Emerald at a glance
5,844
People
$920,000
Median sale
$578/wk
Median rent
3.27%
Suburb gross yield
Median sale from 68 recorded sales (last 12 months) — a Districts calculation.
VIC › Emerald › Westlands Rd
$1,300,000
Last sold
22 Nov 2024
3
Bedrooms
2
Bathrooms
2
Car spaces
1,198 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
$1,300,000
22 Nov 2024 · derived via latest_sale
Local land rate: recorded House sales in Emerald (last 5 years) with land size have a median of $412/m² of land (n=155). Districts calculation from recorded sales — not a valuation.
Emerald at a glance
5,844
People
$920,000
Median sale
$578/wk
Median rent
3.27%
Suburb gross yield
Median sale from 68 recorded sales (last 12 months) — a Districts calculation.
Vs Emerald
+41.3%
Median sale
Suburb $920,000
-0.96 pp
Gross yield
Suburb 3.27%
Suburb median $920,000 from 68 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 $578/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
Emerald at a glance
5,844
People
$920,000
Median sale
$578/wk
Median rent
3.27%
Suburb gross yield
Median sale from 68 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Barry Plant EmeraldPositioned in one of Emerald's most highly sought-after locations, this impressive family home is one for those who appreciate quality and style. Ideal for those who love to entertain the property features multiple indoor and outdoor living areas. In the heart of the home, the huge open plan living area offers ample room to host your friends and family. Designed for the chef of the family, the stylish kitchen boasts a 900mm oven with gas cooktop, ample bench and storage space, dishwasher and huge walk-through pantry to the laundry. The adjoining dining and lounge area offer direct access to the outdoor entertaining area to create a seamless indoor/outdoor living area. Massive windows flood the living area with natural light and frame the wonderful garden scenery. A separate sunroom offers a functional second living space with built in bookshelf, garden views and direct access to the second deck. The home offers three spacious bedrooms, the huge master suite features a fully fitted walk in wardrobe and ensuite bathroom whilst the secondary bedrooms both with built in robes are serviced by the family bathroom. The spacious second bedroom is double sized and currently used as a craft room. Throughout the home the quality and attention to detail is clear, featuring a 6-star energy rating, polished concrete floors, plantation shutters, security system and ducted vacuum. For year-round comfort there is gas ducted heating and a cozy woodfire in the living room for those cooler evenings. Also under roofline, there is a double garage with internal access.
Outside, the flat 1,214m2 allotment has been lovingly designed to create your own private oasis. The huge decked and covered outdoor entertaining area features an outdoor kitchen complete with stainless-steel built-in oven, bar fridge and storage. Entertain here in style year-round and enjoy the stunning outlook whilst the kids and four-legged family members run and play in the gardens. The beautiful gardens boast a perfect blend of manicured lawns, vibrant florals, mature shade trees and established hedging to give you complete privacy. For the green thumb there is a veggie patch ready for next seasons seeds. There is fantastic sundry shedding for all the tools and a wood shed with covered access to the house – perfect for winter. This property truly is a move in and do-nothing opportunity. Positioned within easy walking distance to the bustling Emerald township, cafes, restaurants, Primary school, sporting facilities, public transport and walking trails are all right at your doorstep. Secure this impressive property and reap the rewards for years to come!
Listing description written by Justin Barrot, Barry Plant Emerald — reproduced as published, not verified by Districts.