Pitt Town at a glance
4,058
People
$1,800,000
Median sale
$926/wk
Median rent
2.68%
Suburb gross yield
Median sale from 37 recorded sales (last 12 months) — a Districts calculation.
$1,500,000
Last sold
11 Dec 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
561 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
$1,500,000
11 Dec 2024 · derived via latest_sale
Local land rate: recorded House sales in Pitt Town (last 5 years) with land size have a median of $2,017/m² of land (n=101). Districts calculation from recorded sales — not a valuation.
Pitt Town at a glance
4,058
People
$1,800,000
Median sale
$926/wk
Median rent
2.68%
Suburb gross yield
Median sale from 37 recorded sales (last 12 months) — a Districts calculation.
Vs Pitt Town
-16.7%
Median sale
Suburb $1,800,000
+0.53 pp
Gross yield
Suburb 2.68%
Suburb median $1,800,000 from 37 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
NSWPlanning 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.” NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Rental
No advertised rent is recorded. Suburb median rent $926/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. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet. 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. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
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
UnknownNSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
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
UnknownNSW Valuer General land values are not loaded for this property yet.
Net yield / holding costs
UnknownNSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Area
Pitt Town at a glance
4,058
People
$1,800,000
Median sale
$926/wk
Median rent
2.68%
Suburb gross yield
Median sale from 37 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by The Home Bureau Property AgentsThe Light Fantastic - Family Home with Side Access
This elegant family home has style and space in abundance. There are a range of expansive living areas including the beautiful north facing family, dining and living rooms which all feature a stunning wall of glass doors opening the interior up to the huge multi-zoned alfresco and creating a zen-like calm. Those seeking private space can retreat to the large media room.
The luxe, light kitchen features gas cooking, a 900mm oven and walk-in-pantry. The huge central stone-topped island is a showpiece for entertaining.
A hallmark of this classic mid-century inspired design is the emphasis on space and light and the bedrooms are all true to form. The master suite is oversized and privately ensconced at the front of the home. Bedrooms two, three & four cater to younger family members with customised study nooks.
There's a large double garage as well as an immense amount of hard-stand driveway space ideal for parking additional vehicles. Side access could easily accommodate a trailer too.
The gardens are all fully landscaped for easy care living. Ideally located on a quiet street and a short walk from local schools, shops and cafes, this is a location perfect property. This designer residence is a conveniently short drive to Mulgrave station and Box Hill Town Centre (approx. 9 minutes) as well as world class schools Santa Sophia and Arndell College.
FEATURES
THE RESIDENCE
-Stylish entry foyer
-Four spacious bedrooms all with built in robes
-Custom built study nooks to bedrooms 2, 3 and 4
-Elegant master-suite with large walk-in-robe and deluxe ensuite
-Ensuite with twin basins, stone topped vanities, shower & quality chrome tapware
-Large media room
-Light filled living room
-Enormous informal dining
-Impressive glass-walled informal living zones
-Family room leading out to private deck and gazebo
-Sleek & contemporary kitchen with stone benchtops and walk-in-pantry
-Kitchen features gas cooking, 900mm oven and extensive cabinetry
-Main bathroom with stone topped vanity, inset bath and imported tiles
-Separate toilet
-light filled laundry with storage
-Extra height ceilings
-Stylish easy care tiles to informal zones
-Plush carpets to bedrooms
-Downlights
-Designer feature lights
-Ducted air-conditioning
THE GROUNDS
-Double garage with remote entry
-Oversized double driveway
-Fully landscaped backyard
-Multi-zoned covered alfresco
-Sun-deck
-Gazebo
-Quiet location
-Short walk to local schools, shops and cafes in Pitt Town
*Disclaimer: All information contained herein is gathered from sources we believe to be reliable, however, we cannot guarantee its accuracy. We do not accept any responsibility for its accuracy and do no more than pass it on. Any interested persons should rely on their own enquiries.
Listing description written by Rebecca Baldwin, The Home Bureau Property Agents — reproduced as published, not verified by Districts.