Carrum at a glance
4,490
People
$1,292,500
Median sale
$603/wk
Median rent
2.43%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
VIC › Carrum › Westley St
2
Bedrooms
1
Bathrooms
1
Car spaces
686 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 Carrum (last 5 years) with land size have a median of $2,260/m² of land (n=17). Districts calculation from recorded sales — not a valuation.
Carrum at a glance
4,490
People
$1,292,500
Median sale
$603/wk
Median rent
2.43%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
Planning
Planning scheme
ZN
Zone
NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 7
NRZ7
Jurisdiction
Kingston (Vic.)
Kingston (Vic.), 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 NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 7 · NRZ7 (ZN). Official parcel area about 242 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: SPECIAL BUILDING OVERLAY. 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 $603/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 NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 7 · NRZ7 (ZN). Official parcel area about 242 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: SPECIAL BUILDING OVERLAY. 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
Carrum at a glance
4,490
People
$1,292,500
Median sale
$603/wk
Median rent
2.43%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Barry Plant ChelseaWhen it comes to premium real estate in the Carrum area you will struggle to go past a large block in the riverside streets.
These streets are very unique and extremely sought after as they run down to the river, are only minutes walk to the beach and vibrant Patterson Lakes shopping village with a choice of restaurants, cafes, supermarkets and schools on offer.
Add to this the fact that you are only minutes walk again to what will be a stunning Carrum station precinct that is close to being completed and this area has so much to offer.
What makes this property so unique is that it is really purely about the land and what can be done with it.
The block is 686m2 ( approx. ) of prime land that has no easements and makes the perfect blank canvas to build your dream home or develop (stca).
Let's be straight up here, it's not about the house. It has been a loved family home but has now seen better days.
This opportunity will be snapped up quickly by an astute buyer with vision for the future.
Listing description written by Luke Howard, Barry Plant Chelsea — reproduced as published, not verified by Districts.