Millgrove at a glance
1,658
People
$626,750
Median sale
$496/wk
Median rent
4.12%
Suburb gross yield
Median sale from 32 recorded sales (last 12 months) — a Districts calculation.
3
Bedrooms
1
Bathrooms
1
Car spaces
883 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Millgrove (last 5 years) with land size have a median of $809/m² of land (n=105). Districts calculation from recorded sales — not a valuation.
Millgrove at a glance
1,658
People
$626,750
Median sale
$496/wk
Median rent
4.12%
Suburb gross yield
Median sale from 32 recorded sales (last 12 months) — a Districts calculation.
Planning
Planning scheme
ZN
Zone
NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 5
NRZ5
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 1 Sept 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 NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 5 · NRZ5 (ZN). Official parcel area about 915 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 915 m² — land size can look like optionality. What reduces it: BUSHFIRE MANAGEMENT OVERLAY; EROSION MANAGEMENT OVERLAY; EROSION MANAGEMENT OVERLAY - SCHEDULE 3. 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 $496/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 NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 5 · NRZ5 (ZN). Official parcel area about 915 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 915 m² — land size can look like optionality. What reduces it: BUSHFIRE MANAGEMENT OVERLAY; EROSION MANAGEMENT OVERLAY; EROSION MANAGEMENT OVERLAY - SCHEDULE 3. 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.
Area
Millgrove at a glance
1,658
People
$626,750
Median sale
$496/wk
Median rent
4.12%
Suburb gross yield
Median sale from 32 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Integrity Real Estate Yarra ValleyEscape the hustle and bustle of everyday life and immerse yourself in tranquillity at 10 Pamela Court. Just minutes away from your doorstep, the picturesque Yarra River beckons for leisurely strolls, a quick dip on a hot summer day while offering a serene escape amidst nature's beauty.
As the sun rises, be greeted by the breathtaking views of majestic mountains embracing your home, creating a stunning backdrop that changes with the light of each day. Feel truly at one with nature in this "tree house" perched high on a large 833sqm block, providing a unique living experience surrounded by the wonders of the natural world.
Step inside this charming yet cosy home, where comfort meets practicality. With 3 bedrooms and 1 bathroom, this compact yet comfortable abode is perfect for those seeking a peaceful retreat. it does need some modernisation as the original kitchen and bathroom are still in place and very operational and the walls need a freshen up paint. This all gives the new owner a chance to put their own mark on the property in a timeframe that works for them. Experience the unique charm of a split-level design, boasting cathedral ceilings that add character and spaciousness to your living areas. During the cooler months, stay warm and snug with a wood heater, creating the perfect ambiance for relaxation and unwinding after a day spent in nature's embrace.
Take time to wander and look over your own private oasis as you explore the secret garden nooks and pathways lined with stone walls, creating a tranquil retreat right in your backyard. Positioned on the high side of the road, this block maximizes the stunning vista, allowing you to soak in the beauty of your surroundings from every angle.
Whether you're looking for a weekend getaway or your first home, this property offers the perfect blend of comfort, convenience, and affordability.
Don't miss out on the opportunity to transform this property into your own personal sanctuary. Contact us today to schedule a viewing and experience the magic of this special property.
Listing description written by Jane Nunn, Integrity Real Estate Yarra Valley — reproduced as published, not verified by Districts.