Newtown at a glance
10,393
People
$1,327,500
Median sale
$500/wk
Median rent
1.96%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
VIC › Newtown › Galatea Rd
$395,000–$425,000
For sale
Asking range
0
Bedrooms
0
Bathrooms
0
Car spaces
32,374.851 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
Asking
$395,000–$425,000
Asking range · $12/m² of land
No recorded sale for this property.
Newtown at a glance
10,393
People
$1,327,500
Median sale
$500/wk
Median rent
1.96%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
Vs Newtown
-70.2%
Median sale
Suburb $1,327,500
+4.62 pp
Gross yield
Suburb 1.96%
Suburb median $1,327,500 from 12 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.
$23,499 on top of the price (5.9% 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 Newtown'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 $500/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.
Gross yield if leased at the suburb aggregate is 6.6%. 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
UnknownArea
Newtown at a glance
10,393
People
$1,327,500
Median sale
$500/wk
Median rent
1.96%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by PRD BallaratPositioned in a peaceful and picturesque rural setting, these versatile blocks offer an exceptional opportunity to secure lifestyle land with stunning natural surrounds and future home potential (STCA).
Now subdivided into two separate titles, each parcel presents its own unique appeal while sharing the beauty of the Woady Yaloak River valley.
124 Galatea Road-
Approx. 8 acres
Featuring a prime elevated homesite capturing sweeping valley views, this larger allotment provides ample space for a substantial home, shedding, and hobby farming pursuits.
108 Galatea Road-
Approx. 4 acres
A well-proportioned lifestyle block offering a manageable land size, ideal for building a country home or weekend retreat (STCA).
Both blocks offer elevated positions near the road, while the land gently slopes down toward the river flats, creating a scenic and functional landscape. The fenced pasture is well suited for grazing livestock or keeping a pony.
Key Features:
• Two separately titled lifestyle lots
• 124 Galatea Rd: approx. 8 acres
• 108 Galatea Rd: approx. 4 acres
• Rural Living Zone (RLZ)
• Elevated homesites with expansive valley views (STCA)
• Gently undulating land leading to river flats
• Fenced pasture suitable for grazing
• Power available in the area
• Surrounded by quality homes
A huge advantage and complementing this Property is a valuable 5-megalitre water licence currently held.
This Woady Yallock waterhole has a strong history of supplying water - and providing a dependable resource for stock, Irrigation or future lifestyle uses.
This Licence can be transferred to either block.
Conveniently located just 10 minutes to Smythesdale and approximately 25 minutes from Ballarat, with Newtown (Scarsdale) Primary School nearby, these properties offer the perfect balance of rural lifestyle and accessibility.
Whether you're looking to build your dream home, establish a hobby farm, or invest in a peaceful country holding, this is an opportunity not to be missed.
Enquire today to secure your rural lifestyle opportunity.
Ballarat's Best-Selling Team
Listing description written by Brittany Holland, PRD Ballarat — 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.