Miners Rest at a glance
3,862
People
$695,000
Median sale
$360/wk
Median rent
2.69%
Suburb gross yield
Median sale from 44 recorded sales (last 12 months) — a Districts calculation.
VIC › Miners Rest › Selwyn St
$695,000
Last sold
2 Nov 2023
4
Bedrooms
2
Bathrooms
2
Car spaces
728 m²
Land
Districts View
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
$695,000
2 Nov 2023 · derived via latest_sale
Local land rate: recorded House sales in Miners Rest (last 5 years) with land size have a median of $953/m² of land (n=94). Districts calculation from recorded sales — not a valuation.
Miners Rest at a glance
3,862
People
$695,000
Median sale
$360/wk
Median rent
2.69%
Suburb gross yield
Median sale from 44 recorded sales (last 12 months) — a Districts calculation.
Vs Miners Rest
0.0%
Median sale
Suburb $695,000
0.00 pp
Gross yield
Suburb 2.69%
Suburb median $695,000 from 44 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
GENERAL RESIDENTIAL ZONE - SCHEDULE 1
GRZ1
Jurisdiction
Ballarat
Ballarat, 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 721 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. Official parcel about 721 m² — land size can look like optionality. What reduces it: DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 18. This overlay can reduce what the land size appears to promise. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $360/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 721 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?
KnownlowOfficial parcel about 721 m² — land size can look like optionality. What reduces it: DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 18. This overlay can reduce what the land size appears to promise.
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
Miners Rest at a glance
3,862
People
$695,000
Median sale
$360/wk
Median rent
2.69%
Suburb gross yield
Median sale from 44 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Buxton BallaratThis spacious and inviting family home offers the perfect blend of comfort, convenience, and style. Located in the charming Miners Rest area, this property enjoys a peaceful suburban setting while remaining close to all the amenities you could ever need.
Situated just a stone's throw away from parks, schools, and local shops, this residence is ideal for families seeking both tranquillity and accessibility. The property boasts excellent car and side access, making it perfect for those with larger vehicles or a need for additional storage.
Upon entering, you'll be greeted by the warmth of gas central heating and a cosy wood combustion fire, ensuring comfort throughout the seasons. Additionally, two reverse cycle split systems offer versatile climate control options. The spacious living areas provide ample room for relaxation and entertainment for the whole family.
The heart of this home is its open-plan kitchen, meals, and living area. The kitchen features polished timber floors, a huge walk-in pantry, and a design that encourages socializing while preparing meals. The cathedral ceilings, timber-lined and pitched, add a unique touch to the space, creating an inviting atmosphere for family gatherings and celebrations.
This property offers four generously sized bedrooms, with the option of converting the study into a fifth bedroom. The master bedroom features an ensuite complete with a bath, shower, toilet and vanity, providing a private retreat. The main bathroom is well-appointed featuring a bath, shower, vanity and separate vanity and toilet and conveniently located for easy access for all family members.
Step outside, and you'll find a large alfresco area that can be fully enclosed, providing a versatile space for outdoor dining and relaxation year-round. Infinity gas hot water ensures you'll never run out of hot water, and a water tank is on hand to help keep your garden lush and green. The large double garage with additional height in the roller doors is perfect for those with caravans, trailers etc, and the fully concreted side access with additional gates makes life even more convenient.
To complete the picture, a decked, undercover wrap-around veranda invites you to enjoy the serene surroundings of Miners Rest. Don't miss the opportunity to make this fantastic property your family's forever home. Contact us today to schedule a viewing and experience the charm of 1 Selwyn Street for yourself!
Listing description written by Peter Burley, Buxton Ballarat — reproduced as published, not verified by Districts.