Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

VIC › St Leonards › Miranda Cres

24 Miranda Cres, St Leonards VIC 3223

House

$730,000

Last sold

31 Aug 2022

3

Bedrooms

2

Bathrooms

2

Car spaces

308 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 $730,000 (31 Aug 2022).(Recorded sale)
  • FactLand 308 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in St Leonards (last 5 years) with land size: median $1,605/m² of land (n=118). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned PUBLIC PARK AND RECREATION ZONE (PPRZ) under the ZN.(Vicmap Planning · 1 Sept 2026)

What could make it worth less?

  • FactPROTECTED SETTLEMENT BOUNDARY intersects 89.9% of this parcel.(Vicmap Planning · 1 Sept 2026)
  • FactLAND SUBJECT TO INUNDATION OVERLAY - SCHEDULE 2 intersects 60.6% of this parcel.(Vicmap Planning · 1 Sept 2026)
  • FactENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 2 intersects 1.6% of this parcel.(Vicmap Planning · 1 Sept 2026)

What should you verify next?

  1. 1PROTECTED SETTLEMENT BOUNDARY affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  2. 2LAND SUBJECT TO INUNDATION OVERLAY - SCHEDULE 2 affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  3. 3ENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 2 affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  4. 4No 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

$730,000

31 Aug 2022 · derived via latest_sale

Local land rate: recorded House sales in St Leonards (last 5 years) with land size have a median of $1,605/m² of land (n=118). Districts calculation from recorded sales — not a valuation.

St Leonards at a glance

3,765

People

$690,000

Median sale

$472/wk

Median rent

3.56%

Suburb gross yield

Median sale from 120 recorded sales (last 12 months) — a Districts calculation.

See the full St Leonards report →

Vs St Leonards

+5.8%

Median sale

Suburb $690,000

-0.20 pp

Gross yield

Suburb 3.56%

Suburb median $690,000 from 120 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

ZN

Zone

PUBLIC PARK AND RECREATION ZONE

PPRZ

Jurisdiction

Greater Geelong

Greater Geelong, VIC

Planning overlays

  • PROTECTED SETTLEMENT BOUNDARYDetected — 89.9% of parcel

Development activity

Data unavailable

Source

  • Provider: Vicmap Planning
  • Dataset: PLAN_ZONE
  • Retrieved: 31 Aug 2026
  • Version: 1
  • Parcel: 52526491

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

Detected — official

The official layer maps a flood zone on this parcel, intersecting about 60.6% of it (Vicmap Planning, retrieved 31 Aug 2026). Verify the extent against the title before relying on unaffected land.

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$730,00031 Aug 2022
  2. Listedprice unknowncompleted22 June 2022
  3. Listedprice unknowncompleted22 June 2022

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 PUBLIC PARK AND RECREATION ZONE · PPRZ (ZN). Official parcel area about 116,699 m². Dual occupancy looks constrained by site overlays or terrain. Two-lot subdivision looks constrained (often the rear or handle of the lot). 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: medium

60.6% of the official parcel intersects the loaded flood overlay. Layer: LAND SUBJECT TO INUNDATION OVERLAY - SCHEDULE 2. That is a finance, insurance, and rentability screen — distinct from whether the land can be subdivided. It is not a flood certificate or an insurer quote. Flood overlay on a material share of the lot can kill a rear-lot or battleaxe subdivision story. Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Official parcel about 116,699 m² — land size can look like optionality. What reduces it: PROTECTED SETTLEMENT BOUNDARY; LAND SUBJECT TO INUNDATION OVERLAY - SCHEDULE 2; ENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 2. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack. 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 $472/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. Flood on or flagged for this lot can discount tenant demand versus a dry comparable.

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

This looks more like a hold-as-is house than a development site. Flood on the lot is the first thing to price.

