Cobblebank at a glance
5,549
People
$647,000
Median sale
$493/wk
Median rent
3.96%
Suburb gross yield
Median sale from 81 recorded sales (last 12 months) — a Districts calculation.
VIC › Cobblebank › Macalister Grove
$698,500
Last sold
5 Aug 2026
4
Bedrooms
2
Bathrooms
2
Car spaces
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
$698,500
5 Aug 2026 · derived via latest_sale
Cobblebank at a glance
5,549
People
$647,000
Median sale
$493/wk
Median rent
3.96%
Suburb gross yield
Median sale from 81 recorded sales (last 12 months) — a Districts calculation.
Vs Cobblebank
+8.0%
Median sale
Suburb $647,000
-0.29 pp
Gross yield
Suburb 3.96%
Suburb median $647,000 from 81 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
URBAN GROWTH ZONE - SCHEDULE 3
UGZ3
Jurisdiction
Melton
Melton, 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 URBAN GROWTH ZONE - SCHEDULE 3 · UGZ3 (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. The listing may look cheap relative to land or the street. What reduces it: DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 3. This overlay can reduce what the land size appears to promise. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $493/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 URBAN GROWTH ZONE - SCHEDULE 3 · UGZ3 (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.
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?
KnownlowThe listing may look cheap relative to land or the street. What reduces it: DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 3. This overlay can reduce what the land size appears to promise.
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
Cobblebank at a glance
5,549
People
$647,000
Median sale
$493/wk
Median rent
3.96%
Suburb gross yield
Median sale from 81 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Local Expertz RealtyDelivering space, style, and exceptional family functionality, this beautifully presented east-facing residence in the highly sought-after Atherstone Estate offers an outstanding lifestyle opportunity in one of Melbourne's fastest-growing western corridors.
Set on an impressive 448m² allotment with an approximately 28-square floorplan, this quality-built home has been thoughtfully designed to accommodate growing families who value both luxury and practicality.
From the moment you enter, you are welcomed by wide open spaces, abundant natural light, and a flowing layout that creates warmth and comfort throughout the home.
Comprising four generously sized bedrooms with built-in robes, the luxurious master suite features a walk-in robe and private ensuite, while multiple living zones provide flexibility for the entire family. A dedicated theatre room adds the perfect space for movie nights, a kids' retreat, or entertaining guests.
At the heart of the home is the stunning designer kitchen featuring a huge walk-in pantry, quality appliances, ample storage, and an expansive open-plan living and dining area that seamlessly connects to the covered alfresco - perfect for year-round entertaining.
Adding further appeal, the extended double garage has been enhanced with mirrors, creating a versatile space ideal for a home gym, dance studio, fitness area, or additional multipurpose use.
Property Features:
• East-facing home on approximately 448m² land
• Approx. 27 squares of spacious family living
• Exposed aggregate driveway with additional parking for two vehicles
• 4 generous bedrooms with built-in robes
• Master bedroom with walk-in robe and ensuite
• Dedicated theatre room plus multiple living areas
• Designer kitchen with huge walk-in pantry
• Spacious open-plan living and dining area
• Covered alfresco entertaining area
• Extended double garage with mirrors installed for gym or dance studio setup
• Additional powder room for guest convenience
• Ducted heating and evaporative cooling throughout
• Concrete pathways surrounding the home for low-maintenance living
• Approx. 10m² heavy-duty storage shed at the rear
• Low-maintenance front and rear landscaping
• Filled with natural light throughout the home
Ideally positioned within close proximity to Cobblebank Station, schools, shopping centres, cafes, parklands, and major sporting facilities including football grounds, soccer fields, hockey facilities, and running tracks.
Located within the prestigious Atherstone Estate and surrounded by rapidly growing infrastructure, this exceptional property also offers convenient access to Melton South, Rockbank, Woodlea, and Melbourne CBD via approximately 38-minute train access to Southern Cross Station.
A perfect opportunity for owner-occupiers and investors alike to secure a quality family home in a thriving lifestyle location.
Inspect with confidence.
Listing description written by Jesse Singh, Local Expertz Realty — reproduced as published, not verified by Districts.