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VIC › Hamilton › Shanahan Ct

15 Shanahan Ct, Hamilton VIC 3300

For saleHouse for Sale

$560,000

For sale

Asking

3

Bedrooms

1

Bathrooms

2

Car spaces

984 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $560,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $560,000(Listing record · 29 Apr 2026)
  • FactLand 984 m²; no building size recorded.(Property record)
  • CalculationAsk is 33% above the Hamilton median recorded sale ($421,450, n=52, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Hamilton's advertised median rent ($398/wk), implied gross yield would be 3.70% — this is not a rent for this listing.(Districts scenario calculation)

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

The ask against the evidence

Asking

$560,000

Asking · $569/m² of land

No recorded sale for this property.

Hamilton at a glance

10,301

People

$421,450

Median sale

$398/wk

Median rent

4.91%

Suburb gross yield

Median sale from 52 recorded sales (last 12 months) — a Districts calculation.

See the full Hamilton report →

Vs Hamilton

+32.9%

Median sale

Suburb $421,450

-1.21 pp

Gross yield

Suburb 4.91%

Suburb median $421,450 from 52 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$560,000
Stamp Duty (Victoria)
$28,670
Transfer/Registration Fee
$1,415
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$593,785

$33,785 on top of the price (6.0% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Hamilton's advertised median rent — not a rent for this listing.

Net yield
2.20%
Annual cashflow (pre-tax)
$-16,824
Interest cover (DSCR)
0.42
Annual rent
$20,696
Operating expenses
$8,400
Loan amount
$448,000
Annual interest
$29,120
Gross yield
3.70%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

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. Listed$560,000available29 Apr 2026

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 $398/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

Gross yield if leased at the suburb aggregate is 3.7%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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

Hamilton in one glance

Hamilton at a glance

10,301

People

$421,450

Median sale

$398/wk

Median rent

4.91%

Suburb gross yield

Median sale from 52 recorded sales (last 12 months) — a Districts calculation.

See the full Hamilton report →

Keep researching

  • Why Hamilton? Read the area thesis →
  • What else is on the market in Hamilton →
  • Other records on Shanahan Ct →

Listing material

Listed by Professionals Hamilton

Well Presented Home

This well presented three bedroom rendered brick home with a dual driveway and an attached carport sits on a generous 984m2 block at the end of Shanahan Court. Set in a popular location, this property offers modern comfort with classic character in close proximity to Monivae College, St Mary's Primary School and Lake Hamilton.

Stepping inside the home, a private foyer leads to a spacious living room with new carpet & curtains, built-in storage cabinets, air conditioning and gas heating. The room provides plenty of natural light with large double glass sliding doors providing a lovely outlook over the front garden.

Three well sized bedrooms also feature new carpet & curtains, the master bedroom includes a built in robe and external glass sliding door access to the backyard, the other two bedrooms include integrated study desks; one with a built in robe.

Read the full description

The practical designed spacious kitchen is equipped with gas cooking, electric wall oven, a dishwasher, plenty of bench space and cupboards, including a spacious walk-in pantry. The separate dining space provides access to a large undercover outdoor area - perfect for entertaining. The laundry is accessed from the kitchen and provides excellent storage and bench space along with external access making it perfectly suited to serve as a mudroom.

A central bathroom with a corner shower, vanity and toilet is supplemented by an additional separate toilet and powder room which has external access for added convenience.

The outside of the property is ready for the next garden enthusiast, featuring well-established trees, a low maintenance garden, multiple raised vegetable beds, a greenhouse and freshwater tank. The yard features ample shade from the established trees and multiple covered spaces - perfect for children or pets. Parking and storage is ample, with a second carport attached to the 9m x 5m enclosed garage/workshop .

This property has been closely held in the same family since it was built in the late 1960's and is move in ready for the owner occupier or perfect for an investor wanting to grow their portfolio.

Please contact us today to arrange an inspection.

Listing description written by Melissa Ferrier, Professionals Hamilton — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Dishwasher
  • Fully Fenced
  • Gas Heating
  • Outdoor Entertaining
  • Toilets: 2
  • Workshop
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.