Yarra Glen at a glance
3,135
People
$1,014,000
Median sale
$550/wk
Median rent
2.82%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
VIC › Yarra Glen › Armstrong Grove
$940,000
Last sold
25 Nov 2024
6
Bedrooms
3
Bathrooms
2
Car spaces
1,365 m²
Land
Districts View
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
$940,000
25 Nov 2024 · derived via latest_sale
Local land rate: recorded House sales in Yarra Glen (last 5 years) with land size have a median of $1,037/m² of land (n=64). Districts calculation from recorded sales — not a valuation.
Yarra Glen at a glance
3,135
People
$1,014,000
Median sale
$550/wk
Median rent
2.82%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
Vs Yarra Glen
-7.3%
Median sale
Suburb $1,014,000
+0.22 pp
Gross yield
Suburb 2.82%
Suburb median $1,014,000 from 18 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 3
NRZ3
Jurisdiction
Yarra Ranges
Yarra Ranges, VIC
Official property report
The original government planning document for this property. Sign in to view or download the PDF. Districts facts are a separate GIS extract and may not include every statement in the report.
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
VICZoned NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 3 · NRZ3 (ZN). Official parcel area about 1,365 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.
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 1,365 m² — land size can look like optionality. What reduces it: SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 23; DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 5. 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
No advertised rent is recorded. Suburb median rent $550/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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 3 · NRZ3 (ZN). Official parcel area about 1,365 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
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?
KnownlowOfficial parcel about 1,365 m² — land size can look like optionality. What reduces it: SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 23; DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 5. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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
Yarra Glen at a glance
3,135
People
$1,014,000
Median sale
$550/wk
Median rent
2.82%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Jellis Craig Forest HillWelcome to this expansive family home, offering an impressive 6 bedrooms and 3 bathrooms spread across a generous plot of land. This property stands out with its versatile layout, including a self-contained unit downstairs, making it perfect for multi-generational living or creating a home office space. With its blend of comfort, space, and functionality, this home is designed to cater to the needs of a growing family or those who love to entertain.
The heart of the home features a well-appointed kitchen equipped with a gas stove and Domain oven, perfect for culinary enthusiasts. The living and dining areas are spacious and inviting, with a free-standing fireplace adding warmth and character. A built-in wine rack is a delightful touch for those who appreciate fine wines. The open plan layout creates a seamless flow between spaces, ideal for family gatherings or entertaining guests.
The sleeping quarters are generous, with six bedrooms all featuring built-in robes. The master bedroom is a true retreat, boasting a walk-in robe, ensuite, and split system air conditioning for year-round comfort. The main bathroom is luxuriously appointed with a spa bath, perfect for relaxing after a long day. The downstairs self-contained unit offers additional flexibility with its own kitchenette and bathroom, ideal for guests, older children, or as a potential source of rental income..
Step outside to discover a big backyard, providing ample space for outdoor activities and entertaining. The separate laundry with outdoor access adds convenience to daily chores. The property also features external blinds and ceiling fans throughout, enhancing comfort and energy efficiency. With ducted heating and evaporative cooling, the home remains comfortable in all seasons.
Situated in a prime location, this home falls within the school zones for Lilydale Heights College and Yarra Glen Primary School, making it ideal for families. The property is equipped with an NBN box, ensuring fast internet connectivity for work or leisure. With its proximity to local amenities, schools, and transport links, this home offers the perfect blend of suburban tranquillity and urban convenience.
Inspections by appointment
Listing description written by Hugh Francis, Jellis Craig Forest Hill — reproduced as published, not verified by Districts.