Churchill at a glance
5,358
People
$460,000
Median sale
$390/wk
Median rent
4.41%
Suburb gross yield
Median sale from 58 recorded sales (last 12 months) — a Districts calculation.
VIC › Churchill › Canterbury Way
For sale
For sale
7
Bedrooms
3
Bathrooms
5
Car spaces
12,707.129 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
Asking
No recorded sale price for this property yet.
Local land rate: recorded House sales in Churchill (last 5 years) with land size have a median of $622/m² of land (n=119). Districts calculation from recorded sales — not a valuation.
Churchill at a glance
5,358
People
$460,000
Median sale
$390/wk
Median rent
4.41%
Suburb gross yield
Median sale from 58 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
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 $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.
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
Churchill at a glance
5,358
People
$460,000
Median sale
$390/wk
Median rent
4.41%
Suburb gross yield
Median sale from 58 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Realm Property Group OatleyRIC REALTY GROUP proud to present you this house with multiple opportunities situated on a sprawling over 3.14 Acres residential block. With its spacious layout, its offering main house (5 BR), separate mancave area bungalow with 2 bedrooms/kitchen/bath/double garage. It is a great opportunity for developers & investors to lease the existing house and develop the balance land.
This prestigious living style property has been designed for multiple occupancies within a resort style designed environment, surrounded by every convenience including Churchill town centre, Woolworths, Federation university, Churchill leisure centre, Monash way, Princes Freeway and more.
This property offerings below features:
• Size – 3.14 Acres
• GRZ – General Residential Zone
• NDA: 100%
• Improvements: Double storey house with separated Bungalow
• Yield: Retain the existing double storey house further 16 lots can be created (STCA)
• Next to existing residential.
• Services on property
• Total 17 Lots can be created including retaining the existing double storey house (STCA)
• 2 Separate Dwellings on 1 property - Main House and Bungalow
• Suitable for investors - Earn Rent from two Dwellings
• Suitable for developers for sub-divisions
Main House:
• 5 Bedrooms
• Upstairs Master bedroom with ensuite & WIR
• 4 Bedrooms with walk in robe
• Separate central bathroom
• Separate powder room
• Dinning & Living area
• Kitchen with walk in pantry
Second House / Bungalow (mancave Area):
• 2 Bedrooms upstairs
• Kitchen
• Bathroom & toilet
• Living area
• Double Garage
Other key features:
• Land Size: 3.14 Acres
• Zoning: GRZ
• Potential for Higher Rental Yield
• Potential for further sub-division with keeping existing house (STCA)
• Within 2 KM from Library, Medical Centre, Woolworths Shopping Centre
• 1.9 KM from Churchill Leisure Centre
• 2.1 KM from Federation University & Golf club
• 12 KM from Morwell
• 20 KM from Traralgon
• 60 KM from Warragul
• 100KM from Pakenham
For further inquiries & book an Inspection/appointment, please contact Alap Patel on 0475 200 506 or Ajay Pal on 0432 611 864.
Please see the below link for an up-to-date copy of the Due Diligence Check List: http://www.consumer.vic.gov.au/duediligencechecklist.
Disclaimer:
In preparing this information, RIC REALTY GROUP and its members has relied in good faith upon information provided by others and has made all reasonable efforts to ensure that the information is correct. The accuracy of the information provided to you (whether written or verbal) cannot be guaranteed. If you are considering this property, you must make all enquiries necessary to satisfy yourself that all information is accurate.
Listing description written by Ajay Pal, Realm Property Group Oatley — reproduced as published, not verified by Districts.
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