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VIC › Cape Woolamai › First Ave

15 First Ave, Cape Woolamai VIC 3925

House

6

Bedrooms

2

Bathrooms

2

Car spaces

585 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLand 585 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Cape Woolamai (last 5 years) with land size: median $1,257/m² of land (n=48). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

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

What this lot has actually traded at

Last sold

No recorded sale price for this property yet.

Local land rate: recorded House sales in Cape Woolamai (last 5 years) with land size have a median of $1,257/m² of land (n=48). Districts calculation from recorded sales — not a valuation.

Cape Woolamai at a glance

2,228

People

$624,000

Median sale

$508/wk

Median rent

4.23%

Suburb gross yield

Median sale from 26 recorded sales (last 12 months) — a Districts calculation.

See the full Cape Woolamai report →

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. Soldprice unknown22 Dec 2020
  2. Listedprice unknowncompleted25 Nov 2020
  3. Listedprice unknowncompleted25 Nov 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?

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 $508/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.

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

Cape Woolamai in one glance

Cape Woolamai at a glance

2,228

People

$624,000

Median sale

$508/wk

Median rent

4.23%

Suburb gross yield

Median sale from 26 recorded sales (last 12 months) — a Districts calculation.

See the full Cape Woolamai report →

Keep researching

  • Why Cape Woolamai? Read the area thesis →
  • What else is on the market in Cape Woolamai →
  • Other records on First Ave →

Listing material

Listed by LJ Hooker Grantville

Enviable Entertainment with Water Views!

The ultimate entertainer awaits! This fantastic opportunity with five bedroom plus study and three living areas in Cape Woolamai is just a short walk from The Colonnades surf beach. You will feel welcomed into this exceptional home featuring light filled rooms, two expansive living areas (plus a third living/multipurpose room) and water views from your back entertainment deck all set on a 585sqm (approx.) allotment.

This incredible home features an extensive open plan kitchen, living and dining area with more than enough room for the whole family. Your modern kitchen boasts stainless steel appliances including dishwasher and plenty of storage. Just a few steps leads you to your huge second living area with bar opening via sliding doors onto the back entertainment deck with views of Westernport Bay.

The first level comprises of the large master bedroom with walk-in-robe and ensuite, the second bedroom with built-in-robes, and, study with robes (which could be utilized as a sixth bedroom). This level also houses family bathroom with large spa bath in addition to shower.

Read the full description

The ground level features bedrooms three and four (both with built-in-robes) and bedroom five with study-nook. These three bedrooms also share their own multi-purpose/third living area, perfect to create your very own media room or man-cave with access to the large remote double garage.

Whether you are looking for a permanent home in a tightly held area, a holiday weekender allowing you to entertain the whole family, or an incredible investment opportunity, this could be the perfect match for you.

Live the true island life with leisurely walks at low tide via the bay beach to the unique pink granite quarry or spend the afternoon in awe at the Pinnacles Lookout, Cape Woolamai offers some of the most incredible hikes in Victoria, explore the entire Cape.

You will also love both the amazing bay and surf beach, being in the only location on the island lucky enough to boast both. Situated within walking distance to the Cape Woolamai shopping hub with incredible, cafes, restaurants and The Wooli General Store or a short stroll along the beach and across the bridge to San Remo, this location cannot be beaten.

Listing description written by Caitlin Cooper, LJ Hooker Grantville — reproduced as published, not verified by Districts.

Property features

  • Ensuites: 1
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.