Casterton at a glance
1,578
People
$320,000
Median sale
$347/wk
Median rent
5.64%
Suburb gross yield
Median sale from 47 recorded sales (last 12 months) — a Districts calculation.
VIC › Casterton › Menzies Ln
$1,680,000
Last sold
19 Mar 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
612,000 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
$1,680,000
19 Mar 2024 · derived via latest_sale
Local land rate: recorded House sales in Casterton (last 5 years) with land size have a median of $304/m² of land (n=68). Districts calculation from recorded sales — not a valuation.
Casterton at a glance
1,578
People
$320,000
Median sale
$347/wk
Median rent
5.64%
Suburb gross yield
Median sale from 47 recorded sales (last 12 months) — a Districts calculation.
Vs Casterton
+425.0%
Median sale
Suburb $320,000
-4.57 pp
Gross yield
Suburb 5.64%
Suburb median $320,000 from 47 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
FARMING ZONE - SCHEDULE 1
FZ1
Jurisdiction
Glenelg
Glenelg, 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.
The official layer maps a bushfire risk zone on this parcel, intersecting about 22.1% of it (Vicmap Planning, retrieved 31 Aug 2026). Verify the extent against the title before relying on unaffected land.
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 FARMING ZONE - SCHEDULE 1 · FZ1 (ZN). Official parcel area about 615,302 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. Official parcel about 615,302 m² — land size can look like optionality. What reduces it: ENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 3; BUSHFIRE MANAGEMENT OVERLAY. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $347/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 FARMING ZONE - SCHEDULE 1 · FZ1 (ZN). Official parcel area about 615,302 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?
KnownlowOfficial parcel about 615,302 m² — land size can look like optionality. What reduces it: ENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 3; BUSHFIRE MANAGEMENT OVERLAY. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.
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
Casterton at a glance
1,578
People
$320,000
Median sale
$347/wk
Median rent
5.64%
Suburb gross yield
Median sale from 47 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Nutrien Harcourts CastertonThe team at Nutrien Harcourts Casterton are proud to present you Bandora - a remarkable once in a lifetime opportunity to acquire the ultimate lifestyle property consisting on 61.2HA / 151.22 Acres, less than 10 minutes to Casterton and 40 minutes to Mount Gambier.
Picturesque, productive redgum country with exceptional horse facilities for the equine enthusiast.
The residence is nothing short of amazing, nestled back off the road for privacy, ensuring a tranquil magnificent rural outlook over Bandora, from every window in the home. This stunning brick veneer home consists of 4 generous bedrooms, the master with ensuite and walk in robe. 2 of the remaining bedrooms also offering built in robes. The 4th bedroom is semi-detached, with access via the alfresco area. This is a very versatile room, with many functions, along with the obvious being a bedroom, it would make a great home business space, studio, home salon, visitors, teenagers or grandparent retreat.
The heart of the home is most definitely the spacious open plan kitchen, dining and living area. The warm welcoming, rustic elegance this space offers, instantly making you feel at home.
The kitchen provides an abundance of bench space and storage, 5 burner gas cooktop, electric oven, double sink and dishwasher, whilst the island bench overlooks the impressive living area. Here you will find the free standing woodfire place, split system A/C to ensure your comfort year-round, and the stunning polished timber floors that flow through this space are certainly a focal point. Double French doors lead you onto the wrap around veranda and sliding door out into the expansive outdoor all weather alfresco entertainment area. The ultimate space for the entertainer, large family gatherings or just to relax and unwind after a long day.
The main bathroom with bath, shower, vanity and the toilet is separate for your convenience.
There are 2 x single enclosed car garages. One under the main roof and the other at the rear of the home.
The residence all set within a low maintenance attractive post and rail enclosed yard, with sweeping lawns and a few well-established trees.
The property is well fenced into approximately 13 paddock - 7 smaller paddocks specifically for the horses with tree studded laneways. Water supplied by good dams, a bore and rainwater. With regular fertiliser history, the pastures consisting predominately of Clover, Phalaris, and native grasses. There are multiple sheds for machinery, horse floats etc along with a shipping container for additional storage and 4x dog runs. A handy set of steel cattle yards with crush and loading ramp for all your cattle handling needs.
Horse facilities-
• 73m2 x 40m2 all-weather arena
• 3 - 3.6m2 x 10m2 stables
• 4 - tie up bays
• Tackroom
• Washbay
• Round yard
• 7 x specific horse safe fenced paddocks
• 14m2 x 8.6m2 float / machinery/ hayshed
An inspection of this magnificent property is sure to impress.
Listing description written by Sarah Thompson, Nutrien Harcourts Casterton — reproduced as published, not verified by Districts.