California Gully at a glance
4,449
People
$599,000
Median sale
$444/wk
Median rent
3.85%
Suburb gross yield
Median sale from 43 recorded sales (last 12 months) — a Districts calculation.
VIC › California Gully › Mcgowan St
$485,000
Last sold
31 Oct 2023
3
Bedrooms
1
Bathrooms
2
Car spaces
848 m²
Land
175.3 m²
Building
Districts View
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
$485,000
31 Oct 2023 · derived via latest_sale
Local land rate: recorded House sales in California Gully (last 5 years) with land size have a median of $810/m² of land (n=119). Districts calculation from recorded sales — not a valuation.
California Gully at a glance
4,449
People
$599,000
Median sale
$444/wk
Median rent
3.85%
Suburb gross yield
Median sale from 43 recorded sales (last 12 months) — a Districts calculation.
Vs California Gully
-19.0%
Median sale
Suburb $599,000
+0.91 pp
Gross yield
Suburb 3.85%
Suburb median $599,000 from 43 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 $444/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
California Gully at a glance
4,449
People
$599,000
Median sale
$444/wk
Median rent
3.85%
Suburb gross yield
Median sale from 43 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Gavin Butler Real Estate- Outstanding family home (circa 1960) that has been well maintained and is perfect for families or the first home buyer
- Fabulous block of 848m2 perfect for the children to enjoy the outdoor spaces and the lush green grass in the rear and front yard
- A very unique and spacious home in a central locale ideal for families, investors or retirees. An extensive extension has been added to the home making the home approximately 19.0 sqrs of living space. The extension includes a large family room and sun/rumpus room presenting the option for three living areas
- The home has a very versatile floorplan that offers options for up to four bedrooms for the growing family as the family room could easily be utilised as a very large bedroom whilst still leaving you with two living areas
- Large open plan kitchen/ meals area adjoining the formal lounge room. The sun room and family room create the spaciousness of the home for all families
- Underneath the home is a basement area ideal for a second workshop or perfect for storage, nice cool area for those wanting a wine cellar
- The home is a good solid home, very live-able and simply move in for those wanting to take up occupation, it has been a very loved family home over its journey
- Good storage throughout the home both internally and externally
- Master bedroom has floor to ceiling mirrored robes and the second bedroom has extensive robes and dresser
- The main bathroom has been updated and provides very good access with a large shower with wheelchair access
- Enjoy the views from the front verandah across Bendigo and the reserve adjacent
- Ducted evaporative cooling, gas heating and ceiling fans for all heating and cooling requirements
- There is excellent storage throughout the home both internally and externally
- Undercover entertainment area with built in barbeque and a workshop with concrete floor and power
- Fabulous block of 848m2 with lawn fruit trees (Lemon, apple and two peach trees), diagonally opposite is a small park/reserve to enjoy with the family
- Close to supermarkets, public transport, Hospital, schools, cafes and all amenities
- Fabulous home very worthy of an inspection
This very unique home is warmly inviting, conveniently positioned and only minutes to the Bendigo CBD, shopping centres, train station, top schools and restaurants.
This information has been provided to us by third parties and we do not accept any responsibility for its accuracy. You should make your own enquiries and check the information so as to determine whether or not this information is in fact accurate. You must make your own assessment and obtain professional advice if necessary.
Property Code: 824
Listing description written by Gavin Butler, Gavin Butler Real Estate — reproduced as published, not verified by Districts.