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VIC › Trafalgar › Gibson St

16 Gibson St, Trafalgar VIC 3824

For saleHouse

$600,000–$660,000

For sale

Asking range

$570,000

Last sold

17 May 2022

4

Bedrooms

2

Bathrooms

2

Car spaces

843 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $600,000–$660,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $600,000–$660,000(Listing record · 28 Aug 2026)
  • CalculationLand 843 m² against a 150 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Trafalgar (last 5 years) with land size: median $807/m² of land (n=101). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 2% below the Trafalgar median recorded sale ($615,000, n=41, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Trafalgar's advertised median rent ($490/wk), implied gross yield would be 4.25% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.
  • FactZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 (GRZ1) under the ZN.(Vicmap Planning · 31 Aug 2026)

What could make it worth less?

  • FactDEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1 intersects 99.8% of this parcel.(Vicmap Planning · 31 Aug 2026)

What should you verify next?

  1. 1DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1 affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$600,000–$660,000

Asking range · $712/m² of land

Last recorded sale $570,000 (17 May 2022).

Local land rate: recorded House sales in Trafalgar (last 5 years) with land size have a median of $807/m² of land (n=101). Districts calculation from recorded sales — not a valuation.

Trafalgar at a glance

4,451

People

$615,000

Median sale

$490/wk

Median rent

4.14%

Suburb gross yield

Median sale from 41 recorded sales (last 12 months) — a Districts calculation.

See the full Trafalgar report →

Vs Trafalgar

-2.4%

Median sale

Suburb $615,000

+0.11 pp

Gross yield

Suburb 4.14%

Suburb median $615,000 from 41 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$600,000
Stamp Duty (Victoria)
$31,070
Transfer/Registration Fee
$1,508
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$636,278

$36,278 on top of the price (6.0% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

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.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Trafalgar's advertised median rent — not a rent for this listing.

Net yield
2.75%
Annual cashflow (pre-tax)
$-14,720
Interest cover (DSCR)
0.53
Annual rent
$25,480
Operating expenses
$9,000
Loan amount
$480,000
Annual interest
$31,200
Gross yield
4.25%

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.

Open the full yield calculator →

Planning

Planning and development

Planning scheme

ZN

Zone

GENERAL RESIDENTIAL ZONE - SCHEDULE 1

GRZ1

Jurisdiction

Baw Baw

Baw Baw, VIC

Planning overlays

  • DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1Detected — 99.8% of parcel

Development activity

Data unavailable

Source

  • Provider: Vicmap Planning
  • Dataset: PLAN_ZONE
  • Retrieved: 31 Aug 2026
  • Version: 1
  • Parcel: 5448608

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

202220242026$570k$600k
  • Sold (recorded)
  • Asking price (not a sale)
  1. Listed$600,000–$660,000available28 Aug 2026
  2. Sold$570,00017 May 2022
  3. Listedprice unknowncompleted31 Mar 2022
  4. Listedprice unknowncompleted31 Mar 2022

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Confidence: medium

Zoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 838 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.

What could kill that thesis?

Confidence: low

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. Official parcel about 838 m² — land size can look like optionality. What reduces it: DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1. 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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $490/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 4.2%. 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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Knownmedium

    Zoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 838 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

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Knownlow

    Official parcel about 838 m² — land size can look like optionality. What reduces it: DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1. This overlay can reduce what the land size appears to promise.

  • Lot-level flood

    Unknown

    Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    No DA adapter returned applications for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Trafalgar in one glance

Trafalgar at a glance

4,451

People

$615,000

Median sale

$490/wk

Median rent

4.14%

Suburb gross yield

Median sale from 41 recorded sales (last 12 months) — a Districts calculation.

See the full Trafalgar report →

Keep researching

  • Why Trafalgar? Read the area thesis →
  • What else is on the market in Trafalgar →
  • Other records on Gibson St →

Listing material

Listed by Boyde & Co Real Estate

Quality Home - Room To Develop!!

Situated in a quiet, tightly held and well-established neighbourhood in Trafalgar, 16 Gibson Street is close to all amenities and within walking distance of Trafalgar Primary & High School. Set on a flat 837m2 allotment with secure side access via the carport, leading to a spacious backyard to enjoy or subdivide, subject to council approval.

This quality four-bedroom family home caters to a diverse range of buyers who will appreciate the convenient proximity to schools and local amenities. Two bedrooms boast walk-in robes, while the remaining two are equipped with built-in robes. The centrally located bathroom serves the household, complemented by an ensuite in the main bedroom.

The kitchen is a highly functional space, complete with a gas cooktop, wall oven, dishwasher, ample bench and cupboard space, and a designated dining area. The living room bathes in natural light at the front of the house, providing plenty of space for the whole family.

Read the full description

16 Gibson Street offers a unique opportunity with a separate lock-up studio featuring its own split-system air conditioner, a highly versatile space for running a business, practical storage, or an additional 5th bedroom.

Entertaining is a breeze with the undercover pergola area. Outside, you'll find a double carport with freshly painted concrete. This allotment provides convenient side access through the carport to the backyard and secure off-street parking. A superb spot to install a larger shed, subject to council approval.

Features include:

Two split-system air conditioners

Natural gas hot water

Ceiling fans

8 Security cameras

Inspections can easily be arranged by contacting Brad Boyde at 0400775388 or Molly Lang on 0499110099.

Listing description written by Brad Boyde, Boyde & Co Real Estate — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Ensuites: 1
  • Living Areas: 1
  • Toilets: 1
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.