Narre Warren North at a glance
8,074
People
$1,550,000
Median sale
$571/wk
Median rent
1.92%
Suburb gross yield
Median sale from 34 recorded sales (last 12 months) — a Districts calculation.
VIC › Narre Warren North › Kostic Blvd
$2,100,000
Last sold
16 Oct 2024
4
Bedrooms
3
Bathrooms
4
Car spaces
2,002 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
$2,100,000
16 Oct 2024 · derived via latest_sale
Local land rate: recorded House sales in Narre Warren North (last 5 years) with land size have a median of $901/m² of land (n=65). Districts calculation from recorded sales — not a valuation.
Narre Warren North at a glance
8,074
People
$1,550,000
Median sale
$571/wk
Median rent
1.92%
Suburb gross yield
Median sale from 34 recorded sales (last 12 months) — a Districts calculation.
Vs Narre Warren North
+35.5%
Median sale
Suburb $1,550,000
-0.51 pp
Gross yield
Suburb 1.92%
Suburb median $1,550,000 from 34 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 $571/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
Narre Warren North at a glance
8,074
People
$1,550,000
Median sale
$571/wk
Median rent
1.92%
Suburb gross yield
Median sale from 34 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Grant's Estate Agents Narre WarrenSituated in the premier estate of the Narre Warren North township, this well-crafted owner builder home on 2002sqm is just a short walk to Marco's IGA, The Rise Café, and picturesque walking tracks.
Upon entry to the home, you gain an instant appreciation for the premium materials used throughout. The home has been meticulously designed and an eye for detail, the current owners have exquisitely presented and maintained this family haven, nothing has been forgotten. There are four large bedrooms with built-in robes plus large home office, a luxurious master bedroom with sizable ensuite and the other three bedroom are all huge and serviced by the main bathroom and powder room.
Step down to the heart of the home, you cannot help but be in awe of the open plan kitchen, dining, and family room. The kitchen is simply stunning with one of the biggest stone benchtops you'll ever see, combined with soft close cabinetry, quality appliances and ample pantry space, all help to enhance the kitchen experience. There is also sunken lounge that provides a beautiful outlook through the large picture window to the manicured gardens.
Step outside from the family room and you can relax under the alfresco which is fitted with electric café blinds, so you can entertain family and friends in comfort all year round. In addition to the remote double garage is the full-length side access driveway with electric sliding gate to an impressive 10m x 10m brick garage with extra high clearance, own full bathroom, and mezzanine floor. This would be ideal for someone with a boat, caravan, or classic cars they need to store.
The premium inclusions list is long, with a 28 solar panel system, ducted heating and refrigerated air conditioning, ducted vacuum, wood fire coonara, alarm system and security camera system to house and garage, 2 x 20,000L water tanks to maintain the gardens and the backyard is a perfect space for the kids to run around and enjoy. Properties of this calibre are rarely seen so don't delay in booking your private inspection.
Listing description written by Gavin Coyne, Grant's Estate Agents Narre Warren — reproduced as published, not verified by Districts.
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