Reservoir at a glance
55,353
People
$965,000
Median sale
$502/wk
Median rent
2.71%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
VIC › Reservoir › Winter Cres
$812,000
Last sold
19 Oct 2024
3
Bedrooms
1
Bathrooms
2
Car spaces
684 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
$812,000
19 Oct 2024 · derived via latest_sale
Local land rate: recorded House sales in Reservoir (last 5 years) with land size have a median of $1,385/m² of land (n=54). Districts calculation from recorded sales — not a valuation.
Reservoir at a glance
55,353
People
$965,000
Median sale
$502/wk
Median rent
2.71%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
Vs Reservoir
-15.9%
Median sale
Suburb $965,000
+0.50 pp
Gross yield
Suburb 2.71%
Suburb median $965,000 from 25 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 $502/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
Reservoir at a glance
55,353
People
$965,000
Median sale
$502/wk
Median rent
2.71%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White BundooraCharacter Home on Expansive Land with Approved Development Plans
Set on a large parcel of land measuring 684 m² approx., 22 Winter Crescent presents a remarkable opportunity for a wide range of buyers. Whether you're looking to secure a family home, make a sound investment, or embark on a development project, this property has all the elements for success. Located in one of Reservoir's most sought-after pockets, moments away from schools, shops, cafes, and restaurants, this home offers both character and potential.
The existing three bedroom, one bathroom home is brimming with charm. Timber boards run throughout the house, giving it a classic feel, while the updated bathroom and kitchen provide a fresh, modern touch. The open and functional layout ensures comfortable living for families or tenants, with plenty of natural light flowing through the home.
One of the standout features of this property is the size of the block. With a generous 684 m² of land, there is ample space for outdoor activities, gardening, or future development. In fact, the property comes with approved plans and permits for the construction of a three bedroom, two bathroom townhouse at the rear, making this an ideal option for developers or those looking to add value. The potential to generate rental income from a second dwelling, or accommodate extended family members, further enhances the appeal.
The location of 22 Winter Crescent is another key selling point. Positioned in a thriving part of Reservoir, you'll enjoy easy access to all the local amenities. Quality schools are just a short walk or drive away, making it an ideal location for families. Meanwhile, the vibrant local shopping precinct, complete with trendy cafes and restaurants, ensures that everything you need is right at your fingertips. With excellent transport links and proximity to parks and recreational facilities, this address offers convenience and lifestyle in equal measure.
Whether you're a homebuyer searching for the perfect place to settle down, an investor looking for a high-growth area, or a developer eager to take advantage of the existing plans and permits, 22 Winter Crescent is a property that ticks all the boxes. Its combination of character, potential, and prime location make it an exceptional opportunity in Reservoir's booming market.
Don't miss out on securing this versatile property. Contact us today to arrange an inspection and explore the possibilities that await at 22 Winter Crescent.
Land size: 684m2 approx.
Deposit: 10% of the purchase price
Settlement: 30/60 days
Rental assessment: $500-$550 per week
Listing description written by Domenic Torzillo, Ray White Bundoora — reproduced as published, not verified by Districts.