Detail

Official parcel about 116,699 m² — land size can look like optionality. What reduces it: PROTECTED SETTLEMENT BOUNDARY; LAND SUBJECT TO INUNDATION OVERLAY - SCHEDULE 2; ENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 2. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.

Read more

Nearby competing dwellings and net yield are still unknown.

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.

4 of 10 questions answered so far

  • Development optionality of this lot

    Knownmedium

    Zoned PUBLIC PARK AND RECREATION ZONE · PPRZ (ZN). Official parcel area about 116,699 m². Dual occupancy looks constrained by site overlays or terrain. Two-lot subdivision looks constrained (often the rear or handle of the lot). 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?

    Knownmedium

    Official parcel about 116,699 m² — land size can look like optionality. What reduces it: PROTECTED SETTLEMENT BOUNDARY; LAND SUBJECT TO INUNDATION OVERLAY - SCHEDULE 2; ENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 2. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.

  • Lot-level flood

    Knownmedium

    60.6% of the official parcel intersects the loaded flood overlay. Layer: LAND SUBJECT TO INUNDATION OVERLAY - SCHEDULE 2. That is a finance, insurance, and rentability screen — distinct from whether the land can be subdivided. It is not a flood certificate or an insurer quote.

  • 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

St Leonards in one glance

St Leonards at a glance

3,765

People

$690,000

Median sale

$472/wk

Median rent

3.56%

Suburb gross yield

Median sale from 120 recorded sales (last 12 months) — a Districts calculation.

See the full St Leonards report →

Keep researching

  • Why St Leonards? Read the area thesis →
  • What else is on the market in St Leonards →
  • Other records on Miranda Cres →

Listing material

Listed by Bellarine Property

Living and entertaining a breeze!

The Feel:

Located in the sought-after Seachange Estate, this elegant family home offers a convenient coastal lifestyle in the idyllic seaside township of St Leonards. Situated less than 1km to the cosmopolitan retail hub and the crystal blue waters of Port Phillip Bay, this is the perfect property for downsizers or a holiday home investment. Built to exacting standards only 6 months ago, it is sure to impress with its clean modern lines and coastal appeal. This low maintenance ‘lock up and leave’ home boasts soaring 3.6m raked ceilings, custom cabinetry and superb materials to elevate your daily life.

The Facts:

Read the full description

-Situated in a stellar location in the popular precinct of Seachange Estate

-Stroll to picturesque Esplanade & sparkling bay beaches less than 1km away

-Built to exacting standards just over 6 months ago, this home presents as new

-Boasts top of the range fixtures, fittings, appliances & design aesthetics

-Proximity to bayside walking trails adds further appeal to this relaxed coastal setting

-Downsizers, family home or weekender in premier location

-Floorplan maximises communal entertainment space while providing separate sleeping zones

-Flawlessly presented inside & out, with landscaped garden & impressive street appeal

-North orientation & 3.6m raked ceiling with clerestory windows invites all day sunshine

-Reverse cycle heating-cooling offers instant climate comfort

-Complemented by the ambience of a statement electric log fire

-Wide board timber laminate flooring to main living, plush carpet to bedrooms

-Stunning kitchen features custom cabinetry & stone benchtops

-3 carpeted bedrooms (2with BIRs) include a generous master with ensuite & walk-in robe

-Ensuite & central bathroom evoke a resort-style aesthetic

-DLUG with internal & rear utility access doors

-Low-to-no maintenance landscaped garden = more leisure time!

-Close to the beach & town-centre, this is a stunning modern home by the sea

The Owner Loves….

“The home is oriented to enjoy the northern sunshine, and the position affords us easy access to bay beaches and boat ramp. The quality finishes throughout the home make it a joy to live here. It’s so easy to maintain as well.”

*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 enquiries 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 Callen Lowther, Bellarine Property — reproduced as published, not verified by Districts.

Property features

  • Ensuites: 1
  • Living Areas: 1
  • Toilets: 2
Districts

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

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

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