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VIC › Sandhurst › Bluewater Dr

5 Bluewater Dr, Sandhurst VIC 3977

House

4

Bedrooms

3

Bathrooms

2

Car spaces

802 m²

Land

422 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • CalculationRecorded House sales in Sandhurst (last 5 years) with land size: median $1,833/m² of land (n=48). 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

No recorded sale price for this property yet.

Local land rate: recorded House sales in Sandhurst (last 5 years) with land size have a median of $1,833/m² of land (n=48). Districts calculation from recorded sales — not a valuation.

Sandhurst at a glance

5,287

People

$1,150,000

Median sale

$672/wk

Median rent

3.04%

Suburb gross yield

Median sale from 27 recorded sales (last 12 months) — a Districts calculation.

See the full Sandhurst report →

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. Soldprice unknown9 Jan 2026
  2. Listedprice unknowncompleted26 Aug 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 $672/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

Sandhurst in one glance

Sandhurst at a glance

5,287

People

$1,150,000

Median sale

$672/wk

Median rent

3.04%

Suburb gross yield

Median sale from 27 recorded sales (last 12 months) — a Districts calculation.

See the full Sandhurst report →

Keep researching

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

Listing material

Listed by Ray White Carrum Downs

Luxurious Waterfront Living in Prestigious Estate

An incredible waterfront position within the coveted Sandhurst Estate provides the perfect setting for this superb four-bedroom luxury residence, an entertainer's dream lavishly designed for discerning modern families. High 4m ceilings and stunning feature lighting immediately showcase the grandiose proportions of this magnificent home. Breathtaking open plan living spaces include a connoisseur's kitchen flaunting white stone surfaces, induction cooktop, dual Miele ovens and lavish waterfall island bench, alongside an expansive dining domain and lavish bar with matching stone benches, bar fridge and vibrant orange splashbacks. Relax in comfort and style by the water both inside and out, with the peaceful living zone enhanced by gas log fireplace and floor to ceiling windows capturing stunning views, opening to the majestic entertainer's alfresco comprising barbecue, rangehood, sink, ceiling fan and heaters flowing out to the peaceful tiled patio overlooking the lake. Impressive in size and appointments, the main bedroom flaunts panoramic views and a sumptuous ensuite, with a second plush bedroom at the front of the home with ensuite, and two rear bedrooms with built-in robes serviced by the deluxe fully tiled family bathroom with walk-in shower and freestanding tub. Unrivalled in elegance, this easy-care oasis offers a dream lifestyle of luxury for families.

THE FEATURES

- Architecturally Designed

Read the full description

- Built in stone sauna room

- Heated floors to all bathrooms

- Abundance of built in cabinetry

- Reverse Cycle Zoned ducted heating and cooling

- Superb 4-bed, 3-bath luxury waterfront residence

- Set within prized estate close to golf course & parkland

- Immense open plan living space overlooking the water

- Deluxe entertainer's alfresco opening to lakeside

- Sumptuous modern features add elegance throughout

- Stunning stone kitchen & lavish fully tiled bathrooms

- Double garage plus additional off-street parking

An exclusive waterfront location in the prestigious gated community in the highly sought-after Sandhurst Island offers the ideal base for an active and connected modern lifestyle, with the Sandhurst Club, golf course and parkland all within a pleasant stroll. Marriot Waters and Carrum Downs shopping centres are both mere minutes away, as is Eastlink and the Peninsula Link freeways, and Banyan Fields Primary and Carrum Downs Secondary College.

Listing description written by Aarryn Cooper, Ray White Carrum Downs — 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.