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 › Cheryl Grove
4
Bedrooms
2
Bathrooms
2
Car spaces
540 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 Viewbank (last 5 years) with land size have a median of $1,892/m² of land (n=123). 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.
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.
Go where the balance is just right and give a growing family a great head start with this inviting four bedroom, two bathroom residence offering flexible spaces and elevated views within a short walk to local parklands and schools.
Coupled with its attractive character and family credentials, this spacious split-level home on a wide garden block is immediately comfortable with its central position to Viewbank College, primary schools, Price Park and the River Gum Walk confirming outstanding lifestyle convenience.
High timber ceilings, solid beams and exposed brickwork frame a large north-facing living room that flows towards the rear where a Blanco-equipped kitchen adjoins a family/dining area opening to an undercover terrace with fabulous views in a leafy and secure garden setting.
A zoned accommodation wing complemented by a big family bathroom (separate bathtub and shower) comprises of four generous bedrooms with built-in robes and garden vistas, including the main with a private ensuite.
Further is a full-size laundry while additional features include ducted heating, air-conditioner, alarm system and timber flooring, along with an under-house storage area and an extra-deep, remote-controlled garage with workshop space.
Perfectly poised for stylish improvement when ready to set the standard for years to come, this tightly-held property on 540m2 (approx) presents a highly-coveted family lifestyle opportunity just a hop, skip and jump to schools, parks and nature trails while minutes to the train station and surrounding shopping precincts including Rosanna Village and Burgundy Street.
Listing description written by Gordon Hope, Miles Real Estate Ivanhoe & Rosanna — reproduced as published, not verified by Districts.
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