Eastwood at a glance
2,742
People
$640,000
Median sale
$479/wk
Median rent
3.89%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
VIC › Eastwood › Lorimer Dr
3
Bedrooms
2
Bathrooms
3
Car spaces
1,489 m²
Land
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
Last sold
No recorded sale price for this property yet.
Local land rate: recorded House sales in Eastwood (last 5 years) with land size have a median of $719/m² of land (n=57). Districts calculation from recorded sales — not a valuation.
Eastwood at a glance
2,742
People
$640,000
Median sale
$479/wk
Median rent
3.89%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Planning
Planning scheme
ZN
Zone
GENERAL RESIDENTIAL ZONE - SCHEDULE 1
GRZ1
Jurisdiction
East Gippsland
East Gippsland, VIC
Data unavailable
Source
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 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 exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 1,490 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.
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. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $479/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
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.
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
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.”
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
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
KnownmediumZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 1,490 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
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis 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
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
KnownmediumOfficial parcel about 1,490 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownNo DA adapter returned applications for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Eastwood at a glance
2,742
People
$640,000
Median sale
$479/wk
Median rent
3.89%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ashwood & Associates Real EstateImmerse yourself in the serenity of this exquisite family home, a sanctuary for those who appreciate the harmony of quality craftsmanship and natural beauty. Situated moments away from the bustling heart of Bairnsdale and a stone's throw from the local Eastwood Shopping Centre, this property offers both convenience and tranquility.
Nestled on a generous 1489 square metre lot, families will find themselves at home amidst the open-plan living space, where the heart of the house, the kitchen, boasts ample cupboards, top-tier appliances, and a sizeable walk-in pantry. The dining area opens onto a vast verandah/alfresco, complete with natural gas point for barbecuing delights, and a panoramic view that captures the lush greenery and the river's gentle flow.
Privacy is assured, with ornamental pear trees elegantly lining the boundary. The sizeable master bedroom is a retreat in itself, with an ensuite and walk-in wardrobe, while the additional two bedrooms offer substantial space and share the family bathroom. Comfort is ensured year-round with split system heating and air-conditioning.
Outdoor living is elevated to new heights with an Alfresco that can be enjoyed in all seasons, thanks to the strategic placement of outdoor blinds. A large area under the verandah accommodates and protects your caravan or boat, while the large allotment provides ample space for extra trailer storage. There is also a spacious shed/workshop, complete with a toilet for convenience.
Sustainability and economy are not overlooked, with a water tank installed to maintain the attractive yet low-maintenance garden, brimming with fruit and olive trees. The property also features a gate leading to a scenic native walk, a popular walk for locals.
No need to worry about stairs, the home is one one level and carefully designed ramps integrate seamlessly from the home to the garden to ensure easy access without compromising on style.
Additional luxuries include a fire pit for evening entertainment, a traditional brick pizza oven, ducted vacuuming, and the peace of mind that comes with double-glazed windows. This is more than just a house, it's a lifestyle waiting to be cherished.
To inspect this property, telephone Kim Ashwood on 0421 868 147 or Kane Ashwood on 0439036412 at Ashwood & Associates Real Estate.
Property Code: 297
Listing description written by Kim Ashwood, Ashwood & Associates Real Estate — reproduced as published, not verified by Districts.