Heatherton at a glance
2,821
People
$1,060,000
Median sale
$632/wk
Median rent
3.10%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
VIC › Heatherton › Kingston Rd
2
Bedrooms
2
Bathrooms
2
Car spaces
187 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Heatherton (last 5 years) with land size have a median of $1,699/m² of land (n=14). Districts calculation from recorded sales — not a valuation.
Heatherton at a glance
2,821
People
$1,060,000
Median sale
$632/wk
Median rent
3.10%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
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 $632/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
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 (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.
Area
Heatherton at a glance
2,821
People
$1,060,000
Median sale
$632/wk
Median rent
3.10%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White The Bayside GroupIf you're considering the prospect of acquiring a high returning investment property with various possibilities and the potential to achieve both commercial and residential rental incomes at once.Or perhaps you're finally ready to take that plunge by opening up your own shop front and bringing that clever business idea you're so passionate about to life!
Perhaps you're a savvy business owner OR home-buyer considering the prospect of mixing both scenarios with the purchase of this exceptional two-for-one property - combining a large business front amongst a terrific strip of others AND a spacious two bedroom home at the rear.
You can either open your business and lease out the home; or live in the home and lease out the shop front, with the comfort of having additional income coming in, or a fast track on your capital growth!
THE HOME: Potential Rent: $350p/w
Comprising two extra-large bedrooms with built-in robes, and a central bathroom. Open plan living/dining and kitchen, two storerooms, laundry, large outdoor area, and rear lane parking.
Potential to renovate, extend and enhance (STCA) with the home's lower level being standalone' and sharing no common/adjoining walls with other properties.
THE SHOP: Potential Rent: $500p/w
70sqm (approx.) shop front with glass frontage, high street exposure and public parking directly out the front. Amongst a terrific strip of established businesses and services including massage, dental and liquor - seeing a high volume of customers and passing traffic.
Plumbed water/sinks, partitioned storage space, staff bathroom and foyer separating shop and home. Ideal for a broad selection of business ventures, service types and industries including convenience store, medical/healthcare, accountant/solicitor, other professional offices, specialty foods, takeaway/eat-in restaurant, beauty services and many more.
A sought-after, fast regenerating neighbourhood seeing high volumes of young families buying in the area. Surrounded by new and existing homes and modern re-developments, parks, golf courses; close to Kingston Heath Primary, Cheltenham Secondary College, the great walking and cycling trails of Karkarook Park, public transport and easy access to the Dingley Bypass.
PLEASE NOTE:
*Every precaution has been taken to establish the accuracy of the above information but does not constitute any representation by the vendor or agent.
* Photo ID required at all open for inspections
Listing description written by Kevin Chokshi, Ray White The Bayside Group — reproduced as published, not verified by Districts.