Pearcedale at a glance
4,041
People
$1,295,000
Median sale
$566/wk
Median rent
2.27%
Suburb gross yield
Median sale from 21 recorded sales (last 12 months) — a Districts calculation.
VIC › Pearcedale › Rainbow Ct
$965,000
Last sold
13 May 2024
4
Bedrooms
2
Bathrooms
5
Car spaces
1,006 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
$965,000
13 May 2024 · derived via latest_sale
Local land rate: recorded House sales in Pearcedale (last 5 years) with land size have a median of $954/m² of land (n=69). Districts calculation from recorded sales — not a valuation.
Pearcedale at a glance
4,041
People
$1,295,000
Median sale
$566/wk
Median rent
2.27%
Suburb gross yield
Median sale from 21 recorded sales (last 12 months) — a Districts calculation.
Vs Pearcedale
-25.5%
Median sale
Suburb $1,295,000
+0.78 pp
Gross yield
Suburb 2.27%
Suburb median $1,295,000 from 21 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 $566/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
UnknownArea
Pearcedale at a glance
4,041
People
$1,295,000
Median sale
$566/wk
Median rent
2.27%
Suburb gross yield
Median sale from 21 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Area Specialist SolutionsIt's Addressed:
Welcome to 5 Rainbow Court, Pearcedale – where tranquillity meets modern living in this sought-after suburb. Nestled in a quiet court location, this exceptional residence offers a perfect blend of comfort and style. Featuring four bedrooms, the spacious master bedroom boasts a walk-in robe and a recently renovated ensuite. The remaining three bedrooms are equipped with built-in robes, providing ample storage space for the entire family.
The heart of the home is a stunning, renovated kitchen with a waterfall stone benchtop, offering both style and functionality. Abundant bench and cupboard space, along with a convenient walk-in pantry, make this kitchen a chef's delight. The spacious front living area is bathed in natural light, creating a welcoming ambiance for family gatherings or relaxation.
Adding to the appeal, a separate living area features a cozy coonara woodfire place, as well as ducted heating throughout, providing warmth and charm during colder months.
The secondary living space offers versatility and ample room for various lifestyle needs as well as a weatherwall air conditioner unit.
Entertaining is a breeze with a large outdoor undercover entertainment area, perfect for hosting gatherings or enjoying a quiet evening under the stars. The 1006m2 block provides ample space for outdoor activities, and full side access with secure gates ensures convenience and security.
For those with a penchant for DIY or needing extra storage, a 9x8m (approx.) shed, along with an additional 9x4m (approx.) carport, awaits your projects and vehicles. The double garage and additional parking spaces further enhance the property's practicality.
Maintaining this property is a breeze with low-maintenance gardens, allowing you more time to enjoy the things that matter. Located conveniently close to Pearcedale Primary School, Pearcedale Kindergarten, Pearcedale Shopping Centre, and public transport options, this home is well-connected to essential amenities.
Don't miss the opportunity to make 5 Rainbow Court your new home – where modern comforts, convenience, and a peaceful setting come together seamlessly. Contact us today to arrange an inspection and discover the lifestyle awaiting you in Pearcedale!
For more Real Estate in Pearcedale contact your Area Specialist.
Note: Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves with any pertinent matters.
Listing description written by Sarah McCallum, Area Specialist Solutions — reproduced as published, not verified by Districts.
Victoria 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.