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VIC › Cape Woolamai › Panorama Dr

62 Panorama Dr, Cape Woolamai VIC 3925

House

$890,000

Last sold

6 Apr 2023

4

Bedrooms

2

Bathrooms

1

Car spaces

580 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 $890,000 (6 Apr 2023).(Recorded sale)
  • FactLand 580 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Cape Woolamai (last 5 years) with land size: median $1,252/m² of land (n=47). 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

$890,000

6 Apr 2023 · derived via latest_sale

Local land rate: recorded House sales in Cape Woolamai (last 5 years) with land size have a median of $1,252/m² of land (n=47). Districts calculation from recorded sales — not a valuation.

Cape Woolamai at a glance

2,228

People

$624,000

Median sale

$508/wk

Median rent

4.23%

Suburb gross yield

Median sale from 26 recorded sales (last 12 months) — a Districts calculation.

See the full Cape Woolamai report →

Vs Cape Woolamai

+42.6%

Median sale

Suburb $624,000

-1.26 pp

Gross yield

Suburb 4.23%

Suburb median $624,000 from 26 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$890,0006 Apr 2023
  2. Listedprice unknowncompleted31 Mar 2023

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 $508/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

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.

Area

Cape Woolamai in one glance

Cape Woolamai at a glance

2,228

People

$624,000

Median sale

$508/wk

Median rent

4.23%

Suburb gross yield

Median sale from 26 recorded sales (last 12 months) — a Districts calculation.

See the full Cape Woolamai report →

Keep researching

  • Why Cape Woolamai? Read the area thesis →
  • What else is on the market in Cape Woolamai →
  • Other records on Panorama Dr →

Listing material

Listed by Barry Plant Phillip Island

OPEN FOR INSPECTIONS on 02/04 HAS BEEN CANCELED / Spacious Family Entertainer Near the Beach

Have you been searching for the ultimate family entertainer? Showcasing a spacious layout, alfresco with a swimming spa and being only 300m to the beach, this coastal residence is sure to impress.

The interiors evoke a relaxed ambience, which will inspire buyers to move straight in or update to create their dream family abode (STCA). A wood heater creates a cosy setting in the generous lounge, while the open plan living/dining zone is the perfect place to kick back after your morning surf and the family room is an ideal space for entertaining. You'll love that both living zones open onto the surrounding outdoor areas. The kitchen features a built-in pantry, breakfast bar, dishwasher and cooking appliances.

The main bedroom boasts a walk-in robe, an en suite and ceiling fan. Three additional bedrooms all with built-in robes and ceiling fans share close access to the main bathroom, while separate toilet and laundry complete a functional layout. Other features include two split systems air conditioners, polished timber flooring and 6.6kw solar panels.

Read the full description

The backyard is home to a private entertaining zone, where the alfresco area entices you to soak up the afternoon sunshine and the swimming spa is the perfect place to relax at the end of the day. The front driveway provides off-street parking, while the oversized carport will accommodate a boat or a caravan and a side double gate provides access to the backyard.

Every day will feel like a holiday in this dream location. After you've started the day with a surf, you can head to the vibrant shopping precinct to enjoy a morning coffee or dinner at the local tavern.

Listing description written by Kristina Walters, Barry Plant Phillip Island — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Ensuites: 1
  • Living Areas: 2
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.