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VIC › Rochester › King St

17 King St, Rochester VIC 3561

For saleHouse for Sale

$449,000

For sale

Asking

3

Bedrooms

1

Bathrooms

0

Car spaces

3,054 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $449,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $449,000(Listing record · 23 May 2025)
  • FactLand 3,054 m²; no building size recorded.(Property record)
  • CalculationAsk is 1% below the Rochester median recorded sale ($455,000, n=11, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Rochester's advertised median rent ($398/wk), implied gross yield would be 4.61% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  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

$449,000

Asking · $147/m² of land

No recorded sale for this property.

Rochester at a glance

2,840

People

$455,000

Median sale

$398/wk

Median rent

4.55%

Suburb gross yield

Median sale from 11 recorded sales (last 12 months) — a Districts calculation.

See the full Rochester report →

Vs Rochester

-1.3%

Median sale

Suburb $455,000

+0.06 pp

Gross yield

Suburb 4.55%

Suburb median $455,000 from 11 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$449,000
Stamp Duty (Victoria)
$22,010
Transfer/Registration Fee
$1,155
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
$475,865

$26,865 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

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

Net yield
3.11%
Annual cashflow (pre-tax)
$-9,387
Interest cover (DSCR)
0.60
Annual rent
$20,696
Operating expenses
$6,735
Loan amount
$359,200
Annual interest
$23,348
Gross yield
4.61%

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 data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

  1. Listed$449,000available23 May 2025

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?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $398/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.

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 4.6%. 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.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • 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?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). 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

    Development applications have not been queried 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

Rochester in one glance

Rochester at a glance

2,840

People

$455,000

Median sale

$398/wk

Median rent

4.55%

Suburb gross yield

Median sale from 11 recorded sales (last 12 months) — a Districts calculation.

See the full Rochester report →

Keep researching

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

Listing material

Listed by Luke Ryan Real Estate

CHARMING COTTAGE ON SPRAWLING BLOCK

Discover charm and character in this delightful weatherboard cottage style home being 3BR and 1 bathroom, nestled on an impressive approx. 3,100 sqm (approximately 3/4 acre) block. The home showcases beautiful period features complemented by modern comforts throughout. Admire the veranda with classic lacework trim that adds timeless character to the façade.

Kitchen/Dining Area

The heart of the home features a practical layout with cabinetry, complemented by an electric cooktop and oven for culinary convenience. Durable vinyl plank flooring provides both style and functionality, while a ceiling fan and split system air conditioning ensure year-round comfort. A sliding door provides direct access to the carport, perfect for bringing in groceries with ease.

Read the full description

Welcoming Lounge

Relax in the inviting lounge room which features a cozy wood fireplace that creates a warm ambiance during the cooler months. The vinyl plank flooring continues in this space, paired with a ceiling fan.

Bedrooms

All three bedrooms are generous in size, bedroom 1 offers a built-in wardrobe providing ample storage and a ceiling fan for comfort. The second bedroom features quality window blinds and continues the vinyl plank flooring found throughout the home. Bedroom three provides versatile space suitable for a bedroom or home office, complete with vinyl plank flooring and a ceiling fan for comfort.

Bathrooms & Laundry

The main bathroom features a tiled floor and half-wall tiling for a classic look. It includes a shower, vanity with practical storage options, and a toilet. The freshly renovated laundry contains a second toilet, and offers generous bench space and quality cabinetry.

Outdoor Living

The expansive grounds offer endless possibilities for outdoor enjoyment and potential expansion. Established, low-maintenance garden beds surround a tidy lawn area, creating an inviting outdoor space. A water tank is installed, promoting sustainability and water conservation. Convenient backyard access is available via the carport, while durable Colorbond fencing ensures privacy and security. A garden shed keeps tools and equipment organised, while the larger shed offers workshop potential or additional storage space for vehicles.

With its character-filled spaces and expansive grounds 17 King St represents the perfect blend of historic charm and modern comfort. Contact Luke Ryan on 0438 841 127 to arrange your private inspection today.

Listing description written by Luke Ryan, Luke Ryan Real Estate — reproduced as published, not verified by Districts.

Districts

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

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