Wattle Glen at a glance
1,879
People
$1,024,000
Median sale
$573/wk
Median rent
2.91%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
VIC › Wattle Glen › Rojim Ct
$1,065,000
Last sold
26 Nov 2021
3
Bedrooms
2
Bathrooms
3
Car spaces
910 m²
Land
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
$1,065,000
26 Nov 2021 · derived via latest_sale
Local land rate: recorded House sales in Wattle Glen (last 5 years) with land size have a median of $1,017/m² of land (n=30). Districts calculation from recorded sales — not a valuation.
Wattle Glen at a glance
1,879
People
$1,024,000
Median sale
$573/wk
Median rent
2.91%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
Vs Wattle Glen
+4.0%
Median sale
Suburb $1,024,000
-0.11 pp
Gross yield
Suburb 2.91%
Suburb median $1,024,000 from 8 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
GENERAL RESIDENTIAL ZONE - SCHEDULE 1
GRZ1
Jurisdiction
Nillumbik
Nillumbik, VIC
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
VICZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 908 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $573/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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 908 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
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?
KnownmediumOfficial parcel about 908 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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
Wattle Glen at a glance
1,879
People
$1,024,000
Median sale
$573/wk
Median rent
2.91%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White MacleodEXPRESSIONS OF INTEREST CLOSE TUESDAY 23RD NOVEMBER AT 5:00PM (UNLESS SOLD PRIOR)
Featuring extensive living and flawless outdoor entertaining, this three bedroom two bathroom residence is the family home you've dreamt of. Raked and beamed ceilings soar over split level living and dining zones, and seamless entertaining is presented by a vast covered deck and spa that flow from a quality appointed solid timber kitchen, spacious dining and family living complete with a gas-log fireplace. Lush gardens surround this home that boasts direct access to Edward Street Reserve from your backyard, providing all the space active children could ever need, while spacious double bedrooms with robes provide a quiet retreat, the privately zoned master bedroom with walk-in robe and ensuite opening to its own Zen courtyard. Meticulously maintained with a spotless family bathroom, separate laundry, heating/cooling, alarm, double garage and extensive workshop and storage sheds perfect for any handyman, this appealing home puts astute buyers in a family friendly cul-de-sac where access to schools, parklands, Diamond Creek shopping and Wattle Glen Station is easy.
Brett Schembri & Ashleigh Lawson | Ray White Macleod
IMPORTANT: Government directions require all open home attendees to be fully vaccinated. If you are fully vaccinated you are welcome to attend one of the advertised open for inspection times, where proof of vaccination is required prior to entry. If you are not fully vaccinated and would like to view this home please contact our team to organise a private inspection. We thank you for assisting us as we implement directions from the Victorian government.
Listing description written by Brett Schembri, Ray White Macleod — reproduced as published, not verified by Districts.