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VIC › Jacana › Hales Cres

22 Hales Cres, Jacana VIC 3047

House

$702,500

Last sold

9 May 2026

5

Bedrooms

3

Bathrooms

3

Car spaces

603 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $702,500 (9 May 2026).(Recorded sale)
  • FactLand 603 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Jacana (last 5 years) with land size: median $1,017/m² of land (n=49). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 (GRZ1) under the ZN.(Vicmap Planning · 31 Aug 2026)

What could make it worth less?

  • FactMELBOURNE AIRPORT ENVIRONS OVERLAY - SCHEDULE 2 intersects 99.8% of this parcel.(Vicmap Planning · 31 Aug 2026)

What should you verify next?

  1. 1MELBOURNE AIRPORT ENVIRONS OVERLAY - SCHEDULE 2 affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  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

What this lot has actually traded at

Last sold

$702,500

9 May 2026 · derived via latest_sale

Local land rate: recorded House sales in Jacana (last 5 years) with land size have a median of $1,017/m² of land (n=49). Districts calculation from recorded sales — not a valuation.

Jacana at a glance

2,247

People

$660,000

Median sale

$463/wk

Median rent

3.65%

Suburb gross yield

Median sale from 15 recorded sales (last 12 months) — a Districts calculation.

See the full Jacana report →

Vs Jacana

+6.4%

Median sale

Suburb $660,000

-0.22 pp

Gross yield

Suburb 3.65%

Suburb median $660,000 from 15 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

ZN

Zone

GENERAL RESIDENTIAL ZONE - SCHEDULE 1

GRZ1

Jurisdiction

Hume

Hume, VIC

Planning overlays

  • environmentalDetected

Development activity

Data unavailable

Source

  • Provider: Vicmap Planning
  • Dataset: PLAN_ZONE
  • Retrieved: 31 Aug 2026
  • Version: 1
  • Parcel: 261547

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. Sold$702,5009 May 2026
  2. Listedprice unknowncompleted15 Apr 2026
  3. Listedprice unknowncompleted15 Apr 2026

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?

Confidence: medium

Zoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 607 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.

What could kill that thesis?

Confidence: low

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 607 m² — land size can look like optionality. What reduces it: MELBOURNE AIRPORT ENVIRONS OVERLAY - SCHEDULE 2. Vegetation or biodiversity constraints can sterilise the developable portion of the lot. 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 $463/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

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

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.

3 of 10 questions answered so far

  • Development optionality of this lot

    Knownmedium

    Zoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 607 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

    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?

    Knownlow

    Official parcel about 607 m² — land size can look like optionality. What reduces it: MELBOURNE AIRPORT ENVIRONS OVERLAY - SCHEDULE 2. Vegetation or biodiversity constraints can sterilise the developable portion of the lot.

  • Lot-level flood

    Unknown

    Flood overlay has not been queried for this lot. 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

    No DA adapter returned applications 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

Jacana in one glance

Jacana at a glance

2,247

People

$660,000

Median sale

$463/wk

Median rent

3.65%

Suburb gross yield

Median sale from 15 recorded sales (last 12 months) — a Districts calculation.

See the full Jacana report →

Keep researching

  • Why Jacana? Read the area thesis →
  • What else is on the market in Jacana →
  • Other records on Hales Cres →

Listing material

Listed by Bombay Real Estate

Multiple Income Streams on a Prime Jacana Allotment

Positioned within a rapidly evolving and well connected pocket of Jacana, this exceptional property presents a compelling fusion of immediate return and future promise. Set on a substantial allotment of approximately 604 square metres, it offers a rare sense of space and flexibility, appealing equally to astute investors, forward thinking developers, and those seeking to secure a foothold in a suburb on the rise. The existing configuration has been thoughtfully arranged to maximise rental yield, while the generous landholding invites exciting possibilities for redevelopment or enhancement, subject to council approval. This is a property that effortlessly balances present day performance with long term vision.

Inside, the residence delivers comfortable and practical living, complemented by additional rear accommodation that enhances both versatility and income potential. The layout lends itself to multi stream leasing or extended family living, ensuring consistent demand in a market where flexibility is highly prized. Beyond its current appeal, the true value lies in the opportunity to reimagine the site and capitalise on the continued growth of the surrounding area.

Further enhancing its desirability is a location that places everyday convenience within easy reach. Quality schooling options including Jacana School for Autism and Broadmeadows Valley Primary School are nearby, while essential healthcare services are easily accessed at Broadmeadows Hospital and local medical centres. Commuters will appreciate proximity to Jacana Train Station, providing direct connectivity to the CBD, along with seamless access to major arterial roads and Melbourne Airport. Shopping precincts, parklands and community amenities are all moments away, contributing to a lifestyle of ease and accessibility.

Read the full description

Key features include

• Multiple income streams with a flexible and adaptable layout

• Strong rental appeal supported by consistent local demand

• Expansive landholding of approximately 604 square metres with future development potential subject to council approval

• Comfortable three bedroom home complemented by rear bungalows each with their own bathrooms

• Off street parking providing everyday convenience

• Highly connected location close to schools, medical facilities, shopping and public transport

Whether you are seeking an investment that performs from day one or a site rich with future possibilities, this is an opportunity that stands apart. In a suburb gaining momentum and recognition, this property represents a strategic acquisition with enduring appeal.

Due diligence checklist - for home and residential property buyers -

http://www.consumer.vic.gov.au/duediligencechecklist

Listing description written by Bikram Sidhu, Bombay Real Estate — reproduced as published, not verified by Districts.

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.