Yarra Glen at a glance
3,135
People
$1,014,000
Median sale
$550/wk
Median rent
2.82%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
VIC › Yarra Glen › Wedgewood Ct
$645,000
Last sold
2 Sept 2019
3
Bedrooms
2
Bathrooms
2
Car spaces
593 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
2 Sept 2019 · derived via latest_sale
Local land rate: recorded House sales in Yarra Glen (last 5 years) with land size have a median of $1,033/m² of land (n=65). Districts calculation from recorded sales — not a valuation.
Yarra Glen at a glance
3,135
People
$1,014,000
Median sale
$550/wk
Median rent
2.82%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
Vs Yarra Glen
-36.4%
Median sale
Suburb $1,014,000
+1.61 pp
Gross yield
Suburb 2.82%
Suburb median $1,014,000 from 18 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 $550/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
Yarra Glen at a glance
3,135
People
$1,014,000
Median sale
$550/wk
Median rent
2.82%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Jellis Craig Yarra Ranges LilydaleThere's more here than first meets the eye and you'll be impressed to discover all that lies beyond the charming façade of this single level residence. Set on a 593m2 allotment, the home has been designed with class for a modern lifestyle and it effortlessly delivers on size, comfort and quality.
The warm, natural colour palette sets the tone and classic accents add a flair of sophistication to what is also simply a comfortable family home. High ceilings, plenty of windows bringing in natural light, two spacious living areas, a stylish and well-equipped kitchen, and a zoned floor plan create an inviting abode that is highly appealing.
Outside, the fully fenced backyard is easily accessible and is perfect as a play space or as a blank canvas for a budding gardener. The list of inclusions will delight: double garage with high ceiling, internal access and rear roller door to the backyard, ducted heating, 2 split system air conditioners, stainless steel appliances, dishwasher, outdoor deck, water tank and welcoming front verandah.
Once you've discovered all that lies within, take a look at all that you get just by being in this superb location: immediate access to the racecourse, mere minutes to the wetlands and all the convenience of Yarra Glen main street just around the corner. The popular MacKenzie Reserve, community hubs, primary school, the Chocolatiere and famous wineries are also within minutes of this charming home.
Listing description written by Gary Fletcher, Jellis Craig Yarra Ranges Lilydale — reproduced as published, not verified by Districts.