Casterton at a glance
1,578
People
$320,000
Median sale
$347/wk
Median rent
5.64%
Suburb gross yield
Median sale from 47 recorded sales (last 12 months) — a Districts calculation.
VIC › Casterton › Old Mount Gambier Rd
$420,000
Last sold
16 Jan 2023
4
Bedrooms
1
Bathrooms
5
Car spaces
18,300 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
$420,000
16 Jan 2023 · derived via latest_sale
Local land rate: recorded Rural Property sales in Casterton (last 5 years) with land size have a median of $68/m² of land (n=7). Districts calculation from recorded sales — not a valuation.
Casterton at a glance
1,578
People
$320,000
Median sale
$347/wk
Median rent
5.64%
Suburb gross yield
Median sale from 47 recorded sales (last 12 months) — a Districts calculation.
Vs Casterton
+31.3%
Median sale
Suburb $320,000
-1.34 pp
Gross yield
Suburb 5.64%
Suburb median $320,000 from 47 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
FARMING ZONE - SCHEDULE 1
FZ1
Jurisdiction
Glenelg
Glenelg, 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 FARMING ZONE - SCHEDULE 1 · FZ1 (ZN). Official parcel area about 2,024 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 2,024 m² — land size can look like optionality. What reduces it: ENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 3. 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
No advertised rent is recorded. Suburb median rent $347/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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned FARMING ZONE - SCHEDULE 1 · FZ1 (ZN). Official parcel area about 2,024 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 2,024 m² — land size can look like optionality. What reduces it: ENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 3. Vegetation or biodiversity constraints can sterilise the developable portion of the lot.
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
Casterton at a glance
1,578
People
$320,000
Median sale
$347/wk
Median rent
5.64%
Suburb gross yield
Median sale from 47 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Nutrien Harcourts CastertonWelcome to 232 Old Mount Gambier Road, Casterton.
This spacious Red Cedar 4 bedroom family home is sure to tick a lot of boxes.
Located on the edge of town on a beautiful approximately 5 acre parcel of land. The property consists of numerous fruit trees- an olive orchard in particular and there is a picturesque creek with creek crossing running though the centre of the property. The peace and tranquillity while walking around discovering this majestic property is indescribable! It's a brilliant space to become self-sufficient grow your own fruit and vegetables if you desire, for kids to have a pony or even a motorbike!
The home itself comprises 4 bedrooms, 3 with built in robes and 4th currently set up as craft room. There is a large formal lounge and dining room, boasting a unique freestanding woodfire and split system A/C to ensure your comfort all year round. Moving onto the open kitchen and second lounge area, the kitchen provides gas cooking, dishwasher, double sink, ample storage including pantry. The outlook from the open kitchen lounge area over the back veranda deck, garden and creek is one of a kind, it is absolutely sublime. A second woodfire is also found in this open plan kitchen lounge area, along with doors out onto the deck. This wrap around veranda deck is the ultimate place to entertain or relax and unwind after a busy week. In addition at the rear of the home there is also a ramp providing wheelchair access.
The Bathroom offering shower, vanity and bath. The toilet is separate for your convenience. In regards to outbuildings there is ample storage space with 2x large double enclosed garages with concrete floors, workshop space and power, along with a single carport and woodshed.
An opportunity to acquire a lifestyle property with room to move both inside and out, right on the edge of the township of Casterton are incredibly sort after.
For further information or to book an inspection, please don't hesitate to be in contact.
Listing description written by Sarah Thompson, Nutrien Harcourts Casterton — reproduced as published, not verified by Districts.