Newington at a glance
1,719
People
$630,000
Median sale
$433/wk
Median rent
3.57%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
$1,650,000
Last sold
11 Mar 2022
5
Bedrooms
3
Bathrooms
2
Car spaces
763 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
$1,650,000
11 Mar 2022 · derived via latest_sale
Local land rate: recorded House sales in Newington (last 5 years) with land size have a median of $1,270/m² of land (n=69). Districts calculation from recorded sales — not a valuation.
Newington at a glance
1,719
People
$630,000
Median sale
$433/wk
Median rent
3.57%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Vs Newington
+161.9%
Median sale
Suburb $630,000
-2.21 pp
Gross yield
Suburb 3.57%
Suburb median $630,000 from 15 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 $433/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
Newington at a glance
1,719
People
$630,000
Median sale
$433/wk
Median rent
3.57%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by McGrath BallaratPositioned just a very short walk from some of Ballarat's most highly regarded schools, Victoria Park and Lake Wendouree this stunning red brick bungalow offers a rare dual occupancy opportunity to accommodate the needs of your extended family.
• Set on a generous 763sqm allotment and spanning over two street frontages of both Eyre Street at the front and Duke Street at the rear, giving the rear unit its own independent access.
• This importantly gives the unit the ability to generate an income through separate residential leasing or perhaps AIRBNB for a greater return.
• The façade of the home is simply to die for, with incredible landscaping blending heritage red retaining walls and borders with exposed aggregate paving and immaculate hedging, lawns, and gardens.
• The striking red brick Californian is one of the best examples you will find and is complimented by a stunning terracotta tile roof.
• Inside, the main home comprises of 4 bedrooms - headlined by a spacious master suite complete with a luxurious ensuite bathroom and walk in robe.
• The main bathrooms services the remining bedrooms from the hallway and is breathtakingly beautiful with an exposed red brick wall, and a feature free standing bath.
• The kitchen is dressed in quality with a stunning concrete benchtop and opening to your open plan's meals living space with blends seamlessly with the outdoor alfresco entertaining.
• The alfresco entertaining space ties together the separate unit with the home and is an outstanding feature of the home. You'll love the pizza oven, full outdoor kitchen, and built-in barbeque.
• No normally in these dual occupancy opportunities, the unit or separate dwelling is not up to the standard of the main home itself. Not the case here.
• The separate fully self-contained unit is just three years old, and comprises a large bedroom, spacious living area, kitchen and meals area, laundry and ensuite bathroom.
• There is a 6m x 6m Colourbond garage with access from Duke Street, and this double as a great space to work from home for those who tinker.
• Such a rare opportunity to secure a seriously beautiful property in one of Ballarat's very best locations. Inspect this outstanding property today.
Listing description written by Daniel Nestor, McGrath Ballarat — reproduced as published, not verified by Districts.
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