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VIC › Rockbank › Kerala St

41 Kerala St, Rockbank VIC 3335

For saleHouse for Sale

$670,000–$710,000

For sale

Asking range

4

Bedrooms

2

Bathrooms

2

Car spaces

347 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $670,000–$710,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $670,000–$710,000(Listing record · 5 Nov 2025)
  • CalculationLand 347 m² against a 20 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationAsk is 8% above the Rockbank median recorded sale ($620,000, n=180, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Rockbank's advertised median rent ($531/wk), implied gross yield would be 4.12% — this is not a rent for this listing.(Districts scenario calculation)

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

The ask against the evidence

Asking

$670,000–$710,000

Asking range · $1,931/m² of land

No recorded sale for this property.

Rockbank at a glance

3,688

People

$620,000

Median sale

$531/wk

Median rent

4.45%

Suburb gross yield

Median sale from 180 recorded sales (last 12 months) — a Districts calculation.

See the full Rockbank report →

Vs Rockbank

+8.1%

Median sale

Suburb $620,000

-0.33 pp

Gross yield

Suburb 4.45%

Suburb median $620,000 from 180 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$670,000
Stamp Duty (Victoria)
$35,270
Transfer/Registration Fee
$1,672
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$710,642

$40,642 on top of the price (6.1% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

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.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Rockbank's advertised median rent — not a rent for this listing.

Net yield
2.62%
Annual cashflow (pre-tax)
$-17,278
Interest cover (DSCR)
0.50
Annual rent
$27,612
Operating expenses
$10,050
Loan amount
$536,000
Annual interest
$34,840
Gross yield
4.12%

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.

Open the full yield calculator →

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. Listed$670,000–$710,000available5 Nov 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 $531/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

Gross yield if leased at the suburb aggregate is 4.1%. 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

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

Rockbank in one glance

Rockbank at a glance

3,688

People

$620,000

Median sale

$531/wk

Median rent

4.45%

Suburb gross yield

Median sale from 180 recorded sales (last 12 months) — a Districts calculation.

See the full Rockbank report →

Keep researching

  • Why Rockbank? Read the area thesis →
  • What else is on the market in Rockbank →
  • Other records on Kerala St →

Listing material

Listed by The Roof Real Estate

BRAND NEW - Stylish Family Living or Smart Investment in Moonstone Estate - ROCKBANK

The Roof Real Estate proudly presents this beautiful and immaculately maintained family home, superbly located in the highly sought-after Moonstone Estate. Set on a generous 347sqm block, this residence represents the perfect blend of style, space, and convenience-ideal for first-home buyers, growing families, or savvy investors.

Property Highlights:

Step inside and be welcomed by a light-filled, open-plan living and dining area, thoughtfully designed for modern family living. With a versatile floor plan and premium finishes throughout, this home delivers comfort and sophistication in equal measure.

Read the full description

Master bedroom with ensuite, walk-in robe,

Three additional bedrooms with built-in robes

Spacious central bathroom with bathtub and toilet

Gourmet kitchen with ample bench space, large pantry, and quality appliances including dishwasher (900mm appliances)

Expansive open-plan living and meals area

Stylish tiles to main living areas, with carpet flooring in all bedrooms

Ducted heating and cooling

Remote-controlled double garage with internal access

backyard - which can be customised by buyer according to their needs

Location Perks:

Nestled in the established and family-friendly Moonstone Estate, this property enjoys proximity to a host of quality amenities:

Rockbank Train Station 2.8 km - 7 mnts

Rockbank Primary School (4mnts - 2 KM )and upcoming Rockbank Town centre

Bacchus Marsh Grammar (Woodlea Campus)

Shopping centres & freeway access

A Lifestyle to Love:

This exceptional home offers families the space to grow, entertain, and enjoy everyday living in a peaceful yet connected location. Overflowing with charm and functionality, 294 Davis Road is the kind of property you'll be proud to call home.

Call now to arrange your inspection - this one won't last long!

Contact: Harpreet Mangat on 0416412414

Agency: The Roof Real Estate

*All information offered by The Roof Real Estate 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 The Roof Real Estate simply passes this information on. Use of such material is at your sole risk. Prospective purchasers are advised to make their own enquiries with respect to the information that is passed on.

The Roof Real Estate will not be liable for any loss resulting from any action or decision by you in reliance on the information.

PHOTO ID MUST BE SHOWN TO ATTEND ALL INSPECTIONS*

Please see the below link for and up-to-date copy of the Due Diligence Checklist:

https://www.consumer.vic.gov.au/duediligencechecklist

* By enquiring on this property you agree to receive regular property updates and marketing communication from The Roof Real Estate. You may unsubscribe at any time.

Listing description written by Harpreet Mangat, The Roof Real Estate — 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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