Devon Meadows at a glance
1,563
People
$1,455,000
Median sale
$593/wk
Median rent
2.12%
Suburb gross yield
Median sale from 5 recorded sales (last 24 months) — a Districts calculation.
VIC › Devon Meadows › Seymour Rd
$950,000
Last sold
7 Dec 2016
4
Bedrooms
2
Bathrooms
3
Car spaces
2,211 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
$950,000
7 Dec 2016 · derived via latest_sale
Local land rate: recorded House sales in Devon Meadows (last 5 years) with land size have a median of $184/m² of land (n=8). Districts calculation from recorded sales — not a valuation.
Devon Meadows at a glance
1,563
People
$1,455,000
Median sale
$593/wk
Median rent
2.12%
Suburb gross yield
Median sale from 5 recorded sales (last 24 months) — a Districts calculation.
Vs Devon Meadows
-34.7%
Median sale
Suburb $1,455,000
+1.13 pp
Gross yield
Suburb 2.12%
Suburb median $1,455,000 from 5 recorded sales (last 24 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 $593/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
Devon Meadows at a glance
1,563
People
$1,455,000
Median sale
$593/wk
Median rent
2.12%
Suburb gross yield
Median sale from 5 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by OBrien Real Estate CranbourneThis stunning four bedroom home situated on just over 1/2 acre and only 12 months old is the epitome of a carefully considered floorplan combined with a stylish elegance and a funky design edge. The main entry has an industrial chic appeal with its polished concrete floor, recycled exposed brick wall, soaring 3.2 metre ceilings and a metal art niche adding light and space between the entry and the study. Features include:-
- Main bedroom which opens to the alfresco area, has a large walk-in robe with commercial style shelving and clothes rack, ensuite with twin vanities, frameless glass shower with double shower head, heated towel rails and a separate toilet
- Further three bedrooms with built-in robes
- Main bathroom with frameless shower screen, freestanding bath & heated towel rails
- Separate powder room
- The kitchen is a chef's delight with a 2.4m island bar with stone benchtops, ample cupboards, mirrored glass splashbacks, integrated Smeg dishwasher and 900mm Technika oven
- A butler's pantry makes entertaining a dream
- The open plan meals and family room is serviced by a Coonara wood heater which has a ducted transfer system to warm the whole home
- The theatre room, study and playroom ensure that there is quiet space throughout the home to accommodate all the family member's needs and wants
- The laundry has a wall of cupboards and is next to the "mud room" which leads from the garage. Leave your muddy boots there after you've finished the gardening!
- This summer is going to be very exciting for the new owners with a solar heated, salt water chlorinated pool, an alfresco areas, an undercover BBQ area, plus an outside toilet
- Triple control garage with rear roller door
- A large shed in the rear yard takes care of all your storage needs.
Extra features include solar powered automatic gates, ducted vacuum, alarm system & solar hot water service
Less than 10 minutes from Cranbourne and just 45 minutes to Melbourne CBD or Mornington Peninsula. This property offers the convenience of location surrounded by other quality properties, plus the seclusion and privacy you can only dream about. Come and see what the fuss is all about!
Contact Matt Dewan today to arrange your inspection.
Listing description written by Matt Dewan, OBrien Real Estate Cranbourne — 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.