Lower Plenty at a glance
4,194
People
$1,390,000
Median sale
$574/wk
Median rent
2.15%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
VIC › Lower Plenty › Bonds Rd
$5,500,000
Last sold
20 Nov 2023
6
Bedrooms
7
Bathrooms
24
Car spaces
5,996 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
$5,500,000
20 Nov 2023 · derived via latest_sale
Local land rate: recorded House sales in Lower Plenty (last 5 years) with land size have a median of $1,325/m² of land (n=54). Districts calculation from recorded sales — not a valuation.
Lower Plenty at a glance
4,194
People
$1,390,000
Median sale
$574/wk
Median rent
2.15%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Vs Lower Plenty
+295.7%
Median sale
Suburb $1,390,000
-1.61 pp
Gross yield
Suburb 2.15%
Suburb median $1,390,000 from 15 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 $574/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
UnknownArea
Lower Plenty at a glance
4,194
People
$1,390,000
Median sale
$574/wk
Median rent
2.15%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Morrison Kleeman Estate Agents Eltham Greensborough DoreenA remarkable fusion of innovative design, carefully considered style, and sublime sophistication, Villa Celeste captivates with its exclusive address, spectacular private surrounds, and unparalleled luxury living experience.
Surrounded by 5996m2 of manicured gardens and rolling lawns, 140 squares (approx) of refinement and unmatched luxury, conceived and constructed without compromise, showcases a masterclass in indoor-outdoor living and seamless connectivity.
Subdued tones and unbridled touches of refinement produce a relaxing sanctuary in the hotel-inspired parental suite. Indulging occupants with a private retreat finished with a gas log fireplace, it stretches into a spacious bedroom that shares a two-way fireplace with a sumptuous ensuite. Complete with dual basins, a double spa (with monitor) and a frameless shower and complemented by a fitted dressing room, it brings a five-star experience to everyday living.
Sharing the wing with a fully fitted private home theatre ready for your own Gold Class experience, each of the four remaining bedrooms features fitted walk-in robes and the privacy of stone-finished floor-to-ceiling tiled ensuites.
A striking kitchen forms the hub of the home. Featuring a butler's kitchen with a 900 mm range and a dishwasher; stone finishes and soft close cabinetry complement premium appliances from Miele and AEG (pyrolytic oven) and a convenient Zip combination tap dispensing cold, hot and sparkling water.
An intelligently positioned waterfall stone island blends form with function, providing not just a place to gather but a clever way to define the living and dining spaces. Spacious and light-filled thanks to floor-to-ceiling glass and clerestory windows in the high ceilings, it is complemented by the theatre room, a rumpus room (featuring under-bench refrigeration, an ice machine and a glass washer) that stretches around to a gym area, with a full bathroom, sauna and spa.
Confirming resort-style living and year-round entertaining are a floodlit tennis court and a fully tiled heated pool and spa, complemented by a pavilion and poolside summer house. Seamlessly linked by walls of bi-fold glass, the open spaces of the pavilion featuring ceiling heaters, a Chazelle wood fire heater, a gas-plumbed BBQ and a wood fire pizza oven make the effortless transition to the pool house. Featuring a stone-finished kitchen (900 mm oven and dishwasher) and a powder room, they combine to ensure outdoor entertaining is a dream.
Sitting above this summer sanctuary is a self-contained apartment. Luxury finishes, fittings and fixtures feature throughout the interior, offering a spacious living area opening to a terrace overlooking the pool, a stone-finished stainless-steel equipped kitchen and a sleek contemporary bathroom serving the bedroom to create fabulous multi-generation or guest accommodation.
Offering the all-weather convenience of internal access is a 230m2 - 12 car garage with a powder room. It partners with a second free-standing garage of 155m2 (with a 32m2 mezzanine, powder room and over-height doors for the caravan, boat, and trade vehicles plus reverse cycle heating and cooling). Together, they'll satisfy collectors while still meeting the needs of a home-based business.
Comprehensive appointments include a home office, commercial quality ducted refrigerated climate control, 3-phase power, auto gates, the security of alarm, video entry and CCTV, ducted vacuum, automated irrigation system, 60,000-litre water tanks complemented by bore water, connection to the NBN, Sonos music system and a fitted laundry with adjacent utility/hobby/sewing room. The specification list will impress!
***PHOTO ID REQUIRED AT OPEN FOR INSPECTIONS***
Listing description written by Rocco Montanaro, Morrison Kleeman Estate Agents Eltham Greensborough Doreen — reproduced as published, not verified by Districts.
Victoria 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.