Essendon at a glance
22,505
People
$1,560,000
Median sale
$531/wk
Median rent
1.77%
Suburb gross yield
Median sale from 21 recorded sales (last 12 months) — a Districts calculation.
VIC › Essendon › Hedderwick St
$2,560,000
Last sold
19 Nov 2022
4
Bedrooms
3
Bathrooms
3
Car spaces
955 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
$2,560,000
19 Nov 2022 · derived via latest_sale
Local land rate: recorded House sales in Essendon (last 5 years) with land size have a median of $3,359/m² of land (n=21). Districts calculation from recorded sales — not a valuation.
Essendon at a glance
22,505
People
$1,560,000
Median sale
$531/wk
Median rent
1.77%
Suburb gross yield
Median sale from 21 recorded sales (last 12 months) — a Districts calculation.
Vs Essendon
+64.1%
Median sale
Suburb $1,560,000
-0.69 pp
Gross yield
Suburb 1.77%
Suburb median $1,560,000 from 21 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 $531/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
Essendon at a glance
22,505
People
$1,560,000
Median sale
$531/wk
Median rent
1.77%
Suburb gross yield
Median sale from 21 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by McDonald UptonFor enduring appeal and sheer practicality, you would be hard pressed to look beyond the classic architectural layout of this 70’s built luxury family home. Occupying a massive 955sqm (approx.) block, the vast single-level property offers a host of lifestyle comforts in an area rich with amenity.
Artfully combining form and function, the floor plan provides superb formal and informal living zones, each spacious room designed to maximise natural light. The property begins with a welcoming tiled marble entry - to the immediate left, an impressive study containing office shelving and cabinetry, ideal for work from home situations away from household clamour.
A separate formal lounge and dining, precedes the generous open meals and kitchen featuring stone island, a wealth of storage, and quality appliances, including integrated dishwasher, induction cooktop and double wall oven. A well designed laundry, further family room, and adjoining rumpus provide plenty of scope to personalise your family living.
Each expansive bedroom boasts its own en-suite bathroom (two with shower / one with shower & bath) and BIR’s, with the elegant master located at the front of the home and two double bedrooms at the rear.
• Fabulously designed home on 955sqm (approx.)
• Single level with spacious, light-filled rooms
• Lounge, dining, living and rumpus
• 3 large bedrooms with en-suites plus optional 4th bed/study
• Close to transport, shops, cafes, schools & parks
A beautifully hedged front garden, private, manicured back yard with established trees, leafy central courtyard and two covered patio areas provide terrific outdoor entertainment options. Additional highlights include, refrigerated zoned cooling and hydronic floor heating, fireplace, powder room, double garage with additional driveway parking, external storage rooms, water tank and automated watering system.
As highly liveable as the property currently is, the original aesthetic may benefit from a contemporary overhaul, with the adaptable existing floor plan providing enormous potential to do so. Refurbish, rebuild (STCA) in an area renowned for exceptional public and private schools, gorgeous parks, a plethora of local shopping, cafes and restaurants, easily accessible public transport and Citylink.
Listing description written by Rhys Afford, McDonald Upton — 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.