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VIC › Hazelwood North › Hazelwood Ridge

13 Hazelwood Ridge, Hazelwood North VIC 3840

For saleHouse

$1,149,000

For sale

Asking

$600,000

Last sold

20 Sept 2019

3

Bedrooms

2

Bathrooms

6

Car spaces

20,234.282 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,149,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,149,000(Listing record · 3 Aug 2026)
  • FactLand 20,234 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Hazelwood North (last 5 years) with land size: median $39/m² of land (n=20). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 39% above the Hazelwood North median recorded sale ($825,000, n=8, last 24 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Hazelwood North's advertised median rent ($390/wk), implied gross yield would be 1.77% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

  • FactZoned RURAL LIVING ZONE - SCHEDULE 1 (RLZ1) under the ZN.(Vicmap Planning · 2 Sept 2026)

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. 1No 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

The ask against the evidence

Asking

$1,149,000

Asking · $57/m² of land

Last recorded sale $600,000 (20 Sept 2019).

Local land rate: recorded House sales in Hazelwood North (last 5 years) with land size have a median of $39/m² of land (n=20). Districts calculation from recorded sales — not a valuation.

Hazelwood North at a glance

1,526

People

$825,000

Median sale

$390/wk

Median rent

2.46%

Suburb gross yield

Median sale from 8 recorded sales (last 24 months) — a Districts calculation.

See the full Hazelwood North report →

Vs Hazelwood North

+39.3%

Median sale

Suburb $825,000

-0.69 pp

Gross yield

Suburb 2.46%

Suburb median $825,000 from 8 recorded sales (last 24 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,149,000
Stamp Duty (Victoria)
$63,195
Transfer/Registration Fee
$2,793
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,218,688

$69,688 on top of the price (6.1% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

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.

Rental yield

Pre-filled with Hazelwood North's advertised median rent — not a rent for this listing.

Net yield
0.27%
Annual cashflow (pre-tax)
$-56,703
Interest cover (DSCR)
0.05
Annual rent
$20,280
Operating expenses
$17,235
Loan amount
$919,200
Annual interest
$59,748
Gross yield
1.77%

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.

Open the full yield calculator →

Planning

Planning and development

Planning scheme

ZN

Zone

RURAL LIVING ZONE - SCHEDULE 1

RLZ1

Jurisdiction

Latrobe (Vic.)

Latrobe (Vic.), VIC

Official property report

The original government planning document for this property. Sign in to view or download the PDF. Districts facts are a separate GIS extract and may not include every statement in the report.

Planning overlays

  • environmentalNot detected

Development activity

Data unavailable

Source

  • Provider: Vicmap Planning
  • Dataset: PLAN_ZONE
  • Retrieved: 2 Sept 2026
  • Version: 1
  • Parcel: 125318713

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

201920232026$600k$1.15m
  • Sold (recorded)
  • Asking price (not a sale)
  1. Listed$1,149,000available3 Aug 2026
  2. Sold$600,00020 Sept 2019
  3. Listedprice unknowncompleted5 Dec 2018
  4. Listedprice unknowncompleted5 Dec 2018

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?

Confidence: medium

Zoned RURAL LIVING ZONE - SCHEDULE 1 · RLZ1 (ZN). Official parcel area about 20,151 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. 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 $390/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

Gross yield if leased at the suburb aggregate is 1.8%. 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

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.

3 of 10 questions answered so far

  • Development optionality of this lot

    Knownmedium

    Zoned RURAL LIVING ZONE - SCHEDULE 1 · RLZ1 (ZN). Official parcel area about 20,151 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.

  • 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?

    Knownmedium

    Official parcel about 20,151 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.

  • Lot-level flood

    Unknown

    Flood overlay has not been queried for this lot. 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

    No DA adapter returned applications 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

Hazelwood North in one glance

Hazelwood North at a glance

1,526

People

$825,000

Median sale

$390/wk

Median rent

2.46%

Suburb gross yield

Median sale from 8 recorded sales (last 24 months) — a Districts calculation.

See the full Hazelwood North report →

Keep researching

  • Why Hazelwood North? Read the area thesis →
  • What else is on the market in Hazelwood North →
  • Other records on Hazelwood Ridge →

Listing material

Listed by Wilson Property

Peace, Privacy, and Prestige. Perfectly Positioned in Hazelwood North.

Living Here Looks Like

Hazelwood Ridge is the kind of address that rewards slowing down. Electric gates open to a private country setting where rolling paddocks stretch across the landscape, mornings begin with birdsong, and the outlook changes beautifully with every season. Set across approximately five acres, there's room to breathe without the burden of managing a working farm — simply space, privacy, and the freedom that only a genuine lifestyle property can offer. Whether it's coffee on the alfresco as the sun rises over the hills or afternoons spent watching the seasons roll across the surrounding countryside, this is country living that feels peaceful, practical, and completely your own.

On the Area

Read the full description

Positioned in sought-after Hazelwood North, you're surrounded by the best of rural Gippsland while remaining comfortably connected to everyday conveniences. Just over ten minutes from the heart of Traralgon, you'll enjoy easy access to shopping, cafés, schools, medical facilities and sporting clubs, while nearby reserves and natural attractions provide countless opportunities to enjoy the outdoors. It's a location that delivers the space you've been searching for without asking you to sacrifice convenience.

