Cardigan at a glance
3,086
People
$587,000
Median sale
$512/wk
Median rent
4.54%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
VIC › Cardigan › Lancewood St
$587,000
Last sold
11 Sept 2025
0
Bedrooms
0
Bathrooms
0
Car spaces
2,159 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
$587,000
11 Sept 2025 · derived via latest_sale
Local land rate: recorded Land sales in Cardigan (last 5 years) with land size have a median of $275/m² of land (n=27). Districts calculation from recorded sales — not a valuation.
Cardigan at a glance
3,086
People
$587,000
Median sale
$512/wk
Median rent
4.54%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Vs Cardigan
0.0%
Median sale
Suburb $587,000
0.00 pp
Gross yield
Suburb 4.54%
Suburb median $587,000 from 13 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
SPECIAL USE ZONE - SCHEDULE 14
SUZ14
Jurisdiction
Ballarat
Ballarat, 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 SPECIAL USE ZONE - SCHEDULE 14 · SUZ14 (ZN). Official parcel area about 2,186 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 2,186 m² — land size can look like optionality. What reduces it: DEVELOPMENT PLAN OVERLAY - SCHEDULE 10. 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 $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. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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 SPECIAL USE ZONE - SCHEDULE 14 · SUZ14 (ZN). Official parcel area about 2,186 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 2,186 m² — land size can look like optionality. What reduces it: DEVELOPMENT PLAN OVERLAY - SCHEDULE 10. 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
Cardigan at a glance
3,086
People
$587,000
Median sale
$512/wk
Median rent
4.54%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by For Sale By OwnerExperience the best of both worlds, with serene living and easy access to all that Acacia Estate in Cardigan has to offer. Set on over half an acre, this property offers the perfect blend of space, style, and convenience, making it the ideal place for your family.
Don't miss this incredible opportunity to secure a beautiful lifestyle block in Acacia Estate, a vibrant and rapidly growing community. Just moments away from Lucas Shopping Precinct, Wendouree Train Station and the Western Freeway just a 5-minute drive away, and only 10 minutes from Ballarat CBD, this location offers the perfect balance of city convenience and semi-rural tranquility. Build your dream home and enjoy the best of both worlds.
This exceptional 2,159m² block of land with an impressive 30m frontage is nestled within the prestigious Acacia Estate in Ballarat, presenting an unparalleled opportunity for discerning buyers.
This remarkable parcel of land caters to a variety of lifestyle aspirations, making it an ideal home for those seeking a blend of tranquility and modern conveniences. Don't miss this rare chance to secure a coveted piece of the Acacia Estate in Cardigan and build your dream home in a thriving and dynamic environment.
The Phone Code for this property is: 74449. Please quote this number when phoning or texting.
Disclaimer:
Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.
Listing description written by For Sale By Owner (VIC), For Sale By Owner — reproduced as published, not verified by Districts.
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