Cardigan at a glance
3,086
People
$587,000
Median sale
$512/wk
Median rent
4.54%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
VIC › Cardigan › Monument Blvd
$1,460,000
Last sold
19 July 2024
4
Bedrooms
2
Bathrooms
5
Car spaces
2,011 m²
Land
Districts View
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
$1,460,000
19 July 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 House sales in Cardigan (last 5 years) with land size have a median of $367/m² of land (n=24). Districts calculation from recorded sales — not a valuation.
Cardigan at a glance
3,086
People
$587,000
Median sale
$512/wk
Median rent
4.54%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Vs Cardigan
+148.7%
Median sale
Suburb $587,000
-2.72 pp
Gross yield
Suburb 4.54%
Suburb median $587,000 from 13 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
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
VICPlanning 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.
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
No advertised rent is recorded. Suburb median rent $512/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.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
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?
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
Cardigan at a glance
3,086
People
$587,000
Median sale
$512/wk
Median rent
4.54%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ballarat Property Group SalesBuilt with a clear emphasis on a combination of quality and functionality, this property isnt a house - its a home. And it could be home for your family for a long time. With plenty of space on offer inside and outside, its hard to see why youd ever want to leave!
Just over twelve months old and situated in the Blind Creek Road estate of Cardigan, this property is surrounded by homes of similar dimensions and quality.
Beyond the stunning modern contemporary facade, you will step inside to a formal entry, with built in study space to your left, and the central kitchen/meals living zone beyond the divider wall. Here you will discover gas log fire with stunning fireplace surround, substantial living quarters and a kitchen of the highest quality. Twin ovens (including one pyrolytic), induction cook-top, top quality stainless steel appliances and stone counters are amongst the features. The cook will appreciate the full butlers pantry with preparation sink and elaborate joinery fit out.
The master suite has been well thought out in its design, with an enormous walk in robe with superb joinery options in a his and hers sides set up. The bedroom offers French doors out to the north facing rear yard, and the en-suite has a real touch of class, with stone bench, dual basins, plantation shutters, walk in shower and a separate toilet.
Living areas are plentiful. In addition to the family room is a home theatre room or formal lounge, and a rumpus area for the kids to play in on the entry to the kids wing. Here you will find the remaining three bedrooms, all of excellent size and each boasting their own walk in robes. The family bathroom is also situated off the kids wing, in close proximity to these bedrooms, and again offers dual basins, walk in shower and bath.
Outside, youll love the airy north facing alfresco entertaining area with exposed aggregate paving, that overlooks the expanded of the 2011sqm (approx.) allotment. In addition to the oversized double garage on the home (also offers a storage area), there is plenty of width to the side access gates, which leads you down to the 16m x 7m rear colour bond shed - with two roller door bays plus a man cave/entertaining area that has been lined and insulated and offers a wash sink and bathroom and toilet.
Further features of note include gas central heating and evaporative cooling throughout, ducted vacuum, plenty of storage space and a powder room.
An outstanding entertainers delight. Be the envy of your family and friends, and call 26 Monument Boulevard home.
Listing description written by Daniel Nestor, Ballarat Property Group Sales — reproduced as published, not verified by Districts.