Selby at a glance
1,603
People
$840,000
Median sale
$628/wk
Median rent
3.89%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
VIC › Selby › Horizon Rd
$1,115,000
Last sold
26 Feb 2022
4
Bedrooms
2
Bathrooms
2
Car spaces
22,700 m²
Land
18 m²
Building
Districts View
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
$1,115,000
26 Feb 2022 · derived via latest_sale
Local land rate: recorded House sales in Selby (last 5 years) with land size have a median of $431/m² of land (n=70). Districts calculation from recorded sales — not a valuation.
Selby at a glance
1,603
People
$840,000
Median sale
$628/wk
Median rent
3.89%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Vs Selby
+32.7%
Median sale
Suburb $840,000
-0.96 pp
Gross yield
Suburb 3.89%
Suburb median $840,000 from 17 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 $628/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
Selby at a glance
1,603
People
$840,000
Median sale
$628/wk
Median rent
3.89%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Bell Real Estate OlindaImmersed in stunning natural surrounds that emanate peace and seclusion, this thoughtfully designed split-level residence with glorious north-east facing hill vistas resides on a bushland haven spanning 5.5 acres undulating to a seasonal creek. Showcasing the rustic allure of raked ceilings, exposed beams, polished timber floors and earthy timber accents that blend effortlessly with the landscape – the fully renovated sanctuary also benefits from a chic kitchen and a functional aspect that emanates an effortless flow and a distinct feeling of calm.
With its unique layout the home also offers dual living options and will appeal to anyone looking for a private retreat, guest room or a place for additional family members to reside while still being under the one roof. Selby serenity in a quiet low-traffic no-through road means you have the allure of picturesque reserves, walking tracks, local schools, sporting clubs and amenities whilst still being just a 5-minute drive from bustling Belgrave and its station, supermarkets, cafes, restaurants, chic boutiques and cinema.
Talking Points:
-Preparing meals in the beautifully renovated kitchen highlighted by stainless-steel appliances including 800mm Ariston oven/cooktop, Fisher and Paykel dishwasher drawers and earthy timber benches. A chic breakfast bar is ideal for your morning brew or the laptop.
-A north-east facing meals/living room welcomes the sunshine and frames lush, treed vistas and is defined by a hearty Nectre wood fire that spreads its warmth throughout the house.
-A “bedroom wing” includes three bedrooms off a private hallway and a family bathroom defined by a beautiful claw foot bath and rainhead shower all with lush views.
-A self-contained top floor with farmhouse-sink kitchenette boasts an ensuite master bedroom with treetop views and lavish walk-in wardrobe perfect for either a parents/teenagers retreat, guest wing or Airbnb. A separate entrance and private outdoor courtyard also makes it ideal as a space for a home business/studio.
-Stylish and comfortable home office ideal to embrace the work from home trend.
-Alfresco spaces frame the home offering spots to entertain or recharge with stonework and an abundance of regularly planted natives adding allure whilst ample cleared lawn gently undulates down to a seasonal creek passing inviting spots for a fire pit for toasting marshmallows.
-Weed mat garden beds are ready for your heirloom seeds, a 22,500L water tank with holding tank and pump provides beautifully fresh triple filtered water and a woodshed means you can always have toasty warmth – all the ingredients to become self-sufficient.
-A second 5000L water tank dedicated to the veggie patch.
-Fabulous extras include huge under house storage, garden shed, re-sealed and re-pointed roof with gutter guards, double carport entry, additional off-street parking, renovated laundry and split system air-conditioning for seasonal comfort.
Insider’s Secret:
Watch the full moon rise majestically above the treetops from the comfort of your couch. Enjoy mother nature at its best accompanied by a drop of your favourite vintage.
Disclaimer: All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice.
Listing description written by Corinne Sukroo, Bell Real Estate Olinda — reproduced as published, not verified by Districts.
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