Ambarvale at a glance
7,654
People
$985,000
Median sale
$543/wk
Median rent
2.87%
Suburb gross yield
Median sale from 36 recorded sales (last 12 months) — a Districts calculation.
NSW › Ambarvale › Lightwood St
$1,261,000
Last sold
7 Dec 2024
4
Bedrooms
4
Bathrooms
8
Car spaces
683 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
$1,261,000
7 Dec 2024 · derived via latest_sale
Local land rate: recorded House sales in Ambarvale (last 5 years) with land size have a median of $1,414/m² of land (n=72). Districts calculation from recorded sales — not a valuation.
Ambarvale at a glance
7,654
People
$985,000
Median sale
$543/wk
Median rent
2.87%
Suburb gross yield
Median sale from 36 recorded sales (last 12 months) — a Districts calculation.
Vs Ambarvale
+28.0%
Median sale
Suburb $985,000
-0.63 pp
Gross yield
Suburb 2.87%
Suburb median $985,000 from 36 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
NSWPlanning 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.” NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Rental
No advertised rent is recorded. Suburb median rent $543/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. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet. 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. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
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
UnknownNSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
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
UnknownNSW Valuer General land values are not loaded for this property yet.
Net yield / holding costs
UnknownNSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Area
Ambarvale at a glance
7,654
People
$985,000
Median sale
$543/wk
Median rent
2.87%
Suburb gross yield
Median sale from 36 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Z Realty GroupSet to sell on Auction Day - If not Sold beforehand, this spacious and versatile property, built in 2000, offers a rare opportunity for residential buyers, entrepreneurs, or investors looking for a unique space with incredible potential. Previously operating as a dance studio, this property boasts a well-maintained and flexible layout, ideal for those seeking a large family home or a multi-functional space with room for growth.
Key Features:
- 4 Large, Bright Studios with full-length mirrors, barres, and professional blackbutt timber dance flooring-double gyprock and insulated walls ensure soundproofing, making these spaces perfect for fitness, art, or creative endeavours.
- Multiple Storage Areas throughout the property, including a dedicated student storage room/locker room for easy organization.
- 8 Undercover Car Spaces plus an additional outdoor parking spot, offering plenty of parking for residents, guests, or clients.
- Multiple Waiting Rooms-conveniently located upstairs and downstairs for easy access and comfort.
- Four Female Toilets & Two Male Toilets-ample bathroom facilities for larger groups or a growing family.
- Shower Facilities-ideal for freshening up after a workout or a long day.
- Disabled Toilet-ensuring accessibility for all.
- Private Office-perfect for work or as a quiet study space.
- Canteen Area-ready to serve as a kitchen or a social space, with plenty of room for family or guests.
- Fully Air-conditioned throughout the upstairs of the property, keeping the space comfortable year-round.
This property has been carefully designed with both functionality and comfort in mind. The dance studios are equipped with high-quality materials and soundproofing, and the multiple storage areas, bathrooms, and parking spaces offer convenience and flexibility for a variety of uses.
Situated in a sought-after location with easy access to amenities, transport links, and schools, this property is ideal for those looking to make a long-term investment or create a personalized home. Whether you wish to continue using the space for a creative purpose, convert it into a large family residence, or explore other opportunities, the possibilities are endless.
All of this is why 42 Lightwood Street, Ambarvale NEEDS to be your next address.
Don't miss this rare opportunity! Contact Derek and Charlize today to arrange a viewing and see the potential for yourself !!!
Listing description written by Derek Stone, Z Realty Group — reproduced as published, not verified by Districts.