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VIC › Gembrook › Bessie Creek Rd

1190 Bessie Creek Rd, Gembrook VIC 3783

For saleRural Property for Sale

$2,200,000–$2,400,000

For sale

Asking range

5

Bedrooms

3

Bathrooms

10

Car spaces

41,075.593 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $2,200,000–$2,400,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $2,200,000–$2,400,000(Listing record · 20 July 2026)
  • FactLand 41,076 m²; no building size recorded.(Property record)
  • CalculationAsk is 137% above the Gembrook median recorded sale ($930,000, n=33, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Gembrook's advertised median rent ($578/wk), implied gross yield would be 1.37% — 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

$2,200,000–$2,400,000

Asking range · $54/m² of land

No recorded sale for this property.

Gembrook at a glance

2,662

People

$930,000

Median sale

$578/wk

Median rent

3.23%

Suburb gross yield

Median sale from 33 recorded sales (last 12 months) — a Districts calculation.

See the full Gembrook report →

Vs Gembrook

+136.6%

Median sale

Suburb $930,000

-1.86 pp

Gross yield

Suburb 3.23%

Suburb median $930,000 from 33 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
$2,200,000
Stamp Duty (Victoria)
$123,000
Transfer/Registration Fee
$3,614
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
$2,330,314

$130,314 on top of the price (5.9% 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 Gembrook's advertised median rent — not a rent for this listing.

Net yield
-0.13%
Annual cashflow (pre-tax)
$-117,344
Interest cover (DSCR)
-0.03
Annual rent
$30,056
Operating expenses
$33,000
Loan amount
$1,760,000
Annual interest
$114,400
Gross yield
1.37%

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$2,200,000–$2,400,000available20 July 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 $578/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 1.4%. 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

Gembrook in one glance

Gembrook at a glance

2,662

People

$930,000

Median sale

$578/wk

Median rent

3.23%

Suburb gross yield

Median sale from 33 recorded sales (last 12 months) — a Districts calculation.

See the full Gembrook report →

Keep researching

  • Why Gembrook? Read the area thesis →
  • What else is on the market in Gembrook →
  • Other records on Bessie Creek Rd →

Listing material

Listed by Unlock Real Estate

Luxury Country Living with a Proven Income

Welcome to a property that offers so much more than simply a place to call home. Set on approximately 10 acres of picturesque Gembrook countryside, on the edge of town on a sealed road this exceptional lifestyle estate combines a luxurious family residence with an established Airbnb business, delivering the perfect balance of country living and additional income.

The beautifully crafted stone residence immediately captures your attention with its timeless character, expansive proportions and quality finishes throughout. High timber-lined ceilings, polished timber floors and feature stonework create a warm country atmosphere that instantly feels like home.

Designed for modern family living, the home offers five generous bedrooms plus a home office, multiple living zones and a stunning open plan kitchen that truly is the heart of the home. Featuring stone benchtops, a farmhouse sink, quality appliances, a walk-in pantry, oversized island bench and a wood-fired cooker, it's a space where family and friends naturally come together.

Read the full description

The spacious living and dining areas are centred around a striking stone fireplace, while a second lounge provides the perfect retreat for movie nights or quiet relaxation. Every room has been thoughtfully positioned to embrace the peaceful outlook across the surrounding bushland.

The master suite is a luxurious sanctuary complete with a walk-in robe and beautifully appointed ensuite, while upstairs offers additional oversized bedrooms, family bathroom and retreat, creating the ideal children's wing or guest accommodation.

Step outside to the expansive covered alfresco where entertaining is effortless. Complete with a built-in outdoor kitchen and overlooking the surrounding landscape, this space is made for long lunches, family celebrations and evenings around the fire with friends.

What truly sets this property apart is the incredible fully self-contained timber barn, professionally established as a successful Airbnb. Bursting with rustic character, exposed timber beams, soaring ceilings and feature stonework, it offers spacious guest accommodation, large entertaining areas, kitchen facilities and multiple living spaces. Already generating approximately $40,000 per annum, it provides an outstanding passive income stream while still allowing complete privacy between the main residence and guests.

For those needing room for machinery, vehicles, trailers, caravans, boats or business equipment, the extensive shedding and workshop facilities are equally impressive, offering enormous flexibility for tradies, hobby farmers, car enthusiasts or anyone wanting space to spread out.

Whether you're searching for a luxury family home, multi-generational living, a lifestyle property with income, or simply your own private country retreat, opportunities like this are exceptionally rare.

Only minutes from the heart of Gembrook, this remarkable property delivers space, privacy, luxury and income in one complete lifestyle package.

Inspection will exceed every expectation.

Key Features

Approximately 10 acres of picturesque countryside

Stunning stone family home

5 bedrooms plus home office

Multiple living areas

Designer country kitchen with walk-in pantry

Wood-fired cooker and wood heating

Luxurious master suite with ensuite and walk-in robe

Covered alfresco with outdoor kitchen

Extensive shedding and workshop facilities

Established Airbnb barn returning approximately $40,000 per annum

Perfect for multi-generational living or additional accommodation

Minutes to Gembrook township

Listing description written by Rachael Woodham, Unlock Real Estate — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Balcony
  • Built-in Robes
  • Deck
  • Dishwasher
  • Floorboards
  • Pet-Friendly
  • Remote Garage
  • Secure Parking
  • Shed
  • Study

Also look at

Also for sale in Gembrook

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  • 7 Gembrook Launching Place Rd, Gembrook VIC 3783

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  • 210 Gembrook Tonimbuk Rd, Gembrook VIC 3783

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    For sale
Districts

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

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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.