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.
VIC › Cardigan › Launchley Dr
5
Bedrooms
2
Bathrooms
8
Car spaces
3,966 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
No recorded sale price for this property yet.
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.
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
UnknownArea
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 Ray White BallaratSet on a generous 1 acre (approx.) flat allotment, this impressive family home with almost 70 squares of under roof living must be seen to be fully appreciated. Situated in the ever-popular Cardigan ensuring you are just minutes to the Lucas Town Centre, an array of quality pimary schools, Ballarat High School, Wendouree Train Station, Freeway access, sporting facilities including the Ballarat Golf Club, and just 15 minutes from the Ballarat CBD!
This spacious home offers room for the entire family! Comprising master bedroom with walk in robe and ensuite, an additional three bedrooms of excellent size all with BIRs, as well as a generous fifth bedroom with BIRs, offering flexibility with the floor plan as this could easily double as a rumpus room, offering you a potential 3rd living zone for the home. The spacious entry foyer leads through to the open plan kitchen, living and dining zones and really has been created with family and entertaining in mind. The kitchen features two brand new ovens, new dishwasher, gas cooktop, double sink, pantry and an abundance of storage throughout. Completing the home is a central bathroom, separate toilet and laundry with direct internal access from the oversized double garage.
To ensure year-round comfort, the home includes gas-ducted central heating throughout, ducted evaporative cooling and a split system.
Additional features of the home include new window furnishings, new carpets and a fresh coat of paint throughout.
Externally the property will further impress offering an undercover entertaining area spanning a massive 100m2 including a 6-seater Saphire spa, fernery, bbq area and dining areas, all overlooking the expansive rear yard. As this is a corner block, you have side access to the extensive shedding, which includes heightened doors and concrete flooring throughout, offering ample room for the caravan and any other toys you might have.
There is a 12mx6m shed with room enough for two vehicles and has custom built-in heavy-duty shelving for storage. A further 19.4 x 5.9m shed offering two access points from the rear and the side allowing for a potential further three vehicles. The final component of the shedding is the 10.4 x 7.3m fully lined rumpus with walk-in storage room, power, split system for heating and cooling, polished concrete flooring and with an abundance of natural light. For ease of access, you have a drive through driveway offering incredible connectivity to access all areas of the property. Additional features include a purpose built dog run with shelter, built-in playground, easy to maintain immaculate gardens and landscaping, a rustic cypress wraparound fence, a wraparound verandah and so much more!
Whether you are looking to upsize your land and/or home, downsize off acreage, find a home business space, or simply have hobbies and interests that require a lot of shedding and space, then this property is a must to inspect.
Don't miss this incredible opportunity to call this highly desirous property home! Contact the exclusive listing agent Jo Thornton 0409 356 478 today.
Listing description written by Jo Thornton, Ray White Ballarat — 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.