The Oaks at a glance
2,914
People
$1,357,500
Median sale
$592/wk
Median rent
2.27%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
NSW › The Oaks › Devitt Cres
$630,000
Last sold
26 Feb 2019
3
Bedrooms
2
Bathrooms
5
Car spaces
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
Last sold
$630,000
26 Feb 2019 · derived via latest_sale
The Oaks at a glance
2,914
People
$1,357,500
Median sale
$592/wk
Median rent
2.27%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
Vs The Oaks
-53.6%
Median sale
Suburb $1,357,500
+2.62 pp
Gross yield
Suburb 2.27%
Suburb median $1,357,500 from 20 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
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
NSWPlanning 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.” NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Rental
No advertised rent is recorded. Suburb median rent $592/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. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet. 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.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
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
UnknownArea
The Oaks at a glance
2,914
People
$1,357,500
Median sale
$592/wk
Median rent
2.27%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by McLaren Real EstateLocated on a huge 1,112 square metre parcel of land in the historic suburb of The Oaks is this quaint three bedroom, two-bathroom, single attached garage home with an enormous outdoor entertaining space and additional 4 car/oversized shed. The enormous backyard will appeal to a wide range of families, such as those who are downsizing from acreage but do not want to feel as though they are trapped in suburban streets to tradies who require space to store vehicles and their tools.
Upon entering the home, you are greeted by a living room this part of the home is extremely versatile and can be used to suit your own individual needs. This room boasts venetian blinds, downlights, a Samsung split-system air-conditioning unit and all the relevant connections for a Foxtel set top box.
The main bedroom is also located at the front of the home, overlooking the established gardens in the front yard. Other features of the room include the ceiling fan, downlights, venetian blinds and a large built in wardrobe with space for both hanging and open shelving. The wardrobe also features a built in safe, something which is not often seen in most homes but a welcomed inclusion to keep your personal belongings secure. The renovated ensuite boasts all that you would expect including a shower with feature tiles, single vanity and a toilet.
The remaining two bedrooms boast built in wardrobes with oversized mirror, ceiling fan to keep you cool during those warm summer nights, large window and carpet. The renovated main bathroom is a demonstration of the thought which has gone into the design of this home which is divided into three different sections, each can be used independently of the others. A nice addition is the additional storage which is also present in the bathroom.
The kitchen, dining and family rooms have a very airy feel about them, largely due to the amount of natural light which is able to fill the room. The kitchen features a large laminate benchtop, abundant amounts of storage space, 600mm Simpson oven, 5 burner gas cooktop, tiled splashback and double sink. From the kitchen there are views of the outdoor alfresco, ideal for when entertaining.
The adjacent dining and living room are very open, further emphasising the light and airy aura surrounding the home. The downlights and ceiling fan are inclusions which you will be sure to appreciate once you move into such a home.
The alfresco is extremely large, perfect for entertaining a big group of family and friends, no matter the occasion. The entire space is covered with a semi-translucent roof which allows sunlight to filter through the roof. Other features of this space is the stencilled concrete floor and direct access to the backyard.
The left side of the home has great access to the rear of the property which has a four car garage perfect for storing, cars, boats or any other vehicles, whilst the fact that it is insulated and plumbed makes it the perfect spot for a man cave. The backyard is extremely large and has established gardens throughout, perfect for anyone who enjoys spending time in the yard.
Other features include:
Land size 1,112 square metres
Rates - $525 (approx.) per quarter
Single attached garage plus additional 4 car garage
Ceiling fans throughout
Massive tiered backyard
Split system air-conditioning unit in front living room
As this property is currently vacant we would be happy to offer anyone their own private inspection.
Listing description written by Lincon McLaren, McLaren Real Estate — reproduced as published, not verified by Districts.
NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
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
UnknownNSW Valuer General land values are not loaded for this property yet.
Net yield / holding costs
UnknownNSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.