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2248 Beechworth Chiltern Rd, Chiltern VIC 3683 — Districts · Districts

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VIC › Chiltern › Beechworth Chiltern Rd

2248 Beechworth Chiltern Rd, Chiltern VIC 3683

Rural Property

0

Bedrooms

0

Bathrooms

0

Car spaces

500,800 m²

Land

Districts View Price evidence Planning Site constraints History Listing

Districts View

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

Why this property?

FactLand 500,800 m²; no building size recorded.(Property record)
CalculationRecorded Rural Property sales in Chiltern (last 5 years) with land size: median $20/m² of land (n=6). 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?

1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
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.

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 $445/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.

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

Listing material

Listed by Paull & Scollard

HIGH EXPOSURE PROPERTY WITH HUGE SUBDIVISION POTENTIAL

EST. LATE JOHN EDWARD NESBITT

50.08 HECTARES – 123.75 ACRES (APPROX)

Read the full description

TO BE OFFERED IN FOUR (4) LOTS

Lot 1: Home Block – 9.50 hectares (23.47 acres approx)

- Fronting Beechworth Road, Anderson Road, Waterloo Road & railway line, containing seven (7) house lots: future rezoning to Industrial Zone a real likelihood.

Lot 2: Railway Block – 8.49 hectares (20.98 acres approx)

- Between Hume Freeway & rail line, fronting Waterloo Road, Railway Access Road, containing five (5) small lots, high exposure, enormous subdivision potential.

Lot 3: Freeway Block – 15.96 hectares (39.44 acres approx)

- Access off Yackandandah & Beechworth Roads, close to Hume Freeway, small rural allotment subdivision a strong possibility in the future, sound farming land.

Lot 4: Farm Block – 16.04 hectares (39.63 acres approx)

- Productive farming land, access roads on two (2) sides for future subdivision, good water from catchment dams.

‘These four allotments offer a wonderful opportunity to invest in a growing North-East Victorian town, close to the major regional centre of Albury/Wodonga, and less than three hours from Melbourne. While the lots are currently zoned Farming (FZ), The Indigo Shire has released a blueprint for rezoning (Chiltern Placemaking & Structure Plan 2016) indicating that parts of the property could be rezoned in the near future.’

ALL 4 LOTS SOLD AT AUCTION

Disclaimer: All care has been taken in compiling these particulars, but the vendor and their agents do not guarantee the details and cannot accept responsibility for errors or misdescriptions if any. Intending purchasers should satisfy themselves as to the correctness of details.

Property Code: 2132

Listing description written by Roger Bramley, Paull & Scollard — reproduced as published, not verified by Districts.