South Morang at a glance
26,373
People
$709,750
Median sale
$551/wk
Median rent
4.04%
Suburb gross yield
Median sale from 10 recorded sales (last 24 months) — a Districts calculation.
VIC › South Morang › Red Oaks Way
$680,000
Last sold
2 Apr 2019
3
Bedrooms
2
Bathrooms
2
Car spaces
648 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
$680,000
2 Apr 2019 · derived via latest_sale
Local land rate: recorded House sales in South Morang (last 5 years) with land size have a median of $1,653/m² of land (n=27). Districts calculation from recorded sales — not a valuation.
South Morang at a glance
26,373
People
$709,750
Median sale
$551/wk
Median rent
4.04%
Suburb gross yield
Median sale from 10 recorded sales (last 24 months) — a Districts calculation.
Vs South Morang
-4.2%
Median sale
Suburb $709,750
+0.17 pp
Gross yield
Suburb 4.04%
Suburb median $709,750 from 10 recorded sales (last 24 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 $551/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
South Morang at a glance
26,373
People
$709,750
Median sale
$551/wk
Median rent
4.04%
Suburb gross yield
Median sale from 10 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by Harcourts Rata & Co RentalsProminently positioned in one of South Morang's most desirable pockets, this residence is situated on 648m2. Excellent inside and out, this property utilises quality fixtures and fittings to create a welcoming, restful environment.
An inviting tiled entrance leads through to interconnected living spaces accentuated by high ceilings and neutral tones. A well-appointed lounge room is complemented by open-plan family/living and dining rooms configured around a light-filled custom kitchen with gas cooktop, oven and dishwasher. With quality countertops, wide island bench with breakfast bar, sleek beech cabinetry and walk-in-pantry, this space is sure to impress!
Accommodation is a breeze with three spacious bedrooms each featuring robes and wall-to-wall carpets; generous master with ensuite and walk-in-robe. A separate study and light-filled family bathroom with separate shower and bath are tailored for comfort and convenience.
This residence is complemented by a two bespoke outdoor entertainment zones. Dine alfresco with a paved undercover area featuring caf blinds or enjoy the outstanding all-weather deck with shade sail. Refined enhancements include secure double lock-up garage, quality floor coverings, window trimmings, ducted heating and cooling. Capitalise on the opportunity to acquire a great investment or perfect family home! Live within close proximity of shops, schools and public transport. Call today for a private viewing of this fantastic home!
Photo ID Required Upon Inspection
Please come and see me at one of our offices below to discuss your real estate needs.
510 Plenty Road Mill Park 3082
219-221 High Street Thomastown 3074
767 High Street Epping 3076
952-954 High Street Reservoir 3073
http://rata.harcourts.com.au/Home/statement-of-information
Due diligence checklist - for home and residential property buyers - http://www.consumer.vic.gov.au/duediligencechecklist.
This document has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies.
Accordingly all interested parties should make their own enquiries to verify the information.
Listing description written by Arthur Dislakis, Harcourts Rata & Co Rentals — reproduced as published, not verified by Districts.
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