Park Orchards at a glance
4,220
People
No data
Median sale
$626/wk
Median rent
No data
Suburb gross yield
VIC › Park Orchards › Wilkinson Way
$1,940,000
Last sold
22 Nov 2024
5
Bedrooms
3
Bathrooms
3
Car spaces
3,995 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
$1,940,000
22 Nov 2024 · derived via latest_sale
Local land rate: recorded House sales in Park Orchards (last 5 years) with land size have a median of $533/m² of land (n=10). Districts calculation from recorded sales — not a valuation.
Park Orchards at a glance
4,220
People
No data
Median sale
$626/wk
Median rent
No data
Suburb gross yield
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 $626/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
Park Orchards at a glance
4,220
People
No data
Median sale
$626/wk
Median rent
No data
Suburb gross yield
Listing material
Listed by Belle Property BlackburnSOLD By Belle Property Blackburn! Experience total transparency and superior results with the dedicated team at Belle Property. Contact your local market leaders today at 9133 8088. Nestled in an exclusive pocket of Park Orchards, this substantial family home has been cleverly configured for dual living, set upon an approximate one acre corner allotment with two street frontages. Offering immediate comfort and an abundance of space suited to large or multi-generational families, this exceptional property is positioned with everything you need conveniently close, in walking distance of local schools, shopping, reserves and bus routes. Discover an expansive single level layout with scope to modernise at your leisure, delivering up-to five bedrooms, three bathrooms, three spacious living zones + study/sitting area, two kitchens and secure parking for three cars, together with a covered alfresco area, in-ground swimming pool and tennis court to restore if desired. Inside reveals a main residence with two large separate living and dining zones enhanced by the warmth of an open fireplace, gas log fireplace and air conditioning, while the immaculate timber kitchen sits at the social heart. Sliding doors flow out to a covered entertaining alfresco and double auto garage. You'll appreciate the flexibility of three bedrooms and two bathrooms, the master featuring an ensuite, while the two remaining bedrooms share the family bathroom. The second half of the home has its own entrance making it ideal for extended family, guests or to perhaps lease out. Comprising a spacious living room, neat and tidy kitchen, two further robed bedrooms, plus a family bathroom and single remote garage (via Williams Road.) A peaceful leafy setting, this property is close to all the essential amenities, just a 5-minute stroll to Ringwood North Primary School and Athlestane Reserve Playground, walking distance to Norwood Secondary College, the shops and IGA. Within moments are sought-after private schools, North Ringwood Shopping Centre, Eastland Shopping Centre and public transport links.
This property is proudly presented by Adrian Stefanetti and James Moss at Belle Property Blackburn.
Listing description written by Adrian Stefanetti, Belle Property Blackburn — reproduced as published, not verified by Districts.