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.
$1,050,000
Last sold
19 Feb 2021
4
Bedrooms
2
Bathrooms
6
Car spaces
3,710 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
$1,050,000
19 Feb 2021 · derived via latest_sale
Local land rate: recorded House sales in Cardigan (last 5 years) with land size have a median of $376/m² of land (n=25). Districts calculation from recorded sales — not a valuation.
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
+78.9%
Median sale
Suburb $587,000
-2.00 pp
Gross yield
Suburb 4.54%
Suburb median $587,000 from 13 recorded sales (last 12 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 $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.
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
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 Buxton BallaratThis magnificent two storey 41sq home on a huge size block of approx. 3710m2, with high elevation overlooking stunning Blind Creek Estate in Cardigan. Beautifully established gardens, with tree lined concrete driveway that leads to house.
Upon entrance you will be blown away by this very impressive home, a large open void, sitting/lounge room, perfect for parents to sit and relax. Bamboo timber flooring flows throughout the home, leading down hallway to large media/theatre room fully set up for projector and sound system. Hallway then flows into massive open plan living/dining/kitchen area, spacious and light filled, complete with butler’s pantry, double sink, Caesar stone benchtops, 900mm Blanco appliances, galley with overhead cupboards and ample bench space.
Feature staircase leads you to upstairs where there is a large rumpus room/kids retreat playroom. Magnificent views overlooking gardens and surroundings. Comprising four large bedrooms, main master king size bedroom complete with walk-in-robe, ensuite with spa bath, extra large double shower with tiles from floor to ceiling, double vanity and separate toilet. Three additional bedrooms, all with built-in-robes. Main family bathroom includes bath, shower, with tiling to ceiling, vanity and separate toilet.
From the dining/living area, two sets of stacking doors to incorporate indoor/outdoor living lead to large 8m x 4m undercover alfresco dining area. Large play ground area for kids 10m x 11m with versatile opportunities (ie. Swimming pool, tennis court, entertainment area or second shed). Outside also features working bore, with plumbing to all garden areas within the property, 26,350L water tank with pump and two taps for front and back yard. A large 9m x 9m shed with vehicle access for two cars, fully insulated with 3.5 insulbats, fully established plastered office and facility for kitchenette and mezzanine for storage. There is also extra parking space at the front of the property for caravan, trailer or boat.
Other features of this very impressive home include full security cameras surrounding the outside of the home, double lock up garage, ducted gas heating with dual zone controller, evaporative cooling and termite protection flick anticlimax surrounding the property.
A wonderful opportunity to purchase a stunning family home located within a 10 minute drive to Ballarat CBD, Melbourne freeway, Sturt Street shopping precinct, Ballarat Golf Course, Stockland Wendouree Shopping Centre and fantastic schools. This home will surely impress, so call today to book you private inspection.
Listing description written by Mark Nunn, Buxton Ballarat — reproduced as published, not verified by Districts.