Selby at a glance
1,603
People
$840,000
Median sale
$628/wk
Median rent
3.89%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
VIC › Selby › Currajong Ave
$720,000
Last sold
26 Apr 2017
4
Bedrooms
2
Bathrooms
4
Car spaces
2,061 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
$720,000
26 Apr 2017 · derived via latest_sale
Local land rate: recorded House sales in Selby (last 5 years) with land size have a median of $425/m² of land (n=71). Districts calculation from recorded sales — not a valuation.
Selby at a glance
1,603
People
$840,000
Median sale
$628/wk
Median rent
3.89%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Vs Selby
-14.3%
Median sale
Suburb $840,000
+0.65 pp
Gross yield
Suburb 3.89%
Suburb median $840,000 from 17 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 $628/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
Selby at a glance
1,603
People
$840,000
Median sale
$628/wk
Median rent
3.89%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Bell Real Estate OlindaWelcome home to your retreat in the hills! On the high side of the road with vistas through to the city skyline, you will feel on top of the world!
The inviting stone paved entry with solid contemporary timber double front entry doors, opens into spacious living areas with soaring cathedral ceilings and exposed timber rafters creating a dramatic architectural statement. Floor to ceiling windows and highlight clerestory windows fill the home with natural northern light. Beautiful and expansive cypress pine solid timber floors bring a warmth and a natural hue to the living spaces. A stunning new kitchen fully equipped with twin Bosch stainless steel ovens, Bosch slide out range hood, Bosch electric induction cooktop, Fisher & Paykel dishwasher, and easy clean splashbacks will satisfy the fussiest of home cooks. A neutral kitchen palette with high gloss doors, pull out drawer storage, and a built in family sized island breakfast bench provides masses of storage below, complimented by polished porcelain floor tiles underfoot.
This green and clean home on a concrete slab boasts a roaring built in wood heater which efficiently heats the whole home in winter and 3kW solar panels to supplement electricity bills. Ceiling fans and gas ducted heating compliment temperature control for your comfort level when required. A centrally located study nook caters for home study and an additional lounge area or formal dining area adjoins the kitchen.
Four fully carpeted bedrooms, all with built in robes, occupy the split level upper floor with ample storage cupboards to the hallway. The master bedroom with built in robes and spacious entry area, is served by a modern ensuite and the comfort of split system air conditioning. Twin basins to the updated family bathroom, and separate toilet ensure all the family members are well catered for.
The main living areas spill out onto a substantial outdoor deck that provides ample space to entertain family and friends for a gathering or barbeque. The gently sloping grassy block is vastly open to the northern aspect allowing sundrenched outdoor living.
Your own little patch of paradise is backed by the Selby Bushland Reserve creating a private, peaceful and tranquil backyard and beyond with all the space you need to kick the footy or throw the frisbee. In addition, the kids or grandkids will be happy with their own cubby house and semi-recessed trampoline ready to bounce on!
A large garden shed provides lockable storage for the mower, tools, bikes and toys. A vegie patch area and extensive grounds provide ample space to keep the gardener in the family satisfied and a large woodbox and storage areas keep the firewood supply dry and in easy reach.
The drive through carport with ring drive and extra drive-through parking ensures all cars are easily accommodated and allows multiple exits.
Please note: All property details shown are correct at time of publishing. Some properties may have been sold in the preceding 24 hours and we recommend that you confirm open for inspection times with the listing agent direct or the listing office.
Listing description written by Trevor Bell, Bell Real Estate Olinda — reproduced as published, not verified by Districts.