Winchelsea at a glance
2,966
People
$565,000
Median sale
$391/wk
Median rent
3.60%
Suburb gross yield
Median sale from 43 recorded sales (last 12 months) — a Districts calculation.
VIC › Winchelsea › Willis St
$620,000
Last sold
8 July 2021
3
Bedrooms
2
Bathrooms
0
Car spaces
804 m²
Land
304 m²
Building
Districts View
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
$620,000
8 July 2021 · derived via latest_sale
Local land rate: recorded House sales in Winchelsea (last 5 years) with land size have a median of $720/m² of land (n=65). Districts calculation from recorded sales — not a valuation.
Winchelsea at a glance
2,966
People
$565,000
Median sale
$391/wk
Median rent
3.60%
Suburb gross yield
Median sale from 43 recorded sales (last 12 months) — a Districts calculation.
Vs Winchelsea
+9.7%
Median sale
Suburb $565,000
-0.32 pp
Gross yield
Suburb 3.60%
Suburb median $565,000 from 43 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
COMMERCIAL 1 ZONE
C1Z
Jurisdiction
Surf Coast
Surf Coast, VIC
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
VICZoned COMMERCIAL 1 ZONE · C1Z (ZN). Official parcel area about 811 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.
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 811 m² — land size can look like optionality. What reduces it: DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 29. This overlay can reduce what the land size appears to promise. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $391/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned COMMERCIAL 1 ZONE · C1Z (ZN). Official parcel area about 811 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
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?
KnownlowOfficial parcel about 811 m² — land size can look like optionality. What reduces it: DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 29. This overlay can reduce what the land size appears to promise.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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
Winchelsea at a glance
2,966
People
$565,000
Median sale
$391/wk
Median rent
3.60%
Suburb gross yield
Median sale from 43 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by McCartney Real EstateThis unique, high profile corner site of approximately 804m2 includes a rear three-bedroom residence and an extensive corner commercial premises with yard space and side access. The property is presently returning a very healthy $26,685.00 per annum with the commercial tenant also paying outgoings and GST as applicable.
Currently leased as a gift shop and office, this high clearance commercial premises offers approximately 304m2, three roller door accesses, a fully fitted kitchen, staff amenities, storeroom and shop counter. Facing Winchelsea's main street, the property has an excellent frontage and exposure to passing traffic. The property is also opposite one of Winchelsea's two hotels and a commercial business hub and is within easy walking distance to the town retail centre and the Barwon River.
The residence is securely leased to February 2023 and comprises three bedrooms, entry sitting room, a new kitchen with dining area and a good size lounge room with reverse cycle air-conditioning and pleasant outlooks. The home also offers a large, covered outdoor entertaining area and a good size and private front courtyard set behind a high boundary fence.
The township of Winchelsea has experienced exponential growth over the last three years and with major subdivisions now on the drawing board the demand for commercial properties (Note: limited commercially zoned land) and investments of this nature will remain high.
Waurn Ponds, Geelong is only a 20-minute drive away on a dual highway and the delights of the Surf Coast can be enjoyed via an idyllic 25-minute drive.
Listing description written by Geoff Bennett, McCartney Real Estate — reproduced as published, not verified by Districts.