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VIC › Surrey Hills › Prospect Hill Rd

222 Prospect Hill Rd, Surrey Hills VIC 3127

House

$2,300,000

Last sold

31 Aug 2024

3

Bedrooms

2

Bathrooms

4

Car spaces

928 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $2,300,000 (31 Aug 2024).(Recorded sale)
  • FactLand 928 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Surrey Hills (last 5 years) with land size: median $3,154/m² of land (n=42). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$2,300,000

31 Aug 2024 · derived via latest_sale

Local land rate: recorded House sales in Surrey Hills (last 5 years) with land size have a median of $3,154/m² of land (n=42). Districts calculation from recorded sales — not a valuation.

Surrey Hills at a glance

14,235

People

$1,866,000

Median sale

$640/wk

Median rent

1.78%

Suburb gross yield

Median sale from 21 recorded sales (last 12 months) — a Districts calculation.

See the full Surrey Hills report →

Vs Surrey Hills

+23.3%

Median sale

Suburb $1,866,000

-0.33 pp

Gross yield

Suburb 1.78%

Suburb median $1,866,000 from 21 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$2,300,00031 Aug 2024
  2. Listedprice unknowncompleted28 Aug 2024
  3. Listedprice unknowncompleted28 Aug 2024

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $640/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Surrey Hills in one glance

Surrey Hills at a glance

14,235

People

$1,866,000

Median sale

$640/wk

Median rent

1.78%

Suburb gross yield

Median sale from 21 recorded sales (last 12 months) — a Districts calculation.

See the full Surrey Hills report →

Keep researching

  • Why Surrey Hills? Read the area thesis →
  • What else is on the market in Surrey Hills →
  • Other records on Prospect Hill Rd →

Listing material

Listed by HEAVYSIDE

Serene elegance at a lifestyle address

Watch the auction live here: https://heavyside.co/live-auction/

THE PROPERTY

An enchanting oak tree streetscape is a welcoming introduction to this mid-century inspired three-bedroom residence, nestled amongst lush gardens on a huge 928sqm approx. block. Enjoying the privacy of automated gates and tall fences, and the serenity of garden views from almost every angle, this delightful home is certain to please. Inside, the welcoming living and dining zone is highlighted by a statement brick fireplace and pendant lighting, with access to the paved patio for enjoyment of the outdoors. Gourmets will be inspired by the chic timber kitchen flaunting breakfast bar, Chef cooktop and oven, Asko dishwasher and large pantry, with the adjoined meals and family room providing a valuable second living space. Secluded at the front of the home, the main bedroom features a walk-in robe and ensuite, with two further bedrooms with built-in robes sharing the luxe main bathroom with floor to ceiling tiles, floating timber vanity, shower, bath and separate toilet. Additional inclusions of a versatile office (or possible fourth bedroom), ducted heating, air conditioning, large double carport, two garden sheds and security system further enhance the value of this exceptional home.

Read the full description

THE FEATURES

• Stylish mid-century inspired three-bedroom, two-bathroom home

• Set behind automatic gates on a huge 928sqm approx. block

• Large open plan living & dining with feature brick fireplace

• Chic timber kitchen features quality appliances and breakfast bar

• Secluded main bedroom boasts walk-in robe & ensuite

• Two further bedrooms share luxe fully tiled main bathroom

• Tranquil garden views from almost every room of the house

• Large double carport with ample additional secure parking

• Ducted heating & air conditioning for year-round comfort

THE LOCATION

Perfectly positioned in a sought-after pocket, walking distance to Mailing Road and Canterbury station, as well as Surrey Hills shopping precinct, within minutes of Camberwell Junction and Sunday Market, close to South Surrey and Wattle Park, just steps to trams and within easy reach of a wide selection of well-regarded schools including Canterbury Primary, Siena College, Strathcona Baptist Girls' Grammar and Camberwell High.

THE TERMS: 30|45|60

Listing description written by Tim Heavyside, HEAVYSIDE — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Ducted Cooling
  • Ducted Heating
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.