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VIC › Thornhill Park › Dibiase Grove

6 Dibiase Grove, Thornhill Park VIC 3335

For saleLand for Sale

$392,000–$412,000

For sale

Asking range

0

Bedrooms

0

Bathrooms

0

Car spaces

391.89 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $392,000–$412,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $392,000–$412,000(Listing record · 30 June 2026)
  • FactLand 392 m²; no building size recorded.(Property record)
  • CalculationAsk is 32% below the Thornhill Park median recorded sale ($580,000, n=212, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Thornhill Park's advertised median rent ($531/wk), implied gross yield would be 7.04% — this is not a rent for this listing.(Districts scenario calculation)

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

$392,000–$412,000

Asking range · $1,000/m² of land

No recorded sale for this property.

Thornhill Park at a glance

6,679

People

$580,000

Median sale

$531/wk

Median rent

4.76%

Suburb gross yield

Median sale from 212 recorded sales (last 12 months) — a Districts calculation.

See the full Thornhill Park report →

Vs Thornhill Park

-32.4%

Median sale

Suburb $580,000

+2.28 pp

Gross yield

Suburb 4.76%

Suburb median $580,000 from 212 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$392,000
Stamp Duty (Victoria)
$18,590
Transfer/Registration Fee
$1,022
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
$415,312

$23,312 on top of the price (5.9% 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

Based on the low end of the asking range, not a contract price.

Pre-filled with Thornhill Park's advertised median rent — not a rent for this listing.

Net yield
5.54%
Annual cashflow (pre-tax)
$1,348
Interest cover (DSCR)
1.07
Annual rent
$27,612
Operating expenses
$5,880
Loan amount
$313,600
Annual interest
$20,384
Gross yield
7.04%

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$392,000–$412,000available30 June 2026

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?

Confidence: low

No advertised rent is recorded. Suburb median rent $531/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.

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

Gross yield if leased at the suburb aggregate is 7.0%. 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

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.

1 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

    Knownlow

    This 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

    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

Thornhill Park in one glance

Thornhill Park at a glance

6,679

People

$580,000

Median sale

$531/wk

Median rent

4.76%

Suburb gross yield

Median sale from 212 recorded sales (last 12 months) — a Districts calculation.

See the full Thornhill Park report →

Keep researching

  • Why Thornhill Park? Read the area thesis →
  • What else is on the market in Thornhill Park →
  • Other records on Dibiase Grove →

Listing material

Listed by The Roof Real Estate

PREMIUM LAND, READY TO BUILT YOUR DREAM HOME ! OFFERS WELCOME Call on 0413 673 908

The Roof real estate proudly present a rare opportunity to build your home at prime location. Build your dream home in one of Melbourne's fastest-growing communities with this generous 391.89m² (approx.) titled allotment, perfectly positioned in the sought-after Thornhill Park Estate. Offering the ideal balance of lifestyle, convenience and future growth, this is an outstanding opportunity for first home buyers, families and savvy investors.

Enjoy the flexibility to design and build a home that suits your lifestyle in a thriving master-planned community surrounded by parks, open spaces and modern infrastructure. With easy access to major transport links, shopping, schools and future developments, this location promises exceptional long-term value.

Property Highlights

Read the full description

• Titled residential allotment

• Approx. 391.89m² block

• Located within the popular Thornhill Park Estate

• Ideal for first home buyers, families or investors

• Surrounded by quality homes in a rapidly growing community

• Easy access to the Western Freeway for commuting to Melbourne CBD

Nearby Amenities

• Thornhill Park Primary School - approximately 1 km

• Cobblebank Village Shopping Centre - around 7-10 minutes' drive

• Cobblebank Train Station - approximately 8-10 minutes' drive

• Future Thornhill Park Train Station (planned)

• Future Melton Hospital at Cobblebank

• Numerous local parks, playgrounds and walking trails

• Close to childcare centres and future education precincts

• Easy access to the Western Freeway connecting to Melbourne CBD and Ballarat.

Why You'll Love Thornhill Park

Thornhill Park is one of Melbourne's emerging lifestyle destinations, offering a family-friendly environment with expanding infrastructure, quality schools, recreational facilities and excellent transport connections. As the suburb continues to develop, buyers have the opportunity to secure land in a community with strong future growth potential.

Whether you're looking to build your forever home or secure a smart investment in Melbourne's west, 6 Dibiase Grove presents an outstanding opportunity in a high-demand location. Don't miss your chance to become part of the vibrant Thornhill Park community.

Act Now - Opportunities Like This Don't Last!

Contact us today and Make your dream home a reality in Thornhill Park.

Rinku Chaudhary - 0413 673 908

Harpreet Mangat 0416 412 414

For an up-to-date copy of the Due Diligence Checklist, please visit:

www.consumer.vic.gov.au/duediligencechecklist

DISCLAIMER: All stated dimensions are approximate. Information provided is for general purposes only and does not constitute any representation by the vendor or agent.

By enquiring on this property you agree to receive regular property updates and marketing communication from The Roof Real Estate. You may unsubscribe at any time.

Listing description written by Rinku Chaudhary, The Roof Real Estate — 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.