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VIC › Cobblebank › Gem Cres

27 Gem Cres, Cobblebank VIC 3338

House

$680,000

Last sold

19 June 2026

4

Bedrooms

2

Bathrooms

4

Car spaces

450 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 $680,000 (19 June 2026).(Recorded sale)
  • FactLand 450 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Cobblebank (last 5 years) with land size: median $1,613/m² of land (n=143). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  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

$680,000

19 June 2026 · derived via latest_sale

Local land rate: recorded House sales in Cobblebank (last 5 years) with land size have a median of $1,613/m² of land (n=143). Districts calculation from recorded sales — not a valuation.

Cobblebank at a glance

5,549

People

$648,500

Median sale

$493/wk

Median rent

3.95%

Suburb gross yield

Median sale from 82 recorded sales (last 12 months) — a Districts calculation.

See the full Cobblebank report →

Vs Cobblebank

+4.9%

Median sale

Suburb $648,500

-0.18 pp

Gross yield

Suburb 3.95%

Suburb median $648,500 from 82 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

  1. Sold$680,00019 June 2026
  2. Listedprice unknowncompleted13 May 2026

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?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $493/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.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • 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?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). 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

    Development applications have not been queried 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

Cobblebank in one glance

Cobblebank at a glance

5,549

People

$648,500

Median sale

$493/wk

Median rent

3.95%

Suburb gross yield

Median sale from 82 recorded sales (last 12 months) — a Districts calculation.

See the full Cobblebank report →

Keep researching

  • Why Cobblebank? Read the area thesis →
  • What else is on the market in Cobblebank →
  • Other records on Gem Cres →

Listing material

Listed by Ray White Melton

Spacious East-Facing Family Home in Thriving Cobblebank

Proudly presented by Sahil Mahajan | Ray White Melton

Welcome to 27 Gem Crescent, Cobblebank - a beautifully designed East-facing family home that perfectly blends space, comfort, and future growth potential in one of Melbourne's fastest-growing communities.

Positioned on a generous 450sqm (approx.) allotment, this impressive residence offers modern family living with multiple living zones, quality inclusions, and exceptional lifestyle convenience - making it ideal for growing families, first-home buyers, and savvy investors alike.

Read the full description

Interior Features Designed for Modern Living

Thoughtfully designed with both functionality and comfort in mind, this spacious home offers:

4 spacious bedrooms, including a master bedroom with private ensuite and ample wardrobe space

Remaining bedrooms serviced by a modern central bathroom and separate toilet

Expansive open-plan living and dining area perfect for everyday family living

Separate lounge area ideal for entertaining guests or creating an additional retreat

Well-appointed kitchen with quality appliances, generous bench space, and ample storage

Split system air conditioning units installed throughout the home for year-round comfort

Solar power system for enhanced energy efficiency and reduced electricity costs

Double remote garage with secure internal access

Prime Location & Lifestyle Benefits

Perfectly positioned within close proximity to key amenities and future infrastructure, this home delivers outstanding convenience and connectivity.

Close to the upcoming Melton Hospital and Cobblebank Community Centre

Near Strathtulloh Primary School and the upcoming secondary school

Close to St Francis Catholic College, Cobblebank

Short drive to Cobblebank Train Station and Cobblebank Stadium

Walking distance to Cobblebank Village Shopping Centre featuring Coles, cafés, dining, and retail stores

Close to schools, parks, sporting grounds, leisure facilities, and the future leisure centre

Major Upcoming Developments - A Smart Investment Opportunity

Cobblebank and the surrounding Melton region are undergoing significant transformation, making this property a fantastic opportunity for long-term growth and investment potential.

Melton Hospital (Due 2029)

A $900 million fully electric, state-of-the-art hospital featuring:

274 beds

24/7 emergency services

ICU, maternity and neonatal care

Mental health, radiology, and outpatient services

Over 6,400 jobs created during and after construction

Amazon Data Centre & Community Civic Centre

Major employment and economic hub

Expected to create approximately 400 new jobs

Upcoming Kangan TAFE

Future education precinct with capacity for approximately 1,200 students

Cobblebank Metropolitan Activity Centre (MAC)

A visionary 100-hectare master-planned civic and commercial hub including:

Retail, education, and commercial precincts

Entertainment and community spaces

Future rail electrification and major transport upgrades

Already home to Cobblebank Train Station and Cobblebank Village Shopping Centre

Key Features at a Glance

East-facing home on 448sqm (approx.)

4 spacious bedrooms

2 modern bathrooms

Multiple living zones including separate lounge

Open-plan living and dining

Split system air conditioning throughout

Solar power system

Double garage with internal access

Walking distance to Cobblebank Village

Close to schools, transport, parks, and sporting facilities

Excellent future growth and investment potential

Don't Miss This Opportunity

Whether you're looking for the perfect family home or a quality investment in a rapidly growing location, 27 Gem Crescent, Cobblebank is an opportunity not to be missed.

Contact Sahil Mahajan on 0405 028 899 at Ray White Melton today to arrange your private inspection.

Photo ID Required for All Property Inspections

Please refer to the link below for the most recent Due Diligence Checklist:

https://bit.ly/RWDue_Diligence

Please refer to the link below for Ray White's Collection Notice:

https://bit.ly/RW_PrivacyNotice

DISCLAIMER: All dimensions are approximate. The details provided are for general information purposes only and do not constitute any representation by the vendor or real estate agent. This document has been prepared solely for marketing purposes. While every effort has been made to ensure the accuracy of the information, we do not accept responsibility for any errors. Prospective buyers should conduct their own inquiries to verify the information provided.

Listing description written by Sahil Mahajan, Ray White Melton — reproduced as published, not verified by Districts.

Property features

  • Solar Panels
Districts

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.