Narre Warren South at a glance
31,417
People
$866,500
Median sale
$609/wk
Median rent
3.65%
Suburb gross yield
Median sale from 66 recorded sales (last 12 months) — a Districts calculation.
VIC › Narre Warren South › Gossamer Way
$930,000
Last sold
24 June 2020
4
Bedrooms
3
Bathrooms
2
Car spaces
Districts View
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
$930,000
24 June 2020 · derived via latest_sale
Narre Warren South at a glance
31,417
People
$866,500
Median sale
$609/wk
Median rent
3.65%
Suburb gross yield
Median sale from 66 recorded sales (last 12 months) — a Districts calculation.
Vs Narre Warren South
+7.3%
Median sale
Suburb $866,500
-0.24 pp
Gross yield
Suburb 3.65%
Suburb median $866,500 from 66 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
URBAN GROWTH ZONE - SCHEDULE 5
UGZ5
Jurisdiction
Casey
Casey, VIC
Official property report
The original government planning document for this property. Sign in to view or download the PDF. Districts facts are a separate GIS extract and may not include every statement in the report.
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
VICZoned URBAN GROWTH ZONE - SCHEDULE 5 · UGZ5 (ZN). Official parcel area about 5,805 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.
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. Official parcel about 5,805 m² — land size can look like optionality. What reduces it: DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 11. This overlay can reduce what the land size appears to promise. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $609/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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned URBAN GROWTH ZONE - SCHEDULE 5 · UGZ5 (ZN). Official parcel area about 5,805 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
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?
KnownlowOfficial parcel about 5,805 m² — land size can look like optionality. What reduces it: DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 11. This overlay can reduce what the land size appears to promise.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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
Narre Warren South at a glance
31,417
People
$866,500
Median sale
$609/wk
Median rent
3.65%
Suburb gross yield
Median sale from 66 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by OBrien Real Estate BerwickDreaming of that new home feeling but lament the idea of building? Look no further, this one is for you! Fastidiously maintained and only 3 years young this immaculate property is perfectly suited to those searching for the new home experience today.
Extensively spec'd in all the right places the home will be sure to impress from the moment you arrive. Soaring ceilings and upgraded window sizes ensure that natural light is always in abundance while the double glazing keeps thermal efficiency at a maximum all year round. For those extra chilly nights and warm summer days there is zoned ducted heating and evaporative cooling throughout.
They say the heart of a home is in the kitchen and this one does not disappoint. The vast stone benches are complimented with glass splash backs, stainless steel 900mm Smeg cooker, dishdraw dishwasher and a a full size butler's pantry. While the sliding stacker doors allow your kitchen to flow outside to the alfresco entertaining zone, for those summer night dinner parties.
Living areas are not in short supply either. From the formal living situated at the front of the home to the open plan meals/living and even the upstairs retreat, the perfect solution to your entertaining needs are always catered for.
With 4 bedrooms on offer including a palatial master suite, there is room for even the largest of families. While the spacious downstairs study has the potential to be converted to a guest suite, serviced by a down stairs bathroom that includes a shower should the need arise.
The care and attention to detail applied throughout the home is not forgotten outside either. Merbau timber decking and low maintenance landscaped gardens feature around the property and there is even an extra meter added to the garage width to make sure there is space for the cars and more.
To complete this fantastic opportunity you also get great local schools, public transport and easy access to the M1 and local shopping precincts. With so much on offer this home is simply a must see. Inspect today!
Listing description written by Matthew Smith, OBrien Real Estate Berwick — reproduced as published, not verified by Districts.
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