Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

VIC › Thornhill Park › Parklea Way

36 Parklea Way, Thornhill Park VIC 3335

House

4

Bedrooms

2

Bathrooms

4

Car spaces

293 m²

Land

21 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • CalculationLand 293 m² against a 21 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Thornhill Park (last 5 years) with land size: median $1,951/m² of land (n=96). 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

No recorded sale price for this property yet.

Local land rate: recorded House sales in Thornhill Park (last 5 years) with land size have a median of $1,951/m² of land (n=96). Districts calculation from recorded sales — not a valuation.

Thornhill Park at a glance

6,679

People

$580,000

Median sale

$531/wk

Median rent

4.76%

Suburb gross yield

Median sale from 212 recorded sales (last 12 months) — a Districts calculation.

See the full Thornhill Park report →

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. Soldprice unknown15 July 2026
  2. Listedprice unknowncompleted1 Jan 2001

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 $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.

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

Thornhill Park in one glance

Thornhill Park at a glance

6,679

People

$580,000

Median sale

$531/wk

Median rent

4.76%

Suburb gross yield

Median sale from 212 recorded sales (last 12 months) — a Districts calculation.

See the full Thornhill Park report →

Keep researching

  • Why Thornhill Park? Read the area thesis →
  • What else is on the market in Thornhill Park →
  • Other records on Parklea Way →

Listing material

Listed by Ray White Tarneit

Brand New Home in Thornhill Park

Dinesh Wadhwa from Ray White proudly presents this beautifully upgraded residence at 36 Parklea Way, Thornhill Park-a modern home offering style, comfort, and low-maintenance living in a rapidly growing and well-connected community.

Perfectly suited to first home buyers, growing families, or investors, this home delivers a versatile floorplan with quality finishes throughout.

A standout feature is the master suites, complete with ensuites-one featuring a walk-in robe

Read the full description

At the heart of the home, the modern kitchen is equipped with stone benchtops, quality stainless steel appliances, and , overlooking a light-filled open-plan living and dining area. This space flows effortlessly to a low-maintenance landscaped backyard, ideal for relaxed indoor-outdoor living.

$10,000 First Home Owner Grant Available (Subject to Eligibility)

Property Features:

Master bedroom with ensuite

Three additional bedrooms with built-in robes

Stylish central bathroom

Formal lounge perfect for entertaining or relaxation

Modern kitchen with stone benchtops

Stainless steel appliances

Open-plan living and dining filled with natural light

Refrigerated heating and cooling with zoning system

High ceilings enhancing space, light, and openness throughout the home

Secure garage

Low-maintenance landscaped backyard

Location Highlights:

Located in the fast-growing Thornhill Park community

Close to parks, playgrounds, and open green spaces

Approx. 2.2 km to Thornhill Park Primary School

Approx. 7-minute drive to St Francis Catholic College, Cobblebank

Easy access to Cobblebank Station and major road networks

Short drive to shopping centres and daily amenities

Approximately 35 km from Melbourne CBD

A fantastic opportunity to secure a modern, feature-packed home in a high-growth location.

Contact Dinesh Wadhwa today to arrange your inspection.

Disclaimer:

All stated dimensions are approximate. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent.

Due Diligence Checklist:

http://www.consumer.vic.gov.au/duediligencechecklist

Listing description written by Dinesh Wadhwa, Ray White Tarneit — reproduced as published, not verified by Districts.

Property features

  • Ensuites: 1
  • Toilets: 2
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.