Wy Yung at a glance
2,244
People
$500,500
Median sale
$479/wk
Median rent
4.98%
Suburb gross yield
Median sale from 18 recorded sales (last 24 months) — a Districts calculation.
VIC › Wy Yung › Vincent Ct
$680,000
Last sold
22 Mar 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
4,182 m²
Land
Districts View
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
$680,000
22 Mar 2024 · derived via latest_sale
Local land rate: recorded House sales in Wy Yung (last 5 years) with land size have a median of $280/m² of land (n=28). Districts calculation from recorded sales — not a valuation.
Wy Yung at a glance
2,244
People
$500,500
Median sale
$479/wk
Median rent
4.98%
Suburb gross yield
Median sale from 18 recorded sales (last 24 months) — a Districts calculation.
Vs Wy Yung
+35.9%
Median sale
Suburb $500,500
-1.32 pp
Gross yield
Suburb 4.98%
Suburb median $500,500 from 18 recorded sales (last 24 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
GENERAL RESIDENTIAL ZONE - SCHEDULE 1
GRZ1
Jurisdiction
East Gippsland
East Gippsland, 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 1,235 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. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $479/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 1,235 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?
KnownmediumOfficial parcel about 1,235 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
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
Wy Yung at a glance
2,244
People
$500,500
Median sale
$479/wk
Median rent
4.98%
Suburb gross yield
Median sale from 18 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by OBrien Real Estate BairnsdaleStep inside this beautifully crafted family home, built in 2022 with quality and a spacious layout in mind and you'll quickly fall in love with the property's bustling potential. Surrounded by the rolling Wy Yung hills and quality built homes, this quiet one acre allotment in East Gippsland's relaxing countryside is only a short five minute drive from nearby Bairnsdale adding convenience to this amazing location.
The home's large, open-plan layout comfortably accommodates the whole family with its four generous bedrooms complete with walk-in wardrobes and cabinetry. The palatial master bedroom feels like its own private wing of the home, and is highlighted by its enormous wardrobe flowing directly into the stylish ensuite bathroom. The sleek, modern kitchen is a standout feature of the home and includes an impressive walk-in pantry.
Seamlessly completing the heart of the home is the generously proportioned living and dining space which has been thoughtfully positioned to capture the northern sunlight that bathes the home everyday, creating a warm and inviting atmosphere to relax or easily entertain in. A comfortable separate lounge room is included, providing an amazing opportunity for some memorable family movie nights on a Friday or the extra space needed to ensure no one misses out on their favourite show throughout the week!
Stepping outside, the world is your oyster with the remaining expanse of the property ready to become your ideal countryside haven, while a spacious double garage attached to the home provides secure parking and direct access through to inside. With so much to offer and priced to match, it's easy to recognize the potential waiting to be unlocked here with a bit of love and imagination.
Save yourself the headache of building, give Sean Sabell a call on 0437 898 426 to organise your time to view the property today!
View the Due Diligence Checklist: consumer.vic.gov.au/duediligencechecklist
Listing description written by Sean Sabell, OBrien Real Estate Bairnsdale — reproduced as published, not verified by Districts.