Newington at a glance
1,719
People
$630,000
Median sale
$433/wk
Median rent
3.57%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
VIC › Newington › Russell St
4
Bedrooms
2
Bathrooms
2
Car spaces
725 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
Last sold
No recorded sale price for this property yet.
Local land rate: recorded House sales in Newington (last 5 years) with land size have a median of $1,272/m² of land (n=70). Districts calculation from recorded sales — not a valuation.
Newington at a glance
1,719
People
$630,000
Median sale
$433/wk
Median rent
3.57%
Suburb gross yield
Median sale from 15 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 $433/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
Newington at a glance
1,719
People
$630,000
Median sale
$433/wk
Median rent
3.57%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Barry Plant BallaratSituated in one of Ballarat's most prestigious precincts in a location that can only be described as sensational, is this high-end contemporary family home well equipped for living and entertaining. On a block of approximately 725sqm it has four bedrooms, two living areas, a study, two bathrooms, a powder room and double lockup garage. Also with an expansive outdoor living/decking area and secure yard in a quiet cul de sac, it has everything required for comfortable family living.
Upon entry you are immediately impressed with the expansive hall and 12 ft ceilings, the high ceilings and atrium windows give this home an open and light filled feeling. The study is immediately to the left and is conveniently next to the master bedroom. The master bedroom is a light filled room with high windows, an ensuite, WIR and split system. Journeying through, the property opens-up with the decking and garden on the left and the massive open plan kitchen/living area. On the right a large formal lounge with a feature gas flame heater gives ambience and warmth. A powder room services the lounge and decking when entertaining.
The kitchen/living area has a sophisticated set-up. The kitchen is striking with a cascading stone island bench, breakfast bar and stainless-steel appliances. It has a large walk-in pantry and plenty of storage and equipment cavities. The tri-folding glass doors in the meals area opens to the decking providing an ideal set-up for indoor/outdoor living. The high atrium windows operate electronically to produce air-flow, the room has a large AC system that services the house and there is underfloor slab heating that ensuring constant comfort during the cold months. Coupled with double glazing and a 4kW solar system this is a comfortable and efficient home.
The 3 other bedrooms can be closed off from the living space and all well sized with built-in-robes and are service by a large bathroom with bath, shower and toilet.
With Victoria Park across the street, Lake Wendouree and some of Victoria's finest schools a short walk away. Ballarat Clarendon College, St Patricks College, Loreto College, Ballarat High School, Newington Primary School and Pleasant Street Primary School are all within a 1 km radius. Close by are also Ballarat Golf Club, the driving range, Ballarat Aquatic Centre, the City Oval, rowing clubs and the Ballarat Yacht Club making it perfect for an active lifestyle. Shopping and services are close by in Pleasant Park and Alfredton.
Listing description written by Shane Finch, Barry Plant Ballarat — reproduced as published, not verified by Districts.