Viewbank at a glance
6,982
People
$1,260,000
Median sale
$553/wk
Median rent
2.28%
Suburb gross yield
Median sale from 31 recorded sales (last 12 months) — a Districts calculation.
VIC › Viewbank › Broadlea Cres
$1,135,000
Last sold
29 Feb 2024
3
Bedrooms
1
Bathrooms
2
Car spaces
858 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
$1,135,000
29 Feb 2024 · derived via latest_sale
Local land rate: recorded House sales in Viewbank (last 5 years) with land size have a median of $1,893/m² of land (n=122). Districts calculation from recorded sales — not a valuation.
Viewbank at a glance
6,982
People
$1,260,000
Median sale
$553/wk
Median rent
2.28%
Suburb gross yield
Median sale from 31 recorded sales (last 12 months) — a Districts calculation.
Vs Viewbank
-9.9%
Median sale
Suburb $1,260,000
+0.25 pp
Gross yield
Suburb 2.28%
Suburb median $1,260,000 from 31 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
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 $553/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
Viewbank at a glance
6,982
People
$1,260,000
Median sale
$553/wk
Median rent
2.28%
Suburb gross yield
Median sale from 31 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Miles Real Estate Ivanhoe & RosannaSOLD By Miles Real Estate.
Being a peaceful park-side family sanctuary on a substantial 858m2 allotment (approx), there's loads of space to spread out and make your own with this superbly presented three bedroom residence and its absolutely expansive rear garden. The extraordinary size of this rare opportunity is the stuff of dreams and the perfect start in the Viewbank Primary and College zones where an active growing family can establish a desirable lifestyle by the local community hub of Castleton Park. Set back behind deep front garden and driveway, the classic cream brick profile of this attractive home gives way to an updated single-level interior combining spacious proportions, natural light and mid-century character. Polished parquetry flooring and bright corner windows create an inviting mood as the layout extends from an entrance hallway to three oversized bedrooms all with built-in robes, carpet and ceiling fans. A large living room with double-doors flows to a separate formal dining room before a modernized kitchen including stainless-steel appliances and a meals area. There's also a central bathroom (separate bathtub and shower) and laundry area as well split-system heating and cooling. Almost as if designed to fit its vast rear setting is a huge undercover entertainment deck and then the garden that you, the kids, pets and guests are going to love with its massive dimensions including rolling lawn and a grand apple tree ideal for any future plans. This unique property with a remote-control double garage and lots of off-street parking offers quick and easy access to Lower Plenty Road shopping near schools, buses, playground and tranquil river trails.
Listing description written by Elisse Farquhar, Miles Real Estate Ivanhoe & Rosanna — reproduced as published, not verified by Districts.