Burnside Heights at a glance
6,450
People
$799,500
Median sale
$546/wk
Median rent
3.55%
Suburb gross yield
Median sale from 50 recorded sales (last 12 months) — a Districts calculation.
VIC › Burnside Heights › Parkes Way
3
Bedrooms
2
Bathrooms
2
Car spaces
210 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 Burnside Heights (last 5 years) with land size have a median of $1,708/m² of land (n=114). Districts calculation from recorded sales — not a valuation.
Burnside Heights at a glance
6,450
People
$799,500
Median sale
$546/wk
Median rent
3.55%
Suburb gross yield
Median sale from 50 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 $546/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
Burnside Heights at a glance
6,450
People
$799,500
Median sale
$546/wk
Median rent
3.55%
Suburb gross yield
Median sale from 50 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Q6 Real Estate MeltonABC Real Estate is excited to present this opportunity to own a piece of real estate in one of the most sought-after neighbourhoods of Burnside Heights. If you have been searching for a property offering harmony and calmness yet close to all amenities, you found one. This spacious family home has a very functional floor plan. You will be amazed by the house's vastness, beauty, and sheer spaciousness from the minute you walk through the entrance. The ground level features a formal living room, powder room attached to laundry and kitchen that is faultless in design and practicality.
Some of the many highlights of this beautiful property are:
* 3 bedrooms including 2 bedrooms with BIR's and master bedroom with WIR, ensuite & private balcony with exceptional views of the waterways and reserve.
* Oversized double remote garage with loft suitable for Office/Rumpus/4th Bedroom.
* Large kitchen with quality appliances, stone benchtop, dishwasher and meals area.
* Ducted heating, evaporative cooling, high ceilings, quality tiles, downlights, alarm system, and timber staircase.
* Low maintenance allotment with timber decking for outdoor entertainment.
Enjoy swift access to freeways, medical centres, childcare, schools, wetland parks and creeks. Additionally, easy access to Taylors Road opens the door to reaching Watervale Shopping Centre or CS Square in minutes!
Join us for the Auction Saturday, 29th April 2023 at 1:15pm!
Get in touch with Amit 0433 822 987 or Mani 0425 370 001 today!
*DISCLAIMER: Every precaution has been taken to establish the accuracy of the above information but it does not constitute any representation by the vendor or agent.
Listing description written by Amit Asija, Q6 Real Estate Melton — reproduced as published, not verified by Districts.
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