Lower Plenty at a glance
4,194
People
$1,390,000
Median sale
$574/wk
Median rent
2.15%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
VIC › Lower Plenty › Cleveland Ave
$3,200,000–$3,500,000
For sale
Asking range
5
Bedrooms
4
Bathrooms
6
Car spaces
14,163.997 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
Asking
$3,200,000–$3,500,000
Asking range · $226/m² of land
No recorded sale for this property.
Lower Plenty at a glance
4,194
People
$1,390,000
Median sale
$574/wk
Median rent
2.15%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Vs Lower Plenty
+130.2%
Median sale
Suburb $1,390,000
-1.22 pp
Gross yield
Suburb 2.15%
Suburb median $1,390,000 from 15 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Based on the low end of the asking range, not a contract price.
$195,314 on top of the price (6.1% extra)
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.
Based on the low end of the asking range, not a contract price.
Pre-filled with Lower Plenty's advertised median rent — not a rent for this listing.
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.
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 $574/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.
Gross yield if leased at the suburb aggregate is 0.9%. 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
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
Lower Plenty at a glance
4,194
People
$1,390,000
Median sale
$574/wk
Median rent
2.15%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Morrison Kleeman Estate Agents Eltham Greensborough DoreenSet across 1.43 Ha (approx.) in one of Lower Plenty’s most sought-after and idyllic lifestyle locations, fronting onto rolling greenery dotted with established trees and visited by wildlife and birdlife, this extraordinary estate delivers a rare combination of luxury family living, peace and privacy.
Laid out across three split levels, the light-filled interior offers generous proportions and introduces living spaces including a living-meals area anchored by an open fireplace and wrapping around a granite-finished kitchen appointed with premium Smeg appliances, a walk-in pantry and an enormous breakfast/preparation island.
A sunroom with bespoke storage solutions could easily work as a formal lounge; either way, it’s ideal for entertaining friends and family. Of the three bedrooms on this level, two are served by a Jack-and-Jill marble-finished spa bathroom, with the third featuring a full ensuite of its own.
Indulging occupants with a balcony offering a stunning view, over parkland and the city in the distance, a walk-in dressing room and a marble-detailed ensuite featuring a spa bath, dual basins and an oversized shower, the main bedroom shares the first level with a huge home office/retreat, depending on your needs.
Offering inspirational flexibility, the lower ground floor features a spacious dining room enjoying a superb rural outlook, a music room and a refined library/lounge, all serviced by a powder room.
Outdoor spaces are equally impressive. Set within paved surrounds, a sparkling pool and spa, complemented by a covered dining and cooking precinct, ensure hours of poolside enjoyment with a changing room and poolside powder room
Providing further flexibility is a spacious self-contained unit. Separate from the house and complete with a bedroom, living area, bathroom and kitchen, it would be ideal for teenage or multigenerational accommodation, or as an impressive workspace for those looking to keep their work-life and home-life separate.
Supplemented by a double carport providing sheltered entry, a generous hardstand and a four-car garage complete with remote doors, mezzanine storage, extensive shelving and workbenches with storage, there is plenty of space for cars, caravans, work vehicles, boats, trailers and horse floats.
Secure behind remote gates, the long list of desired extras includes a poolside change room with powder room, laundry with storage, wine storage, ducted refrigerated climate control, hydronic heating, an extensive solar array and a walk-in linen cupboard.
Three watered paddocks, electric fencing and a large dam will entice those looking to keep horses, ponies, cattle or other grazing animals. The dam is fully fenced for child safety
A few moments from Rosanna Golf Course and Lower Plenty Village, and only minutes from Eltham, Greensborough, Heidelberg and Westfield Doncaster and their shopping, dining, entertainment and transport options, it offers a remarkable opportunity to enjoy a prestige rural lifestyle without compromising on convenience.
***PHOTO ID REQUIRED AT OPEN FOR INSPECTIONS***
Listing description written by Craig Parker, Morrison Kleeman Estate Agents Eltham Greensborough Doreen — reproduced as published, not verified by Districts.