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 › Scotts Angle Rd
$750,000
Last sold
22 July 2019
4
Bedrooms
2
Bathrooms
6
Car spaces
10,115.1 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
$750,000
22 July 2019 · derived via latest_sale
Local land rate: recorded House sales in Wattle Glen (last 5 years) with land size have a median of $1,027/m² of land (n=31). 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
-26.8%
Median sale
Suburb $1,024,000
+1.06 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 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 $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.
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
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 Frost Real EstateAt the end of a winding driveway, is this north facing brick home that was built with family in mind. Featuring four bedrooms, two living areas, original wet areas (kitchen, bath, laundry and ensuite), this 70's style home on approximately 2.5 acres holds plenty of opportunity and potential.
A slate tiled entrance welcomes you in to a large family living area with coonara style wood fireplace, plenty of space for family gatherings or a quiet night by the fire. Further ahead is the main bedroom with robe and shower, bath, vanity - along with two way toilet.
The original sun drenched kitchen and spacious dining area (with gas heating) are open to a second living, tv room or play area, with laundry close by. Three additional bedrooms are located at the far end of the house with shared bathroom, linen and storage closet. Two of the three bedrooms offer external access and good sized robes.
Outdoors is a must to see with bushland views, kangaroos and nature all around, yet with the security of neighbours nearby. The natural surrounds are captivating and provide plenty of opportunity to improve or simply sit back and enjoy. Ample parking is available under the double carport or in any of the cleared parking bays along the driveway. Additional features include heating, solar hot water, storage shed, store room and garden water tank.
Located in Wattle Glen, a small town between Diamond Creek and Hurstbridge, close to facilities which include the General Store, Train Station, Bus, Tennis Club, CFA station, Wattle Glen Primary School and a scout hall, with larger shopping and dining facilities only a short drive away.
A note to buyers...
We base our price ranges on comparable sales within the area and current market conditions. We do not over quote property to vendors or underquote property to buyers. We recognise that the final sale price will ultimately be influenced by competition within the market and that the advertised selling range is not a ceiling to the price buyers may be willing to pay to secure the purchase of the property.
Frost Real Estate is pleased to be able to offer our buyers complete dedication to your discrete purchasing experience. Every interested buyer is invited to put their best offer forward for the property with the knowledge that offers will not be disclosed between buyers.
At the heart of Frost Real Estate is a passion for helping people purchase and sell property. We hope that this information helps you with your property search.
Please contact Craig Frost on 0413 018 033 to arrange a private inspection.
While every effort has been made to provide the correct description of the property and identify the properties features, we advise you to conduct an inspection of the property for your own satisfaction.
Listing description written by Craig Frost, Frost Real Estate — reproduced as published, not verified by Districts.