Miners Rest at a glance
3,862
People
$690,000
Median sale
$360/wk
Median rent
2.71%
Suburb gross yield
Median sale from 45 recorded sales (last 12 months) — a Districts calculation.
VIC › Miners Rest › Baxter St
$515,000
Last sold
17 May 2020
4
Bedrooms
2
Bathrooms
2
Car spaces
575 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
$515,000
17 May 2020 · derived via latest_sale
Local land rate: recorded House sales in Miners Rest (last 5 years) with land size have a median of $955/m² of land (n=95). Districts calculation from recorded sales — not a valuation.
Miners Rest at a glance
3,862
People
$690,000
Median sale
$360/wk
Median rent
2.71%
Suburb gross yield
Median sale from 45 recorded sales (last 12 months) — a Districts calculation.
Vs Miners Rest
-25.4%
Median sale
Suburb $690,000
+0.92 pp
Gross yield
Suburb 2.71%
Suburb median $690,000 from 45 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 $360/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
Miners Rest at a glance
3,862
People
$690,000
Median sale
$360/wk
Median rent
2.71%
Suburb gross yield
Median sale from 45 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Buxton BallaratA sensational modern family home, previously a Metricon display home and as such, incorporates many additional features. Built to entertain, the open plan sitting, meals and kitchen area flows seamlessly through corner stacker doors out to the covered decked alfresco and fire pit area, the ideal space to entertain with friends or simply unwind, rest and relax.
You will be pleasantly surprised by the interior elegance in this home and the grand proportions offered through its three separate living zones, the formal lounge with feature gas log fire, the white high gloss kitchen with contrasting wood cupboards at eye level is complete with a walk in pantry, 900mm cooker and integrated dishwasher.
You have four generous bedrooms plus a study, the master suite is of king size proportions and features a wonderful ensuite and well fitted out walk in robes, the remaining three bedrooms all have built in robes with a wonderful size study at the front of the home. The home also incorporates gas central heating and evaporative cooling throughout.
With plenty of parklands to explore and brilliant access to the Western Freeway this home is perfectly positioned the commute to Melbourne, close to IGA supermarket and only minutes back into the centre of town, this locale has everything you need including schools, shops and public transport.
This home would also make an ideal investment as it is tenanted until Feb 2020 to excellent tenants who would be delighted to stay on but can also be sold with vacant possession. Sure to impress both inside and out, don’t wait, call now to book your private viewing today.
Listing description written by Peter Burley, Buxton Ballarat — reproduced as published, not verified by Districts.