Weir Views at a glance
7,712
People
$610,000
Median sale
$426/wk
Median rent
3.63%
Suburb gross yield
Median sale from 152 recorded sales (last 12 months) — a Districts calculation.
VIC › Weir Views › Elpis Rd
$709,000–$739,000
For sale
Asking range
4
Bedrooms
2
Bathrooms
4
Car spaces
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
Asking
$709,000–$739,000
Asking range
No recorded sale for this property.
Weir Views at a glance
7,712
People
$610,000
Median sale
$426/wk
Median rent
3.63%
Suburb gross yield
Median sale from 152 recorded sales (last 12 months) — a Districts calculation.
Vs Weir Views
+16.2%
Median sale
Suburb $610,000
-0.51 pp
Gross yield
Suburb 3.63%
Suburb median $610,000 from 152 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Based on the low end of the asking range, not a contract price.
$43,073 on top of the price (6.1% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Based on the low end of the asking range, not a contract price.
Pre-filled with Weir Views's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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 $426/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.
Gross yield if leased at the suburb aggregate is 3.1%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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
Weir Views at a glance
7,712
People
$610,000
Median sale
$426/wk
Median rent
3.63%
Suburb gross yield
Median sale from 152 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by The Roof Real Estate MeltonThe Roof Real Estate Melton proudly presents a luxury lifestyle awaits you here in a beautiful home at Weir Views Stylish houses have all needed for living, continued quality and high end specifications throughout are guaranteed to impress. This Stunning home open plan living zone ensures plenty of natural light and passive hot water solar elements that are enjoyed throughout the year.
Welcome to this magnificent 4-bedroom, 2-bathroom residence, perfectly designed for modern family living. Situated on a generous block, this property offers an abundance of space both indoors and out, ideal for creating lasting memories.
This designed four bedrooms, two bathrooms along with plenty of room to grow for families. house complete with low maintenance gardens.
This quality home is positioned in one of the most desirable new pockets of Weir Views, this wonderfully presented home has so much to offer to anyone looking for a quality home with ample upgrades. Within close proximity to all levels of schooling, parks, freeway access, Melton South & Opalia Shopping Centre, Melton South and Cobblebank Train Stations, you simply can't go wrong with this prime location!
Features:
****Façade *****
Modern Façade with beautifully done landscaping.
**** Master Bedroom****
Master Suite Executive master suite with walk in robe, carpet, large windows, blinds, Ensuit featuring stone top vanity, rain-head showers and separate toilet an sliding door with backyard access., Evaporative cooling & Heating.
****Kitchen****
Open plan kitchen with separate dining featuring high , 20mm stone bench tops,900mm oven with gas cooktop, Tiled splash back, dishwasher , pantry , ample storage, LED throughout the house.
****Living****
Spacious open plan living and separate formal lounge area with feature wall & blinds , Floorboard, high ceilings, downlights , evaporated heating and cooling,
****Other Bedrooms****
Three Additional spacious size Bedrooms , Carpet flooring , blinds, built-in-rob , Heating
***Miscellaneous ***
Color bond Roof
Sola installed
Hot water pump
Covered Alfresco with screen
Concreted Around the house
Low maintained front yard & backyard with artificial grass
Side Gate Access
Double lock up garage with rear access
Schools & Kindergarten
# Walking to Murrum primary School
# Walking to Murrum kindergarten & childcare
Walking to all the amentias....
Opalia Plaza shopping center -]
McDonalds -
Anytime Fitness Gym
Dosa Hut, Okami, Cheesecake shop & Pizza shop
Weir Views Medical & Dental clinic
Fuel station
Ideal For: Large & growing families, professionals, investors. An opportunity like this is rare to come by and will not last long...….!
Call today and book your viewing..
Payal Arora on 0435 821 541 E: payal@theroofrealestate.com.au
*All information offered by The Roof Real Estate is provided in good faith. It is derived from sources believed to be accurate and current as at the date of publication and as such The Roof Real Estate simply passes this information on. Use of such material is at your sole risk. Prospective purchasers are advised to make their own enquiries with respect to the information that is passed on.
The Roof Real Estate will not be liable for any loss resulting from any action or decision by you in reliance on the information.
PHOTO ID MUST BE SHOWN TO ATTEND ALL INSPECTIONS*
Please see the below link for and up-to-date copy of the Due Diligence Checklist:
https://www.consumer.vic.gov.au/duediligencechecklist
Listing description written by Payal Arora, The Roof Real Estate Melton — reproduced as published, not verified by Districts.