Wendouree at a glance
10,174
People
$575,000
Median sale
$393/wk
Median rent
3.55%
Suburb gross yield
Median sale from 19 recorded sales (last 12 months) — a Districts calculation.
$440,000
Last sold
10 June 2024
3
Bedrooms
1
Bathrooms
2
Car spaces
622 m²
Land
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
$440,000
10 June 2024 · derived via latest_sale
Local land rate: recorded House sales in Wendouree (last 5 years) with land size have a median of $748/m² of land (n=129). Districts calculation from recorded sales — not a valuation.
Wendouree at a glance
10,174
People
$575,000
Median sale
$393/wk
Median rent
3.55%
Suburb gross yield
Median sale from 19 recorded sales (last 12 months) — a Districts calculation.
Vs Wendouree
-23.5%
Median sale
Suburb $575,000
+1.09 pp
Gross yield
Suburb 3.55%
Suburb median $575,000 from 19 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
VICPlanning 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.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $393/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.
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
Wendouree at a glance
10,174
People
$575,000
Median sale
$393/wk
Median rent
3.55%
Suburb gross yield
Median sale from 19 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Buxton BallaratDiscover the untapped potential of this well-loved family home – a residence brimming with possibilities for your ideal lifestyle. With its charming 3-bedroom weatherboard structure, this home offers a canvas for your creativity and personal touches. The formal large living area, open kitchen, and versatile dining area with a separate meals/study space provide a flexible layout to suit your family's unique needs. The 622m2 block, double-length carport, and additional studio space and workshop with storage open the door to a myriad of opportunities for expansion, hobbies, or the creation of your dream home.
Step inside to a world of features that seamlessly blend classic charm with modern comfort. The recently painted inside and out, fresh look facade enhances the curb appeal, setting the stage for a welcoming atmosphere. The well-maintained gardens add a touch of nature, creating a serene backdrop. Practical elements such as the double-length carport ensure ample parking space, while the dedicated studio space and workshop with storage offer space for creativity and organization. The home also offers 15 quality solar panels to ease the cost of living making this home a perfect combination of aesthetic appeal and functionality.
Situated in a prime location, this home provides unmatched convenience. Within walking distance, explore the beauty of Lake Wendouree or enjoy events at Mars Stadium. Educational institutions like Ballarat Grammar are nearby, ensuring quality education for your family. The Howitt Street shopping strip caters to your daily needs, and with Wendouree train station and Stockland Wendouree Shopping Centre in close proximity, commuting and shopping become effortlessly convenient. Make 10 Iris Avenue your haven, where potential, features, and location harmoniously come together to create the perfect home for you.
Listing description written by Paul McGourlay, Buxton Ballarat — reproduced as published, not verified by Districts.
Victoria 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?
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
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.