Wamboin at a glance
1,838
People
$1,700,000
Median sale
$887/wk
Median rent
2.71%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
$780,000
Last sold
28 Aug 2017
4
Bedrooms
1
Bathrooms
1
Car spaces
44,474.952 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
$780,000
28 Aug 2017 · derived via latest_sale
Local land rate: recorded Rural Property sales in Wamboin (last 5 years) with land size have a median of $49/m² of land (n=9). Districts calculation from recorded sales — not a valuation.
Wamboin at a glance
1,838
People
$1,700,000
Median sale
$887/wk
Median rent
2.71%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
Vs Wamboin
-54.1%
Median sale
Suburb $1,700,000
+3.20 pp
Gross yield
Suburb 2.71%
Suburb median $1,700,000 from 5 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
NSWPlanning 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 (processing). Missing layer is unknown, not “no.” NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Rental
No advertised rent is recorded. Suburb median rent $887/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. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet. 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. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
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
UnknownNSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
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 (processing). 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
UnknownNo DA adapter returned applications for this parcel.
Statutory land value versus ask
UnknownNSW Valuer General land values are not loaded for this property yet.
Net yield / holding costs
UnknownNSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Area
Wamboin at a glance
1,838
People
$1,700,000
Median sale
$887/wk
Median rent
2.71%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Sutton Real Estate SalesIf you've been watching the rural market in the local region, you'll understand that finding a home on acres for under $800,000 is becoming very difficult, if not impossible. Well we're about to make your day! 1390 Norton Road in Wamboin is an absolute gem and provides all of the qualities that you may think will be compromised at this price. A long driveway provides sanctuary from the road and a peaceful setting for this pristinely presented 4 bedroom residence. As you enter, you'll notice the large windows offering a pleasant vista in every direction, whilst timber covered floors throughout the living areas, reflect the warm light and provide a practical surface for country living. The floorplan has been optimised to provide both space and functionality, encompassing two living areas and four bedrooms. The more formal living space is supported by a less formal family room, which is centred around the kitchen and opens onto a sunny outdoor entertaining space. Each of the bedrooms is of generous proportions, easily accommodating a double bed as a minimum, with the over-sized main proportioned to accept a king sized bed. A garage with internal access, not only provides car accommodation but also an option for future expansion of living areas. The aesthetically pleasing 10 acres affords ample space for those rural pursuits, with a pleasant mix of advanced eucalyptus offering shelter to the paddocks and a backdrop to the picturesque dams. The gently undulating terrain would be suitable for a range of livestock or perhaps viticulture and alike. As a package and at this unbelievable price, our expectations are that this opportunity will pass quickly - enquiries from prospective buyers in the sub $800,000 price range are plentiful and usually unsatisfied. Until now!
Listing description written by Ben Lee, Sutton Real Estate Sales — reproduced as published, not verified by Districts.
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