Lucas at a glance
4,661
People
$646,000
Median sale
$512/wk
Median rent
4.12%
Suburb gross yield
Median sale from 111 recorded sales (last 12 months) — a Districts calculation.
VIC › Lucas › Mcleod Cres
$835,000–$875,000
For sale
Asking range
4
Bedrooms
3
Bathrooms
2
Car spaces
512 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
Asking
$835,000–$875,000
Asking range · $1,631/m² of land
No recorded sale for this property.
Lucas at a glance
4,661
People
$646,000
Median sale
$512/wk
Median rent
4.12%
Suburb gross yield
Median sale from 111 recorded sales (last 12 months) — a Districts calculation.
Vs Lucas
+29.3%
Median sale
Suburb $646,000
-0.93 pp
Gross yield
Suburb 4.12%
Suburb median $646,000 from 111 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Based on the low end of the asking range, not a contract price.
$50,928 on top of the price (6.1% extra)
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.
Based on the low end of the asking range, not a contract price.
Pre-filled with Lucas's advertised median rent — not a rent for this listing.
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.
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 $512/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.
Gross yield if leased at the suburb aggregate is 3.2%. 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
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
Lucas at a glance
4,661
People
$646,000
Median sale
$512/wk
Median rent
4.12%
Suburb gross yield
Median sale from 111 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Buxton BallaratOffering an impressive combination of space, functionality and flexibility, 20 McLeod Crescent is a near-new purpose-built residence delivering approximately 27 squares of thoughtfully designed living on a generous 512m² allotment. Built by Vish Homes, this exceptional property offers a practical family floor plan with the rare advantage of a fully equipped second commercial kitchen, ideal for large families, entertainers or those looking to operate a catering business from home.
Perfectly positioned in popular Lucas, the home enjoys public open space directly opposite, with a park at the end of the street. Lucas' shopping, schools, childcare, sporting facilities and everyday amenities are all conveniently close by.
Inside, high ceilings and multiple living zones create a spacious and inviting atmosphere. A formal lounge sits at the front of the home, while the open-plan kitchen, meals and living area forms the heart of the residence, featuring a statement electric fire, generous storage and stone hearth. A versatile sunroom provides a third living space, while reverse-cycle ducted heating and cooling ensures year-round comfort.
The main kitchen is well equipped with a 900mm gas cooktop, oven and dishwasher, while the fully separate commercial kitchen is a standout feature, complete with a second oven, massive industrial rangehood, storage room and double commercial sink. Direct garage access makes this space exceptionally practical for anyone operating a catering business or simply wanting additional cooking and entertaining facilities.
Accommodation comprises four large bedrooms, including two with ensuites, alongside three bathrooms and three toilets. Bedroom three has clever two-way access with a connecting door into the master bedroom, making it perfectly suited to a nursery setup. A dedicated drying cupboard adds further practicality to the home's thoughtfully designed layout, while the floor plan provides excellent flexibility for families at every stage..
Outside, the covered alfresco with bistro blinds provides an ideal setting for entertaining, while 13.5kW solar with battery storage, three-phase power and security cameras add further convenience and efficiency.
Combining generous proportions, exceptional functionality and a truly versatile floor plan, 20 McLeod Crescent is a rare opportunity to secure a near-new family home with outstanding lifestyle and business potential.
Listing description written by Peter Burley, Buxton Ballarat — reproduced as published, not verified by Districts.