Cardigan at a glance
3,086
People
$587,000
Median sale
$512/wk
Median rent
4.54%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
VIC › Cardigan › Windermere Way
$1,020,000
Last sold
11 Oct 2024
4
Bedrooms
2
Bathrooms
8
Car spaces
9,990 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
$1,020,000
11 Oct 2024 · derived via latest_sale
Local land rate: recorded House sales in Cardigan (last 5 years) with land size have a median of $393/m² of land (n=24). Districts calculation from recorded sales — not a valuation.
Cardigan at a glance
3,086
People
$587,000
Median sale
$512/wk
Median rent
4.54%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Vs Cardigan
+73.8%
Median sale
Suburb $587,000
-1.93 pp
Gross yield
Suburb 4.54%
Suburb median $587,000 from 13 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 $512/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
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
Cardigan at a glance
3,086
People
$587,000
Median sale
$512/wk
Median rent
4.54%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Buxton BallaratLocated in the popular Avenue Hill estate in a serene setting with stunning views towards Lucas, 58 Windermere Way presents an exceptional opportunity to own a spacious, ranch-style family home. Built by Metricon, this expansive property offers a unique blend of modern comforts and rural tranquillity, making it an ideal retreat for families looking to enjoy both space and convenience. With ample room for growth and the potential to create your dream lifestyle, this home is a rare find in a sought-after location.
The interior of this home is designed with family living in mind. Featuring four generously sized bedrooms, including a luxurious master suite with a walk-in robe and ensuite, there’s plenty of space for everyone. A large study off the master bedroom offers the flexibility to work from home or can be used as a nursery for the growing family. The home boasts three separate living areas, ensuring everyone has their own space to relax. The open-plan kitchen, dining, and living area is perfect for entertaining, complete with a butler’s pantry that adds both style and functionality. The large family sized laundry has ample bench and storage space. The home has both gas central heating and evaporative cooling for all year-round comfort as well as a natural log fire in the main living area. Other key features include the double lock up garage on with internal access and the solar power to keep the bills down.
Set on a sprawling 9,990m² (approximately 2.5 acres) block, the outdoor space is just as impressive as the interior. Car enthusiasts will appreciate the separate 12m x 7m shed, which features a concrete floor, power, and ample lighting. Whether you’re working on projects or need extra storage, this shed has you covered. The property also offers fantastic entertaining options, with a fire pit area and an undercover alfresco space, perfect for hosting gatherings or simply enjoying the beautiful surroundings. The kids and pets will have the enjoyment of the land with plenty of room for everyone and the potential to further add your own swimming pool or extra shedding if desired.
While offering the peace and privacy of rural living, this property is conveniently located just a short drive from the Lucas Town Centre and the Ballarat CBD. With quick access to the Melbourne Freeway, commuting to the city is a breeze. Whether you’re looking for a quiet retreat or a home with easy access to urban amenities, 58 Windermere Way offers the best of both worlds. Don’t miss out on this rare opportunity to secure a truly special property.
Listing description written by Paul McGourlay, Buxton Ballarat — reproduced as published, not verified by Districts.