Cardigan at a glance
3,086
People
$587,000
Median sale
$512/wk
Median rent
4.54%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
VIC › Cardigan › Remembrance Dr
4
Bedrooms
2
Bathrooms
11
Car spaces
8,000 m²
Land
Districts View
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 Cardigan (last 5 years) with land size have a median of $376/m² of land (n=25). Districts calculation from recorded sales — not a valuation.
Cardigan at a glance
3,086
People
$587,000
Median sale
$512/wk
Median rent
4.54%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Planning
Planning scheme
ZN
Zone
TRANSPORT ZONE 2 - PRINCIPAL ROAD NETWORK
TRZ2
Jurisdiction
Ballarat
Ballarat, 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.
The official layer maps a flood zone on this parcel, intersecting about 17.7% of it (Vicmap Planning, retrieved 31 Aug 2026). Verify the extent against the title before relying on unaffected land.
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 TRANSPORT ZONE 2 - PRINCIPAL ROAD NETWORK · TRZ2 (ZN). Official parcel area about 404,735 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision looks constrained (often the rear or handle of the lot). 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.
17.7% of the official parcel intersects the loaded flood overlay. Layer: FLOODWAY OVERLAY. That is a finance, insurance, and rentability screen — distinct from whether the land can be subdivided. It is not a flood certificate or an insurer quote. Flood overlay on a material share of the lot can kill a rear-lot or battleaxe subdivision story. Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Official parcel about 404,735 m² — land size can look like optionality. What reduces it: FLOODWAY OVERLAY; ENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 2; EROSION MANAGEMENT OVERLAY. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $512/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. Flood on or flagged for this lot can discount tenant demand versus a dry comparable.
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
This looks more like a hold-as-is house than a development site. Flood on the lot is the first thing to price.
Detail
Official parcel about 404,735 m² — land size can look like optionality. What reduces it: FLOODWAY OVERLAY; ENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 2; EROSION MANAGEMENT OVERLAY. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.
Nearby competing dwellings and net yield are still unknown.
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.
4 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned TRANSPORT ZONE 2 - PRINCIPAL ROAD NETWORK · TRZ2 (ZN). Official parcel area about 404,735 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision looks constrained (often the rear or handle of the lot). 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 404,735 m² — land size can look like optionality. What reduces it: FLOODWAY OVERLAY; ENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 2; EROSION MANAGEMENT OVERLAY. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.
Lot-level flood
Knownmedium17.7% of the official parcel intersects the loaded flood overlay. Layer: FLOODWAY OVERLAY. That is a finance, insurance, and rentability screen — distinct from whether the land can be subdivided. It is not a flood certificate or an insurer quote.
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
Cardigan at a glance
3,086
People
$587,000
Median sale
$512/wk
Median rent
4.54%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White BallaratSet on an expansive 2 acres of pristine land in the coveted area of Cardigan, this breathtaking property presents an unparalleled blend of functionality and vast open spaces for every lifestyle desire. Just minutes from Lucas Town Centre and within a short drive of Ballarat's amenities, including quality primary schools, Ballarat High School, Wendouree Train Station, Freeway access, and premier sporting facilities like the Ballarat Golf Club, this estate is an exclusive sanctuary within reach of it all.
Arriving through a secure electric gate, the fully fenced frontage leads you to a stunning double-bricked home that exudes sophistication and comfort. Stepping inside, a welcoming foyer introduces you to expansive living spaces, perfect for family gatherings or peaceful relaxation. A formal front living area invites abundant natural light, setting a serene tone for the rest of the home, while a second, larger living area at the rear offers sweeping views of the backyard-a perfect haven for both day-to-day family life and entertaining.
At the heart of this home is the chef's dream kitchen, fitted with stone benchtops, an electric cooktop, 600mm oven, integrated dishwasher, and custom-built features like automated sensor lighting and built-in bins. A truly expansive walk-in pantry and plentiful storage ensure your kitchen remains both beautiful and impeccably organized. The adjacent dining area flows seamlessly into the main living zones, creating a space that is both intimate and generous.
The master bedroom, a suite of grand proportions, offers a private sanctuary within the home. It features a ceiling fan, spacious walk-in robe, and a incredibly generous ensuite with corner spa, shower, vanity, and toilet. For those who love indoor-outdoor living, the master suite offers direct access to the outdoor entertaining zone, perfect for quiet morning coffees or evening relaxation under the stars. There are a further two generously sized bedrooms that come equipped with built-in robes, offering plenty of storage, and an additional room near the entry is versatile, ideal as a fourth bedroom, study, or alternative living space. The main bathroom, centrally located, offers both a bath and shower with a separate vanity, while a second toilet conveniently resides within the spacious laundry zone at the rear.
This incredible family home modern amenities for ultimate comfort, including ducted zoned central heating, a hardwired alarm system, double glazing in some areas, and exceptional storage throughout, ensuring every corner of this home is as functional as it is beautiful.
Outdoor spaces are nothing short of extraordinary, beginning with an enormous, multifunctional shed equipped with 3-phase power, with multiple outlets, and divided into three sections. Under one expansive roof, you'll find an 11.6m x 11.9m area with high roller door access, a separate toilet and basin, gas heating, and a workshop section of 7m x 3.9m with split-system for year-round comfort. Additionally, a 11.6m x 11.5m rear section provides further storage with roller door access. This setup is perfect for those who need substantial workspace, storage, or facilities for a home business.
The property offers mains power, gas and sewer so all connections and services are already set up and in place. The garden surrounds are both beautiful and practical, with an irrigation system set up to run on either mains water or bore-fed tank water, which is set up to fill all 3 tanks from the bore, then you can pump the water to the irrigation system. Whether you're hosting an outdoor gathering or enjoying quiet time in the nature corridor that surrounds the property, the options for enjoying this space are endless. There's even a purpose-built dog run and extensive shedding designed specifically for animal care, perfect for families who prioritize pet-friendly features.
Whether you're seeking the ideal family oasis, an impressive downsizing option from larger acreage, or a flexible space for hobbies, home business or relocating your business to one locale, or just enjoying the grand life, this property truly offers it all. Experience the expansive, detailed lifestyle that only a property of this caliber can provide.
Arrange your private inspection with the exclusive listing agent, Jo Thornton, at 0409 356 478, and take the first step toward calling this magnificent property your own. An opportunity like this doesn't come often-your dream home awaits!
Listing description written by Jo Thornton, Ray White Ballarat — reproduced as published, not verified by Districts.