Upper Ferntree Gully at a glance
3,403
People
$910,000
Median sale
$589/wk
Median rent
3.37%
Suburb gross yield
Median sale from 38 recorded sales (last 12 months) — a Districts calculation.
VIC › Upper Ferntree Gully › Olivette Ave
$824,000
Last sold
12 Nov 2022
3
Bedrooms
2
Bathrooms
1
Car spaces
1,434 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
$824,000
12 Nov 2022 · derived via latest_sale
Local land rate: recorded House sales in Upper Ferntree Gully (last 5 years) with land size have a median of $796/m² of land (n=134). Districts calculation from recorded sales — not a valuation.
Upper Ferntree Gully at a glance
3,403
People
$910,000
Median sale
$589/wk
Median rent
3.37%
Suburb gross yield
Median sale from 38 recorded sales (last 12 months) — a Districts calculation.
Vs Upper Ferntree Gully
-9.5%
Median sale
Suburb $910,000
+0.35 pp
Gross yield
Suburb 3.37%
Suburb median $910,000 from 38 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 $589/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
UnknownArea
Upper Ferntree Gully at a glance
3,403
People
$910,000
Median sale
$589/wk
Median rent
3.37%
Suburb gross yield
Median sale from 38 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White Ferntree GullyTHE PROPERTY
Perfectly poised to enjoy stunning views of Melbourne's city skyline, this double storey three-bedroom, two-bathroom home relishes a quiet and secluded location with a highly desired combination of indoor and outdoor living. Upon entry to the first floor level, you will discover a charming entry way that could also double as a private study space, with a separate toilet annexed to this space. Heading down the hall, you are met with a large kitchen zone that flows through to a dining/living area. Large windows reveal amazing views, while French doors open out from this space to a covered balcony, where you can continue to enjoy the incredible vistas. Head downstairs to find an additional living room for extra entertaining space, plus an extra shower room. There are three comfortable bedrooms, including a large master suite with en-suite and walk-in robe. Nestled amongst beautiful, landscaped gardens with elevated, prime positioning, this home is the retreat you are looking for.
THE FEATURES
• Beautiful three-bedroom, two-bathroom double storey family home
• Open plan living and dining with stunning views out over Melbourne
• Large kitchen with plenty of bench space, leading through to a spacious laundry
• Study space upon entry
• Three bedrooms on ground floor, includes large master with WIR and en-suite
• Separate ground floor living room
• Shower room
• Additional toilet
• Generous covered balcony offering up beautiful city vistas
• 2x Split system AC
• Solar panels
THE LOCATION
Basking in amazing views over the city skyline, this delightful family home provides a unique retreat in a tranquil mountain location, only moments from Ferntree Gully shopping, The Angliss Hospital, Upper Ferntree Gully Primary, Upwey Primary, Upwey High School, Kokoda Track Memorial Walk (1000 Steps) and Puffing Billy Railway.
On Site Auction Saturday 12th of November at 1:30pm (unless sold prior)
Listing description written by Paul Scott, Ray White Ferntree Gully — reproduced as published, not verified by Districts.
Victoria 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.