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VIC › Cape Woolamai › First Ave

31 First Ave, Cape Woolamai VIC 3925

House

4

Bedrooms

2

Bathrooms

2

Car spaces

585 m²

Land

205 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • CalculationRecorded House sales in Cape Woolamai (last 5 years) with land size: median $1,257/m² of land (n=48). 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

No recorded sale price for this property yet.

Local land rate: recorded House sales in Cape Woolamai (last 5 years) with land size have a median of $1,257/m² of land (n=48). Districts calculation from recorded sales — not a valuation.

Cape Woolamai at a glance

2,228

People

$624,000

Median sale

$508/wk

Median rent

4.23%

Suburb gross yield

Median sale from 26 recorded sales (last 12 months) — a Districts calculation.

See the full Cape Woolamai report →

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. Soldprice unknown6 June 2023
  2. Listedprice unknowncompleted16 May 2023

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 $508/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

Cape Woolamai in one glance

Cape Woolamai at a glance

2,228

People

$624,000

Median sale

$508/wk

Median rent

4.23%

Suburb gross yield

Median sale from 26 recorded sales (last 12 months) — a Districts calculation.

See the full Cape Woolamai report →

Keep researching

  • Why Cape Woolamai? Read the area thesis →
  • What else is on the market in Cape Woolamai →
  • Other records on First Ave →

Listing material

Listed by Ray White Phillip Island

A Slice of Paradise!

This delightful coastal home with a great floor plan is situated in a quiet location offering complete privacy in lovely low maintenance tropical surrounds. As you enter the the home, you'll find yourself in the spacious central living, kitchen and dining area boasting fabulous high ceilings which provides a wonderful open and airy feel to the space. From here, a sliding door opens onto a large alfresco area overlooking the garden which is perfect for entertaining.

To one end of the home, you'll find the master bedroom complete with a walk-in robe and ensuite providing a peaceful retreat from the rest of the home.

The remaining three bedrooms and the family bathroom are situated at the other end of the home, offering separation from the master suite. The family bathroom is modern and stylish including a bath and separate shower.

Read the full description

The extra large fourth bedroom can easily be used as a second living area and has sliding door access to the gorgeous outdoor entertaining deck. This area is perfect for enjoying the tropical garden, entertaining guests, or just relaxing in the sunshine.

The double garage is fitted with storage cupboards and a rear roller door for access to the yard.

With a great selection of eateries in the Cape Woolamai shopping precinct and a choice of either the bay or surf beach together with incredible walking tracks, this property will suit for either comfortable permanent living or as a tranquil holiday retreat.

Overall, this single-level home offers the perfect balance of indoor and outdoor living, with a central living area, master suite, and a large outdoor deck. The tropical garden adds to the overall ambiance of the property, providing a peaceful and serene retreat that is perfect for those seeking a little slice of paradise.

Other great features include: polished timber floors, two x split system heating and cooling units, dishwasher, new oven, new carpet to bedrooms, outdoor shower, two courtyards, fully fenced yard

This property for sale in Cape Woolamai, is proudly presented to you by Ray White Real Estate Phillip Island.

Listing description written by Yvette Tancheff, Ray White Phillip Island — reproduced as published, not verified by Districts.

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.