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VIC › Wangaratta › Logan Dr

31 Logan Dr, Wangaratta VIC 3677

For saleHouse for Sale

$599,000

For sale

Asking

2

Bedrooms

1

Bathrooms

2

Car spaces

391.768 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $599,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $599,000(Listing record · 1 July 2026)
  • FactLand 392 m²; no building size recorded.(Property record)
  • CalculationAsk is 3% above the Wangaratta median recorded sale ($579,000, n=138, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Wangaratta's advertised median rent ($427/wk), implied gross yield would be 3.71% — 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

$599,000

Asking · $1,529/m² of land

No recorded sale for this property.

Wangaratta at a glance

19,199

People

$579,000

Median sale

$427/wk

Median rent

3.83%

Suburb gross yield

Median sale from 138 recorded sales (last 12 months) — a Districts calculation.

See the full Wangaratta report →

Vs Wangaratta

+3.5%

Median sale

Suburb $579,000

-0.12 pp

Gross yield

Suburb 3.83%

Suburb median $579,000 from 138 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$599,000
Stamp Duty (Victoria)
$31,010
Transfer/Registration Fee
$1,506
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
$635,216

$36,216 on top of the price (6.0% 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

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

Net yield
2.21%
Annual cashflow (pre-tax)
$-17,929
Interest cover (DSCR)
0.42
Annual rent
$22,204
Operating expenses
$8,985
Loan amount
$479,200
Annual interest
$31,148
Gross yield
3.71%

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$599,000available1 July 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 $427/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 3.7%. 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

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

Wangaratta in one glance

Wangaratta at a glance

19,199

People

$579,000

Median sale

$427/wk

Median rent

3.83%

Suburb gross yield

Median sale from 138 recorded sales (last 12 months) — a Districts calculation.

See the full Wangaratta report →

Keep researching

  • Why Wangaratta? Read the area thesis →
  • What else is on the market in Wangaratta →
  • Other records on Logan Dr →

Listing material

Listed by Tait Real Estate & Co

Downsize Without Downsizing Your Lifestyle

Perfectly positioned within the highly sought-after Cambridge Drive Estate, this beautifully presented two-bedroom townhouse delivers the ideal combination of modern comfort, versatility and low-maintenance living. Set on a corner allotment of approximately 391m², it is perfectly suited to downsizers, young professionals, investors or those seeking a secure lock-up-and-leave lifestyle.

Designed with both practicality and style in mind, the light-filled open plan living, dining and kitchen area creates an inviting space to relax and entertain. The well-appointed kitchen offers quality appliances including a gas cooktop, electric wall oven, dishwasher and a cleverly concealed pantry, all complemented by generous bench space and an abundance of storage.

Both bedrooms are generously proportioned and feature built-in robes and ceiling fans, while the spacious central bathroom includes a separate shower and an oversized vanity. A split system provides year-round comfort to the living area, with quality carpets, tiled flooring and day/night blinds adding to the home's modern appeal.

Read the full description

One of the standout features of the property is the double garage. Complete with carpet, ceiling fan, remote entry and direct internal access, this versatile space is much more than a place to park the cars. It offers endless possibilities as a second living area, hobby room or the perfect space to showcase your pride and joy.

Outside, the home continues to impress with secure colourbond fencing, easy-care landscaping and wide gated side access-ideal for safely storing a caravan, trailer, golf buggy or additional vehicle. It's a fantastic setup for grey nomads wanting the freedom to travel while enjoying a secure, low-maintenance home upon their return.

Located within the ever-popular Cambridge Drive Estate, surrounded by quality homes and just a short walk to the Wangaratta Indoor Sports & Aquatic Centre, scenic walking tracks and the Wangaratta Golf Club-where you can even take the golf buggy from home to the course-31 Logan Drive offers an outstanding lifestyle of comfort, convenience and flexibility. Whether you're looking to downsize without compromise, secure an easy-care home in a premium location or add a quality investment to your portfolio, this impressive property presents an opportunity not to be missed.

For further information or to arrange a private inspection, please contact:

Connor Tait - Tait Real Estate

M: 0493 674 245

E: connor@taitrealestate.com.au

W: www.taitrealestate.com.au

Disclaimer:

*Some images used in this marketing material may have been digitally enhanced or include virtual staging for illustrative purposes. Accordingly, the appearance of the property, furnishings, and surroundings may differ from what is shown. Prospective purchasers are advised to rely on their own inspections to verify the property's condition and presentation.

Listing description written by Connor Tait, Tait Real Estate & Co — reproduced as published, not verified by Districts.

Property features

  • Built-in Robes
  • Dishwasher
  • Fully Fenced
  • Remote Garage
  • Secure Parking
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.