Elliminyt at a glance
3,163
People
$660,000
Median sale
$416/wk
Median rent
3.28%
Suburb gross yield
Median sale from 34 recorded sales (last 12 months) — a Districts calculation.
VIC › Elliminyt › Ricstan Ct
3
Bedrooms
2
Bathrooms
2
Car spaces
930 m²
Land
Districts View
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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Elliminyt (last 5 years) with land size have a median of $659/m² of land (n=91). Districts calculation from recorded sales — not a valuation.
Elliminyt at a glance
3,163
People
$660,000
Median sale
$416/wk
Median rent
3.28%
Suburb gross yield
Median sale from 34 recorded sales (last 12 months) — a Districts calculation.
Planning
Planning scheme
ZN
Zone
GENERAL RESIDENTIAL ZONE - SCHEDULE 1
GRZ1
Jurisdiction
Colac Otway
Colac Otway, VIC
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
VICZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 931 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $416/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.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. 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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 931 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
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?
KnownmediumOfficial parcel about 931 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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
Elliminyt at a glance
3,163
People
$660,000
Median sale
$416/wk
Median rent
3.28%
Suburb gross yield
Median sale from 34 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White ColacPerfectly positioned in a peaceful location, this delightful brick residence offers immense street appeal plus modern comfort and practicality. Presenting a great opportunity for those who are looking to secure a versatile property that is move-in ready just moments away from local schools and the Colac CBD.
Upon entry, consisting of three spacious bedrooms all with built-in robes with the master having its own ensuite and walk in robe. The main bathroom is centrally positioned nearby the remaining two bedrooms for convenience meaning accommodation won't be an issue. Designed for relaxed living and entertaining, the spacious north-facing open plan living, kitchen, and dining area is bathed in natural light. A cosy wood fire adds warmth and character, complemented by gas ducted heating and split system heating & cooling for year-round comfort. The bright, airy kitchen is a true hub of the home, featuring a large island bench. The abundance of cupboard space offers ample storage, with the adjoining laundry has direct outdoor access for added convenience. Hard-wearing hybrid flooring flows through the hallway and living areas while the integrated double garage provides convenient storage for vehicles and tools.
Step outside, the home is set amidst an easy to care yard or blank canvas to personalise your own dream garden, completed with flat lawn areas ideal for children or pets. The very handy side gate allows for easy vehicle access to enter the backyard and shed, providing the best place to store a caravan or trailer. The shed with an extra tall roller door and built-in wood fire heater is a great space for storage, a workshop or just entertaining friends and family.
Located within close proximity of local schools, the Colac CBD, supermarkets, sporting clubs and just across the road from the new Elliminyt Wetlands project, this property is a seriously impressive opportunity to grow a family, downsize or as a sound investment property.
Whether you're looking for a new lifestyle or a great investment, this property offers incredible flexibility in a highly regarded location. Don't miss the chance to own 1 Ricstan Court, contact us today to book an inspection before it's too late!
Listing description written by Rhyley Edge, Ray White Colac — reproduced as published, not verified by Districts.