Cape Woolamai at a glance
2,228
People
$624,000
Median sale
$508/wk
Median rent
4.23%
Suburb gross yield
Median sale from 26 recorded sales (last 12 months) — a Districts calculation.
VIC › Cape Woolamai › Milton St
$905,000
Last sold
11 Dec 2024
5
Bedrooms
2
Bathrooms
4
Car spaces
638 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
$905,000
11 Dec 2024 · derived via latest_sale
Local land rate: recorded House sales in Cape Woolamai (last 5 years) with land size have a median of $1,252/m² of land (n=47). Districts calculation from recorded sales — not a valuation.
Cape Woolamai at a glance
2,228
People
$624,000
Median sale
$508/wk
Median rent
4.23%
Suburb gross yield
Median sale from 26 recorded sales (last 12 months) — a Districts calculation.
Vs Cape Woolamai
+45.0%
Median sale
Suburb $624,000
-1.31 pp
Gross yield
Suburb 4.23%
Suburb median $624,000 from 26 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 $508/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
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
Cape Woolamai at a glance
2,228
People
$624,000
Median sale
$508/wk
Median rent
4.23%
Suburb gross yield
Median sale from 26 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Barry Plant Phillip IslandSOUGHT AFTER LOCATION: Comfortable Coastal Living Just Steps from The Colonnades Beach
This large 5-bedroom, 2-bathroom home boasts two spacious living areas and only within meters proximity to beach access, making it a dream abode for those seeking the ultimate seaside lifestyle.
Upon entering, you're greeted by the inviting downstairs area featuring an open-plan layout that seamlessly integrates the living, dining, and kitchen spaces with high raked ceilings and expansive windows, natural light floods the interior, accentuating the timber flooring and adding to the coastal charm. Cozy up by the wood fire on cooler evenings or stay cool with the split system ensuring year-round comfort.
The kitchen is a chef's delight, offering ample bench space, a gas cooktop, built-in pantry, and a dishwasher for added convenience.
The ground floor comprises four generously sized bedrooms that can fit Queen size beds, each equipped with built-in robes, providing ample storage for all. A main bathroom serves this level, ensuring practicality and comfort for family and guests alike.
Ascend the stairs to discover the ultimate retreat featuring the master bedroom with its ensuite, BIR, large windows and private access to the balcony with ocean glimpses and endless sunsets. An additional living area awaits including a bar and split system, perfect for entertaining guests or enjoying quiet moments alone.
Step outside to the superb outdoor area, where a landscaped garden surrounds two large undercover decks, providing the perfect setting for alfresco dining, relaxation, or entertaining under the stars. The yard, fully fenced for privacy, offers ample space for children and pets to play freely. A garage, carport, and side access provide parking convenience and storage options.
Immerse yourself in the natural beauty of Phillip Island with this stunning property enveloped by native flora and fauna. Experience the breathtaking sight of whales passing right by your doorstep. Just a leisurely 2km stroll away awaits the anticipated opening of the newly constructed hot springs in 2025. Convenience is key, with a tavern, take away shops, a general store, and a school bus stop all conveniently located at the end of the road.
For private appointment call Kristina Walters on 0498 054 559.
Listing description written by Kristina Walters, Barry Plant Phillip Island — reproduced as published, not verified by Districts.