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VIC › Yarra Glen › Forest St

23 Forest St, Yarra Glen VIC 3775

House

4

Bedrooms

2

Bathrooms

3

Car spaces

800 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLand 800 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Yarra Glen (last 5 years) with land size: median $1,033/m² of land (n=65). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 3 (NRZ3) under the ZN.(Vicmap Planning · 31 Aug 2026)

What could make it worth less?

  • FactSIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 23 intersects 99.8% of this parcel.(Vicmap Planning · 31 Aug 2026)
  • FactDESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 5 intersects 99.8% of this parcel.(Vicmap Planning · 31 Aug 2026)

What should you verify next?

  1. 1SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 23 affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  2. 2DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 5 affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  3. 3No 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

No recorded sale price for this property yet.

Local land rate: recorded House sales in Yarra Glen (last 5 years) with land size have a median of $1,033/m² of land (n=65). Districts calculation from recorded sales — not a valuation.

Yarra Glen at a glance

3,135

People

$1,014,000

Median sale

$550/wk

Median rent

2.82%

Suburb gross yield

Median sale from 18 recorded sales (last 12 months) — a Districts calculation.

See the full Yarra Glen report →

Planning

Planning and development

Planning scheme

ZN

Zone

NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 3

NRZ3

Jurisdiction

Yarra Ranges

Yarra Ranges, VIC

Planning overlays

  • SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 23Detected — 99.8% of parcel

Development activity

Data unavailable

Source

  • Provider: Vicmap Planning
  • Dataset: PLAN_ZONE
  • Retrieved: 31 Aug 2026
  • Version: 1
  • Parcel: 207623352

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. Soldprice unknown19 June 2026
  2. Listedprice unknowncompleted11 Mar 2026
  3. Listedprice unknowncompleted11 Mar 2026

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?

Confidence: medium

Zoned NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 3 · NRZ3 (ZN). Official parcel area about 802 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Official parcel about 802 m² — land size can look like optionality. What reduces it: SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 23; DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 5. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack. 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 $550/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.

3 of 10 questions answered so far

  • Development optionality of this lot

    Knownmedium

    Zoned NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 3 · NRZ3 (ZN). Official parcel area about 802 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.

  • 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?

    Knownlow

    Official parcel about 802 m² — land size can look like optionality. What reduces it: SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 23; DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 5. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.

  • Lot-level flood

    Unknown

    Flood overlay has not been queried for this lot. 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

    No DA adapter returned applications 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

Yarra Glen in one glance

Yarra Glen at a glance

3,135

People

$1,014,000

Median sale

$550/wk

Median rent

2.82%

Suburb gross yield

Median sale from 18 recorded sales (last 12 months) — a Districts calculation.

See the full Yarra Glen report →

Keep researching

  • Why Yarra Glen? Read the area thesis →
  • What else is on the market in Yarra Glen →
  • Other records on Forest St →

Listing material

Listed by Barry Plant Croydon

Classic Charm Meets Modern Family Living

Welcome to 23 Forest Street, a classic Yarra Glen weatherboard set in a tightly held and highly sought-after pocket of town. Positioned on a full-sized block with ample off-street parking, this charming four-bedroom, two-bathroom home beautifully blends original character with thoughtful updates, creating a warm and inviting family haven.

From the moment you step inside, you are captivated by the timeless charm of the original miner's cottage. Original dado timber panelling adds a sense of warmth, setting the tone for the home. The front section offers three bedrooms, all with built-in robes, including one with a walk-in robe that connects directly to the main bathroom. One bedroom features its own striking brick fireplace, making it ideal as a home office, nursery or guest room. The central bathroom is well appointed with a bath, shower, vanity and toilet.

Stepping up into the heart of the home reveals an impressive open-plan kitchen, meals and living zone designed for everyday living and entertaining. The kitchen is a standout, showcasing stunning timber benchtops, abundant storage, a large island bench with double sink, gas cooktop and under-bench oven. The living area is centred around a striking feature fireplace and provides a cosy, welcoming space for relaxed family evenings. An updated laundry opens to a small deck, and a large walk-in linen cupboard offers excellent storage or the flexibility to be used as a walk-in pantry.

Read the full description

The true showstopper is the master retreat. Generous in scale, it features a huge walk-in robe and a stylish ensuite with a large walk-in shower, toilet and vanity with storage. The bedroom itself is a private sanctuary, enhanced by beautiful floor-to-ceiling sheer curtains, Dado timber ceilings and double doors that open directly onto the outdoor entertaining area, creating a seamless indoor–outdoor connection.

All bedrooms are carpeted and fitted with ceiling fans for year-round comfort, while the living zone is also carpeted and the remainder of the home features polished floorboards. Outside, a large undercover deck provides the perfect setting for entertaining family and friends, overlooking a spacious backyard complete with a shed for storage. This outdoor space is truly special, offering room to relax, entertain, let pets roam freely, or watch children play and grow.

Full of character, comfort and lifestyle appeal, this is a home that feels instantly welcoming and ready to be enjoyed.

Listing description written by Sarah Savio, Barry Plant Croydon — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Deck
  • Ensuites: 1
  • Floorboards
  • Shed
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.