Riverslea at a glance
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Median sale
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Median rent
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Suburb gross yield
VIC › Riverslea › Cornwells Rd
$740,000
For sale
Asking
3
Bedrooms
1
Bathrooms
3
Car spaces
7,324 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
Asking
$740,000
Asking · $101/m² of land
No recorded sale for this property.
Riverslea at a glance
No data
Median sale
No data
Median rent
No data
Suburb gross yield
$45,006 on top of the price (6.1% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.
No rent is recorded for this listing. Enter a weekly rent to model yield.
Enter a purchase price and weekly rent to calculate yield.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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 and no suburb rent aggregate are loaded. Official bond files are not loaded. Listing rent and suburb aggregates are evidence, not this address’s rent.
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.
0 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
Riverslea at a glance
No data
Median sale
No data
Median rent
No data
Suburb gross yield
Listing material
Listed by Wellington Real EstateEscape to the tranquillity of country living at 145 Cornwells Road, Riverslea, where comfort, space and practicality combine on just under 2 acres of picturesque land. Offering a beautifully renovated home, exceptional shedding and stunning rural views, this property is ideal for families, hobby farmers, tradespeople or anyone seeking a peaceful lifestyle within easy reach of town.
The welcoming home features a light-filled open-plan kitchen, dining and living area designed for relaxed everyday living. The modern kitchen is appointed with Caesarstone benchtops, quality stainless steel appliances and generous storage, while timber flooring and a cosy wood heater create warmth and character throughout the living space.
Accommodation includes three well-proportioned bedrooms, serviced by a stylish central bathroom complete with a spa bath. A wrap-around verandah provides the perfect place to unwind while taking in the scenic outlook towards the Great Dividing Range.
Outside, the property is exceptionally well equipped with a substantial machinery shed and a separate workshop, offering endless possibilities for storage, business use or hobbies. Additional outbuildings, enclosed yard areas and bird aviaries further enhance the property's versatility for those seeking a rural lifestyle with flexibility.
Conveniently located just a short drive from both Maffra and Heyfield, this outstanding lifestyle property offers the perfect balance of country serenity and everyday convenience.
Property Features:
Approximately 7324m2 of picturesque land
Renovated three-bedroom home
Open-plan kitchen, dining and living area
Modern kitchen with Caesarstone benchtops and stainless steel appliances
Timber floors and cosy wood heater
Central bathroom with spa bath
Wrap-around verandah with beautiful rural views
Large machinery shed plus separate workshop
Additional outbuildings and bird aviaries
Enclosed yard
Easy access to Maffra and Heyfield
A rare opportunity to secure a well-appointed lifestyle property offering space, comfort and exceptional infrastructure in a sought-after rural location.
For a Due Diligence Checklist go to: consumer.vic.gov.au/duediligencechecklist
Listing description written by Kevin Read, Wellington Real Estate — reproduced as published, not verified by Districts.
Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
UnknownNo advertised rent and no suburb rent aggregate are loaded. Official bond files are not loaded. Listing rent and suburb aggregates are evidence, not this address’s rent.
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.