Ferny Creek at a glance
1,527
People
$1,160,000
Median sale
$610/wk
Median rent
2.73%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
VIC › Ferny Creek › Alpine Rd
$1,025,000
Last sold
23 Aug 2024
3
Bedrooms
2
Bathrooms
5
Car spaces
2,072.9 m²
Land
157.006 m²
Building
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
$1,025,000
23 Aug 2024 · derived via latest_sale
Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.
Local land rate: recorded House sales in Ferny Creek (last 5 years) with land size have a median of $465/m² of land (n=63). Districts calculation from recorded sales — not a valuation.
Ferny Creek at a glance
1,527
People
$1,160,000
Median sale
$610/wk
Median rent
2.73%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Vs Ferny Creek
-11.6%
Median sale
Suburb $1,160,000
+0.36 pp
Gross yield
Suburb 2.73%
Suburb median $1,160,000 from 13 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
GREEN WEDGE A ZONE - SCHEDULE 1
GWAZ1
Jurisdiction
Yarra Ranges
Yarra Ranges, 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.
The official layer maps a bushfire risk zone on this parcel, intersecting about 99.8% of it (Vicmap Planning, retrieved 31 Aug 2026). Verify the extent against the title before relying on unaffected land.
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 GREEN WEDGE A ZONE - SCHEDULE 1 · GWAZ1 (ZN). Official parcel area about 2,150 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 2,150 m² — land size can look like optionality. What reduces it: SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 1; BUSHFIRE MANAGEMENT OVERLAY; EROSION MANAGEMENT OVERLAY. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $610/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 GREEN WEDGE A ZONE - SCHEDULE 1 · GWAZ1 (ZN). Official parcel area about 2,150 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 2,150 m² — land size can look like optionality. What reduces it: SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 1; BUSHFIRE MANAGEMENT OVERLAY; EROSION MANAGEMENT OVERLAY. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.
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.
Nearby
Area
Ferny Creek at a glance
1,527
People
$1,160,000
Median sale
$610/wk
Median rent
2.73%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Bell Real Estate OlindaNestled in a tranquil and sought-after Hills location, ‘Killara’ is a charming 1950s cottage that has been expertly transformed into a stunning two-storey home. Blending modern luxury with a serene bushland setting, this home is perfect for both young and established families.
The ground floor features a captivating entrance through established magnolia trees, leading to two double bedrooms, a luxurious bathroom, and a versatile study/bedroom.
On the first floor, full-length floor-to-ceiling doors and windows showcase breathtaking views of the Dandenong Ranges National Park, Mt Dandenong, and Melbourne’s Northeast suburbs. A small balcony provides a perfect spot for enjoying refreshments on warm days and nights. The open-plan living area includes a large kitchen with quality Smeg appliances, generous worktop areas with wooden benchtops, and a separate butler’s pantry.
An architect-designed kitchen window offers a view of the rear gardens and lawns. The space also includes a dining area, lounge, and TV zone with an open Jetmaster wood heater, as well as a cozy book nook. Additionally, there is a second toilet and basin on this level, along with a compact laundry leading to an external entertainment/BBQ area, featuring a fire pit with bench seating for drinks and marshmallows on winter nights.
9 ¾ is a magical detached studio providing an enchanting space, ideal as a granny flat, teenager’s retreat, or potential B&B. It includes a functional bedroom/living area and an ensuite bathroom. Generous windows provide natural light and treetop views, complemented by its own ‘Hogwarts owl.’
The outdoor spaces feature semi-formal landscaped gardens with paths, terraced areas, and standing rocks. Winding paths lead to benches and decks offering elevated views of the bush and district. Mature tree canopies create a cool, inviting space for summer relaxation. Children will delight in the cubbies, fort, and swings scattered across the expansive 2146m² block.
At a glance:
• Originally a 1950s cottage, extensively renovated and remodelled in 2015
• Sealed driveways and front paths with a large single garage/workshop and off-street parking for 3 cars
• 5.6 kw solar panel system and large water tank with pressure pump
• Ducted gas heating, 3 phase power
• 9kW reverse cycle split system air conditioning for the first floor; 2.5kW system for the studio
• Freshly painted externally and throughout, with engineered oak floors and plush carpet in the main bedrooms
• Smeg upright 5-burner gas cooktop, large electric oven, ducted range hood, and Smeg dishwasher
‘Killara’ offers a unique blend of historical charm and modern comfort, set against the backdrop of natural beauty and tranquillity offering direct access to Dandenong Ranges walking tracks and surrounding villages.
Disclaimer: All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice.
Listing description written by Corinne Sukroo, Bell Real Estate Olinda — reproduced as published, not verified by Districts.