Mill Park at a glance
29,207
People
$762,500
Median sale
$512/wk
Median rent
3.49%
Suburb gross yield
Median sale from 10 recorded sales (last 24 months) — a Districts calculation.
VIC › Mill Park › Mill Park Dr
$831,000
Last sold
16 Nov 2019
4
Bedrooms
2
Bathrooms
2
Car spaces
678 m²
Land
Districts View
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
$831,000
16 Nov 2019 · derived via latest_sale
Local land rate: recorded House sales in Mill Park (last 5 years) with land size have a median of $1,346/m² of land (n=31). Districts calculation from recorded sales — not a valuation.
Mill Park at a glance
29,207
People
$762,500
Median sale
$512/wk
Median rent
3.49%
Suburb gross yield
Median sale from 10 recorded sales (last 24 months) — a Districts calculation.
Vs Mill Park
+9.0%
Median sale
Suburb $762,500
-0.29 pp
Gross yield
Suburb 3.49%
Suburb median $762,500 from 10 recorded sales (last 24 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
GENERAL RESIDENTIAL ZONE - SCHEDULE 5
GRZ5
Jurisdiction
Whittlesea
Whittlesea, VIC
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
VICZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 5 · GRZ5 (ZN). Official parcel area about 682 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Official parcel about 682 m² — land size can look like optionality. What reduces it: DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 3. This overlay can reduce what the land size appears to promise. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $512/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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 5 · GRZ5 (ZN). Official parcel area about 682 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
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?
KnownlowOfficial parcel about 682 m² — land size can look like optionality. What reduces it: DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 3. This overlay can reduce what the land size appears to promise.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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
Mill Park at a glance
29,207
People
$762,500
Median sale
$512/wk
Median rent
3.49%
Suburb gross yield
Median sale from 10 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by Ray White BundooraFamily Perfection in a Desired Locale
Delivering a coveted lifestyle footsteps from all amenities, this exceptional family home is the one you've been waiting all year for.
Introduced by a welcoming facade and beautiful landscaping, the well designed floorplan reveals a generous lounge, separate dining room bathed in natural light, plus a family/meals room and gourmet kitchen boasting granite benchtops and dishwasher. The master bedroom has a built in robe and ensuite, whilst the remaining three bedrooms are placed off a central hallway, alongside a modern family bathroom with claw bath. From here there's a seamless transition outdoors to an elevated deck, perfect for weekend brunches or socialising with friends, extending to a well kept backyard with a lush lawn, outdoor spa under Balinese hut and undercover BBQ area for all year round entertainment. Enhanced with ample storage, off street parking, hardwood floors, ducted heating and evaporative cooling, ducted vacuum, security cameras around the property, electric security shutters and doors, solar panels, garden shed, under house storage, and a double auto garage.
Wonderfully positioned minutes from RMIT University, Ring Road access, University Hill shops, public transport, quality schools and so much more. This home is quality throughout with no expense spared, inspection a must!
Land Size: 678sqm
Age of Property: 1983 approx
Hot Water Service: Gas
Heating: Gas ducted
Cooling: Evaporative
Chattels: All fixtures and fittings as inspected
Deposit Terms: 10%
Preferred Settlement: 60/90/120 days
Rental Appraisal: $450pw approx
Nearest Primary Schools: St. Francis of Assisi Primary, Mill Park Primary
Nearest Secondary Schools: Mill Park Secondary, Parade College
Nearest Public Transport: Tram 86 on Plenty Road, Bus Service
Listing description written by Mary Ali, Ray White Bundoora — reproduced as published, not verified by Districts.