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VIC › Watsonia North › Macorna St

124 Macorna St, Watsonia North VIC 3087

House

$760,000

Last sold

27 June 2020

3

Bedrooms

2

Bathrooms

4

Car spaces

536 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $760,000 (27 June 2020).(Recorded sale)
  • FactLand 536 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Watsonia North (last 5 years) with land size: median $1,610/m² of land (n=95). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$760,000

27 June 2020 · derived via latest_sale

Local land rate: recorded House sales in Watsonia North (last 5 years) with land size have a median of $1,610/m² of land (n=95). Districts calculation from recorded sales — not a valuation.

Watsonia North at a glance

3,785

People

$975,000

Median sale

$540/wk

Median rent

2.88%

Suburb gross yield

Median sale from 27 recorded sales (last 12 months) — a Districts calculation.

See the full Watsonia North report →

Vs Watsonia North

-22.1%

Median sale

Suburb $975,000

+0.81 pp

Gross yield

Suburb 2.88%

Suburb median $975,000 from 27 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$760,00027 June 2020
  2. Listedprice unknowncompleted2 June 2020
  3. Listedprice unknowncompleted2 June 2020

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $540/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Watsonia North in one glance

Watsonia North at a glance

3,785

People

$975,000

Median sale

$540/wk

Median rent

2.88%

Suburb gross yield

Median sale from 27 recorded sales (last 12 months) — a Districts calculation.

See the full Watsonia North report →

Keep researching

  • Why Watsonia North? Read the area thesis →
  • What else is on the market in Watsonia North →
  • Other records on Macorna St →

Listing material

Listed by Barry Plant North Eastern Group

Quality Family Living In Prime Location

Sold Brayden Schmidt 0434 688 175

Adding to the promise of quality living is the prime location of this fantastic home in a quiet family neighbourhood only moments away from reputable schools including Loyola College, Watsonia and Watsonia North Primary Schools as well as Binnak Parklands, Watsonia Rd shops, Library and Train Station. This stunning home offers flexible relaxation and entertainment zones perfect for hosting with ample space for children, pets, and adults to enjoy.

Upon entry you are blessed with an expansive front lounge area that leads through to a light filled kitchen and dining zone complemented with quality appliances, and an abundance of bench and cupboard space. From the kitchen it continues onto another family room that opens out onto your very own large outdoor entertaining alfresco area that is fantastic space for gathering round with family and friends all seasons of the year! The home also comprises of 3 generous sized bedrooms (all completed with BIR, the Master with WIR and ensuite), a large central family bathroom including a spa bath and the toilet separate, and a sizeable laundry area.

Read the full description

This home is a must see! Don't miss out and enquire now.

Additional Features:

- Two strip panel heaters and lighting available in the alfresco area

- Four car secure garage

- Ducted Heating and Evaporative Cooling Available

Open Home Notice:

Due to the impact COVID-19 is currently having on our community, we are taking proactive steps to help protect the health and safety of our clients including;

* Please use the sanitizer provided prior to entry, and while in the property please avoid touching surfaces, where possible.

* Social Distancing is expected, please keep at least 1.5 metres away from other attendants.

* Please do not enter the property if you are feeling unwell.

* You will be asked for your full name, phone number and photo ID

* There will be a Maximum number of 20 people (including children) allowed in the house at one time. This may result in a short wait to enter the premises.

* We will ask all attendants to ensure they have the COVIDSAFE app downloaded and running.

If you have any concerns or questions, please don't hesitate to ask your agent.

***PHOTO ID REQUIRED AT OPEN FOR INSPECTIONS***

Listing description written by Brayden Schmidt, Barry Plant North Eastern Group — reproduced as published, not verified by Districts.

Property features

  • Toilets: 2

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Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.