Point Cook at a glance
72,239
People
$815,000
Median sale
$529/wk
Median rent
3.38%
Suburb gross yield
Median sale from 113 recorded sales (last 12 months) — a Districts calculation.
VIC › Point Cook › Festival Dr
$1,580,000–$1,680,000
For sale
Asking range
5
Bedrooms
3
Bathrooms
2
Car spaces
525 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
$1,580,000–$1,680,000
Asking range · $3,010/m² of land
No recorded sale for this property.
Point Cook at a glance
72,239
People
$815,000
Median sale
$529/wk
Median rent
3.38%
Suburb gross yield
Median sale from 113 recorded sales (last 12 months) — a Districts calculation.
Vs Point Cook
+93.9%
Median sale
Suburb $815,000
-1.64 pp
Gross yield
Suburb 3.38%
Suburb median $815,000 from 113 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.
$94,214 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 Point Cook'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 $529/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 1.7%. 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
Point Cook at a glance
72,239
People
$815,000
Median sale
$529/wk
Median rent
3.38%
Suburb gross yield
Median sale from 113 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Reliance Real Estate Point CookPerfectly positioned on a premium 525sqm corner allotment directly opposite parkland and within the highly sought-after Alamanda School Zone, this impressive five-bedroom residence delivers the space, flexibility and lifestyle that growing and multi-generational families rarely find.
Built by JG King with steel frame construction, this home combines quality craftsmanship with an exceptional floorplan featuring two master suites, multiple living zones, high ceilings and premium finishes throughout. Whether you're entertaining guests, accommodating extended family or simply looking for room to grow, every detail has been designed with modern family living in mind.
Step inside and you're welcomed by soaring ceilings, elegant feature lighting, quality European tiles and an abundance of natural light. The versatile layout offers a dedicated home theatre, formal dining room, expansive open-plan family and meals area, an upstairs retreat and a study nook, providing everyone in the family with their own space to relax, work or entertain.
At the heart of the home is a stunning chef's kitchen that is guaranteed to impress. Featuring stone benchtops, premium 2 Pac cabinetry, 900mm stainless steel appliances and an oversized butler's pantry, it offers the perfect balance of style, functionality and storage for everyday living and entertaining alike.
Designed with flexibility in mind, the home offers two generous master bedrooms. The ground floor master provides the ideal private retreat for parents, guests or extended family, while the upstairs master enjoys its own stylish ensuite, walk-in robe, additional built-in robe and a private balcony overlooking the beautiful parklands. Every remaining bedroom is fitted with its own walk-in robe, offering exceptional storage that families will truly appreciate.
Step outside to the covered alfresco where entertaining family and friends becomes effortless. The low-maintenance backyard allows you to spend more time enjoying the neighbouring parks, walking trails and family-friendly surroundings, and less time maintaining the garden.
Located just moments from Alamanda K-9 College, parks, childcare, public transport, Sanctuary Lakes Shopping Centre, cafés and easy freeway access, this is a location that continues to be one of Point Cook's most desirable places to call home.
Property Features:
- Premium 525sqm (approx.) corner allotment opposite Lincoln Heath Reserve and Leapfrog Park
- Coveted Alamanda School Zone location
- JG King steel frame construction
- Five spacious bedrooms, three bathrooms plus downstairs powder room
- Two master suites, ideal for multi-generational living
- Walk-in robes to every bedroom
- Multiple living areas including home theatre, formal dining, upstairs retreat and open-plan family living
- Designer kitchen with stone benchtops, 2 Pac cabinetry, oversized butler's pantry and 900mm stainless steel appliances
- High ceilings, European floor tiles, custom chandelier and feature pendant lighting
- Ducted heating and cooling
- Laundry chute and excellent storage throughout
- Double remote garage
- Covered alfresco with low-maintenance landscaped gardens – perfect for entertaining
- Minutes from Sanctuary Lakes Shopping Centre, public transport and freeway access to Melbourne CBD
This is more than just a home-it's one of the area's most complete family packages, offering an unbeatable combination of location, quality, space and lifestyle. Opportunities like this are incredibly rare, so don't miss your chance to secure one of Point Cook's finest family homes.
Photo ID required for all inspections.
Please see the below link for an up-to-date copy of the Due Diligence Checklist:
http://www.consumer.vic.gov.au/duediligencechecklist
DISCLAIMER: 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
*Images for illustrative purposes only*
Listing description written by Inder Vasu, Reliance Real Estate Point Cook — reproduced as published, not verified by Districts.
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