Bunyip at a glance
3,461
People
$880,000
Median sale
$486/wk
Median rent
2.87%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
VIC › Bunyip › Princess St
$740,000
Last sold
30 Oct 2023
3
Bedrooms
1
Bathrooms
4
Car spaces
1,319 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
$740,000
30 Oct 2023 · derived via latest_sale
Local land rate: recorded House sales in Bunyip (last 5 years) with land size have a median of $651/m² of land (n=95). Districts calculation from recorded sales — not a valuation.
Bunyip at a glance
3,461
People
$880,000
Median sale
$486/wk
Median rent
2.87%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
Vs Bunyip
-15.9%
Median sale
Suburb $880,000
+0.55 pp
Gross yield
Suburb 2.87%
Suburb median $880,000 from 29 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 $486/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
UnknownArea
Bunyip at a glance
3,461
People
$880,000
Median sale
$486/wk
Median rent
2.87%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Area Specialist SolutionsIts Addressed:
Are you seeking the perfect blend of character, convenience, and investment potential? Look no further than 16 Princess Street, Bunyip. Nestled in the heart of Bunyip, this original house exudes charm and sits on a sprawling 1,319m2 block, presenting an exceptional opportunity for astute buyers.
Key Features:
️ Three Bedrooms: Plenty of space for your family or future tenants.
One Bathroom: A functional bathroom that serves your daily needs.
Four Car Accommodation: Ample space for your vehicles or workspace.
Large Block: The 1,319m2 block offers endless possibilities.
Character and Charm: This home boasts the timeless appeal of an original house with all the character and charm you'd expect. From the moment you step inside, you'll be enchanted by the unique details that make this property truly special.
Location, Location, Location: Situated in Bunyip, you're close to everything this thriving community has to offer. The primary school, Food Works, Bunyip train station, and easy highway access are all at your doorstep. Whether you're heading to Pakenham or Drouin, the convenience is unparalleled.
Development Potential: With a prime location and a substantial block size, this property offers incredible development potential. Imagine the possibilities - subject to council approval, you could explore subdivision options to maximize your investment.
Don't miss out on this exceptional opportunity to secure a piece of Bunyip's future growth. Whether you're looking for a charming family home or an investment with outstanding potential, 16 Princess Street has it all.
To arrange a viewing or discuss your investment options, contact us today. Act swiftly, as opportunities like this are rare to come by. Your dream home or investment property awaits – seize it now!
For more Real Estate in Bunyip contact your Area Specialist.
Did you know we have a rental department who can service your investment properties?
Our rental department has appraised this property for $450/week.
If you would like more information please get in contact.
Note: Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective purchasers/tenants are requested to take such action as is necessary, to satisfy themselves with any pertinent matters.
Listing description written by Marcus Washington, Area Specialist Solutions — reproduced as published, not verified by Districts.
Victoria 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.