Harkness at a glance
12,738
People
$643,500
Median sale
$442/wk
Median rent
3.57%
Suburb gross yield
Median sale from 186 recorded sales (last 12 months) — a Districts calculation.
VIC › Harkness › Borrowdale Rd
$749,000–$769,000
For sale
Asking range
4
Bedrooms
2
Bathrooms
2
Car spaces
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
Asking
$749,000–$769,000
Asking range
No recorded sale for this property.
Harkness at a glance
12,738
People
$643,500
Median sale
$442/wk
Median rent
3.57%
Suburb gross yield
Median sale from 186 recorded sales (last 12 months) — a Districts calculation.
Vs Harkness
+16.4%
Median sale
Suburb $643,500
-0.50 pp
Gross yield
Suburb 3.57%
Suburb median $643,500 from 186 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Based on the low end of the asking range, not a contract price.
$45,567 on top of the price (6.1% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Based on the low end of the asking range, not a contract price.
Pre-filled with Harkness's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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 $442/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.
Gross yield if leased at the suburb aggregate is 3.1%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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
Harkness at a glance
12,738
People
$643,500
Median sale
$442/wk
Median rent
3.57%
Suburb gross yield
Median sale from 186 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by The Roof Real Estate MeltonThe Roof Real Estate Melton proudly presents this exceptional residence - an exquisite blend of modern elegance, spacious comfort, and premium location. This single story family home is
ideally positioned in the prime location of Harkness. With parks, walking trails, childcare and kindergarten centers, Arnold's Creek Primary School, and more just moments away, this location truly offers the perfect family lifestyle.
Perfectly positioned in a highly sought-after location and proudly set on an expansive 716m2 (approx.) allotment, this exceptional residence delivers an unmatched combination of comfort, functionality, and outdoor living.
This beautifully presented home is just moments from quality schools including Wedge Park Primary School, Melton Secondary College, St Catherine of Siena Primary School, and St Francis Catholic College. Enjoy easy access to walking tracks, Navan Park, public transport, and Wood grove Shopping Centre, making everyday living both convenient and connected.
This spacious home offers incredible Boasting four generous Bedrooms, Two bathrooms, and multiple living zones, this home is designed for both relaxation and entertainment. With quality upgrades, a thoughtfully designed floor plan, and a location that connects you to everything, 16 Borrowdale Road , Harkness is more than a house - it's a lifestyle statement. Situated in a sought-after area, this home provides easy access to essential amenities, including schools, parks, shopping centers, and public transport. Enjoy the tranquility of suburban living while staying conveniently connected to everything you need.
Astonishing features …..
*****Façade & Entrance****
# Modern front façade
# Beautifully landscaped front and back yard
# Secure entry with premium fittings and finishes
# Quite Location
# Plenty of parking
*****Master Bedroom****
# Spacious Master bedroom with Ensuite
# Ensuite features Single vanity and quality fixtures
# Carpet flooring for warmth and comfort
# Split Cooling
#Ducted Heating
****Kitchen****
# Kitchen with pantry
# 900mm stainless steel appliances including oven and gas cooktop
# Dishwasher
# 20mm stone benchtops with undermount sink & ample preparation space
# Overhead cupboards for extra storage
# Combination of white & wooden cupboards
****Living***
# Separate lounge at the entrance - ideal for formal living or a quiet retreat.
# Open-plan family and meals area filled with natural light
# Enjoy Year-Round Comfort with Split System Heating & Cooling
# Downlights throughout the main living spaces
# Timber Flooring
***Other Bedrooms***
# Three additional spacious bedrooms with built-in robes
# Quality carpet in all the bedrooms
# Quality Blinds
# Split System Heating & Cooling
*****Central Bathroom***
# Tiled Shower
# Single Vanity
# Central bathroom with bathtub, and quality chrome tapware
****Laundry***
# Laundry with extra storage
# outdoor excess
****miscellaneous*****
# Prayer Room
# Recycling Water tank
# Massive pergola great for entertainment & family get-together .
# Low maintenance backyard,
# Concrete all around the house and backyards
# Side gated access ,
# Double garage with rear access to backyard
Ideal For: Families seeking space, security, and lifestyle convenience, First home buyers looking for a ready-to-move-in property
Investors searching for a high-demand location with growth potential
If you are looking to purchase this masterpiece call us at early convenience and book your private inspection.
Payal Arora on 0435 821 541 E: Payal@theroofrealestate.com.au
Harpreet Mangat on 0416 412 414 E : mangat@theroofrealestate.com.au
We look forward to seeing you at our next open for inspection!
(Photo ID is Required at all Open For Inspections)
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/agency.
Note. All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent.
Please see the below link for an up-to-date copy of the Due Diligence Checklist: http://www.consumer.vic.gov.au/duediligencechecklists.
Please refer to Contract of Sale and/or Lease documentation. All images subject to copyright.
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Listing description written by Payal Arora, The Roof Real Estate Melton — reproduced as published, not verified by Districts.