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VIC › Hazelwood North › Clarkes Rd

240 Clarkes Rd, Hazelwood North VIC 3840

Rural Property

$1,030,000

Last sold

27 May 2024

5

Bedrooms

2

Bathrooms

10

Car spaces

40,468.564 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 $1,030,000 (27 May 2024).(Recorded sale)
  • FactLand 40,469 m²; no building size recorded.(Property record)
  • CalculationRecorded Rural Property sales in Hazelwood North (last 5 years) with land size: median $41/m² of land (n=6). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned FARMING ZONE - SCHEDULE 1 (FZ1) under the ZN.(Vicmap Planning · 1 Sept 2026)

What could make it worth less?

  • FactSTATE RESOURCE OVERLAY 1 intersects 99.8% of this parcel.(Vicmap Planning · 1 Sept 2026)

What should you verify next?

  1. 1STATE RESOURCE OVERLAY 1 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

$1,030,000

27 May 2024 · derived via latest_sale

Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.

Local land rate: recorded Rural Property sales in Hazelwood North (last 5 years) with land size have a median of $41/m² of land (n=6). Districts calculation from recorded sales — not a valuation.

Hazelwood North at a glance

1,526

People

$825,000

Median sale

$390/wk

Median rent

2.46%

Suburb gross yield

Median sale from 8 recorded sales (last 24 months) — a Districts calculation.

See the full Hazelwood North report →

Vs Hazelwood North

+24.8%

Median sale

Suburb $825,000

-0.49 pp

Gross yield

Suburb 2.46%

Suburb median $825,000 from 8 recorded sales (last 24 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

ZN

Zone

FARMING ZONE - SCHEDULE 1

FZ1

Jurisdiction

Latrobe (Vic.)

Latrobe (Vic.), VIC

Official property report

The original government planning document for this property. Sign in to view or download the PDF. Districts facts are a separate GIS extract and may not include every statement in the report.

Planning overlays

  • STATE RESOURCE OVERLAY 1Detected — 99.8% of parcel

Development activity

Data unavailable

Source

  • Provider: Vicmap Planning
  • Dataset: PLAN_ZONE
  • Retrieved: 1 Sept 2026
  • Version: 1
  • Parcel: 5456631

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

202120232024$1.3m$1.03m
  • Sold (recorded)
  1. Sold$1,030,00027 May 2024
  2. Listedprice unknowncompleted18 Jan 2024
  3. Listedprice unknowncompleted18 Jan 2024
  4. Sold$1,299,99024 Nov 2021
  5. Listedprice unknowncompleted17 Sept 2021
  6. Listedprice unknowncompleted17 Sept 2021

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 FARMING ZONE - SCHEDULE 1 · FZ1 (ZN). Official parcel area about 40,297 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 40,297 m² — land size can look like optionality. What reduces it: STATE RESOURCE OVERLAY 1. This overlay can reduce what the land size appears to promise. 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 $390/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 FARMING ZONE - SCHEDULE 1 · FZ1 (ZN). Official parcel area about 40,297 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 40,297 m² — land size can look like optionality. What reduces it: STATE RESOURCE OVERLAY 1. This overlay can reduce what the land size appears to promise.

  • 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

Hazelwood North in one glance

Hazelwood North at a glance

1,526

People

$825,000

Median sale

$390/wk

Median rent

2.46%

Suburb gross yield

Median sale from 8 recorded sales (last 24 months) — a Districts calculation.

See the full Hazelwood North report →

Keep researching

  • Why Hazelwood North? Read the area thesis →
  • What else is on the market in Hazelwood North →
  • Other records on Clarkes Rd →

Listing material

Listed by Keith Williams Real Estate Traralgon

ESCAPE TO THE COUNTRY

Dreaming of escaping to the country and embracing a relaxed off-the-grid lifestyle? This modern architecturally designed property is located just minutes from the Traralgon CBD and will impress the whole family.

With facilities for horses, an abundance of storage and endless business potential, the scale and quality of this property will give buyers a sense of freedom to live on their own slice of rural paradise.

The 35sq homestead-style residence was custom built-in 2014 designed for relaxed indoor/outdoor living and entertainment, offering a free-flowing floorplan.

Read the full description

The master bedroom boasts a large robe and stylish ensuite. The remaining 3 bedrooms all have built-in robes plus an additional room that could become bedroom five, an office or a kids zone.

Impressive features include the timber kitchen benchtop with large butlers pantry, wood fire heating, split system air-conditioning, ceiling fans, high ceilings, bluetooth surround system and an additional outside toilet for when entertaining.

Beyond the home, the magic continues with self-sufficient living featuring a 12kW fronius solar system, apricus solar hot water, 130,000lt rainwater tank plus an additional 15,000lt tank for washing vehicles delivering low-cost living. The elevated veggie patch and chook pen also offers an all year-round food source.

The 30x8m main shed offering 3.6m high remote doors perfect for the boat, caravan or horse float. A separate horse tack room, upstairs mezzanine storage area plus an impressive workshop and mancave. There is also a 4 bay machinery/hay shed.

The versatile fertile paddocks have been strategically divided into 6 paddocks including a laneway for easy management of horses or cattle, electrified, with troughs all fed from the 2 dams that supply an abundance of water.

Featuring cattle ramp, day yards, stable and wash bay, sand round yard and 20x40m arena with outdoor lighting. This sensational property's credentials for horses, raising cattle, hobby farming, agistment or simply enjoying a superior quality rural lifestyle in a very private, idyllic setting located less than 2km into the local bushland ready to explore on horseback, motorbike or 4WD.

So much to offer from this immaculately presented home, there is just no comparison. All the hard work is done and it's waiting for you to move in and enjoy rural freedom.

Contact James Hourigan 0418 246 671 to arrange your private inspection of this magnificent property today.

Listing description written by James Hourigan, Keith Williams Real Estate Traralgon — reproduced as published, not verified by Districts.

Property features

  • Living Areas: 1

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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.