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VIC › Yarra Junction › Mcowan Cres

18 Mcowan Cres, Yarra Junction VIC 3797

House

$950,000

Last sold

17 July 2026

6

Bedrooms

3

Bathrooms

3

Car spaces

1,901 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 $950,000 (17 July 2026).(Recorded sale)
  • FactLand 1,901 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Yarra Junction (last 5 years) with land size: median $829/m² of land (n=115). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned LOW DENSITY RESIDENTIAL ZONE (LDRZ) under the ZN.(Vicmap Planning · 2 Sept 2026)

What could make it worth less?

  • FactSIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 22 intersects 99.8% of this parcel.(Vicmap Planning · 2 Sept 2026)
  • FactBUSHFIRE MANAGEMENT OVERLAY intersects 99.8% of this parcel.(Vicmap Planning · 2 Sept 2026)

What should you verify next?

  1. 1SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 22 affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  2. 2BUSHFIRE MANAGEMENT OVERLAY affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  3. 3No 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

$950,000

17 July 2026 · derived via latest_sale

Local land rate: recorded House sales in Yarra Junction (last 5 years) with land size have a median of $829/m² of land (n=115). Districts calculation from recorded sales — not a valuation.

Yarra Junction at a glance

3,032

People

$780,000

Median sale

$496/wk

Median rent

3.31%

Suburb gross yield

Median sale from 34 recorded sales (last 12 months) — a Districts calculation.

See the full Yarra Junction report →

Vs Yarra Junction

+21.8%

Median sale

Suburb $780,000

-0.60 pp

Gross yield

Suburb 3.31%

Suburb median $780,000 from 34 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

ZN

Zone

LOW DENSITY RESIDENTIAL ZONE

LDRZ

Jurisdiction

Yarra Ranges

Yarra Ranges, 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.

Planning overlays

  • SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 22Detected — 99.8% of parcel

Development activity

Data unavailable

Source

  • Provider: Vicmap Planning
  • Dataset: PLAN_ZONE
  • Retrieved: 1 Sept 2026
  • Version: 1
  • Parcel: 1760859

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 1 Sept 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$950,00017 July 2026
  2. Listedprice unknowncompleted25 June 2026
  3. Listedprice unknowncompleted25 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?

Confidence: medium

Zoned LOW DENSITY RESIDENTIAL ZONE · LDRZ (ZN). Official parcel area about 1,904 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. Official parcel about 1,904 m² — land size can look like optionality. What reduces it: SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 22; BUSHFIRE MANAGEMENT OVERLAY. 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 $496/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

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 LOW DENSITY RESIDENTIAL ZONE · LDRZ (ZN). Official parcel area about 1,904 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

    Official parcel about 1,904 m² — land size can look like optionality. What reduces it: SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 22; BUSHFIRE MANAGEMENT OVERLAY. 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

Yarra Junction in one glance

Yarra Junction at a glance

3,032

People

$780,000

Median sale

$496/wk

Median rent

3.31%

Suburb gross yield

Median sale from 34 recorded sales (last 12 months) — a Districts calculation.

See the full Yarra Junction report →

Keep researching

  • Why Yarra Junction? Read the area thesis →
  • What else is on the market in Yarra Junction →
  • Other records on Mcowan Cres →

Listing material

Listed by Barry Plant Lilydale

Sold by Barry Plant Lilydale.

A truly rare opportunity that delivers magnificent views whilst supplying the ideal setup for multi-generational arrangements, this exceptional property composed of a versatile 4-bedroom home, a 2-bedroom unit and a studio, superbly caters to families of all ages and life stages.

Proudly crowning a 1,901sqm approx. allotment, the home is fronted by a magnificent entertainer's balcony that relishes northerly of the Yarra Ranges and low-maintenance front yard.

Comfortably proportioned, the lounge room offers a warming combustion fireplace, while the adjacent dining zone connects effortlessly with the family room and kitchen equipped with quality appliances and breakfast bench. Heading out from the kitchen, a verandah guides you to a private alfresco deck and fuss free yard - the perfect space for casual BBQ's.

Read the full description

Three robed bedrooms provide ample accommodation in the main residence, accompanied by a family bathroom with clawfoot bath, separate toilet and laundry. Appreciating separate access, a private retreat accompanies the 4th bedroom, while a bathroom with toilet ensures the space can be used for semi-independent living.

Further advantaged by a self-contained unit that boasts two robed bedrooms, a fully tiled bathroom with separate toilet, laundry, fully equipped kitchen and meals zone plus a spacious living room with split system heating/air conditioning and a combustion fireplace. A glorious front verandah is orientated for breathtaking views over the sprawling Yarra Ranges, while at the rear, the unit is complemented by an alfresco entertaining area with cafe blinds and tranquil pond, along with a wood shed, shaded potting area, workshop and a single carport.

Additionally, the property offers a separate studio (with heating and cooling), along with split system heating/air conditioning, garden shed, wood shed plus a double garage with extra guest/caravan parking alongside the long driveway.

Peacefully located where you can escape the hustle and bustle of everyday life and immerse yourself in the tranquillity of the surrounding landscape, whilst also being only a short walk away from the vibrant community of Yarra Junction. Walk to local shops and cafes, Woolworths Supermarket, Yarra Junction library, Warburton Rail Trail and The Yarra Centre (indoor swimming pools, fully equipped gym and indoor stadium). Close to Little Yarra Steiner School, St Joseph's Primary, Upper Yarra Secondary College, transport and other Yarra Valley attractions.

Disclaimer: Barry Plant Lilydale has taken every care and precaution in ensuring any and all information contained herein is true and accurate. We accept no responsibility and disclaim all liability in respect to any errors or inaccuracies that may occur from this information. We advise any prospective purchasers/renters to make their own enquiries; due diligence to verify the information provided is correct.

Listing description written by Leah Bannerman, Barry Plant Lilydale — reproduced as published, not verified by Districts.

Property features

  • Balcony
  • Built-in Robes
  • Deck
  • Outdoor Entertaining
  • Shed
  • Toilets: 3
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.