Rockbank at a glance
3,688
People
$620,000
Median sale
$531/wk
Median rent
4.45%
Suburb gross yield
Median sale from 180 recorded sales (last 12 months) — a Districts calculation.
VIC › Rockbank › Socrates Way
3
Bedrooms
2
Bathrooms
2
Car spaces
688 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Rockbank (last 5 years) with land size have a median of $1,924/m² of land (n=104). Districts calculation from recorded sales — not a valuation.
Rockbank at a glance
3,688
People
$620,000
Median sale
$531/wk
Median rent
4.45%
Suburb gross yield
Median sale from 180 recorded sales (last 12 months) — a Districts calculation.
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 $531/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
Rockbank at a glance
3,688
People
$620,000
Median sale
$531/wk
Median rent
4.45%
Suburb gross yield
Median sale from 180 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Century 21 Paramount Realtors CSCENTURY 21 PROUDLY PRESENTS – 32 Socrates Way, Rockbank VIC 3335
A Rare Opportunity – Renovated, Spacious & Packed with Potential
Positioned in one of Rockbank's fastest-growing and most in-demand locations, this fully renovated family home on a generous 688 sqm (approx.) block delivers the ideal blend of comfort, space, and long-term opportunity. Whether you're a homebuyer, investor, or developer, this versatile property truly ticks all the boxes!
Property Features:
* 3 Bedrooms, including a spacious master bedroom with an ensuite
* 2 Renovated Bathrooms
* 4-Car Garage – Ideal for families or tradespeople
* Fully Renovated Throughout – Featuring brand-new flooring
* Built-in Robes in all bedrooms
* Split-System Heating & Cooling in Every Room
* Remote-Controlled Front Gate – Enhanced privacy and security
* Large Pergola – Perfect for year-round entertaining
* Generous Shed – Ideal for storage or a workshop
Development Potential:
With the potential to build 3 townhouses (STCA), this property represents a rare opportunity for savvy investors and developers looking to unlock serious value in a premium location.
Location Highlights:
* Just 5 minutes to Rockbank Train Station
* Only 30 minutes to Melbourne CBD
* 5 minutes to Woodlea Shopping Centre
* Walking distance to:
* Rockbank Primary School
* Rockbank Football & Sporting Club
* Rockbank SkatePark
* World of Life Christian Church
* Local bus stops
* 7 minutes to 7-Eleven Rockbank
* 9 minutes to Woodgrove Shopping Centre
* 5 minutes to Bacchus Marsh Grammar School
* Seconds from Western Freeway access
A Perfect Family Start or Smart Investment!
An opportunity like this is rare and won't last long. Whether you're looking to move in, lease out, or develop, this property offers exceptional value in a thriving, well-connected community.
An opportunity like this is RARE to come by and will not last long! To be a part of this exciting experience, living a balanced and active lifestyle.
Don't miss this amazing opportunity to own this beautiful property.
CONTACT US NOW!! Adesh Rana 0416 760 080 and Andy Panjeta 0473 774 227
Due diligence checklist - for home and residential property buyers - http://www.consumer.vic.gov.au/duediligencechecklist
Listing description written by Adeshh Ranaa, Century 21 Paramount Realtors CS — reproduced as published, not verified by Districts.