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VIC › Quarry Hill › Paterson St

17 Paterson St, Quarry Hill VIC 3550

Land

$750,000

Last sold

11 July 2022

0

Bedrooms

0

Bathrooms

0

Car spaces

2,449 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 $750,000 (11 July 2022).(Recorded sale)
  • FactLand 2,449 m²; no building size recorded.(Property record)
  • CalculationRecorded Land sales in Quarry Hill (last 5 years) with land size: median $364/m² of land (n=4). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned GENERAL RESIDENTIAL ZONE (GRZ) under the ZN.(Vicmap Planning · 31 Aug 2026)

What could make it worth less?

  • FactBUSHFIRE MANAGEMENT OVERLAY - SCHEDULE 1 intersects 99.8% of this parcel.(Vicmap Planning · 31 Aug 2026)

What should you verify next?

  1. 1BUSHFIRE MANAGEMENT OVERLAY - SCHEDULE 1 affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  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

What this lot has actually traded at

Last sold

$750,000

11 July 2022 · derived via latest_sale

Local land rate: recorded Land sales in Quarry Hill (last 5 years) with land size have a median of $364/m² of land (n=4). Districts calculation from recorded sales — not a valuation.

Quarry Hill at a glance

2,411

People

$657,500

Median sale

$460/wk

Median rent

3.64%

Suburb gross yield

Median sale from 22 recorded sales (last 12 months) — a Districts calculation.

See the full Quarry Hill report →

Vs Quarry Hill

+14.1%

Median sale

Suburb $657,500

-0.45 pp

Gross yield

Suburb 3.64%

Suburb median $657,500 from 22 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

ZN

Zone

GENERAL RESIDENTIAL ZONE

GRZ

Jurisdiction

Greater Bendigo

Greater Bendigo, VIC

Planning overlays

  • environmentalDetected

Development activity

Data unavailable

Source

  • Provider: Vicmap Planning
  • Dataset: PLAN_ZONE
  • Retrieved: 31 Aug 2026
  • Version: 1
  • Parcel: 455894792

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

Detected — official

The official layer maps a bushfire risk zone 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.

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. Sold$750,00011 July 2022
  2. Listedprice unknowncompleted5 July 2022
  3. Listedprice unknowncompleted5 July 2022

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 GENERAL RESIDENTIAL ZONE · GRZ (ZN). Official parcel area about 433 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. 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: low

Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” 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: BUSHFIRE MANAGEMENT OVERLAY - SCHEDULE 1. Bushfire-prone land can add BAL construction cost and tighten insurer appetite. 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 $460/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

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

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.

3 of 10 questions answered so far

  • Development optionality of this lot

    Knownmedium

    Zoned GENERAL RESIDENTIAL ZONE · GRZ (ZN). Official parcel area about 433 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. 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?

    Knownlow

    The listing may look cheap relative to land or the street. What reduces it: BUSHFIRE MANAGEMENT OVERLAY - SCHEDULE 1. Bushfire-prone land can add BAL construction cost and tighten insurer appetite.

  • 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

Quarry Hill in one glance

Quarry Hill at a glance

2,411

People

$657,500

Median sale

$460/wk

Median rent

3.64%

Suburb gross yield

Median sale from 22 recorded sales (last 12 months) — a Districts calculation.

See the full Quarry Hill report →

Keep researching

  • Why Quarry Hill? Read the area thesis →
  • What else is on the market in Quarry Hill →
  • Other records on Paterson St →

Listing material

Listed by Belle Property Bendigo | Castlemaine | Maldon

GET THE UPPER LAND - 2,449m2 (0.60 Acre) GENERAL RESIDENTIAL ZONED LAND

Getting your hands on 2,449m2 (0.60 Acre) of General Residential Zoned land in desirable Quarry Hill is a rare opportunity and one that will be snapped up quickly.

With over half an acre, the property could be subdivided (STCA) into a number of blocks, ready for development. Located in a quiet leafy locale, in an established residential area, the property is surrounded by beautiful walking tracks and nature reserves and a place many people would love to call home.

Fabulously located in Quarry Hill and bordering Spring Gully, the property is only 3km to Bendigo's CBD, with easy access to public transport via bus connections and Bendigo Railway Station.

Read the full description

There are terrific education options close by, with childcare, kindergartens, primary schools (Quarry Hill PS, St Joseph's PS and Spring Gully PS all popular), secondary schools, and La Trobe University. Wonderful shops, pubs and cafes are also at the doorstep, with the superb Quarry Hill Café and Larder and Spring Gully General Store just down the road.

Act quickly, the opportunity to buy blocks like this one don't come around often.

Listing description written by Tim Noonan, Belle Property Bendigo | Castlemaine | Maldon — 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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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.