Lower Plenty at a glance
4,194
People
$1,390,000
Median sale
$574/wk
Median rent
2.15%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
VIC › Lower Plenty › Palamino Ct
5
Bedrooms
4
Bathrooms
11
Car spaces
6,001 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Lower Plenty (last 5 years) with land size have a median of $1,324/m² of land (n=55). Districts calculation from recorded sales — not a valuation.
Lower Plenty at a glance
4,194
People
$1,390,000
Median sale
$574/wk
Median rent
2.15%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
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 $574/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
Lower Plenty at a glance
4,194
People
$1,390,000
Median sale
$574/wk
Median rent
2.15%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Morrison Kleeman Estate Agents Eltham Greensborough DoreenSpectacular in terms of scale, luxury and refinement, unsurpassed family living awaits in this meticulously crafted, architect-designed home. Set on a 6001m2 allotment at the end of a prestigious, tightly held court, it presents an enviable showcase of family indulgence.
Fusing flawless luxury with practical functionality, walls of glass to just about every room dissolve the barriers between indoors and stunning landscaped gardens that pop with colour all year round.
A spacious entry makes the introduction to a spacious lounge fitted with an open fire and quality theatre equipment and complemented by a formal dining space.
Catering impeccably to any culinary challenge, the gourmet kitchen introduces natural stone tops, 2-pac, soft-close cabinetry, slide-out racking, and quality appliances, including dual ovens. It takes pride of place in an expansive open plan living-meals that extends into a vast rumpus with a granite wet bar.
Underpinned by a rare commitment to alfresco excellence, an impressively proportioned paved area, softened by carefully considered plantings, links the house to a summer house.
Showcasing a stainless steel kitchen featuring a teppanyaki grill, huge island bar, powder room, and fireplace, it sits beside a pool and spa that introduces another dimension to summer enjoyment thanks to a sit-up bar and tilting glass panels allowing you to master the weather. Ready for hit and giggle or something more serious is the tennis court.
Enjoying the peace and privacy of its own dedicated level is a fitted home office, the perfect solution for those working from home.
As excepted accommodation options are plentiful and luxurious. The main bedroom indulges with a hotel-inspired ensuite, a fitted dressing room and a built-in robe. The three remaining bedrooms share two luxury family bathrooms (one with a sauna). The fifth bedroom, tucked away on its own level and complete with an ensuite, delivers the ideal option for guests or inter-generational living.
A two-car garage under the roofline and with internal access is complemented by a second garage/workshop reached by an internal driveway. Over-height, alarmed and with CCTV and offering 186m2 (approx.) of immaculate space, it includes a hoist, fitted storage, and WC and would work just as well for a collector or somewhere to store the boys-toys as it would for someone looking to base their business from home.
Additional high-end features include zoned ducted refrigerated climate control, climate control augmented by Shugg windows and multiple split system units, ducted heating, a stone-finished fitted laundry, watering system, alarm, CCTV and auto gates providing access from the quiet court.
A superb fusion of substance and style, this is an exhilarating, enticing and enviable lifestyle prospect!
***PHOTO ID REQUIRED AT OPEN FOR INSPECTIONS***
Listing description written by Rocco Montanaro, Morrison Kleeman Estate Agents Eltham Greensborough Doreen — reproduced as published, not verified by Districts.