Tecoma at a glance
2,096
People
$980,000
Median sale
$609/wk
Median rent
3.23%
Suburb gross yield
Median sale from 21 recorded sales (last 12 months) — a Districts calculation.
VIC › Tecoma › Terrys Ave
$1,220,000
Last sold
19 Mar 2024
4
Bedrooms
2
Bathrooms
3
Car spaces
978 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
$1,220,000
19 Mar 2024 · derived via latest_sale
Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.
Local land rate: recorded House sales in Tecoma (last 5 years) with land size have a median of $757/m² of land (n=91). Districts calculation from recorded sales — not a valuation.
Tecoma at a glance
2,096
People
$980,000
Median sale
$609/wk
Median rent
3.23%
Suburb gross yield
Median sale from 21 recorded sales (last 12 months) — a Districts calculation.
Vs Tecoma
+24.5%
Median sale
Suburb $980,000
-0.63 pp
Gross yield
Suburb 3.23%
Suburb median $980,000 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 $609/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
Tecoma at a glance
2,096
People
$980,000
Median sale
$609/wk
Median rent
3.23%
Suburb gross yield
Median sale from 21 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White Ferntree GullyCharacter, charm and street appeal from the outset; this stunning 4-bedroom weatherboard home promotes a life of peace and privacy whilst only being moments from shops, cafes, parklands and public transport. At only 15 years old, this stylish and smart split-level design takes full advantage of its green surroundings and blends seamlessly into its natural environment whilst still built for contemporary living.
The impressive interior comprises of high cathedral ceilings and large Dorma windows to create a sense of space and character throughout the entirety of the home; focusing on generating an abundance of natural sunlight from every corner. The formal lounge/dining is warm and welcoming as you enter and is highlighted by the cozy fireplace with electric fan.
The main living area features open plan living and is where the family will be spending quality time together. The updated kitchen comprises of Caesarstone benches and quality stainless steel appliances. Four bedrooms complete the accommodation with two bedrooms positioned downstairs sharing the family bathroom. The upstairs is divided into two clever sections, ideal for multi-generational living. One side; master with lounge sitting room, en-suite and walk-in wardrobe. The other section; a third living space and study nook with a 4th bedroom. Outside, the covered alfresco is highlighted by built-in BBQ, fireplace and seat, making any event a breeze when hosting family and friends. The lawn is both flat and spacious and is something the kids and pets will cherish for years to come.
A list of features include: gas ducted heating, split system air conditioning, hardwood timber floors, new carpet, updated stone benches in the bathrooms, 40sqm of loft/storage space, single carport, remote double car garage and an additional garage/workshop with roll-through access for a boat or caravan. Conveniently located adjacent to the Sherbrooke Parklands where you can find a number of scenic walking trails and the Sherbrooke Falls and you're only a short drive to Tecoma Shops and cafés, Tecoma Primary, Tecoma Station and the Belgrave township.
Onsite Auction - Saturday the 12th of December at 2:30pm
To view Statement of Information, use the following link:
https://drive.google.com/drive/folders/1Sk_ixb-Pfg80wFtiFJVGV_HiNUAhlAqh?usp=sharing
Listing description written by Ben Thomas, Ray White Ferntree Gully — 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.