Derrimut at a glance
8,944
People
$835,000
Median sale
$494/wk
Median rent
3.08%
Suburb gross yield
Median sale from 47 recorded sales (last 12 months) — a Districts calculation.
VIC › Derrimut › Hermitage Pde
$840,000
Last sold
20 Aug 2022
4
Bedrooms
3
Bathrooms
2
Car spaces
260 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
$840,000
20 Aug 2022 · derived via latest_sale
Local land rate: recorded House sales in Derrimut (last 5 years) with land size have a median of $1,624/m² of land (n=103). Districts calculation from recorded sales — not a valuation.
Derrimut at a glance
8,944
People
$835,000
Median sale
$494/wk
Median rent
3.08%
Suburb gross yield
Median sale from 47 recorded sales (last 12 months) — a Districts calculation.
Vs Derrimut
+0.6%
Median sale
Suburb $835,000
-0.02 pp
Gross yield
Suburb 3.08%
Suburb median $835,000 from 47 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 $494/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
Derrimut at a glance
8,944
People
$835,000
Median sale
$494/wk
Median rent
3.08%
Suburb gross yield
Median sale from 47 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Westside Realty GroupDiscover the benchmark of luxury and a plush lifestyle in this French Provincial inspired home. Enjoy a lifestyle of tranquility and convenience with transport, shopping, parklands, golf club and local schools at the threshold.
This showcase home makes an immediately lasting impression. The front of the home boasts grand 3.5m high ceiling entry with split level including custom chandelier and ceiling rosea. Large 4th bedroom / Theatre room, currently being used as kids' playroom & music room and the extra bathroom and powder room is at the ground floor.
At the rear of the residence, open plan living, and Bali style backyard take center stage. Comprising the lounge, dining area, and gourmet kitchen both boasting freestanding gas ranges and dishwashers, this property displays indoor-outdoor living with distinction.
Add to this an upper-level master bedroom features WIR and build in wardrobe, ensuite with double vanity, and the balcony with sweeping views of Kororoit Creek and Bothwell Green reserve parkland. Another 2 bedrooms are functionally designed with built in robes.
With additional highlights including 2x custom chandeliers, gorgeous spot gum timber floor and plantation shutters, and ducted heating and refrigerator cooling for continual comfort, this property is the complete lifestyle package. Determined to capture attention of discerning buyers, this property will impress. Plan your viewing today.
Disclaimer: All information contained herein is obtained from property owners or third-party sources which we believe are reliable. We have no reason to doubt its accuracy, however we cannot guarantee it. All interested person/s should rely on their own enquiries.
Listing description written by Vivian Ge, Westside Realty Group — reproduced as published, not verified by Districts.