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VIC › West Wodonga › Lawrence St

324 Lawrence St, West Wodonga VIC 3690

House

$475,000

Last sold

3 June 2024

4

Bedrooms

2

Bathrooms

6

Car spaces

691 m²

Land

161 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLast recorded sale $475,000 (3 June 2024).(Recorded sale)
  • CalculationLand 691 m² against a 161 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in West Wodonga (last 5 years) with land size: median $887/m² of land (n=105). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

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

$475,000

3 June 2024 · derived via latest_sale

Local land rate: recorded House sales in West Wodonga (last 5 years) with land size have a median of $887/m² of land (n=105). Districts calculation from recorded sales — not a valuation.

West Wodonga at a glance

14,845

People

$667,500

Median sale

$507/wk

Median rent

3.95%

Suburb gross yield

Median sale from 56 recorded sales (last 12 months) — a Districts calculation.

See the full West Wodonga report →

Vs West Wodonga

-28.8%

Median sale

Suburb $667,500

+1.60 pp

Gross yield

Suburb 3.95%

Suburb median $667,500 from 56 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

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. Sold$475,0003 June 2024
  2. Listedprice unknowncompleted23 Apr 2024

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 $507/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

West Wodonga in one glance

West Wodonga at a glance

14,845

People

$667,500

Median sale

$507/wk

Median rent

3.95%

Suburb gross yield

Median sale from 56 recorded sales (last 12 months) — a Districts calculation.

See the full West Wodonga report →

Keep researching

  • Why West Wodonga? Read the area thesis →
  • What else is on the market in West Wodonga →
  • Other records on Lawrence St →

Listing material

Listed by First National Real Estate Bonnici & Associates

ATTENTION FIRST HOME BUYERS AND INVESTORS

Welcome to 324 Lawrence Street, a four-bedroom, two-bathroom family home nestled in the sought-after West Wodonga area. Boasting a spacious lot and a rear shed, this property seamlessly combines comfort, convenience, and limitless potential for the discerning homeowner.

Step inside to discover three well-appointed bedrooms complemented by an oversized master bedroom featuring an updated ensuite, providing ample space for family living or hosting guests. The cozy living area serves as the heart of the home, fostering a warm and inviting ambiance perfect for relaxation and quality family time. The kitchen is well-equipped with ample cabinetry, simplifying meal preparation and daily activities.

Adjacent to the kitchen, the dining area offers an ideal space for family meals or entertaining guests. A functional centrally located bathroom adds to the convenience for all residents.

Read the full description

Outside, the generous backyard presents an opportunity for expansive outdoor living and entertainment, complete with rear yard access to the shed. This shed provides additional versatility, whether for storage, a workshop, or the potential for a studio or office.

What sets this property apart is its potential, featuring four-car off-street parking with room for expansion, renovation, or landscaping according to your preferences, allowing you to create your dream home.

Located in the highly desirable West Wodonga, known for its family-friendly neighbourhoods and proximity to local amenities, this property offers convenience with schools, parks, shopping centres, and recreational facilities nearby, making it an excellent choice for families.

Whether you envision it as your ideal family home or a promising investment property with attractive returns, this opportunity in West Wodonga awaits your personal touch. Don't miss out-contact us today to schedule a viewing and start imagining the possibilities.

Listing description written by Tiago Neves, First National Real Estate Bonnici & Associates — 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.