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VIC › Cairnlea › River Gum Ct

5 River Gum Ct, Cairnlea VIC 3023

House

$1,330,000

Last sold

5 July 2024

4

Bedrooms

2

Bathrooms

2

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLast recorded sale $1,330,000 (5 July 2024).(Recorded sale)

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

$1,330,000

5 July 2024 · derived via latest_sale

Cairnlea at a glance

10,035

People

$876,500

Median sale

$549/wk

Median rent

3.26%

Suburb gross yield

Median sale from 28 recorded sales (last 12 months) — a Districts calculation.

See the full Cairnlea report →

Vs Cairnlea

+51.7%

Median sale

Suburb $876,500

-1.11 pp

Gross yield

Suburb 3.26%

Suburb median $876,500 from 28 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

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. Sold$1,330,0005 July 2024
  2. Listedprice unknowncompleted30 Apr 2024

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 $549/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

Cairnlea in one glance

Cairnlea at a glance

10,035

People

$876,500

Median sale

$549/wk

Median rent

3.26%

Suburb gross yield

Median sale from 28 recorded sales (last 12 months) — a Districts calculation.

See the full Cairnlea report →

Keep researching

  • Why Cairnlea? Read the area thesis →
  • What else is on the market in Cairnlea →
  • Other records on River Gum Ct →

Listing material

Listed by Ray White West Realty

A Cut Above The Rest

Experience modern luxury from the moment you lay eyes on this double-story masterpiece. The stunning modern facade and warm welcoming entrance beckon you into a world of elegance and comfort. As you step inside, prepare to be mesmerized by the grand staircase and beautiful solid bamboo flooring that leads you to the vast, expansive open floor plan, where the living, dining, and kitchen areas converge at the heart of the home.

The kitchen is a culinary haven, featuring stone waterfall bench tops, stainless steel appliances, and ample storage and seating. This seamlessly intertwines with the outdoor decking entertainment area, creating a perfect space for alfresco dining and entertaining. A formal lounge room downstairs provides an additional retreat for relaxation and socializing.

Ascending to the second level, you'll discover a retreat area, ideal for unwinding with the family after a long day. All accommodation is housed on this level, with four spacious bedrooms. The master suite is a haven of luxury, complete with an ensuite, walk-in robe, and private balcony, offering a peaceful sanctuary to start and end your day. The remaining three bedrooms are serviced by the sparkling clean bathroom, ensuring comfort and convenience for all.

Read the full description

Perfectly positioned to Cairnlea Shopping Centre, Brimbank Shopping Centre, Cairnlea Park Primary School, Victoria University St Albans Campus, Ballarat Road Strip Shops, Ginifer train station, Sunshine hospital, easy access to the Western Ring Road and only 18km (approx.) to the Melbourne CBD.

Special features include

3 meter ceilings downstairs

2.7 meter ceilings up stairs

Commercial Steal frame windows double glaze

3 phrase power to the home

Square set cornices

Bamboo floorings

Timber decking

Stone benchtops

Block Out Blinds

Side access to accommodate for a Boat or Caravan.

An opportunity not to be missed. A home to enjoy for many years to come. Don't miss the opportunity to secure and invest in your future today!!

Listing description written by David (Thanh) Lu, Ray White West Realty — 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.