Districts
SuburbsBlogSearch
|My DistrictsMy AreasSavedAlerts
Sign inGet started
Districts
SuburbsBlogSearch
|My DistrictsMy AreasSavedAlerts
Sign inGet started

VIC › Granite Rock › Waterholes Rd

195 Waterholes Rd, Granite Rock VIC 3875

For saleRural Property

$530,000–$560,000

For sale

Asking range

3

Bedrooms

1

Bathrooms

6

Car spaces

200,000 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $530,000–$560,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $530,000–$560,000(Listing record · 14 Aug 2026)
  • CalculationLand 200,000 m² against a 124 m² dwelling — the land is most of what is being bought.(Districts calculation)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$530,000–$560,000

Asking range · $3/m² of land

No recorded sale for this property.

Granite Rock at a glance

No data

Median sale

No data

Median rent

No data

Suburb gross yield

See the full Granite Rock report →

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$530,000
Stamp Duty (Victoria)
$26,870
Transfer/Registration Fee
$1,344
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$561,914

$31,914 on top of the price (6.0% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Based on the low end of the asking range, not a contract price.

No rent is recorded for this listing. Enter a weekly rent to model yield.

Enter a purchase price and weekly rent to calculate yield.

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$530,000–$560,000available14 Aug 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

No advertised rent and no suburb rent aggregate are loaded. Official bond files are not loaded. Listing rent and suburb aggregates are evidence, not this address’s rent.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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.

0 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Unknown

    No advertised rent and no suburb rent aggregate are loaded. Official bond files are not loaded. Listing rent and suburb aggregates are evidence, not this address’s rent.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Granite Rock in one glance

Granite Rock at a glance

No data

Median sale

No data

Median rent

No data

Suburb gross yield

See the full Granite Rock report →

Keep researching

  • Why Granite Rock? Read the area thesis →
  • What else is on the market in Granite Rock →
  • Other records on Waterholes Rd →

Listing material

Listed by Van Reyk Real Estate

Hobby farm near Bairnsdale - 49 acres semi-cleared and bush

Situated less than a 15 minute drive from Bairnsdale, this property of about 49 acres has been tightly held by the one family for many years. The property is now ready for its next chapter and represents a great opportunity for buyers to acquire an acreage of this size and wanting a project to improve it and add value. There is a good financial upside too if you have the ability to keep costs down by doing most of the upgrades yourself as it would ideally suit someone having building/trade experience or have friends and family that can assist with renovations and reinstating old fences should you wish to keep stock.

The timber house has an open plan living area incorporating dining and kitchen. There are three bedrooms with a renovated bathroom connected to the main bedroom. With a front verandah facing northeast you can enjoy morning coffee and lunch in the sunshine listening to the calls of the local birds. There is considerable shedding to store vehicles, trailers, general gear and lock up workshop areas as well. There is even an old style stable!

Near the house you will find a dam ideal to sit at under the shade of a tree while you read a book or look across the property. The land is a mixture of mostly natural bush and two semi-cleared areas that are currently parklike that could be pasture improved and fenced for stock. Several other dams are scattered through the property providing water for stock and native animals. Bitumen road to the property and mains electricity and tank water are connected.

Read the full description

NOTE: Should your require a bank loan, please ensure you have first spoken to your lender/broker as the property is classified for planning purposes as Farming Zone 1 and being 20ha in size, there may be some lending restrictions regarding the suitability as security or they may insist on a lower loan to value ratio affecting your ability to obtain sufficient funds for purchase.

For further details and an inspection contact Dennis van Reyk on 0409 524 780.

Property Code: 124

Listing description written by Dennis van Reyk, Van Reyk Real Estate — reproduced as published, not verified by Districts.

Also look at

Also for sale in Granite Rock

  • 515 Balfours Rd, Granite Rock VIC 3875

    1-bed rural property. Asking $370K.

    For sale
  • 9 Ronwin Ct, Granite Rock VIC 3875

    5-bed house. Asking $1.1M.

    For sale
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.