Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

VIC › Churchill › Ikara Way

4 Ikara Way, Churchill VIC 3842

House

$415,000

Last sold

30 June 2025

3

Bedrooms

2

Bathrooms

2

Car spaces

721 m²

Land

119 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 $415,000 (30 June 2025).(Recorded sale)
  • CalculationLand 721 m² against a 119 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Churchill (last 5 years) with land size: median $629/m² of land (n=118). 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

$415,000

30 June 2025 · derived via latest_sale

Local land rate: recorded House sales in Churchill (last 5 years) with land size have a median of $629/m² of land (n=118). Districts calculation from recorded sales — not a valuation.

Churchill at a glance

5,358

People

$460,000

Median sale

$390/wk

Median rent

4.41%

Suburb gross yield

Median sale from 59 recorded sales (last 12 months) — a Districts calculation.

See the full Churchill report →

Vs Churchill

-9.8%

Median sale

Suburb $460,000

+0.48 pp

Gross yield

Suburb 4.41%

Suburb median $460,000 from 59 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$415,00030 June 2025
  2. Listedprice unknowncompleted24 Mar 2025

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 $390/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

Churchill in one glance

Churchill at a glance

5,358

People

$460,000

Median sale

$390/wk

Median rent

4.41%

Suburb gross yield

Median sale from 59 recorded sales (last 12 months) — a Districts calculation.

See the full Churchill report →

Keep researching

  • Why Churchill? Read the area thesis →
  • What else is on the market in Churchill →
  • Other records on Ikara Way →

Listing material

Listed by Stockdale & Leggo Latrobe Valley

Affordable Comfort in Churchill

Discover the perfect blend of comfort and affordability with this delightful three-bedroom home located in the Churchill. Built around 2009, this residence offers a modern lifestyle with its well-thought-out design and practical features. Perfect for couples or those looking to downsize, this property provides a cozy feel with all the conveniences you need.

Churchill is known for its friendly community atmosphere and proximity to essential amenities. Enjoy easy access to local parks and recreational facilities, making it ideal for leisurely strolls or family outings. The nearby university adds a vibrant touch to the area, offering cultural and educational opportunities just a stone's throw away. With convenient transport links, you're well-connected to the broader region.

This property won't last long at this ultra-affordable price point, especially with its combination of secure parking, energy-efficient solar panels, and modern heating solutions. Seize this opportunity to settle into a welcoming community with all the comforts of home. Contact us today to make this Churchill gem yours!

Read the full description

Stockdale & Leggo Latrobe Valley

"We see more than property"

Listing description written by Nathan Klep, Stockdale & Leggo Latrobe Valley — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Broadband
  • Built-in Robes
  • Dishwasher
  • Ensuites: 1
  • Fully Fenced
  • Gas Heating
  • Living Areas: 1
  • Remote Garage
  • Reverse Cycle Aircon
  • Secure Parking
  • Solar Panels
  • 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.