Nareen at a glance
No data
Median sale
No data
Median rent
No data
Suburb gross yield
6
Bedrooms
3
Bathrooms
2
Car spaces
500,000 m²
Land
Districts View
View not ready — official layers are still retrieving for this property. Official planning layers still retrieving. Flood / bushfire / heritage not yet retrieved. No recorded sale price for this property. Districts does not score a property it cannot yet see.
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
No recorded sale price for this property yet.
Nareen at a glance
No data
Median sale
No data
Median rent
No data
Suburb gross yield
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 and no suburb rent aggregate are loaded. Official bond files are not loaded. Listing rent and suburb aggregates are evidence, not this address’s rent.
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.
0 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
UnknownNo advertised rent and no suburb rent aggregate are loaded. Official bond files are not loaded. Listing rent and suburb aggregates are evidence, not this address’s rent.
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
Nareen at a glance
No data
Median sale
No data
Median rent
No data
Suburb gross yield
Listing material
Listed by Groves Real EstateWallabadah is a 124 acre/ 50ha (approx.) property offering multiple income opportunities. At present, the property is operating as a successful flower farm, with the opportunity to expand the business beyond $200,000 per year income.
With its fertile and well drained soils, Wallabadah is currently growing around 12 acres of cut flowers, including proteas, king proteas, spinning wheels, blushing brides. The property is blessed with a small private lake and irrigation licence, assisting a number of income streams, potentially including vegetables, lucerne, aquaculture and lot feeding cattle or lambs.
The property also features a substantial family home, offering four bedrooms, two bathrooms and three living areas. The open plan kitchen, living and meals has gas cooking, along with a dishwasher and walk-in pantry, while a separate, formal lounge has a cosy appeal, with a stone fireplace and French doors showcasing garden views.
There is an ensuite and walk-in robe in the spacious master bedroom and a further three large bedrooms, two with built-in robes.
The addition of a separate, self-contained double storey two-bedroom bungalow at the rear of the main home provides the owners with further accommodation for family members or the potential to rent out and generate further income.
The property is divided into 14 fenced paddocks including horse paddocks with laneway and also features machinery sheds, three stand shearing shed with under cover yards, timber cattle yards and loading ramp, flower packing shed, Olympic size dressage area, stable and tack room.
With the school bus available, this family-friendly property offers buyers with the country lifestyle, along with the requirements to run a productive horticulture venture with the capacity for further growth.
Nareen is situated approximately 25 from Coleraine, with the larger centres of Hamilton (60km) and Mt Gambier (105km) also close by. Inspections are strictly with the selling agents.
Listing description written by Darren Groves, Groves Real Estate — reproduced as published, not verified by Districts.