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.
$2,400,000–$2,600,000
For sale
Asking range
4
Bedrooms
2
Bathrooms
8
Car spaces
412,779.355 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
$2,400,000–$2,600,000
Asking range · $6/m² of land
No recorded sale for this property.
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
+308.9%
Median sale
Suburb $587,000
-3.43 pp
Gross yield
Suburb 4.54%
Suburb median $587,000 from 13 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.
$143,314 on top of the price (6.0% 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 Cardigan'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 $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.
Gross yield if leased at the suburb aggregate is 1.1%. 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
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 McGrath BallaratSet across an impressive 102 acres of highly usable land, this exceptional lifestyle property delivers the perfect fusion of modern family living, premium equine infrastructure, and a location that is simply hard to replicate.
• Offering a true country escape without sacrificing convenience, you'll enjoy the peace and privacy of rural life while being just minutes from Ballarat, the thriving Lucas precinct, and seamless access to the Western Freeway for Melbourne commuters. This is a rare opportunity to secure substantial acreage so close to Ballarat's growing amenities-ideal for families, hobby farmers, or those seeking a refined country lifestyle with room to expand.
• Thoughtfully divided into 4 paddocks plus 9 well-designed horse yards (including one with a stable), offering flexibility for equine pursuits, livestock, or lifestyle farming, all supported by quality fencing and easy access throughout the property.
• The comfortable and well-appointed 4-bedroom family home is designed for both functionality and comfort, featuring a spacious master suite complete with walk-in robe and private ensuite, while two additional bedrooms include generous built-in robes, ideal for growing families.
• Enjoy the luxury of space with a dedicated theatre room, a separate rumpus room, and an additional living area, allowing for relaxation, entertainment, and privacy for every member of the household.
• The heart of the home is the stylish kitchen that showcases stone benchtops, quality Westinghouse appliances, and a seamless connection to the main living and dining spaces, perfect for everyday living and entertaining.
• Two bathrooms plus practical mud/powder room – thoughtfully designed to cater to busy country living, offering convenience and functionality for families and those coming in from the land.
• Year-round comfort with zoned reverse cycle air conditioning and underfloor heating – ensuring the home remains comfortable through all seasons, delivering warmth in winter and cooling in summer.
• Outdoor entertaining at its finest – a covered courtyard deck provides the perfect setting for entertaining guests or enjoying peaceful rural views in all weather conditions.
• Highly functional laundry with drying cupboard – a practical addition that enhances everyday living, particularly suited to rural lifestyles.
• Secure double garage and excellent water infrastructure – including two 22,500L freshwater tanks, ensuring reliable water storage for household use. Outstanding shedding and working infrastructure – a substantial 17.5m x 7.5m Colorbond shed (5 bays, 2 enclosed with concrete floor and high roller doors plus 3 open bays), complemented by a 10.5m x 9m barn-style shed with high clearance, roller door, and attached carport/dog yard-ideal for machinery, storage, or workshop use.
• Comprehensive farm setup ready to go – featuring bore water servicing both stock and domestic needs, automated sprinkler systems to the house yard, horse yards, and paddocks, three dams, and well-equipped cattle yards with loading ramp for efficient livestock management.
• Unbeatable location blending rural peace with urban convenience – just 7 minutes to Lucas Shopping Centre, a short drive to Ballarat's schools, services and amenities, and quick access to the Western Freeway, making commuting to Melbourne both practical and appealing.
• This remarkable property offers a rare balance-expansive acreage, quality infrastructure, and close proximity to Ballarat and Lucas that is seldom found. Whether you're seeking a working property, equine haven, or simply a premium lifestyle retreat, this is an opportunity not to be missed.
Listing description written by Matthew Edwards, McGrath Ballarat — reproduced as published, not verified by Districts.