Casterton at a glance
1,578
People
$320,000
Median sale
$347/wk
Median rent
5.64%
Suburb gross yield
Median sale from 47 recorded sales (last 12 months) — a Districts calculation.
VIC › Casterton › Mcpherson St
$435,000
Last sold
6 Mar 2026
3
Bedrooms
1
Bathrooms
1
Car spaces
567 m²
Land
Districts View
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
$435,000
6 Mar 2026 · derived via latest_sale
Local land rate: recorded House sales in Casterton (last 5 years) with land size have a median of $300/m² of land (n=68). Districts calculation from recorded sales — not a valuation.
Casterton at a glance
1,578
People
$320,000
Median sale
$347/wk
Median rent
5.64%
Suburb gross yield
Median sale from 47 recorded sales (last 12 months) — a Districts calculation.
Vs Casterton
+35.9%
Median sale
Suburb $320,000
-1.49 pp
Gross yield
Suburb 5.64%
Suburb median $320,000 from 47 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
MIXED USE ZONE - SCHEDULE 2
MUZ2
Jurisdiction
Glenelg
Glenelg, VIC
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
VICZoned MIXED USE ZONE - SCHEDULE 2 · MUZ2 (ZN). Official parcel area about 571 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. The listing may look cheap relative to land or the street. What reduces it: DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 4. This overlay can reduce what the land size appears to promise. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $347/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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned MIXED USE ZONE - SCHEDULE 2 · MUZ2 (ZN). Official parcel area about 571 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
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?
KnownlowThe listing may look cheap relative to land or the street. What reduces it: DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 4. This overlay can reduce what the land size appears to promise.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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
Casterton at a glance
1,578
People
$320,000
Median sale
$347/wk
Median rent
5.64%
Suburb gross yield
Median sale from 47 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Nutrien Harcourts CastertonPositioned on a 570m² low-maintenance allotment, 15 McPherson Street presents an exceptional opportunity to secure effortless living in a quiet, well-established central pocket of Casterton. Immaculately maintained and thoughtfully designed, this residence offers comfort, practicality and ease - perfect for retirees, downsizers, investors or those seeking a beautifully kept home with minimal upkeep.
The heart of the home is the light-filled open-plan living, dining and kitchen zone, creating a welcoming space for everyday living and entertaining. The well-appointed kitchen features electric oven and cooktop, generous pantry storage and a convenient breakfast bar, while a split-system ensures year-round comfort. Sliding doors extend the living space seamlessly to the rear veranda - ideal for enjoying a quiet morning coffee or relaxed afternoons.
The home comprises three bedrooms, including a spacious third bedroom complete with built-in robes and its own split system. The bathroom is thoughtfully designed with vanity, bath and separate shower, with toilet seperate for your convenience. Disability-friendly features further enhance accessibility, making this home particularly appealing for retirees seeking comfort, safety and ease of movement.
Outside, the fully enclosed backyard offers privacy and security, all while maintaining an easy-care appeal. With large adjoining garage to the right of the home. The garden neat, tidy and exceptionally well presented - a true reflection of the care this home has received.
Low-maintenance living at its finest, this immaculate property delivers comfort, convenience and long-term peace of mind in one complete package.
Listing description written by Sarah Widdicombe, Nutrien Harcourts Casterton — reproduced as published, not verified by Districts.