Lancefield at a glance
2,999
People
$723,500
Median sale
$545/wk
Median rent
3.92%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
VIC › Lancefield › Park Ln
$770,000
Last sold
12 Dec 2024
4
Bedrooms
2
Bathrooms
6
Car spaces
824 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
$770,000
12 Dec 2024 · derived via latest_sale
Local land rate: recorded House sales in Lancefield (last 5 years) with land size have a median of $897/m² of land (n=61). Districts calculation from recorded sales — not a valuation.
Lancefield at a glance
2,999
People
$723,500
Median sale
$545/wk
Median rent
3.92%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
Vs Lancefield
+6.4%
Median sale
Suburb $723,500
-0.24 pp
Gross yield
Suburb 3.92%
Suburb median $723,500 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 $545/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
UnknownArea
Lancefield at a glance
2,999
People
$723,500
Median sale
$545/wk
Median rent
3.92%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Woodards SunburyEnviable Elegance with Rural Outlook
Set on 824 m² (approx.) this polished four-bedroom, two-bathroom home comes with the added bonus of a huge shed – ideal for tradies, car enthusiasts, or those needing workshop utility space.
The home is graced by 2.7m ceilings and beautiful interiors designed for effortless entertaining and relaxation, with a separate lounge complemented by open kitchen, dining, and living areas. Solid stone benchtops elevate the appeal of the modern kitchen, featuring a breakfast bar, glass splashback, soft-close cabinetry, a generous walk-in pantry, 900mm oven/5-zone cooktop, and a dishwasher.
The open living areas access an extensive alfresco entertaining area via 2 sets of glass doors, with the decking extending out to a manicured garden – landscaped with reclaimed timber beams to the raised garden beds hosting all native Australian flora.
Accommodation comprises a King sized main bedroom with a walk-in robe and ensuite, while the remaining three bedrooms (all with built-in robes) are placed to their own accommodation wing, complete with a main bathroom featuring a shower and bath. Both bathrooms feature stone surfaces and niched showers, with on-trend matte black fittings.
A huge bonus of this property is the 8m x 7m clear span shed which sits at 4m tall, allowing room for a hoist and fitted with double roller doors (spanning 5m wide x 3m high) to the front plus a rear roller door providing access to the rear yard, hardwired CCTV security, and 15 amp plugs. The property also includes a remote-controlled double garage with internal access, 2 lockable side entry gates, double glazing, ducted heating, and evaporative cooling.
Surrounded by stylish new homes, the home is located opposite the Lancefield Recreation Reserve offering sporting facilities, playground, and swimming pool. Also nearby is Lancefield Primary School, Lost Watering Hole Brewery, and historic Lancefield shops, cafes and all amenities.
Listing description written by Gerasimos Grammenos, Woodards Sunbury — 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.