Bellfield at a glance
2,221
People
$1,055,000
Median sale
$488/wk
Median rent
2.41%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
VIC › Bellfield › Sullivan St
$887,000
Last sold
25 Mar 2017
3
Bedrooms
1
Bathrooms
3
Car spaces
609 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
$887,000
25 Mar 2017 · derived via latest_sale
Local land rate: recorded House sales in Bellfield (last 5 years) with land size have a median of $1,563/m² of land (n=31). Districts calculation from recorded sales — not a valuation.
Bellfield at a glance
2,221
People
$1,055,000
Median sale
$488/wk
Median rent
2.41%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
Vs Bellfield
-15.9%
Median sale
Suburb $1,055,000
+0.45 pp
Gross yield
Suburb 2.41%
Suburb median $1,055,000 from 5 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 $488/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
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?
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.
Area
Bellfield at a glance
2,221
People
$1,055,000
Median sale
$488/wk
Median rent
2.41%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by hockingstuart IvanhoeSOLD by hockingstuart. This extremely well located family home is set in a much sought after centrally positioned and quiet residential locale. The existing residence offers a very comfortable 3 Bedroom home with superb undercover 'Al Fresco' outdoor entertainment and substantial space for vehicle accommodation. The property is set on a 609.56 m2 (approx.) allotment and would be well suited to first home buyers, couples, young families, single parents, downsizers, renovators (STCA), investors, etc. who are seeking entry into the Property Market. In addition, the property would also be well suited to builders/developers seeking their next project (STCA) in a high demand postcode location.
The Responsible Authority is the City of Banyule, the Planning Zone is GRZ1 (General Residential Zone - Schedule 1) and the Overlay Zone is VPO5 (Vegetation Protection Overlay - Schedule 5).
The property affords easy access to The Mall, Warringal Shopping Centre & Heidelberg Shopping Village, Cafes & Restaurants, the Austin Hospital & Repatriation Medical Centre, Bellfield Primary School & Banksia Secondary College, Northern Melbourne Institute of TAFE, Public Transport, Ford Park and the ever popular Darebin Creek Trail with its walking & bicycle tracks.
Comprises: 3 Bedrooms (Master Bedroom with Robes), Country style Kitchen/Meals, Lounge Living, Family Bathroom, enclosed Front Porch entry, Utility Room with external access at rear, Double Carport with drive through access, additional Single Garage and Off-Street Parking well suited to boats, caravans and trailers, large rear Pergola 'Al Fresco' BBQ/Entertainment and Outdoor Sitting area, additional rear concrete Patio, External Shedding and well established lawn and garden bed areas that includes a water feature in the front garden.
Features: Set in a quiet and private residential living environment proximate to all amenities and services; Offers low-maintenance easy living opportunity; Ideally suited to Renovators or Builders/Developers alike (STCA); Pitched terra cotta tile roof; 1 level living; High ceilings; Timber flooring; Low-maintenance aluminium sash and sliding windows; Well zoned living and bedroom accommodation; Kitchen with timber lined ceiling, skylight, fridge/freezer space, overhead fan and double pantry; Gas wall heater; Split system - Heating and cooling; Air-conditioning; Good internal storage facility; Security window shutters/blinds; Magnificent outdoor entertainment area; Property fenced between front and rear; Previously re-stumped; etc.
As birds have wings .... This should fly!!!
Inspect Now - Won't Last!
Proof of ID required.
Listing description written by Helen Whelan, hockingstuart Ivanhoe — reproduced as published, not verified by Districts.