Heathcote at a glance
3,253
People
$622,500
Median sale
$412/wk
Median rent
3.44%
Suburb gross yield
Median sale from 70 recorded sales (last 12 months) — a Districts calculation.
$380,000
Last sold
7 Apr 2025
3
Bedrooms
1
Bathrooms
4
Car spaces
1,018 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
$380,000
7 Apr 2025 · derived via latest_sale
Local land rate: recorded House sales in Heathcote (last 5 years) with land size have a median of $398/m² of land (n=71). Districts calculation from recorded sales — not a valuation.
Heathcote at a glance
3,253
People
$622,500
Median sale
$412/wk
Median rent
3.44%
Suburb gross yield
Median sale from 70 recorded sales (last 12 months) — a Districts calculation.
Vs Heathcote
-39.0%
Median sale
Suburb $622,500
+2.20 pp
Gross yield
Suburb 3.44%
Suburb median $622,500 from 70 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 $412/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
Heathcote at a glance
3,253
People
$622,500
Median sale
$412/wk
Median rent
3.44%
Suburb gross yield
Median sale from 70 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Priority1 Property Bendigo* 3 bedroom weatherboard cottage on approx 1018sqm.
* Liveable house but requires plenty of work to update and modernise.
* Large 6mx8m shed with power and concrete floor.
* Annexe on side of shed – ideal for boat or storage.
* Full vehicle access to securely fenced yard – great for vehicle and pets.
* Super location within walking distance to shops.
* Once renovate would make a great home or Airbnb.
* Opportunity to subdivide or add a granny flat (STCA).
If you've been looking for one of the cutest cottages in town that needs love and renovation to bring it back to life, then look no further. Whilst being quite liveable, this original family home offers opportunity, location and a great base to transform this house into a cosy home or an investment as short term accommodation.
The large block, good sized shed with concrete floor and annexe at the side offer plenty of storage, room for trailers, boat, caravan, pets or even a pool. With the government promoting higher density living, this property does provide ample land for a granny flat, house extension or even subdividing the block (STCA).
It is important not to underestimate the work required as this is not simply a paint and floor coverings turn around property, however if your handy with the tools, appreciate the location, size of the land and also a great shed to work out of, this is well worth an inspection.
Heathcote is a charming regional gem offering a perfect blend of rural tranquility and modern conveniences. Known for its world-class Shiraz, stunning landscapes, and strong sense of community, this thriving township is an ideal place to call home. With boutique wineries, scenic walking trails, and a welcoming rural atmosphere, Heathcote provides a relaxed lifestyle just 30 mins from Bendigo and only 90 minutes from Melbourne. Whether you're looking for a peaceful retreat, an investment opportunity, or a place to raise a family, Heathcote delivers a unique mix of natural beauty, local charm, and all the shops, schools, sports facilities and amenities that are required.
Listing description written by Chris Garlick, Priority1 Property Bendigo — 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.