Diggers Rest at a glance
7,972
People
$665,000
Median sale
$504/wk
Median rent
3.94%
Suburb gross yield
Median sale from 136 recorded sales (last 12 months) — a Districts calculation.
VIC › Diggers Rest › Precious Rd
$545,000
Last sold
29 Aug 2025
3
Bedrooms
1
Bathrooms
0
Car spaces
585 m²
Land
Districts View
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
$545,000
29 Aug 2025 · derived via latest_sale
Local land rate: recorded House sales in Diggers Rest (last 5 years) with land size have a median of $1,767/m² of land (n=102). Districts calculation from recorded sales — not a valuation.
Diggers Rest at a glance
7,972
People
$665,000
Median sale
$504/wk
Median rent
3.94%
Suburb gross yield
Median sale from 136 recorded sales (last 12 months) — a Districts calculation.
Vs Diggers Rest
-18.0%
Median sale
Suburb $665,000
+0.87 pp
Gross yield
Suburb 3.94%
Suburb median $665,000 from 136 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
GENERAL RESIDENTIAL ZONE - SCHEDULE 1
GRZ1
Jurisdiction
Melton
Melton, 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 586 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. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $504/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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 586 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.
Area
Diggers Rest at a glance
7,972
People
$665,000
Median sale
$504/wk
Median rent
3.94%
Suburb gross yield
Median sale from 136 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Sweeney Estate Agents Caroline SpringsAdrian Sposato - Proudly Recognised and Ranked #12 Real Estate Agent in Australia - Presents this stylish three-bedroom home boasts a spacious and thoughtfully designed layout that caters perfectly to both relaxed family living and effortless entertaining. Featuring a seamless transition from the light-filled interiors to an expansive backyard, it offers the ultimate in indoor-outdoor living. Whether you're hosting guests or simply unwinding in the comfort of your own private oasis, this home is designed to complement every stage of life. Ideally located within close proximity to train stations, bus stops, quality schools, and local shopping precincts, this outstanding residence delivers the perfect blend of space, convenience, and lifestyle-an ideal choice for families, first-home buyers, or astute investors alike.
* Featuring three generously sized bedrooms, including a spacious master bedroom.
* The expansive front lounge is filled with natural sunlight, creating a bright and welcoming ambiance. Thoughtfully designed, this versatile space provides plenty of room for both relaxation and entertaining guests."
* Hostess kitchen and adjoining meals area flow effortlessly to the expansive outdoor pergola with decking, offering the perfect blend of indoor comfort and outdoor entertaining. This seamless connection creates an ideal setting for hosting family gatherings or relaxing with friends
* Sparkling central bathroom
* Heating, cooling...
* Double car accommodation with rear access, perfect for those with additional vehicles, boats, caravans, trailers...
* Set on a generous 585m² block, this property boasts a spacious backyard with plenty of room for children to play and pets to roam freely. Ideal for family fun and outdoor entertaining, the expansive yard also features a large garden shed, offering ample storage for tools, equipment, and more
* All essential amenities are conveniently located within close proximity to the property. Just a 2-minute drive to the Calder Highway provides easy access to surrounding areas, while Melbourne Airport is only 20 minutes away by car. Commuters will appreciate the 2-minute drive to Diggers Rest Train Station. Shopping and everyday needs are well catered for with Rosenthal Shopping Centre just 5 minutes away by car, and a proposed shopping centre only a 5-minute walk from home. Healthcare is easily accessible with Diggers Rest Medical Centre just a short 5-minute walk, and families will enjoy the convenience of Diggers Rest Primary School being only 2 minutes on foot.
* For further information, please contact Adrian Sposato on 0419 464 629 to arrange an inspection or if you require any other real estate assistance!
* We look forward to seeing you at our next open for inspection
Sweeney "we know west" --- Caroline Springs leading agency.
(Photo ID is Required at all Inspections)
DISCLAIMER: Every precaution has been taken to establish the accuracy of the above information but it does not constitute any representation by the vendor or agent.
Listing description written by Adrian Sposato, Sweeney Estate Agents Caroline Springs — reproduced as published, not verified by Districts.
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?
KnownmediumNo 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
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.