Thornhill Park at a glance
6,679
People
$580,000
Median sale
$531/wk
Median rent
4.76%
Suburb gross yield
Median sale from 212 recorded sales (last 12 months) — a Districts calculation.
VIC › Thornhill Park › Royfold Rd
$250,000–$270,000
For sale
Asking range
0
Bedrooms
0
Bathrooms
0
Car spaces
238 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
$250,000–$270,000
Asking range · $1,050/m² of land
No recorded sale for this property.
Thornhill Park at a glance
6,679
People
$580,000
Median sale
$531/wk
Median rent
4.76%
Suburb gross yield
Median sale from 212 recorded sales (last 12 months) — a Districts calculation.
Vs Thornhill Park
-56.9%
Median sale
Suburb $580,000
+6.28 pp
Gross yield
Suburb 4.76%
Suburb median $580,000 from 212 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.
$14,459 on top of the price (5.8% 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 Thornhill Park'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 $531/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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 11.0%. 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
Thornhill Park at a glance
6,679
People
$580,000
Median sale
$531/wk
Median rent
4.76%
Suburb gross yield
Median sale from 212 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White RockbankRay White Rockbank/Aintree proudly presents an exceptional opportunity to secure a premium parcel of land in the thriving and highly sought-after community of Thornhill Park. Positioned in a family-friendly neighbourhood, 9 Royfold Road offers the perfect foundation to build your dream home or investment property in one of Melbourne's fastest-growing western corridors.
Key Features:
• Generous Land Size: Approximately 238 sqm, providing the ideal canvas to create a modern family residence.
• Prime Location: Nestled within a well-established and rapidly growing community surrounded by quality homes.
• Family-Friendly Environment: Enjoy a welcoming neighbourhood with parks, playgrounds, and recreational facilities nearby.
• Excellent Connectivity: Convenient access to major roads, public transport, and essential amenities.
Nearby Essentials & Connectivity:
Enjoy the convenience of having everything you need just moments from your doorstep:
• Approx. 1 km to Thornhill Park Primary School.
• Approx. 900 m to Thornhill Park Shopping Centre.
• Approx. 3-minute drive to Aspire Early Education & Kindergarten and other childcare facilities.
• Walking distance to local parks, playgrounds, and open green spaces.
• Easy access to the Western Freeway for seamless commuting to Melbourne CBD and surrounding suburbs.
• Close proximity to future infrastructure developments, including the proposed Melton Hospital precinct and expanding community facilities.
Whether you're a first-home buyer looking to create your forever home, a growing family seeking space and convenience, or an astute investor searching for long-term potential, 9 Royfold Road presents an outstanding opportunity to secure your place in the flourishing Thornhill Park community.
Don't miss this fantastic chance to bring your vision to life and invest in your future today!
Contact Reet 0420733305 or Hamilton 0426 130 112 now to avoid missing out!
Price Guide: $250,000 - $270,000 & 5% or 10% deposit balance due in 30/60 days.
DISCLAIMER: Every precaution has been taken to establish the accuracy of the above information. All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent. Some pictures are staged and represent mock furniture that is not included in the sale of the property.
Please see the below link for an up-to-date copy of the Due Diligence Checklist:
http://www.consumer.vic.gov.au/duediligencechecklist.
Listing description written by Reet Sarain, Ray White Rockbank — reproduced as published, not verified by Districts.