Rockbank at a glance
3,688
People
$620,000
Median sale
$531/wk
Median rent
4.45%
Suburb gross yield
Median sale from 180 recorded sales (last 12 months) — a Districts calculation.
VIC › Rockbank › Western Hwy
$505,000
Last sold
27 June 2019
4
Bedrooms
2
Bathrooms
2
Car spaces
636 m²
Land
Districts View
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
$505,000
27 June 2019 · derived via latest_sale
Local land rate: recorded House sales in Rockbank (last 5 years) with land size have a median of $1,924/m² of land (n=104). Districts calculation from recorded sales — not a valuation.
Rockbank at a glance
3,688
People
$620,000
Median sale
$531/wk
Median rent
4.45%
Suburb gross yield
Median sale from 180 recorded sales (last 12 months) — a Districts calculation.
Vs Rockbank
-18.5%
Median sale
Suburb $620,000
+1.02 pp
Gross yield
Suburb 4.45%
Suburb median $620,000 from 180 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
GENERAL RESIDENTIAL ZONE - SCHEDULE 1
GRZ1
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 GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 604 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. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $531/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 GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 604 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?
KnownmediumOfficial parcel about 604 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
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
Rockbank at a glance
3,688
People
$620,000
Median sale
$531/wk
Median rent
4.45%
Suburb gross yield
Median sale from 180 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Century 21 Paramount Realtors CS361 presents this enormous classical beauty on one of the most convenient locations in Rockbank. Built on a land size of approx. 636m with four spacious bedrooms this double story house offers a lot of space and has the potential for future development.
Location:
• Western highway on the doorstep which will take you straight to the Melbourne CBD and Melbourne Airport.
•Rockbank train station 2 mins.
• Rockbank Primary School 1 km.
•Bacchus Marsh Primary School less than 5 mins.
Features:
•Master bedroom with full En-suite and Walk in Robe.
•One bedroom with En-suite and BIR.
•2 other spacious bedrooms with BIRs.
•Balcony area, that has breathtaking views
•Open plan kitchen with separate dining.
•Separate living and family entertainment areas.
•Spacious laundry with storage.
•Remote car garage with a drive through the carport.
•Backyard with two sheds and veggie patch.
If you need any further information or wish to have a private inspection, please feel free to contact ANDY PANJETA on 0473 774 227 or VORINDER TUREN 0450 082 361
DISCLAIMER: All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent.
Please see the below link for an up-to-date copy of the Due Diligence Check List:
http://www.consumer.vic.gov.au/duediligencechecklist
Listing description written by Andy Panjeta, Century 21 Paramount Realtors CS — reproduced as published, not verified by Districts.
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