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VIC › Bulleen › Lincoln Dr

40 Lincoln Dr, Bulleen VIC 3105

House

$1,040,000

Last sold

14 Nov 2020

3

Bedrooms

1

Bathrooms

1

Car spaces

600 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,040,000 (14 Nov 2020).(Recorded sale)
  • FactLand 600 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Bulleen (last 5 years) with land size: median $2,056/m² of land (n=82). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

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

$1,040,000

14 Nov 2020 · derived via latest_sale

Local land rate: recorded House sales in Bulleen (last 5 years) with land size have a median of $2,056/m² of land (n=82). Districts calculation from recorded sales — not a valuation.

Bulleen at a glance

11,740

People

$1,308,000

Median sale

$635/wk

Median rent

2.52%

Suburb gross yield

Median sale from 42 recorded sales (last 12 months) — a Districts calculation.

See the full Bulleen report →

Vs Bulleen

-20.5%

Median sale

Suburb $1,308,000

+0.66 pp

Gross yield

Suburb 2.52%

Suburb median $1,308,000 from 42 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$1,040,00014 Nov 2020
  2. Listedprice unknowncompleted13 Nov 2020

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 $635/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

Bulleen in one glance

Bulleen at a glance

11,740

People

$1,308,000

Median sale

$635/wk

Median rent

2.52%

Suburb gross yield

Median sale from 42 recorded sales (last 12 months) — a Districts calculation.

See the full Bulleen report →

Keep researching

  • Why Bulleen? Read the area thesis →
  • What else is on the market in Bulleen →
  • Other records on Lincoln Dr →

Listing material

Listed by Woodards Manningham

Elevated opportunity in dream locale!

INSPECTION BY APPOINTMENT ONLY. PLEASE CONTACT AGENT TO ARRANGE A SUITABLE TIME.

Closing Tuesday 8 December at 5.00.

Whether you are looking to invest, develop or simply move in, this gem is a treasure not to be ignored. An enviable location in a highly sought area of Bulleen with updates & renovation throughout makes this an ideal rental property, while the great land allotment coupled with the home's blank canvas lends itself to further updates or development opportunities (STCA).

Read the full description

Bathed in natural light, featuring polished hardwood floors and offering scenic views, this warm and inviting family home offers a versatile layout showcasing living areas of generous proportions, abundantly light-filled and centrally positioned. Zoned living also sees the home's bedrooms successfully positioned away from the central living areas for added privacy and comfort. Entertaining at the rear capitalises on its elevated positioning to offer a sun-kissed in ground pool to relax in at your own privacy.

Although the home is ready to be moved into immediately, those with and eye for detail will see the merit in finishing the home’s journey to a modern makeover, utilising its sturdy bones and spacious floor plan to create a contemporary classic. Have you ever wanted to build your dream home in the perfect location? Well, this could be it!

Family living is also made easy thanks to the close proximity of an assortment of local amenities. Bulleen Plaza, St Clement of Rome Primary School, Marcellin College, Bulleen Pre-School and public transportation services are all within walking distance, while quick and easy access to the Eastern Freeway will certainly appeal to city commuters.

It is one not to be missed!

We donate a portion of our fee from every property transaction to the Woodards Foundation to support people experiencing homelessness, family violence and social isolation.

Listing description written by Alec Stefanoski, Woodards Manningham — reproduced as published, not verified by Districts.

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.