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VIC › Vermont South › Nicholi Walk

17 Nicholi Walk, Vermont South VIC 3133

House

$970,000

Last sold

28 Aug 2018

3

Bedrooms

2

Bathrooms

2

Car spaces

516 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $970,000 (28 Aug 2018).(Recorded sale)
  • FactLand 516 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Vermont South (last 5 years) with land size: median $2,214/m² of land (n=109). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned PUBLIC PARK AND RECREATION ZONE (PPRZ) under the ZN.(Vicmap Planning · 31 Aug 2026)

What could make it worth less?

  • FactSIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 9 intersects 99.8% of this parcel.(Vicmap Planning · 31 Aug 2026)
  • FactHERITAGE OVERLAY (HO118) intersects 99.8% of this parcel.(Vicmap Planning · 31 Aug 2026)
  • FactDEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1 intersects 99.8% of this parcel.(Vicmap Planning · 31 Aug 2026)

What should you verify next?

  1. 1SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 9 affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  2. 2HERITAGE OVERLAY (HO118) affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  3. 3DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1 affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  4. 4No 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

What this lot has actually traded at

Last sold

$970,000

28 Aug 2018 · derived via latest_sale

Local land rate: recorded House sales in Vermont South (last 5 years) with land size have a median of $2,214/m² of land (n=109). Districts calculation from recorded sales — not a valuation.

Vermont South at a glance

12,250

People

$1,521,888

Median sale

$710/wk

Median rent

2.43%

Suburb gross yield

Median sale from 61 recorded sales (last 12 months) — a Districts calculation.

See the full Vermont South report →

Vs Vermont South

-36.3%

Median sale

Suburb $1,521,888

+1.38 pp

Gross yield

Suburb 2.43%

Suburb median $1,521,888 from 61 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

ZN

Zone

PUBLIC PARK AND RECREATION ZONE

PPRZ

Jurisdiction

Whitehorse

Whitehorse, VIC

Planning overlays

  • SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 9Detected — 99.8% of parcel

Development activity

Data unavailable

Source

  • Provider: Vicmap Planning
  • Dataset: PLAN_ZONE
  • Retrieved: 31 Aug 2026
  • Version: 1
  • Parcel: 1492709

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

Detected — official

The official layer maps a heritage listed area on this parcel, intersecting about 99.8% of it (Vicmap Planning, retrieved 31 Aug 2026). Verify the extent against the title before relying on unaffected land.

Records

Property history

  1. Sold$970,00028 Aug 2018
  2. Listedprice unknowncompleted19 July 2018
  3. Listedprice unknowncompleted19 July 2018

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?

Confidence: medium

Zoned PUBLIC PARK AND RECREATION ZONE · PPRZ (ZN). Official parcel area about 508 m². Dual occupancy looks constrained by site overlays or terrain. Two-lot subdivision looks unlikely on the loaded constraints. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: medium

Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Heritage constraint may block demolition or dual occupancy even on a large block. Minimum lot size is not loaded, so two-lot subdivision is not confirmed. The listing may look cheap relative to land or the street. What reduces it: SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 9; HERITAGE OVERLAY (HO118); DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack. 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 $710/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. Heritage constraints are a maintenance and alteration cost, not usually a rent premium by themselves.

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

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

What this means for this property

Districts view

Loaded constraints look like they kill a naive land-size story. Pay house money, or walk, until a planner confirms a pathway.

Detail

The listing may look cheap relative to land or the street. What reduces it: SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 9; HERITAGE OVERLAY (HO118); DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.

Read more

Nearby competing dwellings and net yield are still unknown.

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.

3 of 10 questions answered so far

  • Development optionality of this lot

    Knownmedium

    Zoned PUBLIC PARK AND RECREATION ZONE · PPRZ (ZN). Official parcel area about 508 m². Dual occupancy looks constrained by site overlays or terrain. Two-lot subdivision looks unlikely on the loaded constraints. This is a screen, not a planning certificate.

  • 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?

    Knownmedium

    The listing may look cheap relative to land or the street. What reduces it: SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 9; HERITAGE OVERLAY (HO118); DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.

  • Lot-level flood

    Unknown

    Flood overlay has not been queried for this lot. 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

    No DA adapter returned applications 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

Vermont South in one glance

Vermont South at a glance

12,250

People

$1,521,888

Median sale

$710/wk

Median rent

2.43%

Suburb gross yield

Median sale from 61 recorded sales (last 12 months) — a Districts calculation.

See the full Vermont South report →

Keep researching

  • Why Vermont South? Read the area thesis →
  • What else is on the market in Vermont South →
  • Other records on Nicholi Walk →

Listing material

Listed by Jellis Craig Mitcham

A Lifestyle Youll Love

This marvellous Merchant Builder home offers you a sensational lifestyle option, not just a place to live.

Set at the end of a no-through road, in a private, leafy cul-de-sac, the generously proportioned abode boasts an attractive split-level design and sweeping, timber lined ceilings that add to the feeling of spaciousness.

On the lower level there are dual living spaces. Each enjoys large north facing windows that allow an abundance of natural light to flow through and striking treetop vistas across to the Dandenong Ranges and beyond.

Read the full description

The first is an expansive living/dining room, and this flows to a casual family/meals area adjoining a fully renovated kitchen with a central island bench, a dishwasher, quality stainless steel appliances including a NEFF oven and warming drawer and excellent storage options.

On the upper level, there are three robed bedrooms and two bathrooms. The master has a walk-in robe and a private ensuite, whilst the remaining bedrooms share the use of a bright central bathroom. The space is completed by a well located open study and yet another living area; you really are spoilt for choice.

The homes outdoor spaces are the perfect complement to those indoors. Extending from the family room is a substantial open-air deck framed by eye catching, low maintenance gardens; its a place youll love spending time with family and friends throughout the warmer months, whether relaxing at the end of a long day, or enjoying a meal alfresco style.

The surrounding setting is unique to the area, with the shared use of fully maintained common grounds, a large recreation room and a solar heated in-ground swimming pool; yes thats right, resort style facilities, maintained by someone other than you all year round.

Extras such as gas ducted heating, split system heating/air-conditioning, a fully fitted laundry with excellent storage, a double carport plus a storage room and workshop enhance the appeal of the property further.

Located amongst an array of desirable amenities, youll love being able to walk to Vermont South Shopping Centre, local trams and buses with rail links, parks and reserves including Bellbird Dell and popular primary and secondary schools. Youll also enjoy the proximity to Eastlink, Deakin University and a number of larger shopping precincts such as Westfield Knox and The Glen.

This is a rare opportunity and one that should be investigated without hesitation. Inspect today and take the first steps to the lifestyle you deserve.

Listing description written by Adam Harris, Jellis Craig Mitcham — reproduced as published, not verified by Districts.

Property features

  • Deck
  • Dishwasher
  • Ducted Heating

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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.