Mill Park at a glance
29,207
People
$762,500
Median sale
$512/wk
Median rent
3.49%
Suburb gross yield
Median sale from 10 recorded sales (last 24 months) — a Districts calculation.
VIC › Mill Park › Oleander Dr
$430,000–$470,000
For sale
Asking range
2
Bedrooms
2
Bathrooms
1
Car spaces
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
Asking
$430,000–$470,000
Asking range
No recorded sale for this property.
Mill Park at a glance
29,207
People
$762,500
Median sale
$512/wk
Median rent
3.49%
Suburb gross yield
Median sale from 10 recorded sales (last 24 months) — a Districts calculation.
Vs Mill Park
-43.6%
Median sale
Suburb $762,500
+2.70 pp
Gross yield
Suburb 3.49%
Suburb median $762,500 from 10 recorded sales (last 24 months) — a Districts calculation, not a portal figure.
Based on the low end of the asking range, not a contract price.
$25,681 on top of the price (6.0% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Based on the low end of the asking range, not a contract price.
Pre-filled with Mill Park's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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 $512/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.
Gross yield if leased at the suburb aggregate is 6.2%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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
Mill Park at a glance
29,207
People
$762,500
Median sale
$512/wk
Median rent
3.49%
Suburb gross yield
Median sale from 10 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by Barry Plant North Eastern GroupOffering an outstanding combination of modern comfort, natural light and everyday convenience, this contemporary apartment presents an excellent opportunity for first-home buyers, downsizers and astute investors alike.
Perfectly positioned in a sought-after pocket of Mill Park, the home places you just moments from Plenty Valley Westfield, Central South Morang, local parks, dog parks and the beautiful Plenty Gorge Parklands. With an array of shopping, dining, education and recreational options close by, everything you need is right at your doorstep.
Stepping inside, you'll immediately appreciate the bright and inviting open-plan design. The spacious living and dining area is bathed in natural light through impressive floor-to-ceiling windows, with beautiful hardwood floors flowing throughout the apartment, while split-system heating and cooling ensures year-round comfort.
At the heart of the home, the contemporary kitchen combines style and functionality, featuring a 4-burner gas cooktop, rangehood, oven, dishwasher and generous cabinetry, providing plenty of storage and making everyday cooking effortless.
Both bedrooms are generously appointed with built-in robes featuring mirrored sliding doors and offer the added convenience of direct balcony access. The master bedroom is complemented by a modern ensuite and its own split-system air conditioner, while the central bathroom services the second bedroom and guests.
Enjoy your own private balcony, an ideal retreat for morning coffee, entertaining friends or simply relaxing outdoors. A secure car space provides added peace of mind, while high-speed internet availability caters perfectly to today's connected lifestyle.
Property Features:
Two bedrooms with built-in mirrored robes
Master bedroom with modern ensuite and split-system air conditioning
Bright open-plan living and dining area
Floor-to-ceiling windows providing abundant natural light
Hardwood floorboard throughout
Split-system heating and cooling
Modern kitchen with 4-burner gas cooktop, oven, rangehood and dishwasher
Ample kitchen storage
Private balcony with direct access from both bedrooms
Secure car space
High-speed internet availability
Low-maintenance lifestyle ideal for first-home buyers, downsizers or investors
Lifestyle & Location:
Close to Plenty Valley Westfield and Central South Morang
Easy access to Plenty Gorge Parklands, walking tracks and local dog parks
Convenient access to RMIT Bundoora Campus and La Trobe University
Close to South Morang Primary School, Mill Park Secondary College and St Mary's College
Surrounded by shops, cafés, services and local amenities
Excellent access to public transport and major road links
An Opportunity Not to Be Missed
Whether you're taking your first step into the property market, downsizing to a more manageable home or adding a quality property to your investment portfolio, this apartment offers an appealing blend of lifestyle, convenience and low-maintenance living.
With its modern interiors, generous natural light and enviable Mill Park location, this is a property you'll be proud to call home.
Listing description written by Larry Li, Barry Plant North Eastern Group — reproduced as published, not verified by Districts.