Strathtulloh at a glance
8,527
People
$625,000
Median sale
$493/wk
Median rent
4.10%
Suburb gross yield
Median sale from 172 recorded sales (last 12 months) — a Districts calculation.
VIC › Strathtulloh › Palara Dr
$699,000–$768,000
For sale
Asking range
4
Bedrooms
2
Bathrooms
2
Car spaces
448 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
Asking
$699,000–$768,000
Asking range · $1,560/m² of land
No recorded sale for this property.
Strathtulloh at a glance
8,527
People
$625,000
Median sale
$493/wk
Median rent
4.10%
Suburb gross yield
Median sale from 172 recorded sales (last 12 months) — a Districts calculation.
Vs Strathtulloh
+11.8%
Median sale
Suburb $625,000
-0.43 pp
Gross yield
Suburb 4.10%
Suburb median $625,000 from 172 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Based on the low end of the asking range, not a contract price.
$42,450 on top of the price (6.1% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Based on the low end of the asking range, not a contract price.
Pre-filled with Strathtulloh's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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.
Gross yield if leased at the suburb aggregate is 3.7%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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
Strathtulloh at a glance
8,527
People
$625,000
Median sale
$493/wk
Median rent
4.10%
Suburb gross yield
Median sale from 172 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White Melton55 Palara Drive, Strathtulloh
Currently leased at $520 per week | Approximately 29 squares | 448m2 block
Ray White & Sahil Mahajan proudly present 55 Palara Drive, Strathtulloh - a beautifully designed near-new Carlisle Homes residence offering the perfect combination of modern style, quality finishes, spacious living, and exceptional future growth potential.
Built by the highly regarded Carlisle Homes, this stunning four-bedroom family home delivers contemporary elegance and a low-maintenance lifestyle, making it an ideal opportunity for families, first home buyers, and investors.
From the moment you arrive, the landscaped front garden and striking façade create an impressive first impression. The welcoming entrance leads into a thoughtfully designed interior featuring quality tiled flooring, high ceilings, and a spacious layout filled with natural light.
At the heart of the home is the expansive open-plan living and dining area, seamlessly connected to a modern kitchen featuring quality appliances, generous bench space, and a large walk-in pantry. This central hub provides the perfect setting for everyday family living and entertaining.
The master bedroom offers a private retreat complete with a walk-in robe and stylish ensuite featuring dual vanities. The remaining bedrooms are generously sized, each fitted with walk-in robes, providing comfort and privacy for the entire family.
Step outside to the impressive alfresco area and beautifully landscaped, low-maintenance backyard, ideal for entertaining guests or enjoying relaxed outdoor living. The exposed aggregate concrete driveway further enhances the home's street appeal.
Additional Features Include:
Built by renowned Carlisle Homes
Approximately one year old
Four spacious bedrooms
Master bedroom with walk-in robe and ensuite
Ducted heating and cooling
High ceilings throughout
LED downlights
Walk-in linen storage
Separate laundry
Remote-controlled double garage with internal access
Opticomm ready
Landscaped front and rear gardens
Prime Location & Lifestyle Benefits
Enjoy the convenience of being surrounded by established amenities and major future developments:
Walking distance to Cobblebank Village Shopping Centre
Close to the upcoming Melton Hospital precinct
Close to Cobblebank Community Centre
Near Strathtulloh Primary School and future secondary school
Approximately 4 minutes to Cobblebank Park Primary School and kindergarten
Approximately 3 minutes to St Francis Catholic College
Approximately 3 minutes to Cobblebank Railway Station and Cobblebank Stadium
Close to schools, shops, sporting facilities, parks, walking trails, and leisure facilities
Major Upcoming Developments - A Smart Investment Opportunity
Melton Hospital (Expected Completion 2029)
A landmark $900 million fully electric hospital development featuring:
24/7 emergency services
ICU facilities
Maternity and neonatal care
Mental health services
Radiology and outpatient facilities
Amazon Data Centre & Community Civic Centre
A major future employment hub supporting:
Approximately 400 new jobs
Increased investment and economic growth in the region
Kangan Institute - Upcoming Campus
A future education and training precinct with capacity for approximately 1,200 students.
Cobblebank Metropolitan Activity Centre (MAC)
A 100-hectare master-planned precinct featuring:
Retail, education, and commercial zones
Entertainment and community spaces
Future rail electrification and transport upgrades
Cobblebank Railway Station and Cobblebank Village Shopping Centre already established
Why You'll Love This Home
Offering the perfect combination of modern design, family functionality, and outstanding location, this impressive Carlisle home represents an incredible opportunity to secure a property in one of Melbourne's fastest-growing communities.
Whether you are looking for a quality family home, your first property, or a strong investment opportunity, 55 Palara Drive delivers lifestyle convenience today with excellent future growth potential.
Contact Sahil Mahajan on 0405 028 899 today.
Enquire now and secure your place in this exciting growth corridor.
Photo ID required for all inspections.
Due Diligence Checklist:
https://bit.ly/RWDue_Diligence
Ray White Collection Notice:
https://bit.ly/RW_PrivacyNotice
DISCLAIMER: All dimensions are approximate. The information provided is for general information purposes only and does not constitute any representation by the vendor or agent. This document has been prepared for marketing purposes. Prospective purchasers are advised to conduct their own enquiries. Some images may have been virtually staged.
Listing description written by Sahil Mahajan, Ray White Melton — reproduced as published, not verified by Districts.