Ormond at a glance
9,795
People
$1,862,500
Median sale
$618/wk
Median rent
1.73%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
VIC › Ormond › Wheeler St
$3,900,000
Last sold
12 Feb 2026
5
Bedrooms
4
Bathrooms
3
Car spaces
763 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
$3,900,000
12 Feb 2026 · derived via latest_sale
Local land rate: recorded House sales in Ormond (last 5 years) with land size have a median of $3,426/m² of land (n=20). Districts calculation from recorded sales — not a valuation.
Ormond at a glance
9,795
People
$1,862,500
Median sale
$618/wk
Median rent
1.73%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
Vs Ormond
+109.4%
Median sale
Suburb $1,862,500
-0.91 pp
Gross yield
Suburb 1.73%
Suburb median $1,862,500 from 10 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 $618/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
Ormond at a glance
9,795
People
$1,862,500
Median sale
$618/wk
Median rent
1.73%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Jellis Craig BentleighExpressions of Interest closing Tuesday 10th February at 4pm
Indulge in the unrivalled luxury of this remarkable new five bedroom four bathroom poolside showpiece. Sitting elevated on a glorious 763 sqm approx. of landscaped gardens, that uses herringbone parquetry European Oak flooring, soft linen S-fold drapes, brushed gold tapware, designer lighting, thermally insulated window frames, double glazing, tall ceilings, cedar timbers and scores of marble to create a home of peerless prestige. The ultimate indoor outdoor entertainer, this extraordinary home showcases a stunning open plan living and dining domain with wide fireplace, glass framed wine cabinet, sumptuous Smeg appointed kitchen (butler’s pantry) and two sets of sliding stacker doors to the most magnificent alfresco pavilion (terrazzo barbeque kitchen) where you can sit overlooking the kids splashing around in the gorgeous fully tiled pool. The main bedroom suite is an indulgence of 5 star luxury with its own dressing room and opulent dual vanity ensuite. You’ll enjoy the flexibility of the beautiful upstairs retreat and 4 further fabulous bedrooms (walk in robe or built in robes, two with lavish ensuites). A luxe ‘wet zone’ bathroom, pair of powder rooms, fully equipped laundry and huge mudroom completes the interior. Rolling lawns within the lush garden landscape is highlighted with irrigation and lighting, while this elite new home is unmatched with Daikin individual area controlled ducted reverse cycle air conditioning, electric underfloor heating (all bathrooms and laundry), outdoor fans, 3 phase power, CCTV, an alarm system, video intercom, two instant hot water units, ethernet points/Wi-Fi extenders, provisions for solar and pool heating, a storage room in the double auto garage and further driveway parking behind an auto gate. A prominent McKinnon Secondary College zone address, close to Ormond station, Joyce Park, North Road essentials, McKinnon Village cafes and Ormond Primary School.
Listing description written by Sarah Gursansky, Jellis Craig Bentleigh — 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.