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VIC › Point Cook › Saltwater Promenade

186 Saltwater Promenade, Point Cook VIC 3030

For saleHouse for Sale

$700,000–$750,000

For sale

Asking range

4

Bedrooms

2

Bathrooms

2

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $700,000–$750,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $700,000–$750,000(Listing record · 14 Aug 2026)
  • CalculationAsk is 14% below the Point Cook median recorded sale ($815,000, n=113, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Point Cook's advertised median rent ($529/wk), implied gross yield would be 3.93% — 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

$700,000–$750,000

Asking range

No recorded sale for this property.

Point Cook at a glance

72,239

People

$815,000

Median sale

$529/wk

Median rent

3.38%

Suburb gross yield

Median sale from 113 recorded sales (last 12 months) — a Districts calculation.

See the full Point Cook report →

Vs Point Cook

-14.1%

Median sale

Suburb $815,000

+0.55 pp

Gross yield

Suburb 3.38%

Suburb median $815,000 from 113 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$700,000
Stamp Duty (Victoria)
$37,070
Transfer/Registration Fee
$1,742
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
$742,512

$42,512 on top of the price (6.1% 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

Based on the low end of the asking range, not a contract price.

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

Net yield
2.43%
Annual cashflow (pre-tax)
$-19,392
Interest cover (DSCR)
0.47
Annual rent
$27,508
Operating expenses
$10,500
Loan amount
$560,000
Annual interest
$36,400
Gross yield
3.93%

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$700,000–$750,000available14 Aug 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 $529/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 3.9%. 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

Point Cook in one glance

Point Cook at a glance

72,239

People

$815,000

Median sale

$529/wk

Median rent

3.38%

Suburb gross yield

Median sale from 113 recorded sales (last 12 months) — a Districts calculation.

See the full Point Cook report →

Keep researching

  • Why Point Cook? Read the area thesis →
  • What else is on the market in Point Cook →
  • Other records on Saltwater Promenade →

Listing material

Listed by Stockdale & Leggo Laverton/Altona/Point Cook

Family Living Close to Shops, Schools & Transport in Point Cook

Step into comfort, convenience, and community at 186 Saltwater Promenade, Point Cook - a thoughtfully designed home nestled in one of the most desirable neighbourhoods in the west. This modern 4-bedroom, 2-bathroom residence with a rear double garage is beautifully presented and ready for its next proud owner.

Perfectly suited for growing families, professionals, or those looking to invest in a thriving location, this home combines modern living with unbeatable lifestyle amenities - all within walking distance. This property has a potential to yield approximately $580 a week rental return making it an ideal investment.

Spacious and Functional Living

Read the full description

From the moment you enter, you'll be greeted by a calming, light-filled ambience. At the front of the home, a tranquil courtyard creates a picturesque setting - perfect for enjoying morning coffee, reading in the sun, or catching up with loved ones in privacy.

Inside, the open plan living and dining area flows effortlessly into a well-appointed kitchen with ample storage, and a spacious pantry make both cooking and hosting a breeze. The heart of the home is complemented by a second living zone at the rear, which opens onto the backyard - a great space for family movie nights, entertaining, or enjoying the outdoors with ease.

Comfort in Every Corner

• The master bedroom offers a peaceful retreat with a spacious walk-in robe and private ensuite featuring contemporary fixtures.

• The remaining three bedrooms are generously sized and fitted with built-in robes, offering comfort and convenience for the whole family.

• A stylish central bathroom complete with a bathtub, along with a separate laundry and powder room, caters to the needs of a busy household.

• Ducted heating and cooling throughout the property ensures year-round climate control, and blinds fitted across all windows offer privacy and style.

Outdoor Ease & Modern Finishes

Designed for easy living, the front and rear yards are fully landscaped with low-maintenance finishes, allowing more time for leisure and less on upkeep. The double garage, accessible from the rear, adds practicality and security.

Unmatched Location Benefits

Positioned in one of Point Cook's most family-friendly estates, this property places you in walking distance to everyday essentials and lifestyle luxuries:

• Only 4 minutes' walk to Saltwater Shopping Hub, including a medical centre, cafes, and essential stores

• 6 minutes' drive to Saltwater P-9 College - an IB (International Baccalaureate) World School offering a strategic and future-focused curriculum

• Walking distance to Saltwater Swim School, perfect for families with young children or fitness enthusiasts

• Surrounded by lush green spaces, including the iconic Crocodile Park, Brookdale Road Reserve, Middleton Drive Parklands, and Saltwater Reserve and Oval - the ideal setting for sports, family picnics, and weekend strolls

A Home That Ticks All the Boxes

Whether you're looking for the perfect family haven or a low-maintenance investment in a thriving location, 186 Saltwater Promenade is a must-see. This is a home that not only offers modern comfort and style but also places you in a community built for lifestyle and growth.

Contact us today to arrange a private inspection or find out more about this exceptional opportunity in the heart of Saltwater Estate.

Disclaimer:

Please note that all information in this advertisement is accurate to the best of our knowledge. We recommend interested parties undertake their due diligence, please refer to the following link: http://www.consumer.vic.gov.au/duediligencechecklist. Open for inspection times are subject to change; please check online on the day for the latest information.

Listing description written by Sunny Kumar, Stockdale & Leggo Laverton/Altona/Point Cook — reproduced as published, not verified by Districts.

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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.