Watsonia North at a glance
3,785
People
$975,000
Median sale
$540/wk
Median rent
2.88%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
VIC › Watsonia North › Elwers St
4
Bedrooms
2
Bathrooms
3
Car spaces
544 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Watsonia North (last 5 years) with land size have a median of $1,610/m² of land (n=95). Districts calculation from recorded sales — not a valuation.
Watsonia North at a glance
3,785
People
$975,000
Median sale
$540/wk
Median rent
2.88%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
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 $540/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
UnknownVictoria 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.
Area
Watsonia North at a glance
3,785
People
$975,000
Median sale
$540/wk
Median rent
2.88%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White Diamond CreekAccentuated by a distinctive rendered faade, style and presentation go hand in hand in this home, skilfully renovated to deliver an easy modern family lifestyle.
Radiating easy to live with luxury over two spacious floors, the thoughtful array of living and entertainment spaces, are enhanced by a great location a short walk to the bus, Binnak Park, primary and preschools and a leisurely stroll to the station, vibrant Watsonia Village, Loyola and Concord.
Offering everything the family could wish for, the lower level introduces a brilliant fitted home office, perfect for those of us looking to work from home, it is complemented by two bedrooms including main with enormous, custom-built fitted walk-in robe, stunning luxury bathroom with deep soaker tub, lounge room and a meals area complete with a deluxe kitchen.
Showcasing custom finishes to the soft close cabinetry, stone tops including to the breakfast island a 900 mm Smeg range, and Miele dishwasher it will inspire the most jaded chef to whip up a culinary storm whatever the event!
Timber stairs take you to two first floor bedrooms, a bathroom that's equally as impressive as the one downstairs and a super-sized rumpus/retreat. Complete with fitted cabinetry and opening to a large terrace, you'll need to move fast to claim it before the kids do!
Complementing the internal spaces is a deck opening from the meals and a separate decked gazebo in a private rear yard where established plants surround a lush lawn.
Tandem garage with auto door
Double carport
Underhouse storage
Ducted heating and Evaporative cooling
Alarm
CCTV
Fitted laundry
Double glazed windows
Timber floors to living
Ample built-in storage
Watering system
Walk everywhere location
Online Auction Link - https://meet.google.com/dki-prfv-taq
For Bidder Registrations - https://portal.bidtracker.com.au/auctions/d31d4168-b8ff-4590-9ad0-f0162e371f13/register-bidder/
PHOTO ID REQUIRED FOR INSPECTIONS
Alan King - 0416 150 664
https://www.consumer.vic.gov.au/duediligencechecklist
Listing description written by Alan King, Ray White Diamond Creek — reproduced as published, not verified by Districts.
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