Heidelberg Heights at a glance
6,343
People
$950,000
Median sale
$488/wk
Median rent
2.67%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
VIC › Heidelberg Heights › Arnold Ave
$600,000
Last sold
24 Nov 2018
2
Bedrooms
1
Bathrooms
3
Car spaces
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
$600,000
24 Nov 2018 · derived via latest_sale
Heidelberg Heights at a glance
6,343
People
$950,000
Median sale
$488/wk
Median rent
2.67%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
Vs Heidelberg Heights
-36.8%
Median sale
Suburb $950,000
+1.56 pp
Gross yield
Suburb 2.67%
Suburb median $950,000 from 30 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
GENERAL RESIDENTIAL ZONE - SCHEDULE 1
GRZ1
Jurisdiction
Banyule
Banyule, 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 1 · GRZ1 (ZN). Official parcel area about 302 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. The listing may look cheap relative to land or the street. What reduces it: VEGETATION PROTECTION OVERLAY - SCHEDULE 5; DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $488/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 1 · GRZ1 (ZN). Official parcel area about 302 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?
KnownlowThe listing may look cheap relative to land or the street. What reduces it: VEGETATION PROTECTION OVERLAY - SCHEDULE 5; DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.
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
Heidelberg Heights at a glance
6,343
People
$950,000
Median sale
$488/wk
Median rent
2.67%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harcourts Rata & Co RentalsSettle in to relaxed, low-maintenance living and enjoy an immaculate home and an amenity rich location which meld seamlessly to provide you with the ultimate lifestyle package. With a perfect place to start as a first home buyer, home owner occupier/downsizer or investor this is a perfect opportunity to get into Heidelberg Heights booming market.
Streaming with natural light; the interior boasts a formal living room with a garden outlook, sweeping through to a dining area and bespoke kitchen equipped with ample bench and storage space. Furthermore, the home is blessed with a very sizable light-filled lounge room opening to an entertainment deck and sunny garden perfect for all year around entertainment. As well as a sizable laundry, stand-alone toilet, gas heating, cooling, two garden sheds, while a stylish central bathroom serves the generous two bedrooms with build-in-robes.
The highly sought-after Heidelberg Heights pocket offers easy access to Public Transport, Northland Shopping Centre, St Pius Primary, Latrobe University, Shelley Reserve, Lower Heidelberg Golf Course and Heidelberg precinct which offers vast array of vibrant Cafes, Restaurants, Austin and Mercy Hospitals (which are both less than 10 minutes drive) and easy access to Eastern Freeway and Northern Ring Road. This property should be on the top of your list!
Photo ID Required Upon Inspection
Please come and see me at one of our offices below to discuss your real estate needs.
952-954 High Street Reservoir
219 High Street Thomastown
767 High Street Epping
510 Plenty Road Mill Park
http://rata.harcourts.com.au/Home/statement-of-information
Due diligence checklist - for home and residential property buyers - http://www.consumer.vic.gov.au/duediligencechecklist.
This document has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information provided herein is
correct, we do not take responsibility for any inaccuracies.
Accordingly all interested parties should make their own enquiries to verify the information.
Listing description written by Patrick Salameh, Harcourts Rata & Co Rentals — reproduced as published, not verified by Districts.