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VIC › Ashburton › Nicholas St

17 Nicholas St, Ashburton VIC 3147

For saleHouse for Sale

$2,900,000–$3,190,000

For sale

Asking range

4

Bedrooms

3

Bathrooms

2

Car spaces

643 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $2,900,000–$3,190,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $2,900,000–$3,190,000(Listing record · 19 June 2026)
  • FactLand 643 m²; no building size recorded.(Property record)
  • CalculationAsk is 52% above the Ashburton median recorded sale ($1,902,500, n=11, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Ashburton's advertised median rent ($668/wk), implied gross yield would be 1.20% — 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

$2,900,000–$3,190,000

Asking range · $4,510/m² of land

No recorded sale for this property.

Ashburton at a glance

8,515

People

$1,902,500

Median sale

$668/wk

Median rent

1.83%

Suburb gross yield

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

See the full Ashburton report →

Vs Ashburton

+52.4%

Median sale

Suburb $1,902,500

-0.63 pp

Gross yield

Suburb 1.83%

Suburb median $1,902,500 from 11 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
$2,900,000
Stamp Duty (Victoria)
$168,500
Transfer/Registration Fee
$3,614
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
$3,075,814

$175,814 on top of the price (6.1% 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 Ashburton's advertised median rent — not a rent for this listing.

Net yield
-0.30%
Annual cashflow (pre-tax)
$-159,564
Interest cover (DSCR)
-0.06
Annual rent
$34,736
Operating expenses
$43,500
Loan amount
$2,320,000
Annual interest
$150,800
Gross yield
1.20%

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$2,900,000–$3,190,000available19 June 2026

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 $668/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 1.2%. 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.

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

Ashburton in one glance

Ashburton at a glance

8,515

People

$1,902,500

Median sale

$668/wk

Median rent

1.83%

Suburb gross yield

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

See the full Ashburton report →

Keep researching

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

Listing material

Listed by Ray White Ashburton

Elevated Position. Refined Luxury. Private Orchard.

Positioned on an elevated 643sqm (approx.) allotment in one of Ashburton's most desirable pockets, 17 Nicholas Street is a custom-built Hamptons inspired residence that seamlessly blends timeless design with modern family functionality. Completed recently and thoughtfully crafted to maximise its position, the home captures sweeping city views while delivering an exceptional lifestyle both indoors and out.

Behind its striking façade, French Oak flooring, wool carpets and premium finishes create an immediate sense of warmth and sophistication. Designed with flexibility in mind, the home offers four bedrooms, three and a half bathrooms, multiple living zones and a dedicated study, catering effortlessly to growing families, professionals and entertainers alike.

At the heart of the home, a beautifully appointed kitchen is designed to perform. Featuring dual ovens, a large central stone island, Vintec wine fridge, extensive storage and a fully equipped butler's pantry, it connects seamlessly to the open plan living and dining domain. Bifold doors extend the space to the alfresco, creating an effortless indoor-outdoor flow that has played host to countless family gatherings and celebrations.

Read the full description

The formal lounge provides a quieter retreat, anchored by a Jetmaster Heat & Glo fireplace, while upstairs a dedicated theatre and rumpus room complete with projector, screen and block-out curtains offers the ultimate family escape. Accommodation is equally impressive. The ground floor main suite enjoys a walk-in robe and luxurious ensuite with dual vanities and an oversized shower, while three further bedrooms upstairs are serviced by two bathrooms, including an additional ensuite ideal for guests or older children. Freestanding baths feature in both the family bathroom and main ensuite, adding a further touch of luxury.

Outdoors, the landscaped north-eastern rear garden creates a private sanctuary, complete with a covered alfresco featuring a ceiling heater, external gas BBQ connection and tiered gardens dotted with an impressive collection of dwarf fruit trees including apple, pear, peach, plum, apricot, citrus varieties, olive and yuzu. To the front, a large balcony captures spectacular sunsets and city skyline views, providing the perfect vantage point for New Year's Eve fireworks.

Comfort and efficiency have been carefully considered throughout. Six-zone Actron refrigerated heating and cooling, solar panels paired with a Tesla battery, double glazing, UV window tinting, ducted vacuum, Cat 6 cabling, security cameras, alarm system and a 6-star energy rating ensure the home is as practical as it is beautiful.

Disclaimer: We have, in preparing this document, used our best endeavors to ensure that the information contained in this document is true and accurate, but we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospective purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquiries and refer to the due diligence checklist provided by Consumer Affairs. Click on the link for a copy of the due diligence checklist from Consumer Affairs. http://www.consumer.vic.gov.au/duediligencechecklist

Listing description written by Max Hedley, Ray White Ashburton — reproduced as published, not verified by Districts.

Property features

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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.