Newcomb at a glance
4,563
People
$624,000
Median sale
$417/wk
Median rent
3.48%
Suburb gross yield
Median sale from 19 recorded sales (last 12 months) — a Districts calculation.
VIC › Newcomb › Wilsons Rd
$430,000
Last sold
19 Mar 2020
2
Bedrooms
1
Bathrooms
2
Car spaces
664 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
Last sold
$430,000
19 Mar 2020 · derived via latest_sale
Local land rate: recorded House sales in Newcomb (last 5 years) with land size have a median of $962/m² of land (n=75). Districts calculation from recorded sales — not a valuation.
Newcomb at a glance
4,563
People
$624,000
Median sale
$417/wk
Median rent
3.48%
Suburb gross yield
Median sale from 19 recorded sales (last 12 months) — a Districts calculation.
Vs Newcomb
-31.1%
Median sale
Suburb $624,000
+1.56 pp
Gross yield
Suburb 3.48%
Suburb median $624,000 from 19 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
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 (pending). 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 $417/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.
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
UnknownArea
Newcomb at a glance
4,563
People
$624,000
Median sale
$417/wk
Median rent
3.48%
Suburb gross yield
Median sale from 19 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by McGrath Geelong | NewtownCurrent Bid: $420,000 - 5 Qualified Bidders
For sale by Openn Negotiation (a flexible term online auction). The auction has commenced and the property can sell at any time. Contact Ricky on 0438 307 579 or William on 0488 706 144 immediately to become qualified and avoid missing out.
Seize a great opportunity to secure a 664sqm approx. allotment only a few short minutes to the Geelong CBD. Within walking distance to the Newcomb Central Shopping Centre, Newcomb Secondary School and public transport, the resale/rental potential for a development (STCA) at this location is second to none.
For those looking to secure a great family home with plenty of scope to add value, this refreshed home gives a fantastic entry into the property market. With split-system cooling as well as an expansive front and rear yard. The property also offers ample off-street parking as well as an extended carport with enclosed studio and storage.
This home allows for all types of buyers. Whether you're looking to invest, develop and add to your portfolio or live in it and enjoy the spoils the property has to offer, an inspection is a must.
• Two spacious bedrooms, large living area at the rear
• Great sized yard, perfect for kids and pets to play
• Easy access for cars, caravans and boats etc.
• Frontage of 15.2m approx., Depth of 43.7m approx.
• Above average 664sqm approx. allotment
• Strong potential rental return
• Five minutes to Geelong CBD, Waterfront and Botanical Gardens
• Walking distance to primary and secondary schools
• General Residential Zone – Schedule 2
Listing description written by Ricky Forte, McGrath Geelong | Newtown — reproduced as published, not verified by Districts.
Victoria 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 (pending). 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
UnknownDevelopment applications have not been queried 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.