Point Cook at a glance
72,239
People
$815,000
Median sale
$529/wk
Median rent
3.38%
Suburb gross yield
Median sale from 113 recorded sales (last 12 months) — a Districts calculation.
VIC › Point Cook › Saltwater Promenade
$740,000–$780,000
For sale
Asking range
4
Bedrooms
2
Bathrooms
2
Car spaces
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
$740,000–$780,000
Asking range
No recorded sale for this property.
Point Cook at a glance
72,239
People
$815,000
Median sale
$529/wk
Median rent
3.38%
Suburb gross yield
Median sale from 113 recorded sales (last 12 months) — a Districts calculation.
Vs Point Cook
-9.2%
Median sale
Suburb $815,000
+0.34 pp
Gross yield
Suburb 3.38%
Suburb median $815,000 from 113 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Based on the low end of the asking range, not a contract price.
$45,006 on top of the price (6.1% extra)
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.
Based on the low end of the asking range, not a contract price.
Pre-filled with Point Cook's advertised median rent — not a rent for this listing.
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.
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 $529/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.
Gross yield if leased at the suburb aggregate is 3.7%. 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
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
Point Cook at a glance
72,239
People
$815,000
Median sale
$529/wk
Median rent
3.38%
Suburb gross yield
Median sale from 113 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White Point CookWelcome to 308 Saltwater Promenade, Point Cook - a beautifully refreshed family residence offering an exceptional blend of space, style and lifestyle in the prestigious Saltwater Estate.
Set behind brand-new front landscaping, this impressive four-bedroom home has been thoughtfully enhanced to deliver a fresh, sophisticated feel throughout. With two generous living areas and a dedicated study, there is plenty of space for families to relax, work and entertain in comfort.
Recently freshly painted and fitted with new carpets, the interiors offer a refined and move-in-ready experience. At the heart of the home, the master suite provides a private retreat complete with a walk-in robe and luxurious ensuite, while all remaining bedrooms are generously proportioned and complemented by split-system air conditioning for year-round comfort.
Adding further appeal, the property is equipped with solar panels, combining modern convenience with energy-conscious living.
But the luxury extends beyond your front door. As a resident of the renowned Saltwater Estate, you enjoy access to an enviable suite of resort-style amenities, including the estate gym, café, playgrounds and family function rooms - creating a lifestyle where everything you need is right at your doorstep.
Perfectly positioned within easy reach of Saltwater P-9 College, Homestead Senior Secondary College and Tribeca Village Shopping Centre, this is an opportunity to secure a beautifully presented family home in one of Point Cook's most sought-after communities.
Property Highlights
• Four spacious bedrooms
• Master bedroom with walk-in robe & ensuite
• Two separate living areas
• Dedicated study
• Brand-new front landscaping
• Freshly painted throughout
• Brand-new carpets
• Split-system air conditioning to all bedrooms
• Solar panels
• Access to Saltwater Estate's premium amenities
• Gym, cafe, playgrounds & family function rooms
• Close to Saltwater P-9 College
• Conveniently located near Homestead Senior Secondary College
• Moments from Tribeca Village Shopping Centre
A beautifully refreshed home. A prestigious estate. An exceptional lifestyle.
Disclaimer: All stated dimensions, measurements, property information, and nearby amenities are provided in good faith and are for general information purposes only. Prospective purchasers should make their own enquiries and conduct their own due diligence to verify the accuracy of all information. In accordance with Consumer Affairs Victoria guidelines, the photographs used in this advertisement may have been digitally enhanced, edited, or virtually staged for illustrative and marketing purposes. While every effort has been made to present the property as accurately as possible, buyers are encouraged to inspect the property in person and rely on their own investigations before making any purchasing decision.
Listing description written by Ash Mahajan, Ray White Point Cook — reproduced as published, not verified by Districts.