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VIC › Bright › Walnut Grove

10 Walnut Grove, Bright VIC 3741

For saleHouse for Sale

$1,595,000

For sale

Asking

4

Bedrooms

3

Bathrooms

4

Car spaces

2,000 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,595,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,595,000(Listing record · 21 May 2026)
  • CalculationLand 2,000 m² against a 271 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationAsk is 68% above the Bright median recorded sale ($950,000, n=5, last 24 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Bright's advertised median rent ($476/wk), implied gross yield would be 1.55% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$1,595,000

Asking · $798/m² of land

No recorded sale for this property.

Bright at a glance

2,620

People

$950,000

Median sale

$476/wk

Median rent

2.61%

Suburb gross yield

Median sale from 5 recorded sales (last 24 months) — a Districts calculation.

See the full Bright report →

Vs Bright

+67.9%

Median sale

Suburb $950,000

-1.06 pp

Gross yield

Suburb 2.61%

Suburb median $950,000 from 5 recorded sales (last 24 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,595,000
Stamp Duty (Victoria)
$87,725
Transfer/Registration Fee
$3,614
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,690,039

$95,039 on top of the price (6.0% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Bright's advertised median rent — not a rent for this listing.

Net yield
0.05%
Annual cashflow (pre-tax)
$-82,113
Interest cover (DSCR)
0.01
Annual rent
$24,752
Operating expenses
$23,925
Loan amount
$1,276,000
Annual interest
$82,940
Gross yield
1.55%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$1,595,000available21 May 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $476/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 1.6%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Bright in one glance

Bright at a glance

2,620

People

$950,000

Median sale

$476/wk

Median rent

2.61%

Suburb gross yield

Median sale from 5 recorded sales (last 24 months) — a Districts calculation.

See the full Bright report →

Keep researching

  • Why Bright? Read the area thesis →
  • What else is on the market in Bright →
  • Other records on Walnut Grove →

Listing material

Listed by Dickens Real Estate Bright

The Tree Change You Planned

Set within one of Bright's most peaceful and tightly held pockets, 10 Walnut Grove is a master built 271sqm home on a generous 2,000sqm of established gardens- with Mount Bogong framed in the window like a painting you never tire of.

What truly sets this property apart isn't just the craftmanship, the views or the quiet- it's the flexibility to accommodate family, friends and guests without sacrificing the sense of space and privacy. Independent living is already built in.

From the moment you arrive, the home's beautiful street appeal, circular driveway and manicured surrounds create an immediate sense of warmth and sophistication. Inside, 2.7m high ceilings and an abundance of natural light enhance the incredible sense of space throughout the home.

Read the full description

At its heart is the expansive open plan kitchen, living and dining zone where large windows frame the leafy outlooks and distant mountain views. The well-appointed kitchen offers generous bench space, excellent storage and seamless connection to the elevated deck - the perfect place to unwind with a morning coffee or evening wine while taking in the peaceful valley vistas.

A separate formal living and dining room provides an elegant second entertaining space complete with a stunning open fireplace for cosy winter evenings.

Downstairs the spacious master suite enjoys a private downstairs position with room for an office nook, walk-in robe and ensuite bathroom. The second bedroom with built in robes adjoins another bathroom.

The home's upstairs zone- with it's own living area, two additional bedrooms, spa bathroom and office nook create a natural second domain perfect for teenagers wanting independence, ageing parents, visiting friends, or a dedicated work from home area- all with treetop views and zero interruptions.

Comfort is assured year-round with a brand new ducted zoned reverse cycle heating and cooling system, while practical features include extensive storage throughout and the double freestanding lock-up garage comes with a fully separate multi-faced space perfect as a workshop, studio or gym.

The owners of this property are relocating so the option of furniture and furnishings can be stay as part of the sale. A truly inviting family home where every detail has been thoughtfully designed for relaxed Bright living- the answer to your tree change dreams.

Listing description written by The Sales Team, Dickens Real Estate Bright — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.