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VIC › Yarrambat › North Oatlands Rd

115 North Oatlands Rd, Yarrambat VIC 3091

House

$2,950,000

Last sold

9 Aug 2023

6

Bedrooms

4

Bathrooms

5

Car spaces

9,995.735 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 $2,950,000 (9 Aug 2023).(Recorded sale)
  • FactLand 9,996 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Yarrambat (last 5 years) with land size: median $247/m² of land (n=15). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned LOW DENSITY RESIDENTIAL ZONE (LDRZ) under the ZN.(Vicmap Planning · 31 Aug 2026)

What could make it worth less?

  • FactDESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 2 intersects 99.8% of this parcel.(Vicmap Planning · 31 Aug 2026)
  • FactBUSHFIRE MANAGEMENT OVERLAY intersects 99.8% of this parcel.(Vicmap Planning · 31 Aug 2026)

What should you verify next?

  1. 1DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 2 affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  2. 2BUSHFIRE MANAGEMENT OVERLAY affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  3. 3No 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

$2,950,000

9 Aug 2023 · derived via latest_sale

Local land rate: recorded House sales in Yarrambat (last 5 years) with land size have a median of $247/m² of land (n=15). Districts calculation from recorded sales — not a valuation.

Yarrambat at a glance

1,774

People

$1,853,000

Median sale

$571/wk

Median rent

1.60%

Suburb gross yield

Median sale from 6 recorded sales (last 12 months) — a Districts calculation.

See the full Yarrambat report →

Vs Yarrambat

+59.2%

Median sale

Suburb $1,853,000

-0.59 pp

Gross yield

Suburb 1.60%

Suburb median $1,853,000 from 6 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

ZN

Zone

LOW DENSITY RESIDENTIAL ZONE

LDRZ

Jurisdiction

Nillumbik

Nillumbik, VIC

Planning overlays

  • DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 2Detected — 99.8% of parcel

Development activity

Data unavailable

Source

  • Provider: Vicmap Planning
  • Dataset: PLAN_ZONE
  • Retrieved: 31 Aug 2026
  • Version: 1
  • Parcel: 52465268

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

Detected — official

The official layer maps a bushfire risk zone on this parcel, intersecting about 99.8% of it (Vicmap Planning, retrieved 31 Aug 2026). Verify the extent against the title before relying on unaffected land.

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$2,950,0009 Aug 2023
  2. Listedprice unknowncompleted23 Feb 2023
  3. Listedprice unknowncompleted23 Feb 2023

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?

Confidence: medium

Zoned LOW DENSITY RESIDENTIAL ZONE · LDRZ (ZN). Official parcel area about 10,027 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.

What could kill that thesis?

Confidence: low

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. Official parcel about 10,027 m² — land size can look like optionality. What reduces it: DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 2; BUSHFIRE MANAGEMENT OVERLAY. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack. 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 $571/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.

3 of 10 questions answered so far

  • Development optionality of this lot

    Knownmedium

    Zoned LOW DENSITY RESIDENTIAL ZONE · LDRZ (ZN). Official parcel area about 10,027 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

    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?

    Knownlow

    Official parcel about 10,027 m² — land size can look like optionality. What reduces it: DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 2; BUSHFIRE MANAGEMENT OVERLAY. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.

  • Lot-level flood

    Unknown

    Flood overlay has not been queried for this lot. 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

    No DA adapter returned applications 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

Yarrambat in one glance

Yarrambat at a glance

1,774

People

$1,853,000

Median sale

$571/wk

Median rent

1.60%

Suburb gross yield

Median sale from 6 recorded sales (last 12 months) — a Districts calculation.

See the full Yarrambat report →

Keep researching

  • Why Yarrambat? Read the area thesis →
  • What else is on the market in Yarrambat →
  • Other records on North Oatlands Rd →

Listing material

Listed by Morrison Kleeman Estate Agents Eltham Greensborough Doreen

Grace And Grandeur In A Looked-For Locale

Set in arguably one of Yarrambat’s most sought-after streets, awash in glorious natural light and surrounded by resort facilities within a home of over 70 squares approx. and its manicure 2.47 acres approx. allotment, this Hamptons-inspired home offers a private paradise of family-friendly dimensions, quality finishes and an exclusive lifestyle!

Opening from an expansive front veranda, the double-door entry introduces you to a ground floor offering multiple fluid living and entertainment zones. Anchored by a kitchen showcasing 100 mm stone bench tops, Smeg cooking appliances, and on-trend matt black fittings, the living-meals makes a seamless transition through to a spacious lounge. It is complemented by an elegant sitting room/library, a fitted study and a guest bedroom with a full bathroom.

The first floor is all about accommodation. Along with a deluxe ensuite featuring dual basins, an oversize walk-in shower and a relaxing spa, the main bedroom indulges occupants with retreat-size dimensions and two fitted dressing rooms! Sharing this spacious level are three further generously proportioned bedrooms, a family bathroom and a teen retreat. It delivers more than enough space for lounging and learning!

Read the full description

A sparkling pool set in sandstone paves sits between an alfresco area with BBQ and a stunning summer house. Introducing a wall of glass that peel back to extend poolside enjoyment, it features an open-plan living area complete with a full stone kitchen, in-built dishwasher and fridge PLUS a large fully equipped gym, a bathroom and a first-floor bedroom. Perfect for summer fun, it will easily cope with short-term guests or long-term multigenerational living. Resort-style enjoyment is further enhanced by a championship floodlit tennis court.

Finished with two storerooms, a workbench and a wall of cupboards, the auto door, the triple car garage includes the ease and convenience of internal access and a home office ideal for your home-based business or for remote workers. Internal stairs take you up to a vast combination of a games room flowing into a fully equipped theatre room where family and friends can enjoy cinema-style fun at home.

As expected of a home of this calibre, the inclusions list is extensive. Remote gates with video entry, ducted heating and cooling, ducted vacuum with a kicker plate to the kitchen, family-size fitted laundry, solar panels, quality window finishes including plantation shutters, NBN connection, guest powder room, second double car garage and an abundance of storage options.

***PHOTO ID REQUIRED AT OPEN FOR INSPECTIONS***

Listing description written by Sash Buncic, Morrison Kleeman Estate Agents Eltham Greensborough Doreen — reproduced as published, not verified by Districts.

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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.