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VIC › Craigieburn › Wattletree St

21 Wattletree St, Craigieburn VIC 3064

For saleHouse for Sale

$780,820

For sale

Asking

4

Bedrooms

2

Bathrooms

2

Car spaces

448 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $780,820 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $780,820(Listing record · 14 May 2026)
  • FactLand 448 m²; no building size recorded.(Property record)
  • CalculationIf it leased at Craigieburn's advertised median rent ($533/wk), implied gross yield would be 3.55% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No 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

The ask against the evidence

Asking

$780,820

Asking · $1,743/m² of land

No recorded sale for this property.

Craigieburn at a glance

71,986

People

No data

Median sale

$533/wk

Median rent

No data

Suburb gross yield

See the full Craigieburn report →

Total cost to purchase

Purchase Price
$780,820
Stamp Duty (Victoria)
$41,919
Transfer/Registration Fee
$1,929
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$828,368

$47,548 on top of the price (6.1% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Craigieburn's advertised median rent — not a rent for this listing.

Net yield
2.05%
Annual cashflow (pre-tax)
$-24,599
Interest cover (DSCR)
0.39
Annual rent
$27,716
Operating expenses
$11,712
Loan amount
$624,656
Annual interest
$40,603
Gross yield
3.55%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

Not retrieved

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

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. Listed$780,820available14 May 2026

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?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $533/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

Gross yield if leased at the suburb aggregate is 3.5%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • 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?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). 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

    Development applications have not been queried 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

Craigieburn in one glance

Craigieburn at a glance

71,986

People

No data

Median sale

$533/wk

Median rent

No data

Suburb gross yield

See the full Craigieburn report →

Keep researching

  • Why Craigieburn? Read the area thesis →
  • What else is on the market in Craigieburn →
  • Other records on Wattletree St →

Listing material

Listed by Bombay Real Estate

A Home That Delivers Space, Comfort and Lasting Impression

Nestled within one of Craigieburn's most peaceful and family oriented pockets, this beautifully designed residence delivers an exceptional lifestyle defined by space, sophistication, and everyday convenience. Showcasing contemporary style with a warm and welcoming atmosphere, the home has been thoughtfully crafted to offer effortless living for growing families, first home buyers, and savvy investors alike.

Filled with an abundance of natural sunlight, the expansive interiors create an immediate sense of comfort and luxury from the moment you step inside. The intelligently designed floorplan seamlessly connects the living, dining, and entertaining zones, providing the perfect balance of functionality and modern elegance. Every space has been enhanced with quality finishes and stylish contemporary touches, creating a home that feels both refined and inviting.

At the heart of the residence lies a stunning designer kitchen equipped with premium appliances, sleek cabinetry, generous bench space, and sophisticated finishes, making it the ideal setting for everyday meals, entertaining guests, or creating lasting family memories. The spacious master suite offers a private sanctuary complete with a walk in robe and elegant styling, while the remaining bedrooms are generously proportioned to comfortably accommodate the needs of the entire family.

Read the full description

Stepping outdoors, the home continues to impress with a beautifully decked low maintenance backyard and a fully enclosed pergola designed for year round entertaining. Whether hosting family gatherings, weekend barbecues, or simply relaxing in complete privacy, this outdoor setting provides the ultimate extension of the indoor living experience. Side access further enhances practicality, while central heating and cooling ensure complete comfort throughout every season.

Property Highlights

• Spacious master retreat with walk in robe

• Designer kitchen featuring premium appliances and modern finishes

• Expansive open plan living and dining zones filled with natural light

• Fully decked low maintenance backyard ideal for entertaining

• Enclosed pergola perfect for all season enjoyment

• Central heating and cooling for year round comfort

• Stylish contemporary interiors with quality craftsmanship throughout

• Spacious family accommodation with a highly functional floorplan

• Seamless connection between indoor and outdoor living spaces

• Side access offering additional convenience and practicality

• Quiet and highly sought after family friendly location

Perfectly positioned for lifestyle convenience, this exceptional residence enjoys close proximity to Craigieburn Central Shopping Centre, cafés, parklands, walking trails, childcare facilities, medical centres, and quality local schools including Oscar Romero Primary School, Aitken Primary School, Newbury Primary School, Mount Ridley College Secondary Campus, and Hume Anglican Grammar. Residents will also appreciate the convenience of nearby Highlander Community Centre, Newbury Community Centre, and Arcare Aged Care, creating a truly connected and family focused neighbourhood. Public transport options and Craigieburn Station are only moments away, while easy access to Craigieburn Road and Mount Ridley Road ensures a smooth commute to surrounding suburbs and Melbourne CBD.

Offering a rare combination of modern sophistication, family functionality, and premium location appeal, this outstanding residence presents an unforgettable opportunity to secure one of Craigieburn's finest lifestyle homes. Elegant, spacious, and impeccably maintained, this is the kind of property buyers instantly fall in love with the moment they arrive

Due diligence checklist - for home and residential property buyers -

http://www.consumer.vic.gov.au/duediligencechecklist

Listing description written by Bikram Sidhu, Bombay Real Estate — reproduced as published, not verified by Districts.

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

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