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VIC › Mambourin › Masters Cres

62 Masters Cres, Mambourin VIC 3024

Land

$349,000

Last sold

23 July 2026

0

Bedrooms

0

Bathrooms

0

Car spaces

400 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $349,000 (23 July 2026).(Recorded sale)
  • FactLand 400 m²; no building size recorded.(Property record)
  • CalculationRecorded Land sales in Mambourin (last 5 years) with land size: median $842/m² of land (n=21). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

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

What this lot has actually traded at

Last sold

$349,000

23 July 2026 · derived via latest_sale

Local land rate: recorded Land sales in Mambourin (last 5 years) with land size have a median of $842/m² of land (n=21). Districts calculation from recorded sales — not a valuation.

Mambourin at a glance

3,784

People

$650,000

Median sale

$490/wk

Median rent

3.92%

Suburb gross yield

Median sale from 81 recorded sales (last 12 months) — a Districts calculation.

See the full Mambourin report →

Vs Mambourin

-46.3%

Median sale

Suburb $650,000

+3.38 pp

Gross yield

Suburb 3.92%

Suburb median $650,000 from 81 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

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. Sold$349,00023 July 2026
  2. Listedprice unknowncompleted2 Sept 2025

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 $490/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

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.

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.

Nearby

Nearby properties

  • 14 Masters Cres, Mambourin VIC 3024
  • 3 Masters Cres, Mambourin VIC 3024
  • 12 Masters Cres, Mambourin VIC 3024
  • 21 Masters Cres, Mambourin VIC 3024

Area

Mambourin in one glance

Mambourin at a glance

3,784

People

$650,000

Median sale

$490/wk

Median rent

3.92%

Suburb gross yield

Median sale from 81 recorded sales (last 12 months) — a Districts calculation.

See the full Mambourin report →

Keep researching

  • Why Mambourin? Read the area thesis →
  • What else is on the market in Mambourin →
  • Other records on Masters Cres →

Listing material

Listed by Top Edge Real Estate

Golden Opportunity in a Master-Planned Community

Top Edge Real Estate proudly presents 62 Masters Crescent, Mambourin - a premium 400sqm (approx.) north-facing allotment in the highly sought-after Windermere Estate.

This perfectly positioned block offers the ideal canvas to build your dream home or investment in a community designed for lifestyle, connection, and convenience. With its north-facing orientation, you'll enjoy abundant natural light and greater flexibility in home design.

Key Highlights:

Read the full description

• Surrounded by future parks, wetlands, and over 50 hectares of open space.

• Planned P-12 schools, childcare centres, and sporting facilities within the estate.

• Easy access to Manor Lakes Central, Tarneit Central, and Pacific Werribee shopping centres.

• Just 38km (approx.) from Melbourne CBD, with quick access to the Princes Freeway.

• Wyndham Vale Train Station only minutes away, with express services to Southern Cross in approx. 35 minutes.

An opportunity like this is rare to come by and will not last long! To be a part of this exciting experience, living a balanced and active lifestyle at Thornhill Park.

Please call Aman Nijjar on 0405065515 or Malhi on 0473 360 000 to find out more.

DISCLAIMER: All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent. Landscaping is for illustration purposes only.

Listing description written by Malhi Amandeep, Top Edge 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.