Harkness at a glance
12,738
People
$643,500
Median sale
$442/wk
Median rent
3.57%
Suburb gross yield
Median sale from 186 recorded sales (last 12 months) — a Districts calculation.
VIC › Harkness › Lancers Dr
$610,000–$640,000
For sale
Asking range
4
Bedrooms
2
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
$610,000–$640,000
Asking range · $1,362/m² of land
No recorded sale for this property.
Harkness at a glance
12,738
People
$643,500
Median sale
$442/wk
Median rent
3.57%
Suburb gross yield
Median sale from 186 recorded sales (last 12 months) — a Districts calculation.
Vs Harkness
-5.2%
Median sale
Suburb $643,500
+0.20 pp
Gross yield
Suburb 3.57%
Suburb median $643,500 from 186 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.
$36,902 on top of the price (6.0% 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 Harkness'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 $442/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 3.8%. 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.
Nearby
Area
Harkness at a glance
12,738
People
$643,500
Median sale
$442/wk
Median rent
3.57%
Suburb gross yield
Median sale from 186 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White RockbankWhether you're a family searching for a spacious modern home an or an investor seeking a high-yield opportunity, 98 Lancers Drive, Harkness presents a unique opportunity combining comfort, versatility and strong future potential.
Positioned on a generous 448sqm allotment in one of Harkness' most desirable residential pockets, this thoughtfully designed residence offers exceptional flexibility with the potential to suit a variety of buyers. With its generous room sizes, practical floorplan and multiple living options, the property presents an outstanding opportunity for investors exploring shared accommodation or rooming house potential, while still offering the warmth, privacy and functionality expected from a quality family home.
Boasting four oversized bedrooms, two spacious bathrooms and a double remote garage, the home features a highly functional layout with expansive living zones and excellent proportions throughout. The large bedrooms, spacious bathrooms and open-plan design provide the flexibility required for high-demand rental accommodation, while owner-occupiers will appreciate the comfort, space and ease of everyday living.
The heart of the home is the impressive open-plan kitchen, meals and family area, designed for modern lifestyles and effortless entertaining. The contemporary kitchen offers quality appliances, generous bench space and ample storage, seamlessly connecting with the spacious living areas.
Adding further appeal is the central refrigerated heating and cooling system, ensuring year-round comfort throughout the home, regardless of the season.
Property Highlights
• Exceptional open plan living with generously sized bedrooms for those who appreciate space, sophistication and seamless indoor-outdoor living.
• Excellent opportunity for investors seeking high cash flow through shared housing or rooming house potential
• Spacious 4-bedroom residence
• 2 well-appointed bathrooms
• Double remote garage with internal access
• Expansive open-plan kitchen, meals and family living
• Generous bedroom sizes throughout
• Central refrigerated heating and cooling system
• Functional floorplan suitable for families, investors and multi-generational living
• Quality kitchen with ample storage and bench space
• Low-maintenance 448sqm allotment
• Located in a quiet and established residential neighbourhood
Lifestyle & Local Amenities
Enjoy the convenience of being close to everything Harkness and the surrounding Melton region have to offer.
A Comfort & Modern Living with Multiple Income Opportunities and Future Growth
With a thoughtfully designed layout offering spacious bedrooms, multiple living zones and a comfortable modern lifestyle, this home caters perfectly to families, tenants and investors alike. Positioned within Melbourne's thriving western growth corridor, the property benefits from strong rental demand and ongoing infrastructure development.
The generous proportions and flexible floorplan provide investors with the potential to explore alternative rental strategies such as shared living arrangements or rooming house accommodation, creating opportunities for enhanced rental returns compared to traditional leasing models.
At the same time, the home's quality construction, appealing residential setting and family-friendly design ensure strong appeal to conventional tenants and future owner-occupiers, supporting long-term capital growth and enduring market demand.
Education
• Arnolds Creek Primary School
• Melton Secondary College
• St Catherine of Siena Catholic Primary School
• Multiple childcare and early learning centres
• Easy access to Victoria University, Melton Campus
Healthcare
• The new Melton Hospital, currently under development, will significantly enhance healthcare services for the region and further strengthen the long-term appeal of
Melbourne's western growth corridor.
• Melton Health services and nearby medical centres
• Pharmacies and specialist healthcare providers within close proximity
Shopping & Everyday Convenience
• Woodgrove Shopping Centre
• Coburn Central Shopping Centre
• Local supermarkets including Coles, Woolworths and Aldi
• Cafés, restaurants and essential retail services nearby
Transport
• Easy access to High Street and the Western Freeway
• Melton Train Station
• Cobblebank Train Station
• Well-connected local bus services
Recreation & Lifestyle
• Numerous local parks and playgrounds
• Navan Park
• MacPherson Park Recreation Reserve
• Walking and cycling trails
• Community sporting facilities and recreation reserves
An Opportunity That Stands Apart
Properties that combine investment flexibility, generous proportions and a premium residential location are increasingly difficult to secure.
Whether you are:
• Looking for a high cash flow investment opportunity,
• Exploring shared accommodation or rooming house potential,
• Seeking a spacious family home with room to grow, or
• Wanting a property that offers flexibility for future lifestyle changes,
98 Lancers Drive, Harkness delivers exceptional versatility, strong long-term potential and a location positioned for continued growth.
A quality residence offering endless possibilities today and outstanding potential for tomorrow.
Contact Rahul on 0422 024 278 today with any questions and secure this extraordinary family home!
Disclaimer: All information contained herein is gathered from sources we believe to be reliable; however, we cannot guarantee its accuracy. Interested parties should rely on their own enquiries. Some images may be digitally staged for illustrative purposes. For a current copy of the Due Diligence Checklist, visit: consumer.vic.gov.au/duediligencechecklist.
Listing description written by Rahul Sharma, Ray White Rockbank — reproduced as published, not verified by Districts.