Spring Gully at a glance
3,085
People
$700,000
Median sale
$460/wk
Median rent
3.42%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
VIC › Spring Gully › Osborne St
$680,000
Last sold
9 July 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
1,059 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
$680,000
9 July 2024 · derived via latest_sale
Local land rate: recorded House sales in Spring Gully (last 5 years) with land size have a median of $874/m² of land (n=87). Districts calculation from recorded sales — not a valuation.
Spring Gully at a glance
3,085
People
$700,000
Median sale
$460/wk
Median rent
3.42%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
Vs Spring Gully
-2.9%
Median sale
Suburb $700,000
+0.10 pp
Gross yield
Suburb 3.42%
Suburb median $700,000 from 27 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 $460/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
Spring Gully at a glance
3,085
People
$700,000
Median sale
$460/wk
Median rent
3.42%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by McKean McGregor McKean McGregorWhere contemporary design meets suburban tranquility. This thoughtfully renovated residence is a testament to modern living, offering an open and inviting layout that seamlessly blends style and functionality. With a spacious living area, a well-equipped kitchen, and delightful outdoor spaces, this home is perfect for both relaxation and entertainment. At the rear of the property the large detached garage with a workshop and studio adds versatility, making it that perfect extra space for families or hobby enthusiasts. Set on a generous block, the property is located in the green and leafy neighourhood of Spring Gully which is close by to schools, cafes, shops and plenty of walking tracks.
- Spring Gully locale; peaceful bushland surrounds just minutes from local schools, Latrobe University and State Forest
- Open living, dining and kitchen with abundant natural light
- Family floor-plan including multiple outdoor entertaining options
- Large detached garage with workshop and studio
- Established garden surrounds
Welcome to your dream home in the heart of Spring Gully! This
well designed and spacious residence offers a perfect blend of modern comfort and timeless charm. With four large bedrooms, two bathrooms, and an array of captivating features, this property is ready to embrace and enhance your lifestyle.
As you step inside, the open living, dining, and kitchen areas create an inviting atmosphere, providing a seamless flow for entertaining friends and family. The well-appointed kitchen is a chef's delight, equipped with 900mm freestanding oven and ample counter space, making it the heart of the home.
The master bedroom is a haven of tranquility, boasting a generous size and an ensuite bathroom for your convenience. The additional three bedrooms are equally well-designed, offering flexibility for a growing family or accommodating guests. A family bathroom equipped with a european laundry adds to the practicality of the home, ensuring that daily chores are a breeze. The front deck is a charming spot to enjoy your morning coffee or relax in the fresh air, while the rear outdoor dining area provides a private retreat for alfresco dining and entertaining.
One of the standout features of this property is the large detached garage, complete with a workshop and studio. This versatile space is ideal for DIY projects, hobbies, or even as an extra living space, offering endless possibilities to make it your own.
Situated on a substantial block size of 1059m2, the expansive grounds provide ample space for outdoor activities, gardening, or simply enjoying the sunshine. The well-established gardens add a touch of serenity to the surroundings, creating a picturesque setting.
Don't miss the opportunity to make this house your home! Contact us today to schedule a viewing and experience the charm and comfort that this Spring Gully gem has to offer.
Additional features:
- Ducted gas heating and evaporative cooling throughout
- Kitchen appliances; stainless steel freestanding oven with gas cooktop, dishwasher
- Timber floors throughout
- Double car garage at rear with workshop and studio space
- Front timber deck
- Additional carport at front
Disclaimer: All property measurements and information has been provided as honestly and accurately as possible by McKean McGregor Real Estate Pty Ltd. Some information is relied upon from third parties. Title information and further property details can be obtained from the Vendor Statement. We advise you to carry out your own due diligence to confirm the accuracy of the information provided in this advertisement and obtain professional advice if necessary. McKean McGregor Real Estate Pty Ltd do not accept responsibility or liability for any inaccuracies.
Listing description written by Amy Sim, McKean McGregor McKean McGregor — reproduced as published, not verified by Districts.