California Gully at a glance
4,449
People
$599,000
Median sale
$444/wk
Median rent
3.85%
Suburb gross yield
Median sale from 43 recorded sales (last 12 months) — a Districts calculation.
VIC › California Gully › Melinda St
$570,000
Last sold
10 Nov 2023
4
Bedrooms
2
Bathrooms
4
Car spaces
557 m²
Land
167 m²
Building
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
$570,000
10 Nov 2023 · derived via latest_sale
Local land rate: recorded House sales in California Gully (last 5 years) with land size have a median of $809/m² of land (n=119). Districts calculation from recorded sales — not a valuation.
California Gully at a glance
4,449
People
$599,000
Median sale
$444/wk
Median rent
3.85%
Suburb gross yield
Median sale from 43 recorded sales (last 12 months) — a Districts calculation.
Vs California Gully
-4.8%
Median sale
Suburb $599,000
+0.20 pp
Gross yield
Suburb 3.85%
Suburb median $599,000 from 43 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 $444/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
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?
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.
Area
California Gully at a glance
4,449
People
$599,000
Median sale
$444/wk
Median rent
3.85%
Suburb gross yield
Median sale from 43 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Gavin Butler Real Estate- Outstanding home that has been exceptionally maintained both internally and externally - simply move in and enjoy. Everything about this lovely homes is well presented and all who inspect will be suitably impressed
- Extremely solid home offering four bedrooms, master with ensuite, large open plan kitchen/dining/family and separate lounge. A really fabulous plan.
- Spacious kitchen with all modern appliances, pantry, gas cooking and electric oven
- Fabulous yard with established garden/lawn and good secure yard for children and pets
- Ducted gas heating, ducted evaporative cooling and ceiling fans for all seasons.
- Double garage for vehicles plus additional shed/workshop for two additional cars. Access through the garage to the rear yard.
- Undercover entertainment area off the family area perfect for entertaining family and guests
- Located in a family area the home has a nice block size of 557m2 and has lovely established gardens
- Close to all amenities of Eaglehawk, schools or a short drive into the Bendigo CBD
This home has been lovingly cared for and maintained serving the one family. The home is a credit to the family to have maintained it so well. A brief drive to Bendigo or Eaglehawk without the busy highway traffic and only a few minutes drive to the new Hospital. The home will make a lovely first home for the young couple wishing to buy their first home or it is ideal for an investor as leasing it will not present any problems or require any work to be undertaken.
This information has been provided to us by third parties and we do not accept any responsibility for its accuracy. You should make your own enquiries and check the information so as to determine whether or not this information is in fact accurate. You must make your own assessment and obtain professional advice if necessary.
Property Code: 834
Listing description written by Paul Dalton, Gavin Butler Real Estate — reproduced as published, not verified by Districts.
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