Whittlesea at a glance
6,247
People
$795,000
Median sale
$531/wk
Median rent
3.47%
Suburb gross yield
Median sale from 32 recorded sales (last 12 months) — a Districts calculation.
VIC › Whittlesea › Lorikeet Cres
$550,000
Last sold
30 June 2020
3
Bedrooms
2
Bathrooms
2
Car spaces
702 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
$550,000
30 June 2020 · derived via latest_sale
Local land rate: recorded House sales in Whittlesea (last 5 years) with land size have a median of $1,160/m² of land (n=106). Districts calculation from recorded sales — not a valuation.
Whittlesea at a glance
6,247
People
$795,000
Median sale
$531/wk
Median rent
3.47%
Suburb gross yield
Median sale from 32 recorded sales (last 12 months) — a Districts calculation.
Vs Whittlesea
-30.8%
Median sale
Suburb $795,000
+1.55 pp
Gross yield
Suburb 3.47%
Suburb median $795,000 from 32 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
GENERAL RESIDENTIAL ZONE - SCHEDULE 1
GRZ1
Jurisdiction
Whittlesea
Whittlesea, VIC
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 GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 703 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 703 m² — land size can look like optionality. What reduces it: DEVELOPMENT PLAN OVERLAY - SCHEDULE 1; SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 1. 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 $531/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 GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 703 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 703 m² — land size can look like optionality. What reduces it: DEVELOPMENT PLAN OVERLAY - SCHEDULE 1; SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 1. 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
Whittlesea at a glance
6,247
People
$795,000
Median sale
$531/wk
Median rent
3.47%
Suburb gross yield
Median sale from 32 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White ElthamSold by Renee Cornish 0425 437 250
Surrounded by picturesque greenery and occupying a lush 702sqm (approx.) just minutes from town, this low maintenance family home offers valuable privacy & exquisite mountain views.
In keeping with its private surrounds, an entrance hall leads to a light filled rumpus room followed by an expert kitchen with island bench, stainless steel appliances, dishwasher, breakfast bar & induction cooktop. Windows are skilfully placed to capture the natural light and bring the outdoors in.
All three bedrooms (main with ensuite & walk in robe) are located at the rear of the home, encouraging the perfect retreat from the living areas.
Climate control is a piece of cake with ducted heating & refrigerated cooling.
A remote double garage, garden irrigation system, NBN & an abundance of off street parking & a community minded neighbourhood completes the perfect picture. Only minutes to Church Street Precinct, Primary & High Schools, Eagles Nest Park & Public Transport this one of a kind home is not to be missed!
Builder: Dennis Family Homes
Year Built: 2002
Rental Estimate: $390 - $420 per week
To save time checking in on inspection day, please register your attendance by texting your full name & email address to 0425 437 250
_______________________________________________________________________________
Please use the sanitizer provided prior to entry, and while in the property please avoid touching surfaces, where possible (or gloves will be provided to you)
Social Distancing is expected, please keep at least 1.5 metres away from other attendants.
Please do not attend the property if you are feeling unwell.
You will be asked for your full name, phone number and photo ID
There will be a Maximum number of 20 people (including children) allowed in the house at one time. This may result in a short wait to enter the premises.
We will ask all attendants to ensure they have the COVIDSAFE app downloaded and running.
Listing description written by Renee Cornish, Ray White Eltham — reproduced as published, not verified by Districts.