Northcote at a glance
27,428
People
$1,620,000
Median sale
$615/wk
Median rent
1.97%
Suburb gross yield
Median sale from 19 recorded sales (last 12 months) — a Districts calculation.
VIC › Northcote › Zoe Circuit
For sale
For sale
8
Bedrooms
4
Bathrooms
2
Car spaces
546 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
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
Asking
No recorded sale price for this property yet.
Northcote at a glance
27,428
People
$1,620,000
Median sale
$615/wk
Median rent
1.97%
Suburb gross yield
Median sale from 19 recorded sales (last 12 months) — a Districts calculation.
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 $615/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
Northcote at a glance
27,428
People
$1,620,000
Median sale
$615/wk
Median rent
1.97%
Suburb gross yield
Median sale from 19 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Vicprop IvanhoeAn exceptional opportunity to secure a versatile property on 546sqm approx. of land, offering outstanding appeal for both owner-occupiers seeking a spacious and flexible home and investors looking for a high-yielding property with strong income potential. With substantial accommodation, generous land and a highly adaptable layout, this unique property presents a range of possibilities to suit different buyer requirements.
Thoughtfully converted into 8 individually tenanted rooms, with select rooms featuring ensuites, the property is currently generating an impressive $157,040 in gross annual income. Operating as a Class 1B Rooming House, the property is fully furnished and equipped with appliances, with all required council approvals in place and registered for use. Residents benefit from access to a central kitchen and dining area, dedicated laundry facilities with washing machines, a gazebo and an enclosed entertainment area.
For investors, the property offers an established income stream, strong rental potential and an attractive high-yield proposition. For owner-occupiers, the substantial landholding and flexible accommodation provide the opportunity to create a spacious family residence, accommodate extended or multi-generational living, or utilize the existing configuration to suit individual lifestyle needs.
Ideally positioned for convenience and connectivity, Northcote Train Station is approximately a 5-minute drive or 15-minute walk away, with the Bus 508 stop just a 1-minute walk from the property. Tram routes 96 and 11 are within an 8-minute walk, while Northcote Plaza Shopping Centre is approximately 6 minutes by car and CERES Shops are an easy 11-minute walk away.
Situated within the prestigious Sumner Estate on Zoe Circuit, Northcote, the property borders Brunswick East and enjoys a peaceful setting close to the Merri Creek parklands. Combining generous land, versatile accommodation, established income and exceptional flexibility, this is a compelling opportunity for both owner-occupiers and investors seeking a property with genuine lifestyle and investment appeal in one of Melbourne’s sought-after inner-north precincts.
Listing description written by James Goulopoulos, Vicprop Ivanhoe — reproduced as published, not verified by Districts.