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VIC › Yea › William Hovell Way

21 William Hovell Way, Yea VIC 3717

House

4

Bedrooms

2

Bathrooms

2

Car spaces

875 m²

Land

185 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • CalculationLand 875 m² against a 185 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Yea (last 5 years) with land size: median $590/m² of land (n=84). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.
  • FactZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 (GRZ1) under the ZN.(Vicmap Planning · 1 Sept 2026)

What could make it worth less?

  • FactDEVELOPMENT PLAN OVERLAY - SCHEDULE 1 intersects 99.8% of this parcel.(Vicmap Planning · 1 Sept 2026)
  • FactLAND SUBJECT TO INUNDATION OVERLAY - SCHEDULE 1 intersects 5.9% of this parcel.(Vicmap Planning · 1 Sept 2026)

What should you verify next?

  1. 1DEVELOPMENT PLAN OVERLAY - SCHEDULE 1 affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  2. 2LAND SUBJECT TO INUNDATION OVERLAY - SCHEDULE 1 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

No recorded sale price for this property yet.

Local land rate: recorded House sales in Yea (last 5 years) with land size have a median of $590/m² of land (n=84). Districts calculation from recorded sales — not a valuation.

Yea at a glance

1,986

People

$655,000

Median sale

$436/wk

Median rent

3.46%

Suburb gross yield

Median sale from 39 recorded sales (last 12 months) — a Districts calculation.

See the full Yea report →

Planning

Planning and development

Planning scheme

ZN

Zone

GENERAL RESIDENTIAL ZONE - SCHEDULE 1

GRZ1

Jurisdiction

Murrindindi

Murrindindi, VIC

Planning overlays

  • DEVELOPMENT PLAN 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: 430970224

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

Detected — official

The official layer maps a flood zone on this parcel, intersecting about 5.9% of it (Vicmap Planning, retrieved 31 Aug 2026). Verify the extent against the title before relying on unaffected land.

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. Soldprice unknown4 Aug 2025
  2. Listedprice unknowncompleted7 Mar 2025
  3. Listedprice unknowncompleted7 Mar 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 GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 876 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: medium

5.9% of the official parcel intersects the loaded flood overlay. Layer: LAND SUBJECT TO INUNDATION OVERLAY - SCHEDULE 1. That is a finance, insurance, and rentability screen — distinct from whether the land can be subdivided. It is not a flood certificate or an insurer quote. Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Official parcel about 876 m² — land size can look like optionality. What reduces it: DEVELOPMENT PLAN OVERLAY - SCHEDULE 1; LAND SUBJECT TO INUNDATION OVERLAY - SCHEDULE 1. 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 $436/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. Flood on or flagged for this lot can discount tenant demand versus a dry comparable.

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

This looks more like a hold-as-is house than a development site. Flood on the lot is the first thing to price.

Detail

Official parcel about 876 m² — land size can look like optionality. What reduces it: DEVELOPMENT PLAN OVERLAY - SCHEDULE 1; LAND SUBJECT TO INUNDATION OVERLAY - SCHEDULE 1. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.

Read more

Nearby competing dwellings and net yield are still unknown.

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.

4 of 10 questions answered so far

  • Development optionality of this lot

    Knownmedium

    Zoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 876 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?

    Knownmedium

    Official parcel about 876 m² — land size can look like optionality. What reduces it: DEVELOPMENT PLAN OVERLAY - SCHEDULE 1; LAND SUBJECT TO INUNDATION OVERLAY - SCHEDULE 1. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.

  • Lot-level flood

    Knownmedium

    5.9% of the official parcel intersects the loaded flood overlay. Layer: LAND SUBJECT TO INUNDATION OVERLAY - SCHEDULE 1. That is a finance, insurance, and rentability screen — distinct from whether the land can be subdivided. It is not a flood certificate or an insurer quote.

  • 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

Yea in one glance

Yea at a glance

1,986

People

$655,000

Median sale

$436/wk

Median rent

3.46%

Suburb gross yield

Median sale from 39 recorded sales (last 12 months) — a Districts calculation.

See the full Yea report →

Keep researching

  • Why Yea? Read the area thesis →
  • What else is on the market in Yea →
  • Other records on William Hovell Way →

Listing material

Listed by Nutrien Harcourts Yea

New Build Smart Home

The team at Nutrien Harcourts Yea is pleased to present this brand-new luxury family home, located in the peaceful Yea Springs Estate. Boasting four spacious bedrooms, a home office nook and two living areas, this residence offers an ideal blend of style and functionality. The master suite is a true retreat, featuring a walk-in robe with LED strip lighting, ensuite with a double shower, double vanity and separate toilet. Three additional queen size bedrooms with built in robes, serviced with a central bathroom and separate toilet, ensuring ample privacy for every family member or guest.

The heart of the home is the expansive open plan living, kitchen, dining area, showcasing the waterfall stone benchtops, a 900mm oven, and a walk-in butler's pantry. Stunning flooring flows throughout, complemented by floor to ceiling double-glazed windows and smart tech system controlling heating & cooling, security, speakers, lights and irrigation, remotely ensuring year-round comfort.

Step out to a undercover alfresco area, complete with lined ceiling that provides the perfect outdoor space for entertaining. Step down to the landscape gardens and easy access to the remote double garage with internal access. A compacted rock pad at the rear offers versatile use, whether it's for a shed, additional parking for a caravan or boat, or a play area for the kids.

Read the full description

This exceptional property is ready to welcome a family or a couple that like space for entertaining guest. 21 William Hovell Way presents a rare opportunity to own a brand new home that truly has it all.

Features include:

- Smart/Tech items - home automation

- Ducted aircon & heating - 6 Zones

- Irrigation to all lawns and garden beds using rainbird controller

- Gainsborough Smart door lock

- Feature lighting throughout

- Swann Security Camera System

- NBN fibre to premises 100mb+ Download speed

Contact Kye Rishworth on 0407 041 395 or Kerryn Rishworth on 0412 346 169

for further information.

* Inspections for this property are strictly by private appointment only. Please respect the peace and quiet nature of the region and do not enter the property grounds without being accompanied by an agent. ** All information contained herein is gathered from sources we believe to be reliable however, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.

Listing description written by Kye Rishworth, Nutrien Harcourts Yea — reproduced as published, not verified by Districts.

Property features

  • Alarm System
  • Built-in Robes
  • Deck
  • Dishwasher
  • Ducted Cooling
  • Ducted Heating
  • Fully Fenced
  • Outdoor Entertaining
  • Remote Garage
  • Rumpus Room
  • Secure Parking
  • Study
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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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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.