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
$1,050,000
Last sold
2 June 2023
4
Bedrooms
2
Bathrooms
5
Car spaces
2,003 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
$1,050,000
2 June 2023 · derived via latest_sale
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
+78.9%
Median sale
Suburb $587,000
-2.00 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 McGrath BallaratSituated in the popular Blind Creek Road Estate in Cardigan on an expansive 2003 sqm allotment, this home was constructed with fun, family living absolutely front of mind.
• This Langdon built home has been beautifully cared for, with plenty of thought gone into improving the home since its construction in 2016.
• Inside the home offers four bedrooms plus a study space, with all rooms offering well above average size and robe space.
• The home is set over two wings, all centered around the central family living quarters.
• Bedrooms two, three and four are positioned at the west wing of the home and surround a study space, the stylish main bathroom, storage closet, laundry and powder room.
• The east wing is your master bedroom quarters. Double doors lead you into the suite, with a huge well-designed walk-through robe to the lavish ensuite with a feature freestanding bath, dual black basins and a large walk in shower.
• The kitchen is fabulous, offering striking feature stone counters, a 900mm stove, butlers pantry with a servery window out to the entertaining space and an additional walk in pantry that homes your fridge.
• The family living zone backs onto the home theatre, a great place to catch a movie or the Friday night footy.
• Through fully retractable stacking sliding doors you make your way out to the entertaining room. An inset deck, two ceiling fans, a bar with feature lighting and a wood fire.
• Follow the deck down to the 17m x 6m Colorbond carport and garage. The concrete driveway leads you all the way down the back and is positioned behind feature gates, allowing you to store your caravan/boat or trailer securely in the carport, garage or rear yard space. Inside the shed is plenty of power options, another bar and a wood fire.
• Further features of note include a drying cupboard, feature plantation shutters, 9 foot ceilings throughout, 2340 internal doors and a Velux window in the study area. The solar set up is fantastic, 6.6kw with 22 panels, really taking the edge off your energy bills. Gas central heating and refrigerated cooling.
• Beautifully landscaped gardens and grounds complete a magnificent family home in a wonderful location, just minutes to Lucas schools and shopping. Enjoy the perks of living on a 2003sqm allotment amongst quality homes, with city convenience just down the road.
• Your inspection will not disappoint, contact Dan today to arrange a viewing.
Listing description written by Daniel Nestor, McGrath Ballarat — reproduced as published, not verified by Districts.