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VIC › Mount Eliza › Burong Ct

2 Burong Ct, Mount Eliza VIC 3930

House

$1,400,000

Last sold

14 Dec 2021

3

Bedrooms

2

Bathrooms

2

Car spaces

1,069 m²

Land

13.5 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,400,000 (14 Dec 2021).(Recorded sale)
  • CalculationLand 1,069 m² against a 14 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Mount Eliza (last 5 years) with land size: median $1,800/m² of land (n=38). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

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

What this lot has actually traded at

Last sold

$1,400,000

14 Dec 2021 · derived via latest_sale

Local land rate: recorded House sales in Mount Eliza (last 5 years) with land size have a median of $1,800/m² of land (n=38). Districts calculation from recorded sales — not a valuation.

Mount Eliza at a glance

19,110

People

No data

Median sale

$780/wk

Median rent

No data

Suburb gross yield

See the full Mount Eliza report →

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. Sold$1,400,00014 Dec 2021
  2. Listedprice unknowncompleted23 Nov 2021

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 $780/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

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.

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

Mount Eliza in one glance

Mount Eliza at a glance

19,110

People

No data

Median sale

$780/wk

Median rent

No data

Suburb gross yield

See the full Mount Eliza report →

Keep researching

  • Why Mount Eliza? Read the area thesis →
  • What else is on the market in Mount Eliza →
  • Other records on Burong Ct →

Listing material

Listed by Nicholas Lynch

Wisteria - OFFER DEADLINE Wednesday 8th December at 1pm

Bright and fresh, this classic sun-filled home is ready to move into whilst dishing up plenty of scope for you to enhance further and really make it your own. Nestled on a generous-sized allotment of approx. 1069sqm in a beachside pocket of beautiful Mt Eliza, it is perfectly placed for families – quality schooling options, local shops, bus stops and the bay are all just moments away. With a pretty Wisteria-laden verandah providing an idyllic welcome, and with glossy hardwood floors flowing seamlessly throughout, accommodation includes an open plan lounge/dining area, a well-equipped and practical kitchen with dishwasher, casual meals area, central bathroom and three robed bedrooms including the tranquil master with large walk-in robe and ensuite. The generous back yard with patio is a space the entire family can enjoy, plus large 7m x 6m storage shed/workshop is ideal for a tradesperson or home handyman, while the home also offers split system heating/cooling and full laundry. Move straight in or rent the home out, extend or modernise further – alternatively start again with your very own brand-new showstopper (STCA). Metres to the bay, the home is within easy reach of Kunyung Primary & Preschool while the Peninsula School and many retail & dining attractions of the village are also close by.

* Bright & fresh 3-bedroom, 2-bathroom family home

* Open plan lounge/dining area, casual meals area

Read the full description

* Well-equipped, practical kitchen with dishwasher

* Tranquil master with walk-in robe & ensuite

* Two additional bedrooms with built-in robes

* Central family bathroom and full laundry

* Glossy hardwood floors, split system

* Large 7m x 6m shed/workshop with possible car access

* Beachside pocket near Kunyung PS & preschool

* Close to restaurants, shops & Peninsula School

* Move in, rent out, update or start again (STCA)

---------------------------------------

Nicholas Lynch Real Estate is committed to protecting the health and welfare of vendors, buyers, landlords, tenants, staff and anyone who lives in or attends the properties that we manage, in the face of the COVID-19 virus.

For more information, and to view the Conditions of Entry, please visit: http://nicholaslynch.net/covid/COE.pdf

To complete the COVID-19 declaration, please visit: http://declaration.nicholaslynch.com.au/

---------------------------------------

Photo I.D. required at all Inspections.

Listing description written by Bailey White, Nicholas Lynch — reproduced as published, not verified by Districts.

Property features

  • Living Areas: 2
Districts

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

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