Cobblebank at a glance
5,549
People
$648,500
Median sale
$493/wk
Median rent
3.95%
Suburb gross yield
Median sale from 82 recorded sales (last 12 months) — a Districts calculation.
VIC › Cobblebank › Alabaster Ave
$615,000
Last sold
14 Aug 2025
4
Bedrooms
2
Bathrooms
2
Car spaces
374.988 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
$615,000
14 Aug 2025 · derived via latest_sale
Local land rate: recorded House sales in Cobblebank (last 5 years) with land size have a median of $1,611/m² of land (n=143). Districts calculation from recorded sales — not a valuation.
Cobblebank at a glance
5,549
People
$648,500
Median sale
$493/wk
Median rent
3.95%
Suburb gross yield
Median sale from 82 recorded sales (last 12 months) — a Districts calculation.
Vs Cobblebank
-5.2%
Median sale
Suburb $648,500
+0.22 pp
Gross yield
Suburb 3.95%
Suburb median $648,500 from 82 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 $493/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
Cobblebank at a glance
5,549
People
$648,500
Median sale
$493/wk
Median rent
3.95%
Suburb gross yield
Median sale from 82 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White MeltonSahil Mahajan and Ray white Melton Located just 35 km west of Melbourne's CBD and only 10 minutes from Taylors Lakes and Caroline Springs, this beautifully presented 4-bedroom family home in Cobblebank offers lifestyle, comfort, and smart investment potential in one of Victoria's fastest-growing corridors.
Positioned for the Future - Key Infrastructure on the Way
Upcoming Melton Hospital
Just minutes away, the new $900 million Melton Hospital (due 2029) will be a fully electric facility featuring:
274 beds
24/7 emergency department
ICU, maternity & neonatal services
Mental health, radiology & outpatient care
Creating 2,400+ construction jobs and 4,000 ongoing healthcare roles, this project will significantly uplift the region's accessibility and employment.
Cobblebank Community Services Hub
A planned multi-storey, Green Star-rated facility offering:
Health, family & disability services
Mental health and multicultural programs
Located within the vibrant precinct, reinforcing Cobblebank's civic and community focus.
Cobblebank MAC - A Future Metropolitan Hub
Cobblebank is at the heart of a 100-hectare master-planned Metropolitan Activity Centre, incorporating:
Retail, commercial & education zones
Entertainment & civic spaces
Residential and transport developments over the next 30-40 years
Already home to:
Cobblebank Train Station (opened 2019)
Cobblebank Village shopping centre
With future rail electrification and transport enhancements planned.
Home Features That Make a Difference
Family-Friendly Design
4 generous bedrooms, all with built-in robes
Master suite with private ensuite
2 stylish bathrooms, including a luxurious main bath
Gourmet kitchen with dishwasher and ample bench/storage space
Comfort Meets Convenience
Security alarm system
Solar hot water system
Remote-controlled double garage
Outdoor entertaining area with a fully fenced backyard
Built by Simonds Homes - Renowned for quality craftsmanship and modern, family-focused layouts.
At a Glance
4 bedrooms | 2 bathrooms | 2-car garage
Close to parks, schools, shops, train station & future Melton Hospital
Located in a high-growth, infrastructure-rich suburb
A perfect choice for families, investors, or first-home buyers
Ready to Inspect?
Don't miss this exciting opportunity in a suburb destined for long-term growth.
Call Sahil today on 0405 028 899 to book your private inspection and discover why 5 Alabaster Avenue, Cobblebank, is more than a home-it's a lifestyle investment.
Photo ID Required for All Property Inspections
Please refer to the link below for the most recent Due Diligence Checklist:
https://bit.ly/RWDue_Diligence
Please refer to the link below for Ray White's Collection Notice:
https://bit.ly/RW_PrivacyNotice
DISCLAIMER: All dimensions are approximate. The details provided are for general information purposes only and do not constitute any representation by the vendor or real estate agent. This document has been prepared solely for marketing purposes. While every effort has been made to ensure the accuracy of the information, we do not accept responsibility for any errors. Prospective buyers should conduct their own inquiries to verify the information provided.
Listing description written by Sahil Mahajan, Ray White Melton — reproduced as published, not verified by Districts.