Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

VIC › Truganina › Madeira Dr

36 Madeira Dr, Truganina VIC 3029

For saleHouse for Sale

$45,520

For sale

Asking

5

Bedrooms

4

Bathrooms

2

Car spaces

520 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $45,520 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $45,520(Listing record · 6 Aug 2026)
  • CalculationAsk is 93% below the Truganina median recorded sale ($690,000, n=45, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Truganina's advertised median rent ($511/wk), implied gross yield would be 58.37% — 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

$45,520

Asking · $88/m² of land

No recorded sale for this property.

Truganina at a glance

53,467

People

$690,000

Median sale

$511/wk

Median rent

3.85%

Suburb gross yield

Median sale from 45 recorded sales (last 12 months) — a Districts calculation.

See the full Truganina report →

Vs Truganina

-93.4%

Median sale

Suburb $690,000

+54.52 pp

Gross yield

Suburb 3.85%

Suburb median $690,000 from 45 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$45,520
Stamp Duty (Victoria)
$842
Transfer/Registration Fee
$210
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
$50,272

$4,752 on top of the price (10.4% 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 Truganina's advertised median rent — not a rent for this listing.

Net yield
56.87%
Annual cashflow (pre-tax)
$23,522
Interest cover (DSCR)
10.94
Annual rent
$26,572
Operating expenses
$683
Loan amount
$36,416
Annual interest
$2,367
Gross yield
58.37%

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$45,520available6 Aug 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 $511/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 58.4%. 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

Truganina in one glance

Truganina at a glance

53,467

People

$690,000

Median sale

$511/wk

Median rent

3.85%

Suburb gross yield

Median sale from 45 recorded sales (last 12 months) — a Districts calculation.

See the full Truganina report →

Keep researching

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

Listing material

Listed by OKAS Property Group Truganina

Around 45 sqs Built Stunner on 520sqm Land with Void & that too with Gated & Fully Concreted Side Access!!!

The Reliable Duo Abishek Elawaadhi & Kamlesh Kamani of Okas Real Estate, proudly presents this Near New 45sqs Built Double Storey Home in one of the sought after pocket of Truganina. This stylish family home is only moments away from Parks, walking trails, Mt Atkinson's Children's & Community Centre, Mindalk Primary School & many more amenities.

The family minded floor plan of this stunner comprises of five generously sized bedrooms including luxurious master suite with deluxe ensuite & walk in robe. Whilst three other bedrooms also feature their respective ensuites & walk in robe. The modern kitchen is equipped with 900 mm of stainless-steel appliances, a large walk-in butlers pantry, dishwasher, splash back, undermount sink, ample storage space, 40mm stone bench tops with waterfall & is well positioned, overlooking the grand - sized family & meals area with void. The downstairs domain of this family home also comprises of a formal living as well as guest bedroom with its private deluxe ensuite and walk in robe. In addition to the generous sized bedrooms, the upstairs domain also features kids study and retreat area with kitchenette. Complemented by a sizeable laundry, multiple cars garage and heating/cooling. This is a home really does have it all in privileged proximity to schools, shops, and other public amenities.

In addition, this stunning family home features:

Read the full description

• High Ceilings

• Sheer curtains

• LED downlights

• Multiple living areas

• Powder Room downstairs

• Ceiling fan in the bedrooms

• Premium quality floorboards

• Prayers / Study Room downstairs

• Designer double doors wide entrance

• Linear Grill vents for cooling & heating

• Zoned Refrigerated Cooling & Heating

• Fully Landscaped Front Yard & Backyard

• Floor to ceilings tiling in all the bathrooms

• Extended Shower Case in all the bathrooms

• Premium quality porcelain tiled flooring downstairs

• Solid wooden staircase with Glass balustrade railing

• Cladded Bulkhead with featured designer light fitting

• Massive Exposed aggregate concreted 2 x front driveway

• Fully tiled & waterproofed Balcony with Glass Balustrade fencing

• 30 kw Solar Panels System with 15kw inverter & 20kw Battery to save on electricity bills

• Automated Double car garage with internal & external access & built in storage cabinetry

• Concreted all around the house including massive gated side access to park additional vehicles such as Caravan / Trailers

This home of warmth and character will not fail to impress. For enquiries related to this property, we invite you to contact Abishek Elawaadhi on 0499883311 or Kamlesh Kamani on 0430538582. Photo ID required for an Inspection. Please see the link below for an up-to-date copy of the Due Diligence Check List: http://www.consumer.vic.gov.au/duediligencechecklist. DISCLAIMER: All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent

Listing description written by Abishek Elawaadhi, OKAS Property Group Truganina — reproduced as published, not verified by Districts.

Property features

  • Ensuites: 4
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.