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VIC › Lucas › O Rourke St

21 O Rourke St, Lucas VIC 3350

For saleHouse for Sale

$770,810

For sale

Asking

5

Bedrooms

4

Bathrooms

2

Car spaces

485 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $770,810 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $770,810(Listing record · 4 Sept 2025)
  • CalculationAsk is 19% above the Lucas median recorded sale ($646,000, n=111, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Lucas's advertised median rent ($512/wk), implied gross yield would be 3.45% — 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

$770,810

Asking · $1,589/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.

See the full Lucas report →

Vs Lucas

+19.3%

Median sale

Suburb $646,000

-0.67 pp

Gross yield

Suburb 4.12%

Suburb median $646,000 from 111 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$770,810
Stamp Duty (Victoria)
$41,319
Transfer/Registration Fee
$1,906
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
$817,735

$46,925 on top of the price (6.1% 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

Pre-filled with Lucas's advertised median rent — not a rent for this listing.

Net yield
1.95%
Annual cashflow (pre-tax)
$-25,020
Interest cover (DSCR)
0.38
Annual rent
$26,624
Operating expenses
$11,562
Loan amount
$616,648
Annual interest
$40,082
Gross yield
3.45%

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$770,810available4 Sept 2025

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 $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.

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 3.5%. 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

Lucas in one glance

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.

See the full Lucas report →

Keep researching

  • Why Lucas? Read the area thesis →
  • What else is on the market in Lucas →
  • Other records on O Rourke St →

Listing material

Listed by Augment Real Estate

*Experience the Allure of This Exceptional 5-Bedroom Residence in Lucas*

Welcome to your dream home, a beautifully appointed residence in the highly desirable suburb of LUCAS with 5 bedrooms and 4 bathrooms that redefines modern living. This meticulously designed property offers a seamless blend of comfort, convenience, and elegance, tailored to meet the needs of today’s families.

As you approach, you’ll be captivated by the *premium facade* and the impressive *wide front entry door. Step inside to discover **soaring 2700mm high ceilings* and grand *2,340mm high doors* that create an expansive sense of space throughout the home.

The luxurious master suite serves as a personal haven, featuring two spacious walk-in wardrobes—perfect for him and her—alongside a stylish en-suite bathroom designed for relaxation. Each of the additional 4 bedrooms is generously sized, equipped with built-in wardrobes and their own bathrooms ( Jack n Jill), ensuring privacy and convenience for family members and guests alike.

Read the full description

Indulge in the master en-suite, showcasing premium fixtures, an expansive shower, and contemporary vanities, creating a serene, spa-like atmosphere. The main family bathroom mirrors this quality, complete with a full-sized bathtub, a separate shower, and sleek modern finishes.

At the heart of the home is the stunning kitchens, outfitted with high-quality *900mm stainless steel appliances, including a gas cooktop, electric oven, and dishwasher. The kitchen features exquisite **40mm Calcutta stone countertops* with a breathtaking waterfall edge, while the generous island bench serves as both a preparation area and a casual dining spot. Abundant cabinetry ensures ample storage for all your culinary essentials.

The spacious open-plan living area seamlessly connects the kitchen, dining, and lounge spaces—perfect for entertaining friends or enjoying precious family moments. *Commercial-grade glazing windows* and sliding doors flood the area with natural light and offer effortless access to the meticulously maintained backyard—a secure and private sanctuary for children to play and for adults to unwind.

For practicality, the *double garage* provides secure parking for two vehicles with remote access, while ample additional storage space helps keep your home organized and clutter-free. Additional highlights include *LED downlights* throughout, a comprehensive *security system with cameras and an alarm* for peace of mind, and *reverse cycle heating and cooling* with zoned settings to ensure comfort in every season.

The exterior of the home is equally impressive, featuring an *exposed aggregate driveway, front entry steps, and **premium landscaping* that includes natural grass, carefully selected trees, and decorative rocks, enhancing the overall curb appeal. Enjoy the benefits of *color bond fencing* for added privacy and a *double crossover* for convenient access.

Location is key, located next to walking tracks and this property is perfectly situated near the shopping center, providing effortless access to an array of retail shops, cafés, restaurants, and entertainment options—making everyday living incredibly convenient. Nestled in a family-friendly community with excellent schools and parks nearby, this Lucas treasure presents an unmissable opportunity.

Whether you’re a growing family or looking for a stylish, low-maintenance home, this property ticks all the boxes. Embrace the perfect fusion of comfort, style, and convenience in your new dream home.

📞 For more information or to book an inspection, contact Raj on 0450688415 & Aman 0426773000

Listing description written by Raj Singh, Augment Real Estate — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Broadband
  • Dishwasher
  • Ensuites: 2
  • Floorboards
  • Fully Fenced
  • Intercom
  • Living Areas: 3
  • Remote Garage
  • Reverse Cycle Aircon
  • Rumpus Room
  • Study
  • Toilets: 4
Districts

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

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.