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VIC › Kerang › Wattle Ave

131 Wattle Ave, Kerang VIC 3579

House

3

Bedrooms

2

Bathrooms

4

Car spaces

579 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLand 579 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Kerang (last 5 years) with land size: median $377/m² of land (n=50). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 (GRZ1) under the ZN.(Vicmap Planning · 1 Sept 2026)

What could make it worth less?

  • FactSPECIFIC CONTROLS OVERLAY - PS MAP REF SCO2 intersects 99.8% of this parcel.(Vicmap Planning · 1 Sept 2026)

What should you verify next?

  1. 1SPECIFIC CONTROLS OVERLAY - PS MAP REF SCO2 affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  2. 2No 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

What this lot has actually traded at

Last sold

No recorded sale price for this property yet.

Local land rate: recorded House sales in Kerang (last 5 years) with land size have a median of $377/m² of land (n=50). Districts calculation from recorded sales — not a valuation.

Kerang at a glance

3,786

People

$620,000

Median sale

$344/wk

Median rent

2.89%

Suburb gross yield

Median sale from 5 recorded sales (last 12 months) — a Districts calculation.

See the full Kerang report →

Planning

Planning and development

Planning scheme

ZN

Zone

GENERAL RESIDENTIAL ZONE - SCHEDULE 1

GRZ1

Jurisdiction

Gannawarra

Gannawarra, VIC

Planning overlays

  • environmentalDetected

Development activity

Data unavailable

Source

  • Provider: Vicmap Planning
  • Dataset: PLAN_ZONE
  • Retrieved: 1 Sept 2026
  • Version: 1
  • Parcel: 5012060

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

  1. Soldprice unknown26 June 2025
  2. Listedprice unknowncompleted7 May 2025
  3. Listedprice unknowncompleted7 May 2025

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 GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 581 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. The listing may look cheap relative to land or the street. What reduces it: SPECIFIC CONTROLS OVERLAY - PS MAP REF SCO2. Airport or OLS height limits can cap redevelopment even if zoning looks generous. 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 $344/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

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

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 GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 581 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?

    Knownlow

    The listing may look cheap relative to land or the street. What reduces it: SPECIFIC CONTROLS OVERLAY - PS MAP REF SCO2. Airport or OLS height limits can cap redevelopment even if zoning looks generous.

  • 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

Kerang in one glance

Kerang at a glance

3,786

People

$620,000

Median sale

$344/wk

Median rent

2.89%

Suburb gross yield

Median sale from 5 recorded sales (last 12 months) — a Districts calculation.

See the full Kerang report →

Keep researching

  • Why Kerang? Read the area thesis →
  • What else is on the market in Kerang →
  • Other records on Wattle Ave →

Listing material

Listed by Graeme Hayes Real Estate

Stunning 3 Bedroom Renovated Home in Prime Location

Welcome to your dream home! This beautifully renovated 3-bedroom, 2-bathroom residence boasts modern elegance and functional design, perfect for families or professionals seeking comfort and convenience.

Gourmet Kitchen:

Step into the stunning kitchen, featuring top-quality fittings that will impress any home chef. Enjoy the luxury of stone benchtops, soft-close cabinetry, and a suite of quality appliances, including an electric wall oven, dishwasher, and electric stovetop. The excellent pantry with automatic sliding drawers provides ample storage, while the kitchen seamlessly integrates with the dining and living areas, making it perfect for entertaining.

Read the full description

Thoughtful Design:

The smart laundry space off the kitchen comes equipped with laundry appliances, adding to the home's practicality.

Comfortable Bedrooms:

The master bedroom is a true retreat, complete with built-in robes, an ensuite boasting a large shower recess and floor-to-ceiling tiling, as well as a split system and ceiling fan for year-round comfort. The second bedroom also features built-in robes, a split system, and ceiling fan, while the third bedroom is currently utilized as a home office, equipped with a split system, ceiling fan, desk, cabinets, and a cavity door for added privacy.

Inviting Living Space:

The north-facing living area is bathed in natural light and includes a split system air conditioning unit, an electric imitation log heater, and a ceiling fan, ensuring a cozy atmosphere all year round.

Modern Bathrooms:

The main bathroom is elegantly tiled, featuring a shower, vanity, and toilet, providing both style and functionality.

Outdoor Oasis:

Step outside to discover a well-maintained, low-maintenance, secure yard, perfect for relaxing or entertaining. The property includes a garage/workshop and an enclosed carport with an automatic roller door that doubles as an outdoor entertainment area. A garden shed is also included for additional storage.

Impressive Upgrades:

This property has undergone extensive renovations, featuring five split systems, new front windows and frames, updated lighting throughout, and so much more. It’s truly a move-in-ready home for anyone seeking a quality, low-maintenance brick veneer in an excellent location.

Don’t miss your chance to own this stunning home! Schedule a viewing today!

Listing description written by Nathan Hipworth, Graeme Hayes Real Estate — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Courtyard
  • Dishwasher
  • Fully Fenced
  • Living Areas: 1
  • Secure Parking
  • Shed
  • Study
  • Toilets: 2
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.