Mount Helen at a glance
3,163
People
$742,500
Median sale
$424/wk
Median rent
2.97%
Suburb gross yield
Median sale from 39 recorded sales (last 12 months) — a Districts calculation.
VIC › Mount Helen › Wattletree Dr
$645,000
Last sold
6 Sept 2024
6
Bedrooms
2
Bathrooms
1
Car spaces
686 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
$645,000
6 Sept 2024 · derived via latest_sale
Local land rate: recorded House sales in Mount Helen (last 5 years) with land size have a median of $660/m² of land (n=110). Districts calculation from recorded sales — not a valuation.
Mount Helen at a glance
3,163
People
$742,500
Median sale
$424/wk
Median rent
2.97%
Suburb gross yield
Median sale from 39 recorded sales (last 12 months) — a Districts calculation.
Vs Mount Helen
-13.1%
Median sale
Suburb $742,500
+0.45 pp
Gross yield
Suburb 2.97%
Suburb median $742,500 from 39 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 $424/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
Mount Helen at a glance
3,163
People
$742,500
Median sale
$424/wk
Median rent
2.97%
Suburb gross yield
Median sale from 39 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by PRD BallaratWelcome to 2 Wattletree Drive, a beautifully renovated residence nestled in the heart of the sought-after Mount Helen community. This spacious home offers an exceptional blend of modern living and versatile space, perfect for growing families or savvy investors looking for a high-demand rental property.
Key Features:
• Six Bedrooms: There is also potential to make one of the bedrooms a home office/study.
• Prime Location: Situated close to Federation University, top-rated primary and secondary schools, and the charming township of Buninyong, this home provides easy access to education, amenities, and scenic surroundings.
• Master Suite: The master bedroom boasts a generous walk-in robe and a full ensuite, offering a private retreat for parents.
• Flexible Floor Plan: The home features a spacious formal lounge that flows seamlessly into an adjoining dining area. The modern kitchen is equipped with gas cooking, a dishwasher, ample cupboard space, and room for a large fridge, making meal preparation a breeze. The kitchen extends to a spacious meals and living area, perfect for family gatherings.
• Modern Amenities: The main bathroom is well-appointed with a bath over shower and a separate toilet. A practical laundry room provides rear access, and the property is equipped with central heating, ensuring comfort during the cooler months.
• Outdoor Living: Step outside to a beautifully established garden and an enclosed rear yard. The shaded outdoor entertainment area is ideal for hosting guests or simply enjoying the serene environment.
• Ample Parking: A single garage and a large driveway offer plenty of off-street parking options.
This property is a fantastic opportunity for families seeking more space or investors targeting a high-yield area. With its versatile layout and prime location, 2 Wattletree Drive is sure to impress.
Don't miss out on the chance to make this exceptional home yours. Contact us today to arrange a viewing.
Ballarat's Best-Selling Team.
Listing description written by Penny Shields, PRD Ballarat — reproduced as published, not verified by Districts.