Flora Hill at a glance
4,040
People
$635,000
Median sale
$460/wk
Median rent
3.77%
Suburb gross yield
Median sale from 40 recorded sales (last 12 months) — a Districts calculation.
VIC › Flora Hill › Hammer St
$505,000
Last sold
2 Jan 2025
3
Bedrooms
1
Bathrooms
4
Car spaces
686 m²
Land
97.7 m²
Building
Districts View
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
$505,000
2 Jan 2025 · derived via latest_sale
Local land rate: recorded House sales in Flora Hill (last 5 years) with land size have a median of $919/m² of land (n=82). Districts calculation from recorded sales — not a valuation.
Flora Hill at a glance
4,040
People
$635,000
Median sale
$460/wk
Median rent
3.77%
Suburb gross yield
Median sale from 40 recorded sales (last 12 months) — a Districts calculation.
Vs Flora Hill
-20.5%
Median sale
Suburb $635,000
+0.97 pp
Gross yield
Suburb 3.77%
Suburb median $635,000 from 40 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 $460/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
Flora Hill at a glance
4,040
People
$635,000
Median sale
$460/wk
Median rent
3.77%
Suburb gross yield
Median sale from 40 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Gavin Butler Real EstateA superb opportunity presents to buy a beautiful home on the doorstep of the La Trobe University. An ideal location for both yield and capital growth. This very appealing home is filled with charm and character.
-
- Charming home of three bedrooms with impressive period features close to the Bendigo CBD and train station
- Opportunity presents to secure this delightful home and own a beautiful residence close to the CBD and all amenities
- Offering three bedrooms, separate kitchen, dining and family room
- A lovely light filled kitchen with modern stainless steel appliances including dishwasher, oven, range hood and ample cupboard space. The kitchen has been nicely renovated as has the main bathroom
- Features include high ceilings, polished timber floors, central corridor, picture rails, original brick fireplaces and over mantles, old reds brick pathway, ornate cornices etc
- Ducted gas heating and three split systems reverse and ceiling fans for all heating and cooling needs
- The home is positioned in a blue chip locale - one of Bendigo's better locations for inner city living close to the University. Extremely high profile location- 2.1. km to Central Bendigo, train station, arts precinct, restaurants, Art gallery and all amenities.
- Given the desirable locale you will always be rewarded for your investment - a high capital growth area and a fabulous area to live. This is an ideal home for the first home buyer wanting to simply move in and enjoy living in a very comfortable family home
- All services are connected i.e. natural gas, power, town water and sewer
- Outside is a large decking perfect for entertaining and those Summer barbeques
- Gorgeous rear yard with established trees, vegetable garden beds, fruit trees and a barn style shed with auto door for either the car or workshop
- Off street parking is available on the property for a several vehicles in addition to the single Garage for one vehicle
- A truly lovely period style home in excellent condition and very worthy of inspections
This information has been provided to us by third parties and we do not accept any responsibility for its accuracy. You should make your own enquiries and check the information so as to determine whether or not this information is in fact accurate. You must make your own assessment and obtain professional advice if necessary.
Property Code: 973
Listing description written by Paul Dalton, Gavin Butler Real Estate — reproduced as published, not verified by Districts.