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VIC › Ashburton › Nicholas St

12 Nicholas St, Ashburton VIC 3147

House

$1,602,000

Last sold

20 Apr 2024

3

Bedrooms

1

Bathrooms

2

Car spaces

615 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,602,000 (20 Apr 2024).(Recorded sale)
  • FactLand 615 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Ashburton (last 5 years) with land size: median $2,962/m² of land (n=32). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 3 (NRZ3) under the ZN.(Vicmap Planning · 31 Aug 2026)

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. 1No 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

What this lot has actually traded at

Last sold

$1,602,000

20 Apr 2024 · derived via latest_sale

Local land rate: recorded House sales in Ashburton (last 5 years) with land size have a median of $2,962/m² of land (n=32). Districts calculation from recorded sales — not a valuation.

Ashburton at a glance

8,515

People

$1,902,500

Median sale

$668/wk

Median rent

1.83%

Suburb gross yield

Median sale from 11 recorded sales (last 12 months) — a Districts calculation.

See the full Ashburton report →

Vs Ashburton

-15.8%

Median sale

Suburb $1,902,500

+0.34 pp

Gross yield

Suburb 1.83%

Suburb median $1,902,500 from 11 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

ZN

Zone

NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 3

NRZ3

Jurisdiction

Boroondara

Boroondara, VIC

Planning overlays

  • environmentalNot detected

Development activity

Data unavailable

Source

  • Provider: Vicmap Planning
  • Dataset: PLAN_ZONE
  • Retrieved: 31 Aug 2026
  • Version: 1
  • Parcel: 459618813

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. Soldprice unknown12 June 2026
  2. Listedprice unknowncompleted19 May 2026
  3. Listedprice unknowncompleted19 May 2026
  4. Sold$1,602,00020 Apr 2024
  5. Listedprice unknowncompleted22 Mar 2024
  6. Listedprice unknowncompleted22 Mar 2024

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?

Confidence: medium

Zoned NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 3 · NRZ3 (ZN). Official parcel area about 279 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.

What could kill that thesis?

Confidence: low

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. 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 $668/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

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

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.

3 of 10 questions answered so far

  • Development optionality of this lot

    Knownmedium

    Zoned NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 3 · NRZ3 (ZN). Official parcel area about 279 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

    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?

    Knownmedium

    No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.

  • Lot-level flood

    Unknown

    Flood overlay has not been queried for this lot. 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

    No DA adapter returned applications 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

Ashburton in one glance

Ashburton at a glance

8,515

People

$1,902,500

Median sale

$668/wk

Median rent

1.83%

Suburb gross yield

Median sale from 11 recorded sales (last 12 months) — a Districts calculation.

See the full Ashburton report →

Keep researching

  • Why Ashburton? Read the area thesis →
  • What else is on the market in Ashburton →
  • Other records on Nicholas St →

Listing material

Listed by HEAVYSIDE

Brand New Luxury Home in a Leafy Ashburton Pocket

Watch the auction live here: https://heavyside.co/live-auction

THE PROPERTY

Effortlessly sleek and beautifully sophisticated, this brand new double-storey residence delivers a premium family lifestyle where architectural design, high-end finishes and beautifully curated interiors combine to create a home that feels both indulgent and effortlessly liveable. Beyond the striking contemporary façade framed by landscaped gardens, clean architectural lines and elegant curved detailing, the home immediately evokes a sense of calm, warmth and modern refinement. Wide oak flooring, soaring ceilings, soft neutral tones and carefully layered lighting create a sophisticated atmosphere throughout, while the expansive open-plan living and dining domain forms a stunning centrepiece for everyday living, entertaining and family connection.

Read the full description

Flooded with natural light and seamlessly extending outdoors through oversized glass sliders, the space feels beautifully open, airy and inviting from morning through to night. At the heart of the home, the breathtaking designer kitchen delivers a true showpiece of contemporary style. The oversized marble-look stone waterfall island creates a stunning gathering point for casual breakfasts, entertaining with friends or relaxed evenings with family, complemented by sleek LED feature lighting, dual Smeg ovens, induction and gas cooking, integrated Bosch dishwasher and extensive matte white cabinetry.

Hidden beyond, the spectacular walk-in pantry mirrors the same premium aesthetic with full stone benchtops, splashbacks and extensive storage, allowing the kitchen to remain beautifully streamlined and functional. A main bedroom conveniently located on the ground floor, perfectly positioned for guests or multigenerational living. Upstairs, the private retreat offers the perfect breakout space for movie nights or peaceful family downtime, while three generous bedrooms provide exceptional accommodation including a stunning hotel-inspired main suite with walk-in robe and designer ensuite finished with full-height tiling, premium stone surfaces, mirrored cabinetry and elegant feature lighting. Beautifully appointed bathrooms with freestanding bathtub and gold tapware continue the home's refined contemporary aesthetic.

Designed to embrace effortless indoor-outdoor living, the wraparound timber deck and private landscaped backyard create a peaceful sanctuary perfect for entertaining or unwinding outdoors. Wonderfully low maintenance yet highly functional, the home also features an oversized designer laundry with stone finishes, plush upstairs carpeting, zoned Air Touch heating and cooling, and a double garage with epoxy resin flooring and internal access. Blending sleek contemporary elegance with warmth, comfort and exceptional practicality, this stunning residence delivers a premium modern lifestyle tailored for relaxed family living and entertaining.

THE FEATURES

- Brand new architecturally inspired family residence

- Sleek contemporary interiors with premium finishes

- Designer stone kitchen with dual Smeg ovens

- Massive walk-in pantry with stone benchtops

- A main bedroom located on ground floor, perfectly positioned for guests or multigenerational living.

- Additional 3 bedrooms upstairs, including a main suite with walk in robe and ensuite

- Multiple living zones including upstairs retreat

- Private wraparound entertainer's deck and yard

- Zoned Air Touch heating and cooling system

- Double garage with epoxy resin finish flooring

THE LOCATION

Positioned within one of Ashburton's peaceful leafy pockets, the home is moments from Ashburton Village cafés, local dining and shopping, Alamein Station, Watson Park and the beautiful Gardiners Creek Trail. Zoned to Solway Primary School and Ashwood High School, the location also provides convenient access to major arterials, offering a connected family lifestyle surrounded by parks, transport and everyday amenities.

THE TERMS: 30|45|60 Days

Listing description written by Wendy Zhou 周中文, HEAVYSIDE — 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.

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