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VIC › Jackass Flat › Merchants Way

11 Merchants Way, Jackass Flat VIC 3556

House

$595,000

Last sold

1 Oct 2024

4

Bedrooms

2

Bathrooms

4

Car spaces

638 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $595,000 (1 Oct 2024).(Recorded sale)
  • FactLand 638 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Jackass Flat (last 5 years) with land size: median $1,075/m² of land (n=88). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$595,000

1 Oct 2024 · derived via latest_sale

Local land rate: recorded House sales in Jackass Flat (last 5 years) with land size have a median of $1,075/m² of land (n=88). Districts calculation from recorded sales — not a valuation.

Jackass Flat at a glance

2,192

People

$610,000

Median sale

$444/wk

Median rent

3.78%

Suburb gross yield

Median sale from 23 recorded sales (last 12 months) — a Districts calculation.

See the full Jackass Flat report →

Vs Jackass Flat

-2.5%

Median sale

Suburb $610,000

+0.10 pp

Gross yield

Suburb 3.78%

Suburb median $610,000 from 23 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$595,0001 Oct 2024
  2. Listedprice unknowncompleted12 Aug 2024
  3. Listedprice unknowncompleted12 Aug 2024

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $444/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Jackass Flat in one glance

Jackass Flat at a glance

2,192

People

$610,000

Median sale

$444/wk

Median rent

3.78%

Suburb gross yield

Median sale from 23 recorded sales (last 12 months) — a Districts calculation.

See the full Jackass Flat report →

Keep researching

  • Why Jackass Flat? Read the area thesis →
  • What else is on the market in Jackass Flat →
  • Other records on Merchants Way →

Listing material

Listed by PH Property

A VERY TIDY HOME… WITH A SUPERB SHED!

* OPEN FOR INSPECTION SATURDAY 31ST OF AUGUST CANCELLED, PROPERTY IS CURRENTLY UNDER OFFER*

Introducing this four-bedroom home, just three years old and built in 2021! Designed with comfort and convenience in mind, this home is equipped with gas instant hot water, a wired security system, evaporative cooling, and ducted gas heating throughout to ensure a comfortable living environment year-round!

As you enter, you are greeted with the master bedroom featuring carpeted floors, a ceiling fan, holland and standard blinds for comfort. The ensuite bathroom has tiled floors, a single vanity, a standard shower with a niche and a toilet. A separate walk-in robe offers plenty of hanging space!

Read the full description

The other three bedrooms are equally comfortable, each with carpeted floors and two-door built-in robes that provides ample hanging and shelving space. These rooms are perfect for children, guests, or even a home office. The fourth bedroom makes a great second living option too. With internal access from the two-car garage and ample storage throughout, including a two-door linen closet in the hallway, this home is designed for easy, convenient living.

The open-plan kitchen, living and dining area is the heart of the home, featuring vinyl floors throughout. The kitchen is a chef's delight, equipped with a 900mm gas cooktop and electric oven, dishwasher and breakfast bar perfect for those early mornings! The walk-in pantry provides plenty of shelving space and a plumbed fridge space! Adjacent, is the laundry with access to the backyard! The lounge area includes a ceiling fan for added comfort and glass sliders to the suburb outdoor entertaining area!

Outdoor living is equally impressive with an undercover alfresco area that includes a heater, ceiling fan and views to the manicured rear grassed yard - perfect for entertaining. The tiff tuff lawn area is ideal for children and pets to play with! Additionally, the property features an impressive a 6m x 8m shed with a double-door roller access and power, along with 3.2m (approx) side access down to the shed with a concrete wash bay in front of the shed, the perfect space for a caravan or boat!

There's nothing to do but move in and enjoy!

Listing description written by Brad Hinton, PH Property — reproduced as published, not verified by Districts.

Property features

  • Built-in Robes
  • Dishwasher
  • Ducted Cooling
  • Ducted Heating
  • Ensuites: 1
  • Fully Fenced
  • Gas Heating
  • Living Areas: 1
  • Outdoor Entertaining
  • Remote Garage
  • Shed
  • Solar Hot Water
  • Toilets: 2
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.