Mount Pleasant at a glance
2,198
People
$554,750
Median sale
$382/wk
Median rent
3.58%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
VIC › Mount Pleasant › Morton St
$526,000
Last sold
22 Aug 2024
2
Bedrooms
2
Bathrooms
4
Car spaces
687 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
$526,000
22 Aug 2024 · derived via latest_sale
Local land rate: recorded House sales in Mount Pleasant (last 5 years) with land size have a median of $768/m² of land (n=72). Districts calculation from recorded sales — not a valuation.
Mount Pleasant at a glance
2,198
People
$554,750
Median sale
$382/wk
Median rent
3.58%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
Vs Mount Pleasant
-5.2%
Median sale
Suburb $554,750
+0.20 pp
Gross yield
Suburb 3.58%
Suburb median $554,750 from 24 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 $382/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
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?
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.
Area
Mount Pleasant at a glance
2,198
People
$554,750
Median sale
$382/wk
Median rent
3.58%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by McGrath BallaratA charming 1930s weatherboard period home with a delightful interior and an outdoor space perfect for entertaining all year round.
• A lovely two-bedroom home located directly opposite Mount Pleasant Recreation Reserve.
• Featuring master bedroom with an ensuite with shower, toilet, and streamlined vanity. The second bedroom has a built-in desk and bookcase that can be used as a second bedroom and or study.
• The home also showcases fantastic period flow throughout including high ceilings, cornice and ceiling detail, picture rails, original doors, pendant lighting, timber floor and wine cellar.
• The home also offers a modern main bathroom with bath, shower, vanity, and separate toilet.
• This home is kept comfortable all year round with gas ducted heating throughout and split system in the dining room and master bedroom.
• The open plan kitchen/meals/living is light filled and the kitchen features a stainless-steel oven / gas cooktop, built in pantry as well as plenty of bench and cupboard space.
• Outside you are greeted with a undercover outdoor kitchen with outdoor sink, running water, power, and its own storage space.
• The star of the show is the huge 7m x 6.5m garage with 15amp power on its own switchboard. The garage features a wood fire, TV antenna and concrete floor.
• Further into the garden and designed to make the most of the northerly aspect, you will find the in-ground irrigation system and an elevated timber deck, an ideal spot to enjoy your glass of wine as the sun sets.
• With an estimated rental return of $390 - $410 per week this would make for a wonderful investment to set and forget.
• We are only a short three minute drive to the Ballarat CBD, top quality primary and secondary schooling, the location here is very convenient.
• Be quick to inspect, contact Tony to arrange your very own private inspection.
Listing description written by Tony Zelencich, McGrath Ballarat — reproduced as published, not verified by Districts.