Wy Yung at a glance
2,244
People
$500,500
Median sale
$479/wk
Median rent
4.98%
Suburb gross yield
Median sale from 18 recorded sales (last 24 months) — a Districts calculation.
VIC › Wy Yung › Hamilton Dr
$875,000
Last sold
24 June 2022
4
Bedrooms
2
Bathrooms
2
Car spaces
4,362 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
$875,000
24 June 2022 · 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 Wy Yung (last 5 years) with land size have a median of $280/m² of land (n=28). Districts calculation from recorded sales — not a valuation.
Wy Yung at a glance
2,244
People
$500,500
Median sale
$479/wk
Median rent
4.98%
Suburb gross yield
Median sale from 18 recorded sales (last 24 months) — a Districts calculation.
Vs Wy Yung
+74.8%
Median sale
Suburb $500,500
-2.13 pp
Gross yield
Suburb 4.98%
Suburb median $500,500 from 18 recorded sales (last 24 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 $479/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
Wy Yung at a glance
2,244
People
$500,500
Median sale
$479/wk
Median rent
4.98%
Suburb gross yield
Median sale from 18 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by OBrien Real Estate BairnsdaleLocated in one of Wy Yung's most sought after residential areas, and set on a very generous acre allotment, lies this extremely well-built and beautifully designed family home. Constructed by a local, prominent building company under 12 months ago, 11 Hamilton Drive will give you that comfortable feeling of "home" from the moment you step foot through the front door. A very modern design, with loads of features for a wide range of buying groups to take advantage of.
These include a large open plan living, dining and kitchen area flooded with natural light, north facing living rooms, kitchen, dining and outdoor entertaining zones. The high end kitchen fixtures and fittings including stainless steel appliances, wrap around walk in pantry and servery to the outdoor entertaining area.
Also featured is a third living zone with a separate study nook, the spacious master suite incorporating a walk in wardrobe and en-suite with feature tiling and separate toilet hidden behind large double sliding doors as well as three extra bedrooms with built in robes or walk in robe.
A stunning family bathroom with walk in shower and free-standing bath, quality carpeting and vinyl plank flooring really adding that touch of modern class and comfort internally.
Externally you'll find a fully fenced and secure yard with double gates opening to an abundance of room for your dream shed, which also backs onto a reserve complete with walking track and picnic tables
A very safe, family friendly neighbourhood also contributes in a big way to the property's appeal. This home delivers exactly what so many are searching for in terms of real estate. A high quality build, in a sought after location, packed with features and in sensational condition. Now it is up to you to make it your own!
View the Due Diligence Checklist: consumer.vic.gov.au/duediligencechecklist
Listing description written by Laura Waites, OBrien Real Estate Bairnsdale — reproduced as published, not verified by Districts.