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 › Shire Ave
$500,000
Last sold
10 July 2023
3
Bedrooms
1
Bathrooms
0
Car spaces
876 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
$500,000
10 July 2023 · derived via latest_sale
Local land rate: recorded House sales in Mount Helen (last 5 years) with land size have a median of $671/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
-32.7%
Median sale
Suburb $742,500
+1.44 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. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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.
Nearby
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 Stone Real Estate BallaratIf you're ready to think outside the box and put your renovating skills to the test then this charming 3-bedroom home is the perfect place for you. Nestled in the leafy neighbourhood of Mount Helen on an elevated block you will be spoilt with views over the neighbouring paddocks and landscape. This residence boasts a timeless appeal, with its classic layout and large windows to capture so much natural light and sunshine, you will be spoilt for choice with where to sit with a great book.
Situated on a spacious 876sqm approx. block, this property offers both comfort and tranquility, making it an ideal place to call home and a renovators 'dream'. As you step inside, you'll be greeted by a warm and inviting atmosphere featuring a well-designed floor plan with 2 living areas providing plenty of space for everyone. The open plan kitchen/dining/living area is spacious and perfect for relaxing with family or hosting gatherings with friends. A glass sliding door leads out to an undercover patio where you can relax while the kids play and the pets run within a secure yard.
The kitchen overlooks a low maintenance garden and provides ample bench space with plenty of storage. A large breakfast bar big enough to accommodate the whole family will be perfect for helping the kids with homework or entertaining guests while cooking dinner.
The bedrooms are generously sized with 2 of them having walk in robes and the third offering plenty of room to incorporate a built in robe if required. The family bathroom is spacious and includes both a shower, bath and vanity with a seperate toilet and wash basin centrally located from all bedrooms.
The property sits on a generous lot, surrounded by lush greenery and mature trees. The low maintenance garden presents an opportunity for gardening enthusiasts to exercise their green thumb and plan the garden that suits your needs whether it be for entertaining or enjoying the peace and quiet with your morning coffee. There is a double lock up garage with direct access to the house and still enough room to park the caravan or boat in the large driveway.
Located in the desirable neighbourhood of Mount Helen, this home offers the best of both worlds - a serene setting with convenient access to modern amenities. Known for its natural bushland settings, providing a tranquil escape from the hustle and bustle of the city while still being within close proximity to parks, schools, shopping centres, and recreational facilities.
Don't miss the opportunity to own this charming Mount Helen home and see the potential it has to offer. Contact us on 03 5341 2200 to find out when the next Open Home will be or to organise a copy of the Section 32.
Listing description written by Stuart Brien, Stone Real Estate Ballarat — reproduced as published, not verified by Districts.