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 › The Esplanade
$1,240,000
For sale
Asking
3
Bedrooms
2
Bathrooms
4
Car spaces
628 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
$1,240,000
Asking · $1,975/m² of land
No recorded sale for this property.
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
+98.7%
Median sale
Suburb $624,000
-2.10 pp
Gross yield
Suburb 4.23%
Suburb median $624,000 from 26 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$74,906 on top of the price (6.0% 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.
Pre-filled with Cape Woolamai'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 $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.
Gross yield if leased at the suburb aggregate is 2.1%. 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
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 Area Specialist SolutionsIts Addressed:
Proudly presented for sale, 40 Esplanade, Cape Woolamai offers the ultimate coastal lifestyle in one of Phillip Island’s most tightly held locations. Beautifully renovated from top to bottom and positioned on a generous 628m² (approx.) block, this exceptional property is just a one-minute walk to the pristine bay beach of Cape Woolamai, where you can enjoy safe swimming, peaceful walks, ‘Speedies’ surf break and a dedicated off-leash dog beach.
Designed for those who appreciate quality, lifestyle, and space, this immaculate home features three bedrooms and two beautifully renovated bathrooms finished in stunning micro-cement, creating a contemporary coastal feel. The downstairs master bedroom provides a peaceful parents’ retreat, while the remaining bedrooms include built-in robes and are serviced by stylish, modern bathrooms.
Upstairs is where the home truly comes to life. The light-filled open-plan kitchen, dining, and living area has been thoughtfully renovated and showcases stone benchtops, quality appliances, an abundance of cupboard space, and a functional layout perfect for entertaining or everyday family living. Flowing seamlessly from the living area is a spacious balcony where you can relax and enjoy the tranquil outlook across the Cape Woolamai Reserve directly opposite the home.
Outside, the property offers everything you could ask for. Side access leads to a huge three-car shed complete with a loft for additional storage, making it ideal for storing boats, caravans, trailers, jet skis, or creating the ultimate workshop. Combined with the 1.5-car garage attached to the home, there is exceptional vehicle accommodation for every lifestyle.
The fully fenced front yard provides outstanding privacy, while the beautifully landscaped gardens are neat, established, and incredibly low maintenance. The quiet street and expansive outdoor spaces create the perfect environment for children and pets to play safely while you relax and enjoy the peaceful surroundings.
Perfectly positioned, you’re only moments from everything Cape Woolamai has to offer. Stroll to the popular Woolamai Beach, local cafés, the Woolamai Tavern, Bang Bang Bar & Food, the convenience store, and the ever-popular Cottosloe Café. Enjoy some of Phillip Island’s best walking trails, beaches, and coastal scenery, all just minutes from your doorstep.
Whether you’re searching for the ultimate permanent residence, a luxurious holiday home, or an outstanding investment opportunity, this beautifully renovated property offers a rare chance to secure a move-in-ready home in one of Phillip Island’s most desirable beachside locations.
Homes of this calibre, in this location, rarely become available. Simply move in, relax, and start enjoying the incredible Cape Woolamai lifestyle.
For more Real Estate in Cape Woolamai contact your Area Specialist.
Did you know we have a rental department who can service your investment properties?
If you would like more information please get in contact.
Note: Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective purchasers/tenants are requested to take such action as is necessary, to satisfy themselves with any pertinent matters.
Listing description written by Marcus Washington, Area Specialist Solutions — reproduced as published, not verified by Districts.