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VIC › Leopold › Cresta St

23 Cresta St, Leopold VIC 3224

House

$1,600,000

Last sold

22 Feb 2024

3

Bedrooms

3

Bathrooms

6

Car spaces

758 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 $1,600,000 (22 Feb 2024).(Recorded sale)
  • FactLand 758 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Leopold (last 5 years) with land size: median $1,249/m² of land (n=60). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

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

What this lot has actually traded at

Last sold

$1,600,000

22 Feb 2024 · derived via latest_sale

Local land rate: recorded House sales in Leopold (last 5 years) with land size have a median of $1,249/m² of land (n=60). Districts calculation from recorded sales — not a valuation.

Leopold at a glance

13,878

People

$715,750

Median sale

$521/wk

Median rent

3.79%

Suburb gross yield

Median sale from 38 recorded sales (last 12 months) — a Districts calculation.

See the full Leopold report →

Vs Leopold

+123.5%

Median sale

Suburb $715,750

-2.10 pp

Gross yield

Suburb 3.79%

Suburb median $715,750 from 38 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

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. Sold$1,600,00022 Feb 2024
  2. Listedprice unknowncompleted15 Oct 2023
  3. Listedprice unknowncompleted15 Oct 2023

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 $521/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.

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

Leopold in one glance

Leopold at a glance

13,878

People

$715,750

Median sale

$521/wk

Median rent

3.79%

Suburb gross yield

Median sale from 38 recorded sales (last 12 months) — a Districts calculation.

See the full Leopold report →

Keep researching

  • Why Leopold? Read the area thesis →
  • What else is on the market in Leopold →
  • Other records on Cresta St →

Listing material

Listed by Bellarine Property

Premium Living Amid a Tranquil Garden Sanctuary

The Feel:

As if lifted straight from the pages of a magazine, this immaculate custom designed and built home sets a new standard of contemporary living in the ultra-convenient heart of Leopold. An impressive combination of hand-picked finishes, natural materials and passive design principles blur the lines between art and architecture, while light-filled living spaces and a tranquil garden setting unite aesthetic beauty with premium lifestyle amenities. Embracing a brilliant north aspect, this wonderfully private residence is superbly situated between the Geelong CBD and all the coastal delights of the Bellarine Peninsula, further enhancing its outstanding lifestyle appeal.

The Facts:

Read the full description

-One-of-a-kind family residence, designed & built to an exacting standard

-Hand-picked finishes & thoughtful use of space are perfectly presented over 2 light-filled levels

-Meticulous attention to detail is evident from the outset as a hand-made front gate creates a welcoming first impression

-Corten clad exterior integrates seamlessly with spotted gum decking & lush garden surrounds

-The striking centrepiece of the home is a show-stopping open-plan living domain with soaring raked ceiling & expanses of north-facing windows

-Concrete flooring & automated clerestory windows maximise thermal mass & crossflow ventilation

-Built-in window seating provides a tranquil space to unwind

-Designer kitchen comes complete with quality European appliances, walk-in pantry, stone benchtops & expansive breakfast island

-Servery window to adjoining outdoor BBQ area + pizza oven extends entertaining beyond the internal confines

-Double doors sourced from India create a dramatic entry to the master bedroom suite with WIR & ensuite

-Raked ceilings enhance the sense of space while bespoke blackwood bedside tables & engineered oak flooring add natural warmth

-Fully tiled ensuite is sumptuous offering, with stone-topped double vanity, oversized walk-in shower, & freestanding bath with serene garden outlook

-A second master suite is zoned to the upper level, providing an ideal guest retreat complete with WIR, ensuite & private balcony access

-From the first floor, the home also takes in sweeping views across Geelong to the You Yangs

-3rd bedroom with BIR is serviced by a family bathroom where the commitment to quality is continued

-All 3 bathrooms feature floor-to-ceiling tiling, oversized walk-in shower, stone-topped vanity & WC with in-wall cistern

-Feature lighting is showcased throughout, from coconut shell wall lights to LED-lit timber wall panels

-Additional quality appointments: hydronic underfloor heating, commercial grade aluminium windows, double glazing, hardwood window architraves, custom joinery + sound-proof insulation to all internal walls

-Abundance of off-street parking behind electric gate entry, including 4-car garage + double carport with high clearance

-Lush garden surrounds create wonderful privacy & a true sense of sanctuary

-Bask in northern sunshine from your private alfresco deck, and continue well into the evening under exterior lighting repurposed from vintage street lights

-A rustic garden shed crafted from fence palings sits alongside raised vegetable gardens & 18,000L of rainwater storage

-Inspiring location is balanced between the convenience of Geelong CBD & the recreational assets of the Bellarine Peninsula

-A short walk to the local kindergarten & primary school, with the everyday amenities of Gateway Plaza just 3mins away

The Owners Love….

“Every inch of this property, inside and out, has been created with meticulous attention to detail. With its luxurious spaces, quality finishes, and private garden surrounds, it’s the epitome of a home sanctuary. It’s simply a beautiful place to live.”

*All information offered by Bellarine Property is provided in good faith. It is derived from sources believed to be accurate and current as at the date of publication and as such Bellarine Property simply pass this information on. Use of such material is at your sole risk. Prospective purchasers are advised to make their own inquiries with respect to the information that is passed on. Bellarine Property will not be liable for any loss resulting from any action or decision by you in reliance on the information.

Listing description written by Lee Martin, Bellarine Property — reproduced as published, not verified by Districts.

Property features

  • Ensuites: 2
  • Living Areas: 1
  • Toilets: 3
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.