Orana at a glance
2,157
People
$700,000
Median sale
$566/wk
Median rent
4.20%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
$320,000
Last sold
19 Apr 2021
3
Bedrooms
1
Bathrooms
4
Car spaces
901 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
$320,000
19 Apr 2021 · derived via latest_sale
Local land rate: recorded House sales in Orana (last 5 years) with land size have a median of $485/m² of land (n=74). Districts calculation from recorded sales — not a valuation.
Orana at a glance
2,157
People
$700,000
Median sale
$566/wk
Median rent
4.20%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Vs Orana
-54.3%
Median sale
Suburb $700,000
+5.00 pp
Gross yield
Suburb 4.20%
Suburb median $700,000 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
WAWA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 901 m² — that is not official geometry. 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.” Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $566/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. Nearby development applications are not loaded for this property. 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
UnknownWA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 901 m² — that is not official geometry.
Nearby development pipeline
UnknownNearby development applications are not loaded for this property.
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
Orana at a glance
2,157
People
$700,000
Median sale
$566/wk
Median rent
4.20%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Merrifield Real EstateHere's brilliant value buying for first home buyers or families on a budget or investors on the lookout for a solid rental – it's a sizeable mid-1970s property in a quiet street about seven minutes' drive from the City.
You get a lot of property for your money here – a three-bedroom home, a one-bedroom freestanding studio and a double garage-workshop with a double carport.
All this is on a 901sqm block with fenced front and back yards.
From the street, the neatly trimmed lawns and well-tended garden beds give an indication of the calibre of the inside, which is lovely and clean throughout.
While the kitchen and bathroom are a tad dated – though certainly serviceable – it wouldn't take much to bring them bang up to date. So picking up this substantial property in an affordable price bracket would set new buyers off to a fine start, and any work they chose to do could easily be carried out while living there.
There's a comfy lounge with a wood fire at the front and a meals area adjoining the kitchen, which has timber cabinetry and a good gas cooker. Glass doors from the meals area open onto a terrific sheltered, paved patio, ideal for family parties and barbies all year round.
The main bedroom at the front is a queen and the other two are good-sized singles/doubles, perfect kids' rooms with space for desks, and for the parents, there's an office or study off the lounge. The bedrooms, lounge and study are all fitted with good carpet.
The bathroom has a bath, shower and vanity, the toilet is separate and the laundry is at the back door.
At the rear of the block sits the impressive studio. This insulated space consists of one big, open room with kitchen facilities on one side and a combined shower room, toilet and laundry.
A driveway leads past the house to the big garage-workshop. This is well set up with a wood fire, a toilet, lighting and workbenches with power, and space for two vehicles in addition to a two-bay carport on the front.
A rainwater tank, garden shed and plenty of off-road parking are other advantages.
Its location a short drive or bike ride from schools, TAFE, supermarkets and town make this property even more appealing to buyers recognising value for money.
What you need to know:
- Neat, tidy brick and tile home
- 901sqm block
- Lounge with wood fire
- Kitchen/meals
- Long, sheltered patio
- Office or study
- Queen sized main bedroom
- Two good-sized single/double bedrooms
- Bathroom with bath, walk-in shower, vanity
- Separate toilet
- Laundry
- Good carpets in lounge, study and bedrooms
- Separate studio consisting of one big room, kitchen facilities, combined shower room and laundry
- Double-bay shed-workshop with power, workbenches, wood fire, toilet
- Double carport at front of shed
- Rainwater tank, garden shed
- Good off-road parking
- Council rates $2,090.58
- Water rates $1,463.15
Listing description written by Kyle Sproxton, Merrifield Real Estate — reproduced as published, not verified by Districts.