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VIC › Mount Evelyn › Reserves Rd

21 Reserves Rd, Mount Evelyn VIC 3796

House

$1,152,500

Last sold

30 May 2025

6

Bedrooms

3

Bathrooms

4

Car spaces

2,562 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,152,500 (30 May 2025).(Recorded sale)
  • FactLand 2,562 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Mount Evelyn (last 5 years) with land size: median $824/m² of land (n=94). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned GREEN WEDGE A ZONE - SCHEDULE 1 (GWAZ1) under the ZN.(Vicmap Planning · 31 Aug 2026)

What could make it worth less?

  • FactSIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 1 intersects 99.8% of this parcel.(Vicmap Planning · 31 Aug 2026)
  • FactBUSHFIRE MANAGEMENT OVERLAY intersects 99.8% of this parcel.(Vicmap Planning · 31 Aug 2026)

What should you verify next?

  1. 1SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 1 affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  2. 2BUSHFIRE MANAGEMENT OVERLAY affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  3. 3No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$1,152,500

30 May 2025 · derived via latest_sale

Local land rate: recorded House sales in Mount Evelyn (last 5 years) with land size have a median of $824/m² of land (n=94). Districts calculation from recorded sales — not a valuation.

Mount Evelyn at a glance

10,065

People

$894,000

Median sale

$574/wk

Median rent

3.34%

Suburb gross yield

Median sale from 21 recorded sales (last 12 months) — a Districts calculation.

See the full Mount Evelyn report →

Vs Mount Evelyn

+28.9%

Median sale

Suburb $894,000

-0.75 pp

Gross yield

Suburb 3.34%

Suburb median $894,000 from 21 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

ZN

Zone

GREEN WEDGE A ZONE - SCHEDULE 1

GWAZ1

Jurisdiction

Yarra Ranges

Yarra Ranges, VIC

Planning overlays

  • SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 1Detected — 99.8% of parcel

Development activity

Data unavailable

Source

  • Provider: Vicmap Planning
  • Dataset: PLAN_ZONE
  • Retrieved: 31 Aug 2026
  • Version: 1
  • Parcel: 1353283

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Detected — official

The official layer maps a bushfire risk zone on this parcel, intersecting about 99.8% of it (Vicmap Planning, retrieved 31 Aug 2026). Verify the extent against the title before relying on unaffected land.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$1,152,50030 May 2025
  2. Listedprice unknowncompleted15 Apr 2025
  3. Listedprice unknowncompleted15 Apr 2025

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Confidence: medium

Zoned GREEN WEDGE A ZONE - SCHEDULE 1 · GWAZ1 (ZN). Official parcel area about 2,566 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Official parcel about 2,566 m² — land size can look like optionality. What reduces it: SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 1; BUSHFIRE MANAGEMENT OVERLAY. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $574/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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.

3 of 10 questions answered so far

  • Development optionality of this lot

    Knownmedium

    Zoned GREEN WEDGE A ZONE - SCHEDULE 1 · GWAZ1 (ZN). Official parcel area about 2,566 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Knownlow

    Official parcel about 2,566 m² — land size can look like optionality. What reduces it: SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 1; BUSHFIRE MANAGEMENT OVERLAY. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.

  • Lot-level flood

    Unknown

    Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    No DA adapter returned applications for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Mount Evelyn in one glance

Mount Evelyn at a glance

10,065

People

$894,000

Median sale

$574/wk

Median rent

3.34%

Suburb gross yield

Median sale from 21 recorded sales (last 12 months) — a Districts calculation.

See the full Mount Evelyn report →

Keep researching

  • Why Mount Evelyn? Read the area thesis →
  • What else is on the market in Mount Evelyn →
  • Other records on Reserves Rd →

Listing material

Listed by Bell Real Estate Montrose

A Storybook Sanctuary with Space to Roam on ½ Acre

Tucked at the quiet tail end of a no-through road - where the only traffic comes from friendly walkers, the occasional wallaby, and the gentle hum of the postie doing his rounds - this enchanting Mt Evelyn retreat feels more like a well-kept secret than a suburban address. Set on a generous 2562m² (approx.) half-acre block wrapped in tree ferns, natives, and birdsong, it’s a setting where childhood adventures come alive and grown-up serenity finds its place.

This split-level weatherboard home wraps you in rustic charm from the moment you arrive. Timber-lined raked ceilings stretch above a lounge warmed by a crackling wood fire, with an exposed brick feature wall offering timeless character and cosy winter appeal. The kitchen is a heart-stealer - centred by a handcrafted red gum benchtop, quality stainless steel appliances, a breakfast bar, and a huge walk-in pantry to keep daily mess out of sight. Adjacent, a dedicated dining room invites connection and conversation, flowing effortlessly to the alfresco beyond.

The first level houses four robed bedrooms, serviced by a fully renovated and tiled family bathroom - two enjoying ensuite-style access - and a sparkling new bathroom beside the main, complete with a rain shower and deep soaking tub. Upstairs, two expansive bedrooms with lush outlooks and a third bathroom offer flexibility for large, blended or multigenerational families.

Read the full description

Outside, the lifestyle expands. A semi-covered front deck with built-in spa sets the tone for sunset soaks and starry nightcaps, while the rear reveals terraced gardens, a paved entertaining zone, and endless scope to explore, gather, or simply unwind. Think citrus fruit trees, herb gardens, maples and the crackle of a bonfire - this is nature’s playground.

Just minutes to Mt Evelyn village, schools, reserves, and trails that wind toward Olinda or the Yarra Valley, this is the kind of address you whisper about - until it becomes your own.

At a Glance:

- 6-bedroom, 3-bathroom character weatherboard on 2562m²

- Two updated fully tiled bathrooms

- Magical no-through road location with reserve and walking track access

- Modern kitchen with stainless-steel appliances, red gum benchtop & huge walk-in pantry

- Wood fire, ducted heating, split systems, ceiling fans

- Expansive front deck with heated spa and entertainer’s rear yard

- Peaceful setting with prolific birdlife, kookaburras & a resident echidna

- Double garage, tandem carport, rainwater tank, under-stair/roof/deck storage

- Walk to schools, trails, and central Mt Evelyn

Disclaimer: All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice.

Listing description written by Allan Dowdell, Bell Real Estate Montrose — reproduced as published, not verified by Districts.

Property features

  • Built-in Robes
  • Dishwasher
  • Ducted Heating
  • Outside Spa
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.