Newington at a glance
1,719
People
$630,000
Median sale
$433/wk
Median rent
3.57%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
VIC › Newington › Nightingale St
$820,000
Last sold
22 Dec 2020
4
Bedrooms
2
Bathrooms
1
Car spaces
320 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
$820,000
22 Dec 2020 · derived via latest_sale
Local land rate: recorded House sales in Newington (last 5 years) with land size have a median of $1,272/m² of land (n=70). Districts calculation from recorded sales — not a valuation.
Newington at a glance
1,719
People
$630,000
Median sale
$433/wk
Median rent
3.57%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Vs Newington
+30.2%
Median sale
Suburb $630,000
-0.82 pp
Gross yield
Suburb 3.57%
Suburb median $630,000 from 15 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 $433/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
Newington at a glance
1,719
People
$630,000
Median sale
$433/wk
Median rent
3.57%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by McGrath BallaratMeticulously designed and constructed to exacting standards, and owner styled to perfection. This simply breath taking central Newington entertainers abode offers the ultimate inner city lifestyle.
• Beyond the gorgeous cottage façade is an incredibly deceptive masterpiece, seamlessly blending the old with the new with a second storey Cypress Shiplap addition and rear lower level extension.
• Stunning study or 4th bedrooms at the front of the home with gorgeous feature panel walls and built in cabinetry and shelving.
• The luxurious master suite is bathed in northern sunshine, and sports a well-appointed walk through robe that leads you into the stunning ensuite bathroom.
• The natural flow of the home is a key feature, as you find your way into the first of two living areas which makes a wonderful everyday lounge.
• This carries you through to the rear extension with a sun drenched central dining area, opening up to the breathtaking rear living area and designer kitchen, complete with matte black cabinetry, stone benchtops, and an integrated bar.
• You'll love the gas strut servery window, which allows you to cater for your guests from the kitchen/bar inside, whilst they enjoy dining outside.
• Gorgeous laundry space offers a well designed fit out, and the downstairs powder room offers toilet/wash facilities downstairs.
• Head on up the feature stair case to the upper level of the home, where you will discover a further two bedrooms with built in robes, with the back bedroom also boasting a trendy balcony for outdoor enjoyment.
• The main bathroom is lavish in its design, with a feature freestanding bath, walk in shower, and floor to ceiling tiles.
• The entertainers deck features off the downstairs living area, with a built in bbq and outdoor kitchen, bar bench under the servery window, and plenty of room for your full size outdoor dining table.
• Through to the back of the block, where you will love the versatility of your external studio space, and the oversize garage space which has been converted into a mancave/gym. This building has also been expertly reclad in Cypress Shiplap to ensure consistency from front to back.
• Exposed aggregate driveway in a darker finish is a clever and classy choice, and leads you to the single car space behind gates to give you off street vehicle security.
• Finished to perfection, this is so much more than just a home. Its an enviable lifestyle that awaits. Inspect today.
Listing description written by Daniel Nestor, McGrath Ballarat — reproduced as published, not verified by Districts.