Willmot at a glance
2,580
People
$845,000
Median sale
$471/wk
Median rent
2.90%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
NSW › Willmot › Houtman Ave
$470,000
Last sold
17 Oct 2019
4
Bedrooms
1
Bathrooms
4
Car spaces
680 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
$470,000
17 Oct 2019 · derived via latest_sale
Local land rate: recorded House sales in Willmot (last 5 years) with land size have a median of $1,209/m² of land (n=61). Districts calculation from recorded sales — not a valuation.
Willmot at a glance
2,580
People
$845,000
Median sale
$471/wk
Median rent
2.90%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Vs Willmot
-44.4%
Median sale
Suburb $845,000
+2.31 pp
Gross yield
Suburb 2.90%
Suburb median $845,000 from 17 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 (pending). 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 $471/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 (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
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
Willmot at a glance
2,580
People
$845,000
Median sale
$471/wk
Median rent
2.90%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Nidus Group Real EstateNidus Group is proud to offer this 4 bedroom house that has everything you could ever want in a home. Occupying commanding corner position and proudly sitting on 680m2 approx. block. This house encapsulates the entertainer’s lifestyle with enough space for all your family and friends. Perfect for the first home buyer or the astute investor.
Potential
+ Build Duplex* or Granny Flat*
Highlight Features
+ 680smq block approx., 4bedroom brick house
+ Freshly painted throughout
+ Brand new carpet
+ Renovated kitchen & laundry
+ Renovated bathroom
+ 2 living area, Lounge + Family
+ Potential to convert family room into 5th bedroom
Features
+ Commanding street appeal with beautifully maintained front and back yard
+ 4bedroom, all with built in wardrobes
+ 1bathrooms, 1 toilet
+ Courtyard overlooking beautifully maintained front yard
+ Renovated lounge with timber floor, feature wall and downlights
+ Renovated kitchen with dishwasher, tiles splashback, pantry and plenty of cupboard space
+ Separate dining
+ Family room at the rear of the house with potential to convert it into 5th bedroom
+ Ducted air conditioning throughout the house
+ Roof painted and restored
+ Concrete driveway to house multiple cars
+ Detached garage plus storage shed
Buyers Note:
+ Council: $390 approx. per quarter
+ Potential rent: $450 per week
*STCA = Subject to council approval
***Nidus Group Real Estate, its directors, employees and related entities believe that the information contained herein is gathered from sources we deem to be reliable. However, no representation or warranties of any nature whatsoever are given, intended or implied. Any interested parties should rely on their own inquiries***
Listing description written by Amit Thaker, Nidus Group Real Estate — reproduced as published, not verified by Districts.