Leopold at a glance
13,878
People
$715,750
Median sale
$521/wk
Median rent
3.79%
Suburb gross yield
Median sale from 38 recorded sales (last 12 months) — a Districts calculation.
VIC › Leopold › Reedy Lakes Ct
$1,200,000–$1,300,000
For sale
Asking range
4
Bedrooms
2
Bathrooms
2
Car spaces
1,421 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
$1,200,000–$1,300,000
Asking range · $844/m² of land
No recorded sale for this property.
Local land rate: recorded House sales in Leopold (last 5 years) with land size have a median of $1,251/m² of land (n=61). Districts calculation from recorded sales — not a valuation.
Leopold at a glance
13,878
People
$715,750
Median sale
$521/wk
Median rent
3.79%
Suburb gross yield
Median sale from 38 recorded sales (last 12 months) — a Districts calculation.
Vs Leopold
+67.7%
Median sale
Suburb $715,750
-1.53 pp
Gross yield
Suburb 3.79%
Suburb median $715,750 from 38 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Based on the low end of the asking range, not a contract price.
$72,612 on top of the price (6.1% extra)
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.
Based on the low end of the asking range, not a contract price.
Pre-filled with Leopold's advertised median rent — not a rent for this listing.
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.
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 $521/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.
Gross yield if leased at the suburb aggregate is 2.3%. 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
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
UnknownVictoria 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.
Area
Leopold at a glance
13,878
People
$715,750
Median sale
$521/wk
Median rent
3.79%
Suburb gross yield
Median sale from 38 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Bellarine PropertyThe Feel:
Radiating timeless farmhouse elegance and enriched by quality finishes throughout, this impeccably presented four bedroom plus study residence on 1,421sqm (approx.) offers a generous and thoughtfully composed take on contemporary family living. Soaring ceilings and a refined palette of natural materials infuse the single level floorplan with warmth and light, while passive design principles and a generous solar capacity reinforce its eco focused performance. A trio of living zones caters to every mood and occasion, flowing effortlessly to an undercover alfresco terrace and manicured gardens that form a beautifully curated setting for daily living and relaxed entertaining. Thoughtful inclusions extend to year round climate control, an oversized DLUG and a high clearance carport perfectly suited to the boat or caravan, underscoring the home’s commitment to quality and considered design.
The Facts:
-A timeless farmhouse-inspired residence of exceptional scale & quality
-Classic character meets modern comfort & efficiency for a truly balanced family lifestyle
-Set on a 1,421sqm (approx.) double allotment, there’s an abundance of space – indoors & out
-Beyond high privacy fencing, manicured gardens & a traditional verandah make an instant impression
-On entry, hardwood floors & 2.7m ceilings enhance the home’s sense of scale & warmth
-Elegant formal lounge & dining offering a cosy, fire side setting for relaxed gatherings
-An open plan family domain forms the home’s central hub, bathed in glorious northern light
-The stone-topped kitchen excels as the social heart of the home, with an extensive island & European appliances
-An expansive butler’s pantry/laundry is adjacently set, delivering impressive storage capacity
-The flowing layout incorporates a third living or rumpus, offering a private, flexible space ideal for children or guests
-A covered alfresco terrace with built-in benches extends relaxed living & entertaining outdoors
-Zoned for privacy, the main bedroom pampers with a WIR & large ensuite with oversized shower and stone-topped vanity
-Three further bedrooms (WIRs/BIR) are centrally placed to the family bathroom & separate WC
-A dedicated home office offers valuable flexibility for students or the work from home professional
-Year-round comfort is assured with a wood burning fire, twin split system units & evaporative cooling
-A 7.5kW solar electricity system with 13.5kW battery back-up supports energy efficient performance
-Landscaped grounds encircle the block, with sun lit lawn areas, low maintenance plantings & multiple garden sheds
-Oversized DLUG and an 8m x 6.5m carport with 4m+ clearance, complemented by separate side access that affords full drive around capability
-The location is just as appealing as the home itself, in a peaceful, family-friendly court
-Just 1km to the Gateway Plaza amenities & major retailers, with Geelong CBD & Bellarine beaches within 15mins
-A perfect option for families, empty-nesters, tradespeople & lifestyle lovers alike
The Owner Loves…
“When we first arrived, it felt like we’d landed in neighbourhood heaven – a peaceful court with genuinely wonderful neighbours. This home has offered us space, comfort and an easy family lifestyle, but it’s the sense of community here that has meant the most.”
*All information offered by Bellarine Property is provided in good faith. It is derived from sources believed to be accurate and current as at the date of publication and as such Bellarine Property simply pass this information on. Use of such material is at your sole risk. Prospective purchasers are advised to make their own inquiries with respect to the information that is passed on. Bellarine Property will not be liable for any loss resulting from any action or decision by you in reliance on the information.
Listing description written by Lee Martin, Bellarine Property — reproduced as published, not verified by Districts.