Devon Meadows at a glance
1,563
People
$1,455,000
Median sale
$593/wk
Median rent
2.12%
Suburb gross yield
Median sale from 5 recorded sales (last 24 months) — a Districts calculation.
VIC › Devon Meadows › Olive Rd
For sale
For sale
0
Bedrooms
0
Bathrooms
0
Car spaces
80,937.128 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
Asking
No recorded sale price for this property yet.
Devon Meadows at a glance
1,563
People
$1,455,000
Median sale
$593/wk
Median rent
2.12%
Suburb gross yield
Median sale from 5 recorded sales (last 24 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 $593/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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
UnknownArea
Devon Meadows at a glance
1,563
People
$1,455,000
Median sale
$593/wk
Median rent
2.12%
Suburb gross yield
Median sale from 5 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by Dream Land Property GroupSeize a rare chance to secure 20 acres (approx.) of premium vacant land in the tightly held and rapidly evolving suburb of Devon Meadows. Offering exceptional long-term upside, this expansive parcel is perfectly positioned for astute investors, developers, and landbankers seeking to capitalise on Melbourne's next major growth frontier.
Situated within the Green Wedge Zone under the Victorian Planning Authority, the property sits in close proximity to the Urban Growth Zone boundary and several major upcoming Precinct Structure Plans-including Devon Meadows PSP, Casey Fields South PSP, and Clyde South PSP. With Melbourne's south-east experiencing significant population and infrastructure expansion, this site is primed to benefit from future planning progression and development uplift (STCA).
Located just 1 km from the Devon Meadows and Clyde PSPs and 15 minutes from the proposed South Eastern Airport, this rare landholding sits in a high-potential corridor set to transform in the years ahead.
Within minutes, residents can access key lifestyle and essential amenities including Botanic Ridge Shopping Centre, Cranbourne Shopping Centre, Lighthouse Christian College, Casey Grammar, and the renowned Royal Botanic Gardens Cranbourne. Commuting is effortless with convenient access to the South Gippsland Highway, major road networks, and nearby transport hubs such as Cranbourne Railway Station.
Property Highlights:
Land Size: 20 acres (approx.)
Zoning: Green Wedge Zone (GWZ) - offering unique long-term development potential
Strategic Position: Moments from Melbourne's Urban Growth Boundary and key PSPs
Exceptional Accessibility: Close to shops, schools, parks, major roads & transport
Future Growth Potential: Ideally located for capitalising on population & infrastructure expansion
Investment Opportunity: Significant future redevelopment prospects (STCA)
Income Potential: Ability to generate attractive rental returns while landbanking
This is a rare opportunity to secure a substantial landholding on the doorstep of Melbourne's next major growth corridor. With infrastructure investment increasing and development edging closer every year, 35 Olive Road, Devon meadows presents an outstanding strategic investment with exceptional long-term promise.
Contact us now!
Amit Bhatnagar
0499 977 441
amit@dreamlandproperty.com.au
Davinder Thandi
0404 325 137
davinder@dreamlandproperty.com.au
Disclaimer: We have in preparing this document used our best endeavours to ensure that the information contained in this document is true and accurate but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospect purchasers should make their own enquiries to verify the information contained in this document.
Listing description written by Amit Bhatnagar, Dream Land Property Group — reproduced as published, not verified by Districts.
Victoria 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.