Brookfield at a glance
11,621
People
$621,150
Median sale
$440/wk
Median rent
3.68%
Suburb gross yield
Median sale from 140 recorded sales (last 12 months) — a Districts calculation.
VIC › Brookfield › Lam Way
$535,000
Last sold
1 Nov 2019
5
Bedrooms
2
Bathrooms
2
Car spaces
447 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
$535,000
1 Nov 2019 · derived via latest_sale
Local land rate: recorded Land sales in Brookfield (last 5 years) with land size have a median of $700/m² of land (n=12). Districts calculation from recorded sales — not a valuation.
Brookfield at a glance
11,621
People
$621,150
Median sale
$440/wk
Median rent
3.68%
Suburb gross yield
Median sale from 140 recorded sales (last 12 months) — a Districts calculation.
Vs Brookfield
-13.9%
Median sale
Suburb $621,150
+0.60 pp
Gross yield
Suburb 3.68%
Suburb median $621,150 from 140 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
GENERAL RESIDENTIAL ZONE - SCHEDULE 1
GRZ1
Jurisdiction
Melton
Melton, 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 449 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 $440/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 449 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.
Area
Brookfield at a glance
11,621
People
$621,150
Median sale
$440/wk
Median rent
3.68%
Suburb gross yield
Median sale from 140 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by BigginScott MeltonBiggin & Scott Melton is proud to present to you this brand new house 17 Lam Way, Brookfield.
Immediately impressive, this striking designer home on a 448msq(approx) block redefines luxury. A perfect opportunity for those looking to buy a brand new home. This brilliantly located lets your kids walk to the school. The home comprises a generous open-plan living as a hub for the family, a rumpus for the kids to enjoy which extend out to to backyard that is perfect sitting for long summer barbecues with friends.
A well-equipped kitchen featuring gas cook-top, dishwasher, walk in pantry and ample cupboard and storage spaces.
Families will appreciate this smart, low maintenance designed home, it consists of 5 spacious bedrooms, including a master bedroom with walk-in-robe and en suite, the remaining bedrooms are fitted with build-in-robes and sharing a central bathroom and a separate toilet.
Extras include
- 2.7 M high ceilings
- ducted heating
- LED downlights
- 900mm stainless steel appliances and much more
For further enquiry please Call:
Kin Sawhney: 0435 328 585
Adeel Obaid on 0413 955 288
*Please note photos are for illustration purposes only*
*Photo ID Required At All Inspections*
Please see the below link for an up-to-date copy of the Due Diligence Check List:
http://www.consumer.vic.gov.au/duediligencechecklist
DISCLAIMER: All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent.
Listing description written by Kin Sawhney, BigginScott Melton — reproduced as published, not verified by Districts.
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.