Spring Gully at a glance
3,085
People
$700,000
Median sale
$460/wk
Median rent
3.42%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
VIC › Spring Gully › Cook St
$618,000
Last sold
2 May 2024
3
Bedrooms
1
Bathrooms
2
Car spaces
690 m²
Land
151 m²
Building
Districts View
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
$618,000
2 May 2024 · derived via latest_sale
Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.
Local land rate: recorded House sales in Spring Gully (last 5 years) with land size have a median of $870/m² of land (n=87). Districts calculation from recorded sales — not a valuation.
Spring Gully at a glance
3,085
People
$700,000
Median sale
$460/wk
Median rent
3.42%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
Vs Spring Gully
-11.7%
Median sale
Suburb $700,000
+0.45 pp
Gross yield
Suburb 3.42%
Suburb median $700,000 from 27 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 $460/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
UnknownArea
Spring Gully at a glance
3,085
People
$700,000
Median sale
$460/wk
Median rent
3.42%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Belle Property Bendigo | Castlemaine | MaldonEnjoy sophisticated and stylish living in this beautifully presented cream brick home opposite the La Trobe University Athletics Track in Spring Gully. The solid 3-bedroom residence exudes contemporary, on-trend flair and character, providing a light-filled and spacious sanctuary for modern living. Ideal for families, those starting out or downsizers alike, this home, on a generous 690 sqm allotment, will appeal to many, especially considering the extensive updates and luxe finishes throughout.
- Positioned in a fantastic locale, this property offers unparalleled convenience to all your essential needs, including primary and secondary schools, shopping, La Trobe University, and recreation facilities.
- Step inside to discover a comfortable and spacious home with three double bedrooms, each with a built-in robe and ceiling fan.
- Enjoy stylish living with recent updates to all rooms, including a new bathroom, powder room and laundry, updated kitchen sinks, dishwasher and splashback, new barn doors and wall panelling, and a restored roof.
- Benefit from updated central heating, ducted evaporative cooling, and a gas log fire in the main lounge, ensuring optimal comfort every season.
- Luxe black plantation shutters, original art deco glass doors, warm wooden floorboards, and a range of on-trend tiles in the wet areas all add a touch of chic elegance to the home.
- The kitchen features a 900mm ILVE gas stove with a new rangehood, excellent storage space, and an adjoining dining area that leads to a sunny pergola.
- Relax and entertain in style in the spacious rear garden with a lush lawn, fire pit area and established garden.
- The rear double garage (6.6m x 7.6m) includes two electric remote-operated roller doors and a built-in workbench.
- Additional features bound to impress include block-out blinds, Crimsafe security doors, a 6-panel solar system on the garage roof, UV block-out awnings, a garden shed, and a long driveway with access to the rear garage.
- Conveniently located just 4 km from the CBD, this address falls within the Spring Gully Primary School and Bendigo South East College zones, making it an ideal choice for families.
Listing description written by Tim Noonan, Belle Property Bendigo | Castlemaine | Maldon — reproduced as published, not verified by Districts.
Victoria 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.