Watsonia North at a glance
3,785
People
$975,000
Median sale
$540/wk
Median rent
2.88%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
VIC › Watsonia North › Chappell Dr
$1,798,950
Last sold
12 May 2026
5
Bedrooms
2
Bathrooms
4
Car spaces
1,427 m²
Land
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
$1,798,950
12 May 2026 · derived via latest_sale
Local land rate: recorded House sales in Watsonia North (last 5 years) with land size have a median of $1,614/m² of land (n=94). Districts calculation from recorded sales — not a valuation.
Watsonia North at a glance
3,785
People
$975,000
Median sale
$540/wk
Median rent
2.88%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
Vs Watsonia North
+84.5%
Median sale
Suburb $975,000
-1.32 pp
Gross yield
Suburb 2.88%
Suburb median $975,000 from 27 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
PUBLIC PARK AND RECREATION ZONE
PPRZ
Jurisdiction
Banyule
Banyule, VIC
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 PUBLIC PARK AND RECREATION ZONE · PPRZ (ZN). Official parcel area about 1,430 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 1,430 m² — land size can look like optionality. What reduces it: VEGETATION PROTECTION OVERLAY - SCHEDULE 5; DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1. 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
No advertised rent is recorded. Suburb median rent $540/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 PUBLIC PARK AND RECREATION ZONE · PPRZ (ZN). Official parcel area about 1,430 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 1,430 m² — land size can look like optionality. What reduces it: VEGETATION PROTECTION OVERLAY - SCHEDULE 5; DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.
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
Watsonia North at a glance
3,785
People
$975,000
Median sale
$540/wk
Median rent
2.88%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White BundooraCustom Built on 1427m2
Set on an expansive 1,427m² (approx.) allotment, this beautifully presented, custom built family home at 19 Chappell Drive, Watsonia North offers space, versatility, and lifestyle in one impressive package.
Boasting five generous bedrooms and two well-appointed bathrooms, the home is perfectly suited for growing families boasting multiple living zones that include a separate lounge and an additional rumpus room that ensure there's space for everyone to relax and unwind.
At the heart of the home, the light-filled kitchen, meals, and living area seamlessly connect, featuring quality finishes and ample storage. Polished floorboards, along with heating and cooling throughout, deliver year-round comfort and style.
Step outside to discover a truly exceptional outdoor setting. Immaculately landscaped gardens surround a stunning in-ground pool, complemented by a covered BBQ and entertaining area, perfect for hosting family and friends. Car accommodation is abundant, featuring a four-car lock-up garage with toilet, 3 phase power, log heater and running water.
Positioned in a highly sought-after pocket, you're within easy reach of quality schools including Watsonia North Primary School, Loyola College, Parade College, St Mary's Primary School, and Greensborough Secondary College. Enjoy convenient access to shopping at Greensborough Plaza and Watsonia Shops, along with nearby parks, public transport, and all essential amenities.
A rare opportunity combining space, comfort, and lifestyle, this is a home you won't want to miss.
Additional Information:
Settlement Preference - 30/60/90 days negotiable
Deposit - 10% Of The Purchase Price
Listing description written by Nick Ristevski, Ray White Bundoora — reproduced as published, not verified by Districts.