Narre Warren South at a glance
31,417
People
$866,500
Median sale
$609/wk
Median rent
3.65%
Suburb gross yield
Median sale from 66 recorded sales (last 12 months) — a Districts calculation.
VIC › Narre Warren South › Lucas Ct
$620,000
Last sold
22 Aug 2023
3
Bedrooms
2
Bathrooms
2
Car spaces
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
$620,000
22 Aug 2023 · derived via latest_sale
Narre Warren South at a glance
31,417
People
$866,500
Median sale
$609/wk
Median rent
3.65%
Suburb gross yield
Median sale from 66 recorded sales (last 12 months) — a Districts calculation.
Vs Narre Warren South
-28.4%
Median sale
Suburb $866,500
+1.46 pp
Gross yield
Suburb 3.65%
Suburb median $866,500 from 66 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
GENERAL RESIDENTIAL ZONE - SCHEDULE 1
GRZ1
Jurisdiction
Casey
Casey, 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.
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 306 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 $609/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 306 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?
KnownmediumNo 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
Narre Warren South at a glance
31,417
People
$866,500
Median sale
$609/wk
Median rent
3.65%
Suburb gross yield
Median sale from 66 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Your Expert Real EstateDon't miss the opportunity to secure this wonderful property! This property is the ideal stepping stone for first-home buyers, downsizers, or astute investors and is ready for you to move straight into. Conveniently located within walking distance to shops, parks, medical centre, transport & schools including Waverley Christian College and Narre Warren South P-12.
This property has so much to offer including:
• Three generously sized bedrooms all fitted with built-in robes.
• Master bedroom features a walk-in robe and ensuite.
• Open plan kitchen overlooks the meals/living area and features a stovetop, oven, and spacious cupboard & pantry space.
• Spacious living room/meals area.
• Main bathroom features a bathtub, shower, and a separate toilet.
• Ducted reverse cycle heating and cooling to keep you comfortable all year round.
• Freshly painted and nearly new flooring.
• 16 Solar panels to help you reduce electricity bills.
• Separate laundry with built-in cupboards and external access.
• Huge pitched undercover pergola area perfect to entertain family & friends.
• Low maintenance front and backyard.
• Double car remote-controlled garage features internal and rear access.
Amberly Park Shopping Centre is located around the corner and can be reached within a 10 minutes walk, Casey Central Shopping Centre is a 5 minutes drive and Westfield Fountain Gate is just 9 minutes away. Many fantastic schools are located nearby including Narre Warren South P-12 College, Strathaird Primary, Trinity Catholic Primary, and Waverly Christian College all within a short drive. Bus stops are located just up the road, Narre Warren Train Station is 7 minutes away, and access to Princess Hwy and Monash Freeway is reached in a short drive.
Chattels: All fittings and fixtures as inspected.
Potential Rental Return: $530-$570 p/week approx.
Due Diligence Checklist: http://www.consumer.vic.gov.au/duediligencechecklist
**PHOTO ID REQUIRED AT ALL INSPECTIONS**
DISCLAIMERS: Every precaution has been taken to establish the accuracy of the above information, however, it does not constitute any representation by the vendor, agent, or agency. Our floor plans are for representational purposes only and should be used as such. We accept no responsibility and disclaim all liability with respect to any errors, omissions, inaccuracies, or misstatements in the property advertisement or property brochure.
Listing description written by Rick Kothari, Your Expert Real Estate — reproduced as published, not verified by Districts.
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