Strathmore at a glance
9,529
People
$1,387,500
Median sale
$635/wk
Median rent
2.38%
Suburb gross yield
Median sale from 36 recorded sales (last 12 months) — a Districts calculation.
VIC › Strathmore › Balmanno Cres
$3,500,000–$3,700,000
For sale
Asking range
6
Bedrooms
4
Bathrooms
4
Car spaces
653 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
$3,500,000–$3,700,000
Asking range · $5,360/m² of land
No recorded sale for this property.
Strathmore at a glance
9,529
People
$1,387,500
Median sale
$635/wk
Median rent
2.38%
Suburb gross yield
Median sale from 36 recorded sales (last 12 months) — a Districts calculation.
Vs Strathmore
+152.3%
Median sale
Suburb $1,387,500
-1.44 pp
Gross yield
Suburb 2.38%
Suburb median $1,387,500 from 36 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.
$214,814 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 Strathmore'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 $635/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
Strathmore at a glance
9,529
People
$1,387,500
Median sale
$635/wk
Median rent
2.38%
Suburb gross yield
Median sale from 36 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Woodards EssendonRevealing an unwavering dedication to quality, this exceptional six bedroom plus study, four bathroom contemporary residence delivers impressive family living and outstanding entertaining in a blue ribbon location.
Commanding a strong street presence, the home is privately positioned behind electric gates and features multiple security measures for complete peace of mind.
Designed with family functionality at its heart, the expansive floorplan offers an impressive choice of living zones, including a dedicated home theatre and vast games room.
The beautifully appointed kitchen, dining and living area forms the main social hub of the home. Granite surfaces, an extensive butler's pantry and a premium selection of Miele appliances combine style with exceptional practicality.
Bifold doors create a seamless connection to the outdoor entertaining area, complete with an impeccable outdoor kitchen and pizza oven. Designed for year round enjoyment, the covered alfresco area overlooks a heated, self cleaning Bisazza tiled swimming pool surrounded by beautifully landscaped gardens.
An outdoor shower, powder room and dedicated change room further enhance this outstanding entertaining environment.
Each of the six generously proportioned bedrooms enjoys direct access to a fully tiled bathroom, while five bedrooms feature walk through robes.
Additional highlights include zoned heating and cooling, SONOS sound, plantation shutters, exceptional storage, a second powder room, rear park access and an automatic double garage.
Zoned to Strathmore Secondary College and conveniently located close to shops, public transport and freeway access, this superb residence offers an outstanding combination of luxury, space and lifestyle.
SALE PROCESS AND COMMUNICATION NOTICE
The vendor reserves the right to sell the property at any time, including prior to any advertised sale or auction date.
The vendor may also vary the method of sale or bring forward any advertised auction date.
Prospective purchasers should notify the selling agent in writing of their interest and intention to participate in the sale process. This will assist the agent in keeping them informed of any changes or important updates.
Purchasers are responsible for ensuring their contact details remain current and that they are contactable regarding the property.
The selling agent cannot guarantee that updates will be received where communication preferences have been restricted or the contact information provided is incomplete or incorrect.
Listing description written by Bruce Warburton, Woodards Essendon — reproduced as published, not verified by Districts.