Selby at a glance
1,603
People
$840,000
Median sale
$628/wk
Median rent
3.89%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
VIC › Selby › Argonne Pde
$863,000
Last sold
1 Nov 2024
5
Bedrooms
3
Bathrooms
4
Car spaces
1,961 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
$863,000
1 Nov 2024 · derived via latest_sale
Local land rate: recorded House sales in Selby (last 5 years) with land size have a median of $406/m² of land (n=70). Districts calculation from recorded sales — not a valuation.
Selby at a glance
1,603
People
$840,000
Median sale
$628/wk
Median rent
3.89%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Vs Selby
+2.7%
Median sale
Suburb $840,000
-0.11 pp
Gross yield
Suburb 3.89%
Suburb median $840,000 from 17 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 $628/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
Selby at a glance
1,603
People
$840,000
Median sale
$628/wk
Median rent
3.89%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Chandler & Co Real EstateRich design elements including quality timber, leadlight accents, and leafy, inspirational views evoke a sense of warmth and relaxation the moment you enter this home. Supplemented with a private tenanted 1-bedroom Cottage and situated on a sublime 1,961sqm (approx.) allotment, this property is a delightful place to make yourself at home.
From the large deck, this dwelling opens into a bright, beautiful, and functional interior. On the entry level, the kitchen with gas cooktop and stainless steel oven and dishwasher is accompanied by 2 living areas, including one with warm wood fire. The home office/bedroom with built-in robe, vaulted ceilings, and spectacular outlooks plus a full bathroom with soaking tub also reside on this level for complete convenience.
Upstairs, there are 2 further bedrooms including the expansive main bedroom with plush carpet, private balcony, and clever mezzanine that would be the perfect place to curl up with a good book. There is also a second bathroom and attic storage on this level.
This compelling property suits houseproud buyers seeking space for multi-generational living or rental income. A unique find in a tightly held neighbourhood, this property is a premium investment. Plan your viewing today.
- Near half-acre property in a peaceful pocket of Selby bordering and overlooking the Dandenong Ranges National Park
- Ducted heating downstairs and new split system upstairs
- New rainwater filtration system (main house only)
- Spacious 3/4 bedroom family residence with 2 living areas or 4th bedroom
- Expansive main bedroom with mezzanine
- Lush landscape and large outdoor entertaining areas
- Separate Tenanted 1-bedroom Cottage with balcony (currently leased month-to-month for $350 per week)
Please note: All information provided has been obtained from sources believed to be accurate, however, we cannot guarantee the information is accurate. Interested parties should make their own enquiries & obtain their own legal advice. We accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans, size, building age or condition).
Listing description written by Brad Conder, Chandler & Co Real Estate — reproduced as published, not verified by Districts.