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VIC › South Morang › Rolain Ave

3 Rolain Ave, South Morang VIC 3752

For saleHouse for Sale

$890,000–$979,000

For sale

Asking range

4

Bedrooms

2

Bathrooms

4

Car spaces

582 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $890,000–$979,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $890,000–$979,000(Listing record · 20 Aug 2026)
  • FactLand 582 m²; no building size recorded.(Property record)
  • CalculationAsk is 25% above the South Morang median recorded sale ($709,750, n=10, last 24 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at South Morang's advertised median rent ($551/wk), implied gross yield would be 3.22% — this is not a rent for this listing.(Districts scenario calculation)

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

The ask against the evidence

Asking

$890,000–$979,000

Asking range · $1,529/m² of land

No recorded sale for this property.

South Morang at a glance

26,373

People

$709,750

Median sale

$551/wk

Median rent

4.04%

Suburb gross yield

Median sale from 10 recorded sales (last 24 months) — a Districts calculation.

See the full South Morang report →

Vs South Morang

+25.4%

Median sale

Suburb $709,750

-0.82 pp

Gross yield

Suburb 4.04%

Suburb median $709,750 from 10 recorded sales (last 24 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$890,000
Stamp Duty (Victoria)
$48,470
Transfer/Registration Fee
$2,187
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$944,357

$54,357 on top of the price (6.1% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with South Morang's advertised median rent — not a rent for this listing.

Net yield
1.72%
Annual cashflow (pre-tax)
$-30,978
Interest cover (DSCR)
0.33
Annual rent
$28,652
Operating expenses
$13,350
Loan amount
$712,000
Annual interest
$46,280
Gross yield
3.22%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

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. Listed$890,000–$979,000available20 Aug 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 $551/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

Gross yield if leased at the suburb aggregate is 3.2%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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

South Morang in one glance

South Morang at a glance

26,373

People

$709,750

Median sale

$551/wk

Median rent

4.04%

Suburb gross yield

Median sale from 10 recorded sales (last 24 months) — a Districts calculation.

See the full South Morang report →

Keep researching

  • Why South Morang? Read the area thesis →
  • What else is on the market in South Morang →
  • Other records on Rolain Ave →

Listing material

Listed by Nostro Real Estate

Stunning family home, stylish updates with exceptional comfort !

TAKE A PEEK:

- Immaculately presented four-bedroom plus study brick home

- Located in the heart of the highly sought after Lakes Estate

Read the full description

- Multiple living zones ensure space & comfort for the entire family

- Set on an expansive 582sqm (approx.) block with manicured gardens

- Fully renovated kitchen and bathroom upgrades throughout

- Ample parking highlighted by a double garage with drive through access

- Just steps to the Lakes Promenade shops and cafes

- Minutes to Westfield Plenty Valley & South Morang Train station

- Multiple primary & high school options as well and childcare

- Stunning uninterrupted views of Henderson Creek parks & wetlands

- The perfect home combining luxury, space and modern functionality

LOOK INSIDE:

- Expansive street frontage with immediate views of Henderson Creek

- Featuring four spacious bedrooms & study or 5th bedroom option

- Master bedroom complete with ensuite bathroom & walk in robe

- Three further carpeted bedrooms complete with built in robes

- Multiple living zones showcase space for the growing family

- Spacious front formal lounge highlighted by stunning timber flooring

- Entertainers kitchen featuring stone benchtops & ample cupboard space

- Kitchen offers quality 900 mm stainless steel appliances & soft closing drawers

- A separate island bench & breakfast bar offer ample space for meal preparation

- Large second open plan lounge/dining area compliment the abundance of space

- Fully renovated central bathroom complete with stone vanity, recess bath & shower

- All wet areas offer ceiling to floor tiles and stone finishes

- Large meals area flows to the second lounge room for relaxed family living

- Entertaining & living areas offer well thought out space & functionality

- Evaporative cooling & ducted heating throughout the home offer year-round comfort

- 2 x additional reverse cycle split system units provide energy savings

- Internal laundry with space for appliances, stone bench & storage

- Remote double garage with drive through access offers additional parking

- Glass sliding doors lead from the second living area to a large outdoor pergola

- Rear backyard features plenty of room for kids and pets to play

- LED lighting & quality window furnishings throughout the home

- Property features 17 roof mounted solar panels

- Additional inclusions include touch screen intercom, alarm & electric security shutters

- Beautifully maintained & nurtured with care, immaculate presentation inside & out

THE AREA:

- Zoned under 'General Residential Zone - Schedule 1'

- Positioned within the Whittlesea City Council

- Just minutes from South Morang & Middle Gorge train stations

- Promenade shops and cafes just steps away from your front door

- Cafes, eateries & Westfield Plenty Valley South Morang all nearby

- Close proximity to The Lakes South Morang & Marymede Catholic College

- Quiet tree lined street in a family friendly area

- Childcare and medical services all within easy reach

- An abundance of parks, recreation reserves & bike trails all nearby

THE CLOSER:

- Immaculately presented home offering space and the ultimate lifestyle

- Renovated meticulously, the hard work has already been done

- Multiple living zones create the perfect blend of space & functionality

- Position perfect on the heart of the Lakes Estate with everything just minutes away

- Expansive 582 sqm block ( approx. ) offers space for the entire family

- Wide street frontage with picturesque views of Henderson Wetlands

- Remote double garage with drive through access and additional off street parking

- Convenient access to local schools, parklands, shopping & public transport

* NOTE : PHOTO I.D REQUIRED AT ALL OPEN FOR INSPECTIONS *

DISCLAIMER : Please note that all dimensions are approximate only and the particulars given are for information only & do not constitute any direct representation on the part of the agent or vendor. All interested parties are required to make their own direct enquiries to verify and confirm the information provided.

While every effort has been made to ensure the information provided is correct, NOSTRO Real Estate is not responsible for any inaccuracies.

https://www.consumer.vic.gov.au/duediligencechecklist

Listing description written by Matt Nostro, Nostro Real Estate — reproduced as published, not verified by Districts.

Property features

  • Built-in Robes
  • Dishwasher
  • Ducted Heating
  • Ensuites: 1
  • Floorboards
  • Fully Fenced
  • Gas Heating
  • Intercom
  • Outdoor Entertaining
  • Remote Garage
  • Secure Parking
  • Solar Panels
  • Study
  • Toilets: 2
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.