Creswick at a glance
3,290
People
$580,000
Median sale
$380/wk
Median rent
3.41%
Suburb gross yield
Median sale from 64 recorded sales (last 12 months) — a Districts calculation.
VIC › Creswick › Creswick Dean Rd
$1,500,000
Last sold
20 Apr 2021
3
Bedrooms
2
Bathrooms
6
Car spaces
340,000 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
$1,500,000
20 Apr 2021 · derived via latest_sale
Local land rate: recorded House sales in Creswick (last 5 years) with land size have a median of $624/m² of land (n=77). Districts calculation from recorded sales — not a valuation.
Creswick at a glance
3,290
People
$580,000
Median sale
$380/wk
Median rent
3.41%
Suburb gross yield
Median sale from 64 recorded sales (last 12 months) — a Districts calculation.
Vs Creswick
+158.6%
Median sale
Suburb $580,000
-2.09 pp
Gross yield
Suburb 3.41%
Suburb median $580,000 from 64 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 $380/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
Creswick at a glance
3,290
People
$580,000
Median sale
$380/wk
Median rent
3.41%
Suburb gross yield
Median sale from 64 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Buxton BallaratSituated in a popular locale between Creswick and Dean with ease of access to Melbourne freeway, this impressive property is sure to impress those seeking more than a hobby farm. From the moment you enter the impressive entrance with asphalt drive, electric gates to circular drive one can be sure you have entered a property of distinction.
Since purchasing the land in 1977 and building the house in 1999, Collumbeen has been developed with thought and purpose. The home has been positioned with a northerly orientation for maximum effect and is well insulated, has double glazing and is heated by an Osburn wood heaters in the lounge and family rooms as well as split system r/cycle air-conditioners in the living spaces.
The home itself comprises 3 bedrooms plus a study with full shelving ideal for personal library and display case. The living zones comprise of an open plan well-appointed kitchen with granite bench tops, meals area and family room with vaulted ceiling and timber daddo, formal dining room partially open to the formal lounge.
The master has full ensuite with east/north window aspect to enjoy the sunrises, walk in robe and own hot water system. The further two bedrooms have the westerly aspect with access to main bathroom with separate toilet.
A large entrance come upmarket mudroom provides direct assess from double garage allowing all weather access with the garage even having its own toilet.
The home is well finished with quality drapes and window coverings, quality carpet ornate cornice work and timber doors throughout.
Externally the property does not disappoint. The flourishing garden provides a picturesque back drop for this superb property and has many established trees providing a relaxed feel in established mature surrounds.
THE FARM
The farm comprises approx. 85 acres of grazing with a spattering of a few native trees. The property has had a history of organic fertiliser (Munash) and the soils vary from chocolate to Gray loam.
The shedding is superb. A 15mX15M shed with concrete floor and toilet, lighting and work bench along with an additional 9x3M wood shed provides great storage and workspace while a further two farm sheds of 9X5M hay shed plus 6x9M machinery shed provides further shedding in the paddocks.
The cattle yards comprise a permanent 45 head Norton yards with an adjustable loading ramp and vet cattle crush.
Water comprises 6 dams including a spring fed one and another which services the house and garden, while a stock and domestic bore provides unlimited water and the house is serviced by approx. 145000 litres of tank water (32,000 Gall)
Fencing is excellent and well-maintained steel and concrete and approx. 45% electrified to the 7 paddocks.
The vendors are in a position to offer the purchaser an extended settlement with March 2021 as a preferred time frame.
All in all, this is a package that is rarely offered in this superb and sought-after locale. An inspection will only impress you. Call Matthew to book your own private inspection today
Listing description written by Matthew Stevens, Buxton Ballarat — 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.