Mount Pleasant at a glance
2,198
People
$557,000
Median sale
$382/wk
Median rent
3.57%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
VIC › Mount Pleasant › Manna Gum Heights
$749,000–$769,000
For sale
Asking range
$545,000
Last sold
27 May 2020
4
Bedrooms
2
Bathrooms
2
Car spaces
903 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
Asking
$749,000–$769,000
Asking range · $829/m² of land
Last recorded sale $545,000 (27 May 2020).
Local land rate: recorded House sales in Mount Pleasant (last 5 years) with land size have a median of $766/m² of land (n=73). Districts calculation from recorded sales — not a valuation.
Mount Pleasant at a glance
2,198
People
$557,000
Median sale
$382/wk
Median rent
3.57%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
Vs Mount Pleasant
+34.5%
Median sale
Suburb $557,000
-0.92 pp
Gross yield
Suburb 3.57%
Suburb median $557,000 from 23 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Based on the low end of the asking range, not a contract price.
$45,567 on top of the price (6.1% extra)
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.
Based on the low end of the asking range, not a contract price.
Pre-filled with Mount Pleasant's advertised median rent — not a rent for this listing.
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.
Planning
Planning data is being calculated
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
VICPlanning 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.
Official flood overlay has not been retrieved (processing). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $382/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.
Gross yield if leased at the suburb aggregate is 2.7%. 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
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.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
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?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (processing). 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
Mount Pleasant at a glance
2,198
People
$557,000
Median sale
$382/wk
Median rent
3.57%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by McGrath BallaratA superb family home complemented by an exceptional entertaining retreat, ideally positioned within a thriving and progressive locale.
• A beautifully updated four-bedroom brick home on a spacious 903m² (approx.) allotment delivers the perfect blend of family comfort, entertaining and lifestyle living.
• The generous master suite features a walk-in robe and stylishly updated ensuite complete with double vanity, large shower and toilet. The remaining three bedrooms are all well-sized and include built-in robes.
• At the heart of the home, the updated kitchen boasts a dishwasher, gas cooktop and ample storage, seamlessly connecting to the spacious open-plan living and dining area.
• Two separate living zones provide flexibility for growing families, both serviced by Rinnai gas heating, while evaporative cooling throughout ensures year-round comfort.
• Storage is a standout feature, highlighted by the oversized laundry with extensive bench space and cabinetry.
• Step outside and discover an entertainer's dream. The incredible timber-decked alfresco area captures stunning views across Ballarat, complemented by a separate enclosed entertaining space with heating for all-season enjoyment.
• Adding to the home's impressive entertaining credentials is the ultimate "man cave" – a versatile enclosed retreat that can be enjoyed all year round. Complete with heating and plenty of space to unwind, it's the perfect setting to watch the footy, entertain friends or simply relax.
• The impressive heated swim spa with its own fenced area further enhances the lifestyle appeal of this remarkable property.
• Completing the package is a large double lock-up garage with adjoining workshop space, ideal for trades, hobbies or additional storage.
• Situated just 5 minutes to the Ballarat CBD as well as shops, schools, lake Esmond, Sovereign Hill and medical facilities, this home offers the perfect blend of convenience and lifestyle.
• Rare opportunities like this do not last long. Enquire today to arrange your private inspection.
Listing description written by Tony Zelencich, McGrath Ballarat — reproduced as published, not verified by Districts.
Also look at
112 Gladstone St, Mount Pleasant VIC 3350
3-bed house for sale. Asking $645K–$679K.
203 Morton St, Mount Pleasant VIC 3350
4-bed house for sale. Asking $800K–$850K.
838 Laurie St, Mount Pleasant VIC 3350
2-bed house for sale. Asking $495K–$525K.
444 Cobden St, Mount Pleasant VIC 3350
3-bed house for sale. Currently listed.