Prospect at a glance
5,196
People
$1,365,000
Median sale
$652/wk
Median rent
2.48%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
$1,417,000
Last sold
1 June 2024
4
Bedrooms
2
Bathrooms
4
Car spaces
611 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
$1,417,000
1 June 2024 · derived via latest_sale
Local land rate: recorded House sales in Prospect (last 5 years) with land size have a median of $2,027/m² of land (n=76). Districts calculation from recorded sales — not a valuation.
Prospect at a glance
5,196
People
$1,365,000
Median sale
$652/wk
Median rent
2.48%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
Vs Prospect
+3.8%
Median sale
Suburb $1,365,000
-0.09 pp
Gross yield
Suburb 2.48%
Suburb median $1,365,000 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
NSWPlanning 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.” NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Rental
No advertised rent is recorded. Suburb median rent $652/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. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet. 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. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
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
Prospect at a glance
5,196
People
$1,365,000
Median sale
$652/wk
Median rent
2.48%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harcourts UnlimitedThis contemporary designer four bedroom cement rendered family home with open plan living areas is peacefully positioned in a quiet cul-de-sac and located within walking distance to premier schools, shops, transport and in one of the districts best areas. With no expense spared the home exudes style and effortless sophistication.
• Large 611sqm bock with dual side access positioned on the high side of the street
• Spacious bedrooms with mirrored built-in wardrobes and ensuite to main
• Gourmet kitchen boasting polyurethane cabinetry, top of the range stainless steel appliances, 40mm stone benchtops, pantry and island preparation bar
• Large living areas featuring open plan design which optimises light and space
• Modern bathrooms highlighting quality fixtures and fittings and deep tub to main
• Seamless flow to the gabled entertainment area with built-in kitchenette overlooking landscaped gardens - perfect for the entertainer
• Tandem garage equipped with built-in cabinetry/workbench and work shed plus tandem carport and off street parking for an additional eight motor vehicles - ideal for the tradesman, hobbyist or sporting enthusiast with room for boat and caravan
Additional features: Reverse cycle air conditioning, plantation shutters, laundry fitted with built-in cabinetry and third toilet, tiled gorgeous timber flooring throughout the living areas, freshly painted, four step cornices, window roller shutters, restored roof, Colorbond fencing.
Disclaimer: Photos advertised on this listing may be virtually staged to represent what the home could look like, therefore when viewed in person, appearance may differ. All information contained herein is provided by third party sources. Consequently, we cannot guarantee its accuracy. Any person using this information should rely on their own inquiries and verify all relevant details for their accuracy, effect and currency.
Listing description written by Andrew Chrysanthou, Harcourts Unlimited — reproduced as published, not verified by Districts.
NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
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
UnknownNSW Valuer General land values are not loaded for this property yet.
Net yield / holding costs
UnknownNSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.