Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

VIC › Bacchus Marsh › Underbank Blvd

119 Underbank Blvd, Bacchus Marsh VIC 3340

For saleHouse for Sale

$899,000–$969,000

For sale

Asking range

8

Bedrooms

5

Bathrooms

4

Car spaces

2,489 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $899,000–$969,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $899,000–$969,000(Listing record · 18 May 2026)
  • FactLand 2,489 m²; no building size recorded.(Property record)
  • CalculationAsk is 38% above the Bacchus Marsh median recorded sale ($650,000, n=86, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Bacchus Marsh's advertised median rent ($495/wk), implied gross yield would be 2.86% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No 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

The ask against the evidence

Asking

$899,000–$969,000

Asking range · $361/m² of land

No recorded sale for this property.

Bacchus Marsh at a glance

7,914

People

$650,000

Median sale

$495/wk

Median rent

3.96%

Suburb gross yield

Median sale from 86 recorded sales (last 12 months) — a Districts calculation.

See the full Bacchus Marsh report →

Vs Bacchus Marsh

+38.3%

Median sale

Suburb $650,000

-1.10 pp

Gross yield

Suburb 3.96%

Suburb median $650,000 from 86 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$899,000
Stamp Duty (Victoria)
$49,010
Transfer/Registration Fee
$2,208
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$953,918

$54,918 on top of the price (6.1% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

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.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Bacchus Marsh's advertised median rent — not a rent for this listing.

Net yield
1.36%
Annual cashflow (pre-tax)
$-34,493
Interest cover (DSCR)
0.26
Annual rent
$25,740
Operating expenses
$13,485
Loan amount
$719,200
Annual interest
$46,748
Gross yield
2.86%

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.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

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. Listed$899,000–$969,000available18 May 2026

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?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $495/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

Gross yield if leased at the suburb aggregate is 2.9%. 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

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.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • 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?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). 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

    Development applications have not been queried 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

Bacchus Marsh in one glance

Bacchus Marsh at a glance

7,914

People

$650,000

Median sale

$495/wk

Median rent

3.96%

Suburb gross yield

Median sale from 86 recorded sales (last 12 months) — a Districts calculation.

See the full Bacchus Marsh report →

Keep researching

  • Why Bacchus Marsh? Read the area thesis →
  • What else is on the market in Bacchus Marsh →
  • Other records on Underbank Blvd →

Listing material

Listed by Ray White Bacchus Marsh

Expansive Dual Family Living

Positioned in the highly sought-after Underbank Estate, 119 Underbank Boulevard presents an outstanding opportunity to secure a substantial and incredibly versatile family home with breathtaking views across Bacchus Marsh. Designed with flexibility in mind, this impressive double-storey residence offers a rare dual-living layout where each level can comfortably function as its own self-contained home. Whether you're accommodating a large family, looking for a multi-generational living solution, or seeking an investment with strong rental potential, this unique property delivers space, comfort and endless possibilities.

Boasting an expansive internal living area of approximately 534m², the home provides an abundance of room for everyone to enjoy. Across the two levels you'll find eight bedrooms, five bathrooms, multiple living zones and extensive garaging, all designed to create a home that is both functional and welcoming. Large windows throughout the property allow natural light to pour in while capturing elevated outlooks across Bacchus Marsh, enhancing the sense of space and connection to the surrounding landscape.

The upper level forms the main residence and offers a spacious, thoughtfully designed layout ideal for everyday family living and entertaining. This level features five generously sized bedrooms, providing excellent accommodation for a growing family. At the centre of the home sits a refreshed kitchen that combines style and practicality, complete with 40mm stone benchtops, a generous pantry and plenty of storage and preparation space. Overlooking the open-plan family and dining areas, the kitchen creates a natural hub of the home where everyone can gather.

Read the full description

Sliding doors extend the living space out to a large undercover balcony alfresco area, creating a seamless indoor-outdoor flow. From here you can relax, entertain guests or simply enjoy the sweeping views across Bacchus Marsh, making it the perfect setting for both quiet mornings and evening gatherings.

The master bedroom on this level offers a private and comfortable retreat. Generous in size, it features a large walk-in robe and an impressive ensuite complete with a spa bath, shower, toilet and double vanity. Adding to its appeal, the master suite also enjoys direct access to its own private balcony, providing a peaceful space to take in the surrounding outlook.

The remaining four bedrooms on this level all include built-in robes, providing comfortable accommodation for family members or guests. The fifth bedroom, ideal as a guest suite, includes its own private ensuite, while the other bedrooms are serviced by a central bathroom and separate powder room for added convenience. A well-positioned laundry and additional storage cupboards further enhance the practicality of the upper floor.

Downstairs, the lower level offers a fully self-contained living space that opens the door to a wide range of possibilities. Perfect for extended family, guests or potential rental accommodation, this level features its own well-sized kitchen that connects to a large open-plan living and dining area. Sliding doors lead out to a patio area, adding another outdoor space to relax or entertain. The downstairs level also includes its own laundry, adding further convenience and independence for those living on this floor.

The lower level also includes three comfortable bedrooms, one of which features a walk-in robe and access to an ensuite-style bathroom arrangement. A second bathroom services the remaining bedrooms, while a central entry foyer and internal staircase provide easy connection between both levels of the home.

Completing the property is an oversized garage with three roller doors, offering space for at least four vehicles along with room for a workshop and internal access into the home. Outside, the yard offers scope for landscaping and outdoor improvements, allowing the next owner to further enhance the setting and create a space that suits their lifestyle.

With its rare dual-living design, impressive proportions and elevated views, 119 Underbank Boulevard offers a unique opportunity to secure a truly versatile home in one of Bacchus Marsh's most desirable locations, close to local schools, shops and everyday amenities.

Listing description written by Kelvin Gaffiero, Ray White Bacchus Marsh — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.