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VIC › Boorcan › Princes Hwy

5609 Princes Hwy, Boorcan VIC 3265

For saleRural Property

$490,000

For sale

Asking

4

Bedrooms

1

Bathrooms

2

Car spaces

16,000 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $490,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $490,000(Listing record · 16 Dec 2024)
  • FactLand 16,000 m²; no building size recorded.(Property record)

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

The ask against the evidence

Asking

$490,000

Asking · $31/m² of land

No recorded sale for this property.

Boorcan at a glance

No data

Median sale

No data

Median rent

No data

Suburb gross yield

See the full Boorcan report →

Total cost to purchase

Purchase Price
$490,000
Stamp Duty (Victoria)
$24,470
Transfer/Registration Fee
$1,251
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$519,421

$29,421 on top of the price (6.0% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

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.

Rental yield

No rent is recorded for this listing. Enter a weekly rent to model yield.

Enter a purchase price and weekly rent to calculate yield.

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.

Open the full yield calculator →

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. Listed$490,000available16 Dec 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?

No advertised rent and no suburb rent aggregate are loaded. Official bond files are not loaded. Listing rent and suburb aggregates are evidence, not this address’s rent.

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.

0 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

    Unknown

    No advertised rent and no suburb rent aggregate are loaded. Official bond files are not loaded. Listing rent and suburb aggregates are evidence, not this address’s rent.

  • 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

Boorcan in one glance

Boorcan at a glance

No data

Median sale

No data

Median rent

No data

Suburb gross yield

See the full Boorcan report →

Keep researching

  • Why Boorcan? Read the area thesis →
  • What else is on the market in Boorcan →
  • Other records on Princes Hwy →

Listing material

Listed by Ray White Camperdown

Dream Big with this Rural Retreat

Discover this charming rural retreat in Boorcan, where ample potential meets classic character.

Nestled on a generous 1.6 ha (approx.) and framed by established trees and gardens, the property showcases a striking yellow brick façade complemented by a terracotta tile roof and timber windows, retaining many original features that add a touch of elegance and character throughout.

Stepping inside, the large foyer entrance with adjoining sitting room greets you into the heart of the home. There is a large living area adorned with a character filled open fireplace framed by stone cladding and decorative timber panelling. The room offers direct access outside creating the perfect indoor/outdoor living zone whilst the split-system heating and cooling unit combined with ceiling fans ensures year-round comfort.

Read the full description

The timber, country-style kitchen is a delight for any home cook. Featuring generous bench space as well as modern appliances, including an electric ceramic cooktop, a dishwasher, a corner pantry and an island bench whilst the adjoining dining area allows room for the whole family to enjoy a meal together.

The spacious layout also features 4 generous bedrooms, each equipped with built-in robes, along with a dedicated study that caters to those who work from home or desire extra space for hobbies.

Completing the inside space, there is a bathroom with a pedestal vanity and shower over bath, supplemented by another shower in the laundry room and a convenient separate toilet.

The outdoor space is equally impressive, with established gardens and mature trees creating a tranquil setting. Additionally, the property includes its own piece of history showcasing a former Camperdown High School classroom, offering unique versatility and potential for various uses.

For those with aspirations of expansion, this property boasts significant potential for industrial-sized shedding (STCA), making it an excellent opportunity for tradespersons or those in need of extra space.

Whether you envision a peaceful family home or a workspace with room to grow, this property is ready for its next chapter.

Located on the Princes Highway within 10 minutes to the nearby townships of Terang and Camperdown whilst Warrnambool and the coast are only 45 minutes away, don't miss out on the incredible scope this property offers to create your own rural retreat.

Listing description written by Alistair Tune, Ray White Camperdown — 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.