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VIC › Charlemont › Kneebone Pl

2 Kneebone Pl, Charlemont VIC 3217

For saleHouse for Sale

$540,000–$560,000

For sale

Asking range

3

Bedrooms

2

Bathrooms

1

Car spaces

294 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $540,000–$560,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $540,000–$560,000(Listing record · 19 Oct 2023)
  • FactLand 294 m²; no building size recorded.(Property record)
  • CalculationAsk is 15% below the Charlemont median recorded sale ($632,250, n=88, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Charlemont's advertised median rent ($584/wk), implied gross yield would be 5.62% — 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

$540,000–$560,000

Asking range · $1,837/m² of land

No recorded sale for this property.

Charlemont at a glance

5,613

People

$632,250

Median sale

$584/wk

Median rent

4.80%

Suburb gross yield

Median sale from 88 recorded sales (last 12 months) — a Districts calculation.

See the full Charlemont report →

Vs Charlemont

-14.6%

Median sale

Suburb $632,250

+0.82 pp

Gross yield

Suburb 4.80%

Suburb median $632,250 from 88 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
$540,000
Stamp Duty (Victoria)
$27,470
Transfer/Registration Fee
$1,368
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
$572,538

$32,538 on top of the price (6.0% 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 Charlemont's advertised median rent — not a rent for this listing.

Net yield
4.12%
Annual cashflow (pre-tax)
$-5,812
Interest cover (DSCR)
0.79
Annual rent
$30,368
Operating expenses
$8,100
Loan amount
$432,000
Annual interest
$28,080
Gross yield
5.62%

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$540,000–$560,000available19 Oct 2023

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 $584/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 5.6%. 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

Charlemont in one glance

Charlemont at a glance

5,613

People

$632,250

Median sale

$584/wk

Median rent

4.80%

Suburb gross yield

Median sale from 88 recorded sales (last 12 months) — a Districts calculation.

See the full Charlemont report →

Keep researching

  • Why Charlemont? Read the area thesis →
  • What else is on the market in Charlemont →
  • Other records on Kneebone Pl →

Listing material

Listed by Armstrong Real Estate Geelong

Perfect first-home opportunity with huge backyard!

Unveil a new chapter of easy living with this entry-level property, featuring a spacious low-maintenance backyard that's ready for your personal enjoyment. Nestled in a quiet yet advantageous location, it's a haven with great access to walking tracks and a park. Embrace the outdoors with a big backyard that invites relaxation and possibilities. It's your canvas to create a private retreat for entertaining for family, gardening, or simply unwinding in the fresh air.

Enjoy the peace of mind that comes with a neat and flowing floorplan, designed for simplicity and comfort. Every corner is a testament to easy living, making this property the perfect starting point for your homeownership journey. Revel in the tranquility of your surroundings. This home is strategically located to provide great access to walking tracks and a nearby park, ensuring a peaceful and active lifestyle at your doorstep. Experience the advantage of an entry-level property that doesn't compromise on quality or convenience. It's not just a home; it's a promise of an effortless and enjoyable lifestyle.

Kitchen: 20mm stone benchtop with breakfast bar overhang, 900mm stainless steel gas cooktop, oven & rangehood, built in pantry, overhead cabinetry, tile splash back, double bowl sink, chrome fittings, microwave cavity, timber laminate flooring.

Read the full description

Living: Open plan kitchen/living/dining, timber laminate flooring, sliding glass doors through to sun-exposed decked alfresco, roller blinds, ducted heating, evaporative cooling.

Master Bedroom: Feature windows, walk in robe, carpet, powerpoints roller blinds, ducted heating, evaporative cooling.

Ensuite: Semi-frameless shower, hand-held shower head, single vanity, chrome fittings, ample storage, open toilet, tiles.

Additional two bedrooms: Evaporative cooling, built in robes, carpet, powerpoints, roller blinds, ducted heating.

Main bathroom: Single basin and vanity, ample storage, semi frameless shower with hand held shower head, bath, tiles, separate toilet.

Outdoor: Sun-exposed decked alfresco, low maintenance synthetic grass, clothes line, singe side-gate access, single car lockup garage with internal access.

Mod cons: Timber laminate flooring, ducted heating and evaporative cooling throughout, European laundry with trough, stone benchtop, neutral colour palette, low-maintenance front and backyard.

Ideal for: Couples, First home buyers, Investors, Downsizers.

Close by local facilities: Warralily Village Shopping Centre, Marshall Train Station, Iona College, Armstrong Creek School, Oberon High School, Geelong, Barwon Heads, Torquay, Armstrong Creek Town Centre, Waurn Ponds Shopping Centre, Waurn Ponds Train Station, Proposed Shopping Centres & Schools

*All information offered by Armstrong Real Estate is provided in good faith. It is derived from sources believed to be accurate and current as at the date of publication and as such Armstrong Real Estate simply pass this information on. Use of such material is at your sole risk. Prospective purchasers are advised to make their own enquiries with respect to the information that is passed on. Armstrong Real Estate will not be liable for any loss resulting from any action or decision by you in reliance on the information. PHOTO ID MUST BE SHOWN TO ATTEND ALL INSPECTIONS*

Listing description written by Sam McLachlan, Armstrong Real Estate Geelong — reproduced as published, not verified by Districts.

Property features

  • Living Areas: 1
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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