AUCTION-BIDDING BY REGISTRATION ONLY*

This auction will be conducted onsite and online. Please contact the selling agent to register your interest and intention to bid at our scheduled auction.

Listing description written by Las Anastasiadis, Barry Plant Taylors Lakes — reproduced as published, not verified by Districts.

Property features

  • Alarm System
  • Built-in Robes
  • Ensuites: 1
  • Intercom
  • Living Areas: 3
  • Remote Garage
  • Study
  • Toilets: 3

Also look at

Also for sale in Taylors Lakes

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  • 4/45 Wentworth Dr, Taylors Lakes VIC 3038

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  • 15 Truro Cres, Taylors Lakes VIC 3038

    3-bed house. Asking $850K–$900K.

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  • 17C Wentworth Dr, Taylors Lakes VIC 3038

    3-bed townhouse. Asking $580K–$620K.

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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.