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Asking Price
$1,100,000 - $1,200,000
On 5,093 properties that later sold, blending providers in narrowed typical error from 6.68% to 5.66%, and lifted the share landing within 10% of the sale price from 66.9% to 73.3%.
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Property overview
This 4-bedroom house at 223 Cuthberts Road in Lucas, VIC 3350 is listed at $1.1M to $1.2M, with 2 bathrooms and parking for 2. It offers a 635 m2 block. The median house price in Lucas is $645K. Council data shows no flood or bushfire overlay on the site. There are 18 schools within roughly 5km, and the area scores 45 for walkability and 1 for transit out of 100.
A plain-language read on this listing (Strong, Monitor or Caution) drawn from its asking price, valuation gap, yield and suburb trend.
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Based on $1,200,000 asking signal.
Signals use available listing and suburb data. They are not personal financial advice.
Listed
Updated
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Lucas at a glance
House market signals | VIC 3350
Median
$645K
Market signals
To CBD
108 km
Est. Valuation
$1,117,633
Potential Sell Price
Est. Rent/wk
$544
Potential Gross Yield
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Addresses, sold dates, days on market, sold vs asking spreads, plus the subject vs median verdict for each row.
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Key Highlights
Planning Overlays
No Overlays Detected
Subdivision & Development Potential
Indicative assessment only. Consult your local council planning department for definitive subdivision information.
From the listing description
Facts the agent has stated in the property description. Each item is attributed - click “View source” to see the original wording and verify against the listing.
Total Cost to Purchase
- Purchase Price
- $1,200,000
- Stamp Duty (Victoria)
- $66,000
- Transfer/Registration Fee
- $2,500
- Legal & Conveyancing (est.)
- $2,000
- Building & Pest Inspection (est.)
- $700
- Total Cash Required
- $1,271,200
Estimates only. Assumes investment property, standard rates. Verify with your conveyancer.
Listing Details
- Listed
- Last Updated
- Postcode
- 3350
- Original listing
- Original listing is on paid plans
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How accurate are AU property valuations?
Four providers benchmarked against 14,000 sold prices. MAE 6.82% to 11.24%, all biased high.
Where Australian property prices are rising and falling in 2026
Capital growth across 12,000+ tracked suburbs: WA +12%, VIC +3.9%, plus the picture in every other state.
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