Lancefield at a glance
2,999
People
$723,500
Median sale
$545/wk
Median rent
3.92%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
VIC › Lancefield › Madigan Rd
$620,000
Last sold
21 Feb 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
630 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
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
$620,000
21 Feb 2024 · derived via latest_sale
Local land rate: recorded House sales in Lancefield (last 5 years) with land size have a median of $897/m² of land (n=61). Districts calculation from recorded sales — not a valuation.
Lancefield at a glance
2,999
People
$723,500
Median sale
$545/wk
Median rent
3.92%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
Vs Lancefield
-14.3%
Median sale
Suburb $723,500
+0.65 pp
Gross yield
Suburb 3.92%
Suburb median $723,500 from 20 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
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
VICPlanning 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.
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
No advertised rent is recorded. Suburb median rent $545/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.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
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?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). 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
UnknownDevelopment applications have not been queried 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
Lancefield at a glance
2,999
People
$723,500
Median sale
$545/wk
Median rent
3.92%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Leading Real EstateDiscover Your Dream Family Home!
*** WATCH OUR VIDEO PRESENTATION ***
Nestled in the heart of Lancefield, 19 Madigan Road is your gateway to a lifestyle of convenience and comfort. This exceptional family home is perfectly situated on a generous 630m² lot, offering space, style, and proximity to key amenities that growing families desire.
This spacious residence boasts four generously sized bedrooms, providing ample room for your family to spread out. The master bedroom is a true retreat, featuring a substantial ensuite with an oversized shower and twin vanities, and it conveniently connects to a huge walk-in robe. The remaining three bedrooms are well-appointed, all featuring built-in robes, and they share a central bathroom and a separate toilet.
The layout of this home is designed with your family's needs in mind. With three distinct living zones, there's room for everyone to find their own space. Each living area offers delightful views of the yard, creating a harmonious connection between indoor and outdoor living.
The heart of this home is a spacious, open-plan living area that combines the main living, meals, and kitchen spaces. It's the perfect setting for family gatherings and entertaining. Enjoy the abundance of natural light and the convenience of triple stacking sliding door access to the large backyard, creating a seamless flow between indoors and outdoors. The kitchen is of great size with an abundance of storage and bench space, 900mm stainless steel upright oven and gas cooktop, large fridge cavity and walk in butler style pantry.
Step into your backyard paradise! The yard features gated walk-through access from the side of the home, making it easy to come and go. With ample space for play, you have the freedom to design your outdoor oasis. Whether you dream of a shed (STCA), a spa, a pool, or simply a spacious play area, this yard is your canvas for endless possibilities.
Property Highlights include high ceilings, floating timber laminate flooring, floor to ceiling tiles in ensuite and twin vanity, double car garage with internal access and so much more!
One of the standout features of this property is its prime location. It's just a short stroll to St. Mary's Primary School, making the morning school run a breeze. Plus, the nearby Lancefield Recreation Reserve offers a fantastic place for outdoor activities and community events.
Don't miss your chance to make 19 Madigan Road your forever home. With its spacious lot, family-friendly layout, and proximity to essential amenities, this property checks all the boxes for modern family living.
To schedule a private viewing or learn more about this exceptional property, contact us today. Your dream home in Lancefield awaits!
**PHOTO ID REQUIRED AT OPEN FOR INSPECTIONS**
Listing description written by Trent Mason, Leading Real Estate — reproduced as published, not verified by Districts.