Pearcedale at a glance
4,041
People
$1,205,000
Median sale
$566/wk
Median rent
2.44%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
VIC › Pearcedale › Ellwood Dr
$1,415,000
Last sold
29 May 2026
4
Bedrooms
2
Bathrooms
6
Car spaces
2,885 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
$1,415,000
29 May 2026 · derived via latest_sale
Local land rate: recorded House sales in Pearcedale (last 5 years) with land size have a median of $968/m² of land (n=68). Districts calculation from recorded sales — not a valuation.
Pearcedale at a glance
4,041
People
$1,205,000
Median sale
$566/wk
Median rent
2.44%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
Vs Pearcedale
+17.4%
Median sale
Suburb $1,205,000
-0.36 pp
Gross yield
Suburb 2.44%
Suburb median $1,205,000 from 20 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
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 $566/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
Pearcedale at a glance
4,041
People
$1,205,000
Median sale
$566/wk
Median rent
2.44%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Eview GroupSet on an impressive 2,885sqm (approx.) allotment, 34 Ellwood Drive presents an outstanding opportunity to secure a spacious family home with room to grow, relax and explore future possibilities. Tucked away in a peaceful Pearcedale pocket, this inviting four-bedroom, two-bathroom residence combines generous proportions with well-established gardens and a warm, welcoming atmosphere.
Designed for comfortable everyday living, the home features multiple living zones that cater beautifully to families of all sizes. A light-filled front lounge provides an ideal retreat, while a separate open-plan living and dining area offers the perfect setting for gatherings and day-to-day living. At the heart of the home, a cosy wood fire adds character and warmth, creating an inviting space to unwind during the cooler months.
The well-appointed kitchen delivers ample bench and storage space, overlooking the main living zone to keep everyone connected. Four spacious bedrooms, including a privately positioned master with ensuite, ensure plenty of room for the whole family, while the central bathroom and full laundry provide excellent practicality.
Outdoors, the expansive block offers something truly special. Established gardens create a serene backdrop and plenty of room for children, pets and outdoor activities. With an impressive land size and wide frontage, the property also holds exciting potential for subdivision or redevelopment in the future (subject to council approval), giving buyers options rarely found in such a desirable location.
A double garage provides secure parking and storage, while the generous driveway allows space for additional vehicles, trailers or caravans. The property also features a large shed which is ideal for a workshop or perfect for hobbies, projects or extra storage.
Please reach out to Jason on 0411 520 173 or Benn on 0499 646 168
Listing description written by Jason Stirling, Eview Group — reproduced as published, not verified by Districts.