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VIC › Spring Gully › The Outlook

141 The Outlook, Spring Gully VIC 3550

Unit

$392,500

Last sold

11 Sept 2025

2

Bedrooms

1

Bathrooms

1

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLast recorded sale $392,500 (11 Sept 2025).(Recorded sale)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  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

$392,500

11 Sept 2025 · derived via latest_sale

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.

See the full Spring Gully report →

Vs Spring Gully

-43.9%

Median sale

Suburb $700,000

+2.67 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 and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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. Sold$392,50011 Sept 2025
  2. Sold$392,50011 Sept 2025
  3. Listedprice unknowncompleted6 Jan 2025
  4. Listedprice unknowncompleted6 Jan 2025
  5. Listedprice unknowncompleted1 Jan 2001
  6. Listedprice unknowncompleted1 Jan 2001

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?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

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.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • 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?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). 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

    Development applications have not been queried 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

Spring Gully in one glance

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.

See the full Spring Gully report →

Keep researching

  • Why Spring Gully? Read the area thesis →
  • What else is on the market in Spring Gully →
  • Other records on The Outlook →

Listing material

Listed by DCK Real Estate

RETIRE TO A SECURE LIFESTYLE

Spend the rest of your life enjoying the security, friendship and relaxed lifestyle offered by living in a supported community.

Set in beautiful leafy landscaped grounds, the Bendigo Retirement Village, situated at 33-35 Mandurang Road, Spring Gully, is just 5 kilometres from the city and offers many community facilities such as a Post Office/shop, regular bus services, 24/7 monitored emergency support, a village office and a community centre for social activities. Regular visits from a local GP, a podiatrist, a hairdresser and a masseur are also available for all residents.

Villa 141 offers two robed bedrooms, a central 3-piece bathroom, spacious living /dining areas and a light-filled U-shaped kitchen boasting electric cooking, a double pantry cupboard, and a breakfast bar.

Read the full description

Enjoy year-round comfort with split system heating/cooling. External awnings, and an established ornamental pear tree shades the front. The single lock-up garage offers direct internal access for security.

Potter in your rear garden with a sunny sitting spot, or join the village community for social events in the village community centre. Facilities include a large hall for indoor bowls and a pool table, a gym, a library, an activity room, a meeting room, a resident's kitchen and the Bamboo Room and bar for more intimate gatherings.

A monthly fee covers:

- Staff (Manager, reception, shop/PO, and garden/maintenance).

- Unit and Common property insurance,

- Maintenance of all Common property buildings, and unit exteriors

-And Much more

Retirement is a new beginning and the world's best coffee break - make the most of it by joining this vibrant village set on approx 18 acres next to One Tree Hill Regional Park, with walking and cycling trails at your front door and local eateries just a short stroll away.

*Purchasers are required to enter into a separate agreement with the retirement village and must be aged 55 or over.

Listing description written by Kaye Lazenby, DCK Real Estate — reproduced as published, not verified by Districts.

Property features

  • Built-in Robes
  • Living Areas: 1
  • Toilets: 1
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.