Wonga Park at a glance
3,857
People
$1,361,000
Median sale
$638/wk
Median rent
2.44%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
VIC › Wonga Park › Crofton Cl
$1,000,000
Last sold
9 Apr 2018
4
Bedrooms
2
Bathrooms
2
Car spaces
797 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
$1,000,000
9 Apr 2018 · derived via latest_sale
Local land rate: recorded House sales in Wonga Park (last 5 years) with land size have a median of $877/m² of land (n=29). Districts calculation from recorded sales — not a valuation.
Wonga Park at a glance
3,857
People
$1,361,000
Median sale
$638/wk
Median rent
2.44%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
Vs Wonga Park
-26.5%
Median sale
Suburb $1,361,000
+0.88 pp
Gross yield
Suburb 2.44%
Suburb median $1,361,000 from 11 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 $638/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
Wonga Park at a glance
3,857
People
$1,361,000
Median sale
$638/wk
Median rent
2.44%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Bell Real Estate Yarra JunctionIn a private, quiet and pretty cul de sac, backing onto acreage is this much loved family home now ready for a new family to enjoy. The home provides a little piece of paradise both inside and out, with a stunning native and ornamental garden complete with its own meandering waterway and pond, gorgeous spots to sit and have a cuppa and extensive, stylish undercover entertaining and storage areas. Indoors is just lovely. As you enter the front reception, you are greeted with a light and bright tiled entrance that guides you through the home. To your left you will find the formal living, complete with a wine bar, the ideal zone to entertain your guests after a meal in the formal dining and leave the rest of the house to the kids. A home office is conveniently located off the foyer, with bonus external access through the double lock up garage if you want to keep the home completely separate from clients should you be lucky enough to work from home. Wander towards the rear of the home and you are greeted with picture windows showcasing the gorgeous gardens which are also proudly viewed from the kitchen, meals and informal living zones. Wind up the wide staircase to yet another living space with feature windows letting the light soar in and an ideal space to watch a movie or curl up on the couch with a book. The four bedrooms are all on the second level, the master to the rear of the property with a bay window overlooking the acreage beyond, a walk in robe and large ensuite and the further 3 bedrooms all have built in robes and are spacious enough to house large beds and teenagers! This home is perfect for a family to spread out and enjoy and with Yarra Road Primary, Melbourne Rudolph Steiner School, Yarra Valley Grammar, Good Shephard Primary and Luther College in close proximity and a short drive to McAdam Square, bus services and Eastland Shopping Centre could you find a more perfect location to bring up the family?
Listing description written by Samantha Price, Bell Real Estate Yarra Junction — reproduced as published, not verified by Districts.