Ludmilla at a glance
1,745
People
$915,000
Median sale
$300/wk
Median rent
1.70%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
4
Bedrooms
2
Bathrooms
2
Car spaces
961 m²
Land
Districts View
View not ready — official layers are still retrieving for this property. Official planning layers still retrieving. Flood / bushfire / heritage not yet retrieved. No recorded sale price for this property. Districts does not score a property it cannot yet see.
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
No recorded sale price for this property yet.
Ludmilla at a glance
1,745
People
$915,000
Median sale
$300/wk
Median rent
1.70%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
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
NTNT bulk cadastre is not an open commercial product. Lot optionality cannot be computed from official geometry. Listed land size is 961 m² — that is not official geometry. 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.” Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $300/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. Nearby development applications are not loaded for this property. 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
UnknownNT bulk cadastre is not an open commercial product. Lot optionality cannot be computed from official geometry. Listed land size is 961 m² — that is not official geometry.
Nearby development pipeline
UnknownNearby development applications are not loaded for this property.
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. This jurisdiction has no comparable official bond series in the free set.
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
Ludmilla at a glance
1,745
People
$915,000
Median sale
$300/wk
Median rent
1.70%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Real Estate CentralSunkissed and tranquil, this leafy abode is a world away from the everyday with resort vibes that will entice and inspire the home makers. Offering an easy everyday lifestyle combined with epic entertaining, this Troppo inspired home has a peaceful ambience that the whole family will love – welcome home to 24 Wells Street in leafy suburban Ludmilla.
At street level this home brings the WOW factor with manicured gardens on a tapering block in full bloom, secure fencing, gated vehicle and personal access from the street. Inside the home has a split level yard space with flourishing gardens, secret walkways and sitting areas under the shady canopy of established trees.
On the ground level is a sun kissed living room with kitchenette, full luxury resort bathroom that includes a bath and outdoor shower, plus a 4th bedroom and banks of bifolding doors that open the living areas through to a large outdoor entertaining area. A glass framed in ground swimming pool has an entertaining area beside it and is framed with tropical gardens and greenery.
Upstairs the home has timber flooring underfoot and endless bays of louvered windows in the living areas framing the treetop views and letting in the natural light. The kitchen has wrap around counters and great storage space with a view over the pool from the windows and balcony. There are three large bedrooms all equipped with a robe and A/C plus a lush main bathroom with modern design and effortless appeal.
Under the home there is carport parking plus room for a second vehicle or the boat. There is a storage room for the bikes or others and a garden shed in the far back corner for the pots and tools.
Spend your free time exploring the nearby East point, Parap markets, Fannie Bay Racecourse, Mindal markets & Vesteys Beach coastlines along with the new Richardson Park development just around the corner.
• Sunkissed family home in leafy suburban setting
• WOW factor from the street with a towering façade
• Gated entry and personal access gate as well
• Secret garden walkways, split level yard space, gardens in full bloom
• Garden shed in the back corner, storage unit under the home
• Ground level has open plan living areas plus kitchenette
• 4th bedroom and a lux bathroom with bath tub and outdoor shower
• Bi folding doors open the living areas to the verandah
• Verandah overlooks the glass framed in ground swimming pool
• Swimming pool is framed with tropical gardens
• Upstairs is a supersized living and dining area with timber floors
• Kitchen has wrap around counters with breakfast bar seating
• 3 bedrooms upstairs all equipped with robes and A/C
• Modern main bathroom with large shower
• Twin banks of linen storage in the hallway
Around the Suburb:
• Walk to community parklands and play areas for the kids
• Ride your bike with the kids to public and private school options
• Spend your free time at the gorgeous Lake Alexander
• Take a stroll along the foreshore at nearby East Point Reserve
• Activities and the Parap markets are not far away
Council Rates: Approx. $2,700 per annum
Area Under Title: 961 square metres
Zoning: LR (Low Density Residential)
Pool Status: Pool Certified to Non-standard Safety Provision (MAS-NSSP)
Status: Vacant Possession
Rental Estimate: $900 - $1,100 per week
Reports: Available on webbook
Deposit: 10% or variation on request
Easements as per title: Sewerage Easement to Power and Water Authority
OPENN NEGOTIATION: is the new transparent method of sale allowing buyers to bid with approved terms and conditions.
For more information on how Openn Negotiation works see: www.openn.com.au
To bid on this property or observe, please download the 'Openn Negotiation' app, create an account and search the property address.
Please note the Final Bidding Stage is subject to change and the property could sell at anytime.
Listing description written by Simon Watts, Real Estate Central — reproduced as published, not verified by Districts.