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VIC › Leongatha › Worthy St

38 Worthy St, Leongatha VIC 3953

House

$1,218,000

Last sold

20 Jan 2025

4

Bedrooms

2

Bathrooms

4

Car spaces

3,149.172 m²

Land

287 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 $1,218,000 (20 Jan 2025).(Recorded sale)
  • CalculationLand 3,149 m² against a 287 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Leongatha (last 5 years) with land size: median $695/m² of land (n=97). 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

$1,218,000

20 Jan 2025 · derived via latest_sale

Local land rate: recorded House sales in Leongatha (last 5 years) with land size have a median of $695/m² of land (n=97). Districts calculation from recorded sales — not a valuation.

Leongatha at a glance

5,977

People

$550,000

Median sale

$431/wk

Median rent

4.07%

Suburb gross yield

Median sale from 62 recorded sales (last 12 months) — a Districts calculation.

See the full Leongatha report →

Vs Leongatha

+121.5%

Median sale

Suburb $550,000

-2.23 pp

Gross yield

Suburb 4.07%

Suburb median $550,000 from 62 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$1,218,00020 Jan 2025
  2. Listedprice unknowncompleted22 Aug 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 $431/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

Leongatha in one glance

Leongatha at a glance

5,977

People

$550,000

Median sale

$431/wk

Median rent

4.07%

Suburb gross yield

Median sale from 62 recorded sales (last 12 months) — a Districts calculation.

See the full Leongatha report →

Keep researching

  • Why Leongatha? Read the area thesis →
  • What else is on the market in Leongatha →
  • Other records on Worthy St →

Listing material

Listed by Ray White Leongatha

LUXURY LIVING!

If you are looking for a property that ticks all the boxes then look no further! Substantial block size in the heart of town, grand four bedroom home with multiple living spaces and room for the whole family, swimming pool and shed - this one really does have it all!

Situated on a 3149m2 flat parcel of land and accessed by an automatic gate, this property has room for all the vehicles and toys! Built using quality finishes and fixtures, this luxurious home is light and airy, and boasts plenty of space throughout. The wide and inviting entry leads to a formal living space at the front of the home that could also be used as study. The master bedroom is off to the right and offers plenty of space and features a walk in robe and an ensuite to envy; with double vanity, large open shower and private toilet. The remaining three bedrooms all offer built in robes and ceiling fans, and are serviced by the deluxe family bathroom with bath, separate shower and separate toilet. The hero of the home, an open plan kitchen/dining/living space gives a new meaning to the word Grand! The gourmet kitchen offers an abundance of bench space and features a dishwasher, electric oven and gas cook top, soft close drawers, stone benches and a very handy butlers pantry leading through to the laundry and access from the garage. A third living space is the perfect place to unwind, looking out onto the enormous covered outdoor entertaining area complete with ceiling fans, summer blinds and travertine marble floor making it the perfect place for summer BBQ's! This area leads to the 9 x 4m compass, self cleaning swimming pool with heat pump heating and high fencing to ensure privacy. A 9.5kw solar system will be sure to keep the electricity bills low and ducted heating and cooling will keep the property comfortable all year round.

A double garage plus colourbond shed with 2 x roller doors plus workshop space ensure the cars and toys are safely tucked away at all times. There is plenty of space to park extra vehicles on the gravelled parking area to the east of the home. The entire property has been levelled and lovingly landscaped, and had dog proof fencing installed all the way around.

Read the full description

An inspection of this masterpiece will not disappoint! Contact us today to find out more on 5662 5800

Listing description written by Kasey Bowman, Ray White Leongatha — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Dishwasher
  • Ducted Cooling
  • Ducted Heating
  • Ensuites: 1
  • Fully Fenced
  • Outdoor Entertaining
  • In-Ground Pool
  • Remote Garage
  • Rumpus Room
  • Secure Parking
  • Shed
  • Solar Panels
  • Study
  • Toilets: 2
  • Water Tank
  • Workshop
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.