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VIC › Cairnlea › Waterview Dr

15 Waterview Dr, Cairnlea VIC 3023

House

5

Bedrooms

2

Bathrooms

2

Car spaces

655 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLand 655 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Cairnlea (last 5 years) with land size: median $2,013/m² of land (n=72). 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 Cairnlea (last 5 years) with land size have a median of $2,013/m² of land (n=72). Districts calculation from recorded sales — not a valuation.

Cairnlea at a glance

10,035

People

$876,500

Median sale

$549/wk

Median rent

3.26%

Suburb gross yield

Median sale from 28 recorded sales (last 12 months) — a Districts calculation.

See the full Cairnlea 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 unknown15 May 2025
  2. Listedprice unknowncompleted14 May 2025
  3. Listedprice unknowncompleted14 May 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?

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 $549/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

Cairnlea in one glance

Cairnlea at a glance

10,035

People

$876,500

Median sale

$549/wk

Median rent

3.26%

Suburb gross yield

Median sale from 28 recorded sales (last 12 months) — a Districts calculation.

See the full Cairnlea report →

Keep researching

  • Why Cairnlea? Read the area thesis →
  • What else is on the market in Cairnlea →
  • Other records on Waterview Dr →

Listing material

Listed by Ray White West Realty

What A View On Waterview!

West Realty proudly presents 15 Waterview Drive, Cairnlea - a spacious and immaculately designed family home that takes full advantage of its prized lakefront position. With generous proportions, multiple living zones, and an unbeatable location, this residence is perfectly suited for growing families seeking space, flexibility, and a lifestyle upgrade in one of Cairnlea's most prestigious pockets.

Step inside and be welcomed by an elegant formal lounge at the front of the home, offering a private space to relax or entertain. The expansive open-plan kitchen, meals and family living zone at the rear is the true heart of the home, complete with a large island bench, quality appliances and ample storage. This light-filled space flows seamlessly out to a generous undercover outdoor entertaining area, perfect for hosting guests or simply soaking in the views of the lake just beyond your backyard.

A versatile study or optional fifth bedroom on the ground floor provides the ideal work-from-home setup or guest accommodation, while a convenient powder room and full-sized laundry complete the lower level.

Read the full description

Upstairs, four generously sized bedrooms provide ample accommodation for the whole family. The oversized master suite includes a walk-in robe and private ensuite, with the remaining bedrooms (all with built-in robes) serviced by a well-appointed central bathroom and additional separate toilet.

Additional features include a remote double garage with internal access, ample storage throughout, and beautifully manicured gardens framing the home's impressive street appeal.

Located in the highly sought-after Cairnlea estate, this lakefront property is within walking distance to Cairnlea Town Centre, Cairnlea Park Primary School, Brimbank Shopping Centre, Victoria University St Albans Campus, and public transport including Ginifer Train Station. Enjoy easy access to the Western Ring Road, Sunshine Hospital, and nearby walking trails and parklands.

Listing description written by Cameron Vurovecz, Ray White West Realty — reproduced as published, not verified by Districts.

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.