Derrimut at a glance
8,944
People
$835,000
Median sale
$494/wk
Median rent
3.08%
Suburb gross yield
Median sale from 47 recorded sales (last 12 months) — a Districts calculation.
VIC › Derrimut › Oakham Glade
$745,000
Last sold
27 June 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
494 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
$745,000
27 June 2024 · derived via latest_sale
Local land rate: recorded House sales in Derrimut (last 5 years) with land size have a median of $1,630/m² of land (n=103). Districts calculation from recorded sales — not a valuation.
Derrimut at a glance
8,944
People
$835,000
Median sale
$494/wk
Median rent
3.08%
Suburb gross yield
Median sale from 47 recorded sales (last 12 months) — a Districts calculation.
Vs Derrimut
-10.8%
Median sale
Suburb $835,000
+0.37 pp
Gross yield
Suburb 3.08%
Suburb median $835,000 from 47 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
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 $494/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
Derrimut at a glance
8,944
People
$835,000
Median sale
$494/wk
Median rent
3.08%
Suburb gross yield
Median sale from 47 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Path Real EstateSituated in a highly sought-after area of Derrimut, this meticulously planned home offers an exceptional living experience amidst a vibrant neighborhood filled with essential amenities, schools, and parks. Representing the epitome of modern family living, this single-level residence features a spacious and thoughtfully designed layout.
The dynamic floor plan seamlessly integrates the living, dining, and kitchen areas, creating a central hub ideal for entertaining guests. Natural light floods the interior, extending effortlessly to the outdoor pergola and expansive backyard.
The kitchen is a standout feature, boasting quality appliances, stone benchtop, and ample storage space, including a waterfall feature to the island benchtop. Accommodation comprises four generously sized bedrooms, each equipped with built-in robes, with the master bedroom featuring a private ensuite and walk-in wardrobe.
Features you will love:
• Master bedroom with ensuite & walk-in wardrobe
• Laminated Floorboards throughout
• LED Downlights in the living Area
• Open-plan living area and formal living areas
• 2.5kw solar sytem
• Internal laundry with cupboards and storage
• 40mm stone benchtop with Waterfall feature
• Remote-controlled, double lock-up garage with internal access
• Low-maintenance front and back yards
Location Highlights:
• Approximately 5 minutes' drive to Deer Park Train Station and Derrimut Village shopping centre
• A minutes walk to the St Lawerence Primary School, Deerimut Primary School and Childcare Centre
• Close Proximity to local parks, bus stops, and Western Freeway.
The opportunity to own this magnificent family home really won't last long. Call Pavan Paturi at 0406 669 904 or Kanwal Singh at 0481 347 548 today to book your private inspection.
PLEASE NOTE:
** Virtual staging used in the Pictures is for illustration Purpose only **
DISCLAIMER: This document has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies. Accordingly, all interested parties should make their own enquiries to verify the information.
Please see the below link for an up-to-date copy of the Due diligence checklist: http://www.consumer.vic.gov.au/duediligencechecklist.
Listing description written by Pavan Paturi, Path Real Estate — reproduced as published, not verified by Districts.