Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

VIC › Boronia › Mcdonald Cres

2/31 Mcdonald Cres, Boronia VIC 3155

For saleUnit

$780,000–$850,000

For sale

Asking range

3

Bedrooms

2

Bathrooms

2

Car spaces

496 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $780,000–$850,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $780,000–$850,000(Listing record · 20 Aug 2026)
  • FactLand 496 m²; no building size recorded.(Property record)
  • CalculationAsk is 20% below the Boronia median recorded sale ($980,000, n=7, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Boronia's advertised median rent ($546/wk), implied gross yield would be 3.64% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

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

$780,000–$850,000

Asking range · $1,573/m² of land

No recorded sale for this property.

Boronia at a glance

24,079

People

$980,000

Median sale

$546/wk

Median rent

2.90%

Suburb gross yield

Median sale from 7 recorded sales (last 12 months) — a Districts calculation.

See the full Boronia report →

Vs Boronia

-20.4%

Median sale

Suburb $980,000

+0.74 pp

Gross yield

Suburb 2.90%

Suburb median $980,000 from 7 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

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

Purchase Price
$780,000
Stamp Duty (Victoria)
$41,870
Transfer/Registration Fee
$1,929
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
$827,499

$47,499 on top of the price (6.1% 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.

Pre-filled with Boronia's advertised median rent — not a rent for this listing.

Net yield
2.14%
Annual cashflow (pre-tax)
$-23,868
Interest cover (DSCR)
0.41
Annual rent
$28,392
Operating expenses
$11,700
Loan amount
$624,000
Annual interest
$40,560
Gross yield
3.64%

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$780,000–$850,000available20 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?

Confidence: low

No advertised rent is recorded. Suburb median rent $546/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

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

Gross yield if leased at the suburb aggregate is 3.6%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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.

1 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

    Knownlow

    This 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

    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

Boronia in one glance

Boronia at a glance

24,079

People

$980,000

Median sale

$546/wk

Median rent

2.90%

Suburb gross yield

Median sale from 7 recorded sales (last 12 months) — a Districts calculation.

See the full Boronia report →

Keep researching

  • Why Boronia? Read the area thesis →
  • What else is on the market in Boronia →
  • Other records on Mcdonald Cres →

Listing material

Listed by Barry Plant Boronia

** FINAL OFFERS 2.30PM SATURDAY 29TH AUGUST **

Private retreat with parkland beyond.

Quietly positioned at the rear of just two and opening directly to the green expanse of Batterham Reserve, this exceptionally well-maintained three-bedroom home delivers far more space, privacy and outdoor freedom than its unit title might suggest. Set on approximately 496sqm, it pairs beautifully light-filled interiors with gleaming Tasmanian Oak floors, high ceilings and a timeless stone kitchen, while outside, a covered entertaining area, generous lawn and direct gated access to the reserve create an enviable extension of the backyard. For downsizers, young families or buyers wanting easy-care living without surrendering space, this is a wonderfully rare find.

Property Highlights:

Read the full description

• Exceptionally well-maintained three-bedroom residence positioned privately at the rear of only two homes (no owner's corporation).

• Generous 496sqm (approx.) allotment delivering a surprising sense of space and independence.

• Direct gated access from the backyard to Batterham Reserve, its playground and expansive green open spaces.

• Thoughtfully designed to maximise natural light throughout the interiors

High ceilings enhance the feeling of openness and space.

• Gleaming Tasmanian Oak floorboards bring warmth and timeless character to the living areas.

• Spacious living and dining zones provide an inviting setting for everyday relaxation and entertaining.

• Timeless kitchen featuring stone waterfall benchtops and quality stainless-steel appliances.

• Social peninsula seating creates a natural gathering point for morning coffee, homework or conversation while dinner comes together.

• Outdoor entertaining flows to a covered pergola with retractable shade blinds, allowing the space to adapt beautifully through the seasons.

• Generous lawn area provides room for children, pets, gardening or simply stretching out in the sunshine.

• Surprisingly spacious backyard with the reserve beyond providing bonus outdoor space.

• Privately positioned main bedroom with walk-in robe and ensuite with rain shower.

• Two additional robed bedrooms tucked along a separate hallway serviced by a family bathroom featuring a stone vanity, shower and bath.

• Practical laundry enhanced by a stone topped benchtop

Ducted heating, evaporative cooling and split-system air conditioning for year-round comfort.

• Solar panels and water tank add welcome efficiency.

• Double garage featuring two external pedestrian doors for convenient access.

• Drive-through roller door allows secure rear trailer parking.

• Security doors on all external doors.

• Direct reserve access means weekend walks, playground adventures and open green space are literally beyond the back gate.

Location Highlights:

• Access to Batterham Reserve at the end of the street offering local sports clubs, tennis courts, and playground.

• 5 minute drive to Boronia Train Station with direct access to the Melbourne CBD.

• Close proximity to The Basin Primary, St Bernadette's Primary and Boronia K-12 College.

• 1.6km to Alchester Village Shopping.

• 2km to Boronia Junction and Dorset Square with Coles, Woolworths, Kmart, specialty stores and eateries.

• 15 mins to Westfield Knox.

• Quick connections to EastLink and major arterials, plus the Dandenong Ranges.

Disclaimer: All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice.

Listing description written by Keith Wilson, Barry Plant Boronia — reproduced as published, not verified by Districts.

Property features

  • Built-in Robes
  • Ducted Heating
  • Ensuites: 1
  • Floorboards
  • Living Areas: 1
  • Solar Panels
  • Toilets: 2
  • Water Tank
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.