Leneva at a glance
2,234
People
$748,000
Median sale
$673/wk
Median rent
4.68%
Suburb gross yield
Median sale from 45 recorded sales (last 12 months) — a Districts calculation.
VIC › Leneva › Southgate Dr
$735,000
Last sold
14 July 2026
3
Bedrooms
2
Bathrooms
2
Car spaces
609.268 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
$735,000
14 July 2026 · derived via latest_sale
Local land rate: recorded House sales in Leneva (last 5 years) with land size have a median of $1,180/m² of land (n=72). Districts calculation from recorded sales — not a valuation.
Leneva at a glance
2,234
People
$748,000
Median sale
$673/wk
Median rent
4.68%
Suburb gross yield
Median sale from 45 recorded sales (last 12 months) — a Districts calculation.
Vs Leneva
-1.7%
Median sale
Suburb $748,000
+0.08 pp
Gross yield
Suburb 4.68%
Suburb median $748,000 from 45 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 $673/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
Leneva at a glance
2,234
People
$748,000
Median sale
$673/wk
Median rent
4.68%
Suburb gross yield
Median sale from 45 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by PRD AlburySet on a generous 609m² corner allotment within the ever-popular Kinchington Estate, 55 Southgate Drive is a home that reflects the care, thought and pride that comes from being custom built and lovingly maintained by its original owners.
This remarkable Peter Howard-built residence combines a timeless neutral palette with a highly functional floorplan, creating a home that feels both welcoming and effortlessly liveable. Filled with natural light and offering multiple living zones, the layout has been carefully considered to balance connection and privacy, making it suited to those seeking a quality home in a well-established community.
At the heart of the home, the open-plan kitchen, dining and living area creates a natural gathering place for everyday life. Stone benchtops, quality appliances, a large walk-in pantry and generous storage ensure the kitchen is as practical as it is attractive, while the adjoining living spaces flow seamlessly to the expansive undercover alfresco and deck. Outside, manicured lawns and established gardens frame the property, while the secure rear yard provides a low-maintenance environment for children, pets and entertaining. Combined with the picturesque surrounds and strong sense of community that Kinchington Estate is known for, it is a home designed to be enjoyed for years to come.
Further Highlights:
- Three generous bedrooms, all featuring ceiling fans.
- Master suite complete with walk-in robe and ensuite, while bedrooms two and three include built-in robes.
- Light-filled open-plan kitchen, dining and family area complemented by durable hybrid flooring.
- Stylish kitchen featuring stone benchtops, island bench, stainless steel appliances and pendant lighting.
- Large walk-in pantry with additional storage and preparation space.
- Separate formal lounge providing valuable additional living space and the ability to close off from the main living zone.
- Family bathroom designed for everyday functionality, featuring a separate bath, shower, powder area and toilet.
- Well-appointed laundry offering excellent storage, bench space and external access.
- Ducted heating and cooling.
- Expansive covered alfresco and decked entertaining area featuring a ceiling fan, built-in cabinetry, bar fridge and festoon lighting.
- Secure, low-maintenance yard framed by beautifully maintained gardens and manicured lawns, with an irrigation system servicing both the front and rear yards.
- Oversized double lock-up garage with internal access and rear yard access.
- Double gates providing convenient side access and additional off-street parking options.
- Solar hot water system.
Whether it's summer entertaining under the alfresco, family dinners around the kitchen island or simply enjoying the sense of community that makes Kinchington Estate so popular, 55 Southgate Drive is a home designed to make everyday life easy.
Disclaimer: All information provided has been gathered with care from sources believed to be reliable; however, neither the vendor nor the agent makes any warranty as to its accuracy, completeness, or currency. Interested parties should not rely solely on these particulars and are advised to conduct their own independent enquiries, inspections, and verification to satisfy themselves of all relevant details.
Listing description written by Jake Spargo, PRD Albury — 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.