Spring Gully at a glance
3,085
People
$700,000
Median sale
$460/wk
Median rent
3.42%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
VIC › Spring Gully › Peita Cl
$875,000
Last sold
11 Feb 2025
5
Bedrooms
2
Bathrooms
2
Car spaces
921 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
$875,000
11 Feb 2025 · derived via latest_sale
Local land rate: recorded House sales in Spring Gully (last 5 years) with land size have a median of $870/m² of land (n=87). Districts calculation from recorded sales — not a valuation.
Spring Gully at a glance
3,085
People
$700,000
Median sale
$460/wk
Median rent
3.42%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
Vs Spring Gully
+25.0%
Median sale
Suburb $700,000
-0.69 pp
Gross yield
Suburb 3.42%
Suburb median $700,000 from 27 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 $460/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
Spring Gully at a glance
3,085
People
$700,000
Median sale
$460/wk
Median rent
3.42%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Tweed Sutherland First NationalArchitectural design, stylish updates, and a 40-jet heated swim spa are among the highlights at this spacious residence in a leafy Spring Gully cul-de-sac.
Families can enjoy multiple living zones as well as four bedrooms and an executive-sized study. Socialites can host grand-scale gatherings with an entertainer’s kitchen plus expansive undercover outdoor living measuring close to 64 square metres – with views of the city fireworks.
Tri-level design, clerestory windows, genuine hardwood floors, and a soaring 5.4-metre (18 feet approx) vaulted ceiling are some of the wonderful architectural elements in the home.
Living zones include lounge with purpose-built media alcove and modern French-style doors to the terrace.
Light-filled dining overlooks the terrace as well as a private courtyard, where bird of paradise blooms and a 1.5-metre-tall Grecian urn makes a grand statement.
Versatile family living has sliding patio doors to the garden, plus built-in storage and abundant space for furniture, a billiard table, musical instruments and more.
Outstanding kitchen boasting eight-seater island, Fisher and Paykel twin fan-forced oven tower, two step-in pantries, soft-close cabinetry, dishwasher, vaulted ceiling and spotlighting.
Main bedroom suite with modern French-style doors opening onto timber decking with remote-controlled awning and sparkling swim spa. Walk-through robe, floor-to-ceiling storage, full-sized ensuite, two-person shower, twin shower outlets, extra-wide vanity with six drawers plus cabinet storage.
Three additional bedrooms plus a large study – all with fitted storage. The study would make an ideal nursery, it’s perfectly positioned and there is ample space.
Family bathroom suite comprising separate powder room plus generous bathing room with bathtub and extra-wide shower.
Fabulous laundry offering ample bench space, wall-to-wall overhead storage, a walk-in storage room plus a walk-in drying room.
Comfort is assured with a brand new remote-controlled Coonara gas-log fire, plus reverse-cycle split system heating and cooling. More features inside the home include ducted vacuum, a security system and cosmetic updates to flooring, paintwork, soft furnishings, kitchen, bathroom and laundry.
Outdoor living is underneath a quality Spanline roof. North-facing to maximise natural light, centrally positioned to enhance your entertaining. Ceiling fan, light and power are installed. Size-wise, it’s about 8 x 5 metres to easily fit a banquet-style dining setting as well as a modular sofa set.
Timber decking surrounds an inviting swim spa with electric heating, reclined seating and 40 jets including two 2-hp jets for optimal no-impact aquatic exercise.
The property includes a 21-panel solar system, double auto-garage with bonus rear roller, private and secure backyard, shade sail, computerised watering system, rainwater storage tank, and a beautiful 1-metre-wide birdbath.
Relaxed living in a sought-after court location near state forest, schools, La Trobe University, sporting facilities, gourmet butcher, popular bakery and trendy Spring Gully General Store and café.
Contact Andrew Pearce on 0419 544 251 for more information.
Listing description written by Andrew Pearce, Tweed Sutherland First National — reproduced as published, not verified by Districts.