Blackburn at a glance
16,067
People
No data
Median sale
$601/wk
Median rent
No data
Suburb gross yield
VIC › Blackburn › Stanley Grove
$1,631,300
Last sold
24 Oct 2023
3
Bedrooms
1
Bathrooms
2
Car spaces
892 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
Last sold
$1,631,300
24 Oct 2023 · derived via latest_sale
Local land rate: recorded House sales in Blackburn (last 5 years) with land size have a median of $2,159/m² of land (n=17). Districts calculation from recorded sales — not a valuation.
Blackburn at a glance
16,067
People
No data
Median sale
$601/wk
Median rent
No data
Suburb gross yield
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 $601/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.
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
Blackburn at a glance
16,067
People
No data
Median sale
$601/wk
Median rent
No data
Suburb gross yield
Listing material
Listed by LOCI BlackburnIntroducing a truly exceptional development opportunity in the heart of Blackburn. This expansive corner block boasts an impressive land size of 892 square metres, offering an incredible canvas for developers and investors alike. With its existing three-bedroom home and currently tenanted, this property offers a wealth of possibilities for its future owner.
Renovate and rejuvenate the current residence, or take advantage of the plans and permits already in place for two luxurious townhouses. Designed to maximise space and liveability, one townhouse features a clever single-level layout, while the other boasts a spacious double-storey design. Alternatively, you could create your own bespoke plans to craft a truly remarkable development, subject to council approval.
With ample parking spaces available and the potential to construct an architectural masterpiece, this outstanding opportunity is simply too good to pass up. Located in the charming suburb of Blackburn, you'll be in close proximity to an array of amenities, including public transport, shopping centres, schools, and parks.
Don't miss out on this rare and valuable opportunity to develop your dream project in one of Victoria's most sought-after locations. With its considerable land size, existing infrastructure, and approved plans for further development, this property is an ideal investment for those looking to capitalise on the strong growth and demand in the area.
Inquire now to unlock the limitless potential of this remarkable corner block in Blackburn. Embrace the chance to create a legacy in this enviable neighbourhood and become a part of the vibrant community that calls this charming suburb home.
Noel Jones Real Estate has taken every precaution to ensure the information contained herein is true and accurate, however accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
Listing description written by Robert Simpson, LOCI Blackburn — reproduced as published, not verified by Districts.