235 Racecourse Road
Leongatha South, 3953 VIC
House on a 1.5 ha block with 98m frontage.
Property Snapshot
House4 Bed2 Bath2 Off Street1.5 ha Land39 m² Internal98m Frontage
Investment Highlights
What makes 235 Racecourse Road compelling from a buying and value-add perspective.
Market Status
Off Market
Land Size
1.5 ha
Frontage
98m
Zoning
FZ
Farming/Forestry/Mining
Why Buyers Look At This One
Renovate upside — modest 39 m² internal area creates a clear renovation, extension or reconfiguration opportunity.
Walkable transport position — approx. 8.2km to bus, 4.1km to train station and 5.1km to schools.
Neighbourhood quality — strong owner occupier setting with low-turnover character housing nearby.
Property Snapshot
Core facts, planning controls and ownership history.
Bedrooms
4
Bathrooms
2
Parking
2 off-street
Internal Area
39 m²
Ownership & Value
Last Sold$1.12M
Sold DateMar 2025
Land Value—
RPD1\TP818193
Planning & Site
Property TypeUnknown
AccessSingle Access
Height Limit—
Max Storeys—
Wide Frontage
Pricing & Valuation
Guide, estimate and broader pricing context.
Price Estimate
—
Suburb Median
$697k
House (4 Beds)
Tenure
1 Years
Since 2025
Capital Gain
—
Since 2025
Suburb Sale Price Median - House (4 Beds)
Rental Market
Yield, rental pricing and local leasing landscape.
Suburb Median
$550 Pw
House (4 Beds)
Rental Yield
4.1%
House (4 Beds)
Vacancy Rate
1.2%
House (4 Beds)
Rentals Last 12M
0
House (4 Beds)
Suburb Rental Price Median - House (4 Beds)
Planning & Risk Overlays
Important due diligence considerations for this property.
Flood Overlay Detected
No flooding known in this area
Other Overlays
Bushfire: BPA - Bushfire Prone Area. Heritage: No heritage known in this area. Biodiversity: ESO - ENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 2.
Location & Connectivity
Access to transport, schools and local amenity around 235 Racecourse Road.
Train Station
4.1km
Bus Stop
8.2km
Schools
5.1km
Road Type
residential
Transport: Easy access to nearby train station and frequent bus routes.
Lifestyle: Walking distance to local shops, parks and nearby dining precincts.
Positioning: Quiet residential street with strong owner occupier presence and limited turnover.
Neighbourhood Profile
Proximity to amenities and local context impacting livability.
Social Housing
0.0%Train Station
4.1kmBus Stop
8.2kmCentre Zone
3.8kmRoad Type
residential (Low Noise)School Catchment
5.1kmLeongatha South Snapshot
Broader suburb metrics that support the local story.
Population
616
Owner Occupiers
82%
Social Housing
0%
Crime Index
—
Not available
High Owner Occupier AppealLow Stock on Market
Explore Leongatha South in more detail
Deep dive into growth, demand, demographics and comparable sales.
View Suburb Profile