On the Property

Beyond the electric entry gate, every element of this home, built in 2017, has been thoughtfully considered to deliver modern country living without compromise. Soaring ceilings with square-set cornices create an immediate sense of scale, while polished concrete floors, LED lighting and ceiling fans combine to deliver a home that's every bit as practical as it is impressive. A welcoming window seat captures the surrounding landscape beautifully, offering the perfect place to pause with a morning coffee or simply enjoy the ever-changing rural outlook.

The home's intelligent floorplan has been designed with genuine separation between the family and master wings, creating flexibility for growing families or visiting guests. Privately positioned at one end of the home, the master suite is a true parents' retreat. Large enough to comfortably accommodate a super king suite, it also enjoys a walk-in robe, a versatile adjoining study or nursery, and a beautifully finished ensuite featuring floor-to-ceiling tiling, an oversized walk-in shower, Villeroy & Boch fixtures, a Villeroy & Boch bidet and a twin shower.

At the opposite end of the home, two generous queen-sized bedrooms are positioned alongside a dedicated family living room (rumpus) and a beautifully appointed central bathroom featuring premium Villeroy & Boch fixtures.

At the heart of the home, the kitchen combines timeless design with everyday functionality. Premium Miele appliances, including a dishwasher, are paired with thick 40mm stone benchtops, an induction cooktop, filtered water on tap and a concealed rangehood for a clean, contemporary finish. The striking Butler's pantry continues the same premium feel with additional stone benchtops, sleek handleless cabinetry and exceptional storage, allowing the main kitchen to remain beautifully uncluttered whether entertaining or simply enjoying everyday family life.

The laundry is equally impressive, offering extensive cabinetry, expansive stone benchtops and outstanding bench space that transforms a practical room into one of genuine everyday convenience.

Sliding doors extend the living spaces outdoors to a generous covered alfresco where an extended concrete entertaining area captures uninterrupted views across the surrounding hills and pastureland. It's an outlook that changes with every season and provides an exceptional backdrop for entertaining family and friends.

Adding another dimension to the property is the substantial shedding. Fully insulated with large reverse-cycle air-conditioning units to both sections, and complete with power and water connected throughout, one section incorporates a fully self-contained studio complete with further bathroom and hot and cold running water throughout both sections. Whether accommodating extended family, welcoming guests, creating a private teenage retreat or establishing a home office, it's a flexible addition that significantly enhances the property's lifestyle appeal.

In addition, a second large shed measuring approximately 14m x 7m is positioned separately from the house yard, providing outstanding versatility for a wide range of uses. Fully concreted and fitted with excellent lighting, it features three remote-controlled roller doors, including one extra-high door, along with a sliding glass entry door. Whether you're storing caravans, boats, machinery or additional vehicles, creating a workshop, or simply needing exceptional storage space, this substantial second shed offers endless flexibility. Secure, quality fencing throughout the property further enhances its practicality, privacy and ease of management.

Practicality continues behind the scenes with underfloor hydronic heating, a gas log fireplace, a large reverse-cycle air-conditioning unit in the main living area, LPG gas, an ample solar system, high ceilings throughout and a concreted driveway leading to the home and sheds. An external hot and cold flick-mixer tap makes for easy dog washing. Established gardens, mature fruit trees, secure fencing and separate front and rear yards make the property equally suited to families, pets and those who simply appreciate a home where the hard work has already been done.

A neighbouring property runs sheep on the back half of the land, offering flexibility for a new owner who'd prefer not to run stock while keeping maintenance easy. Water is well catered for too, with an approximate 20,000-litre rainwater tank feeding the home and near shed, both of which can run on either tank or town water. The property is also NBN connected.

Country elegance with a metropolitan edge. This is a home that blends sophisticated finishes with genuine everyday functionality, delivering a lifestyle that's increasingly difficult to replicate and even harder to leave.

Home Highlights

- Approximately five acres (2.02ha) of private lifestyle living

- Electric gated entrance with concreted driveway

- Separate family and master accommodation wings

- Soaring ceilings with square-set cornices

- Polished concrete flooring throughout living areas

- Ceiling fans and LED lighting throughout

- Underfloor hydronic heating, gas log fireplace and reverse-cycle air-conditioning

- Designer kitchen with 40mm stone benchtops

- Premium Miele appliances including dishwasher, induction cooktop, concealed rangehood and filtered water on tap

- Butler's pantry with stone benchtops and sleek handleless cabinetry

- Master suite with walk-in robe, study/nursery and luxury twin-shower ensuite

- Premium Villeroy & Boch fixtures to both bathrooms

- Spacious laundry with extensive cabinetry and stone benchtops

- Covered alfresco with extended concrete entertaining area

- Elevated outlook across rolling hills and surrounding pasture

- Large insulated shedding with reverse-cycle air-conditioning, power and water to both sections

- Self-contained studio with bedroom and ensuite

- External hot and cold tap for washing dogs

- Neighbouring sheep grazing available on rear of property, or maintain stock-free

- Approx. 20,000L rainwater tank plus town water connection

- NBN connected

- Double glazing throughout

- Established gardens and fruit trees

- Securely fenced front and rear yards

- Just over ten minutes from Traralgon

If you're searching for a lifestyle property that delivers contemporary luxury, outstanding versatility and the privacy of country living without compromising convenience, contact Al Whitty today to arrange your private inspection.

Listing description written by Alan Whitty, Wilson Property — reproduced as published, not verified by Districts.

Property features

  • Living Areas: 3

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