Flora Hill at a glance
4,040
People
$635,000
Median sale
$460/wk
Median rent
3.77%
Suburb gross yield
Median sale from 40 recorded sales (last 12 months) — a Districts calculation.
VIC › Flora Hill › Leonard Ave
$510,000
Last sold
13 Dec 2024
3
Bedrooms
2
Bathrooms
1
Car spaces
457 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
$510,000
13 Dec 2024 · derived via latest_sale
Local land rate: recorded House sales in Flora Hill (last 5 years) with land size have a median of $911/m² of land (n=82). Districts calculation from recorded sales — not a valuation.
Flora Hill at a glance
4,040
People
$635,000
Median sale
$460/wk
Median rent
3.77%
Suburb gross yield
Median sale from 40 recorded sales (last 12 months) — a Districts calculation.
Vs Flora Hill
-19.7%
Median sale
Suburb $635,000
+0.92 pp
Gross yield
Suburb 3.77%
Suburb median $635,000 from 40 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 $460/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
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
Flora Hill at a glance
4,040
People
$635,000
Median sale
$460/wk
Median rent
3.77%
Suburb gross yield
Median sale from 40 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by PH PropertySituated in close proximity to Latrobe University, Kennington Village and a very short distance to the Bendigo CBD precinct is this beautifully contemporary townhouse that offers privacy, convenience and style on a compact allotment. Superbly presented and ready to move in immediately with vacant possession available mid December, whether you are buying your first home or downsizing to something more manageable, then this is the ideal property for you!
A private driveway leads to a pleasant surprise at the end, where the property opens out offering a single lock up secure garage, that allows access into the house. The brick home is in good order after being well maintained, it is as solid as a rock. And for those who are thinking of either growing or starting their investment portfolio, this is a great opportunity, offering great rental yield, or even the potential for housing you children whilst they attend University.
The floor plan is modern, has plenty of natural lighting, neutral tones, and has a split system to offer comfort all year round. Boasting three carpeted bedrooms – each with built in robes with the master offering a walk-in robe and ensuite. There is a main bathroom convenient to the rest of the home which boasts both shower and bath, along with a separate toilet and separate laundry. A central hallway branches out to a spacious open plan living room, generous dining area, and well-equipped modern kitchen with breakfast bar, loads of cupboards and drawers for storage, under bench oven and gas cooktop and dishwasher.
Outside, there is little to no garden maintenance and upkeep required. Shady trees out the back that create some privacy and shade covering. A paved area wraps around both sides of the property. If you’re looking to relocate somewhere closer to the CBD and close to all amenities, without the hassle of having to maintain gardens and just relax on your time off, this is a great opportunity!
A superb package in a quiet convenient location with vacant possession available to move in in 30 days with nothing more to do but shift your belongings!
Listing description written by Tim Rooke, PH Property — reproduced as published, not verified by Districts.