Lucas at a glance
4,661
People
$646,000
Median sale
$512/wk
Median rent
4.12%
Suburb gross yield
Median sale from 111 recorded sales (last 12 months) — a Districts calculation.
VIC › Lucas › Westcott Dr
$870,000–$890,000
For sale
Asking range
$275,000
Last sold
14 Aug 2025
0
Bedrooms
0
Bathrooms
2
Car spaces
448 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
$870,000–$890,000
Asking range · $1,942/m² of land
Last recorded sale $275,000 (14 Aug 2025).
Local land rate: recorded Land sales in Lucas (last 5 years) with land size have a median of $569/m² of land (n=30). Districts calculation from recorded sales — not a valuation.
Lucas at a glance
4,661
People
$646,000
Median sale
$512/wk
Median rent
4.12%
Suburb gross yield
Median sale from 111 recorded sales (last 12 months) — a Districts calculation.
Vs Lucas
+34.7%
Median sale
Suburb $646,000
-1.06 pp
Gross yield
Suburb 4.12%
Suburb median $646,000 from 111 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.
$53,110 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 Lucas'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 $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. 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 3.1%. 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
Lucas at a glance
4,661
People
$646,000
Median sale
$512/wk
Median rent
4.12%
Suburb gross yield
Median sale from 111 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Goldfish Real EstateGoldfish Real Estate Presents | Display Home by Shere Homes
Experience the pinnacle of modern living in this custom residence, situated in Ballarat's biggest Lucas Display Village. Featuring premium upgrades, high-end finishes, and thoughtful architectural detail, this home represents the very best of contemporary design. For the discerning investor, this exceptional property presents more than a home — it's an opportunity secured by a coveted 7% leaseback arrangement, offering both prestige and outstanding returns from day one.
From the street, this home commands attention. A masterful blend of warm rich timber cladding, crisp white render and selected face brickwork creates a timeless yet thoroughly modern façade. Architectural vertical blade lighting frames the entrance dramatically, while the oversized floor-to-ceiling glazing floods the formal lounge with natural light and creates a stunning visual connection between inside and out — an absolute showpiece on the street.
Inside, herringbone hybrid flooring flows throughout, beautifully complementing the warm timber joinery, white walls and bold black accents. Stunning raked ceilings soar above the living zones, while statement ring chandeliers and designer lighting create an atmosphere that is both luxurious and deeply liveable.
The double kitchen is the heart of this home. The showpiece main kitchen features a sweeping island bench and full-height backsplash in breathtaking Taj Mahal Quartzite, 900mm premium appliances, warm timber cabinetry and matte black tapware and fixtures throughout. The fully equipped butler's pantry — complete with its own cooktop, sink and skylight — ensures the main kitchen remains pristine when entertaining.
The spacious bedrooms are generously proportioned retreats finished to the highest standard. The master suite boasts a luxurious walk-in wardrobe with custom full-height timber joinery, while the double ensuite impresses with dramatic floor-to-ceiling golden herringbone feature tiles, large format grey marble-look tiles, frameless glass shower, freestanding bath and matte black fixtures throughout. The second bathroom carries the same premium finishes, ensuring every member of the household enjoys a five-star experience.
Step outside through the stacking sliding doors to a generous alfresco pergola overlooking a lush, landscaped backyard — the perfect space to entertain year-round.
Positioned on Westcott Drive in regional Victoria's largest display village, this address places you at the very heart of Ballarat's premier lifestyle precinct. Coltman Plaza — with Woolworths, Lucas Town Cafe, and a flourishing dining scene — sits just moments away, while Lucas Primary and Siena Catholic Primary make this an idyllic setting for family life. Dawn Park and Grange Park offer verdant open space on your doorstep, linked by a network of walking and cycling trails through Lucas's green spine. Just 7km from Ballarat's CBD, with effortless access to the Midland and Western Highways connecting you to Melbourne and beyond — this is master-planned living.
Opportunities to secure a custom-built home of this calibre, in this location, are rare and won't last long. To make this your home, contact Mayan at 0466 889 305 or Sourav at 0491 756 606.
DISCLAIMER: All stated dimensions are approximate. Information is provided for general purposes only and does not constitute representation or liability on the part of the agent or vendor. Purchasers must conduct their own due diligence.
Listing description written by Subhash Godara, Goldfish Real Estate — reproduced as published, not verified by Districts.