Lancefield at a glance
2,999
People
$723,500
Median sale
$545/wk
Median rent
3.92%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
VIC › Lancefield › Lancelot Cres
$595,000
Last sold
7 Apr 2026
3
Bedrooms
2
Bathrooms
1
Car spaces
373 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
$595,000
7 Apr 2026 · derived via latest_sale
Local land rate: recorded House sales in Lancefield (last 5 years) with land size have a median of $897/m² of land (n=61). Districts calculation from recorded sales — not a valuation.
Lancefield at a glance
2,999
People
$723,500
Median sale
$545/wk
Median rent
3.92%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
Vs Lancefield
-17.8%
Median sale
Suburb $723,500
+0.84 pp
Gross yield
Suburb 3.92%
Suburb median $723,500 from 20 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 $545/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
Lancefield at a glance
2,999
People
$723,500
Median sale
$545/wk
Median rent
3.92%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Leading Real EstateDOWNSIZE OR START IN A RENOVATED DELIGHT!
Welcome to 3 Lancelot Crescent, Lancefield - a beautifully renovated residence offering contemporary style, quality finishes and effortless living on approximately 373sqm of low-maintenance land. Thoughtfully updated throughout, this impressive home presents a seamless blend of comfort and practicality, ideal for families, downsizers or investors seeking a move-in-ready opportunity.
Step inside to discover a light-filled interior enhanced by rich quality hardwood-like flooring and sleek LED downlights, creating a warm yet modern ambiance throughout. The generous open plan living and dining zone forms the true heart of the home, offering a versatile space for everyday living, relaxed evenings and effortless entertaining. Large windows invite in natural light, while the well-designed layout ensures a smooth flow between living areas.
The home comprises three well-proportioned bedrooms, each offering comfort and functionality. The spacious master suite serves as a private retreat, complete with its own ensuite and walk in robe for added convenience and privacy. The remaining bedrooms are serviced by a stylish central bathroom, thoughtfully appointed to accommodate family living or guests with ease. An abundance of built-in storage throughout the home enhances everyday practicality and keeps spaces uncluttered.
Year-round comfort is assured with ducted heating and evaporative cooling, while additional split systems provide flexible climate control tailored to individual preferences. Every detail has been carefully considered to ensure both comfort and efficiency.
Outdoors, the low-maintenance yard offers the perfect balance of space and simplicity. A covered alfresco area creates an inviting setting for weekend barbecues, entertaining family and friends, or simply enjoying a quiet morning coffee. Designed for easy care, the outdoor space allows you to spend more time relaxing and less time maintaining.
Positioned in a peaceful and desirable pocket of Lancefield, this beautifully updated home delivers modern living with all the comforts in a charming township environment. Offering style, space and convenience, 3 Lancelot Crescent is ready to welcome its next chapter.
Call Khala Tonga on 0439 913 341 to register your interest for a private viewing or for the scheduled open home!
** PHOTO ID IS REQUIRED FOR ALL APPOINTMENTS**
Listing description written by Khala Tonga, Leading Real Estate — reproduced as published, not verified by Districts.