Mernda at a glance
25,915
People
$692,500
Median sale
$543/wk
Median rent
4.08%
Suburb gross yield
Median sale from 10 recorded sales (last 24 months) — a Districts calculation.
VIC › Mernda › Hatfield Dr
$576,000
Last sold
29 Feb 2020
4
Bedrooms
2
Bathrooms
2
Car spaces
Districts View
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
$576,000
29 Feb 2020 · derived via latest_sale
Mernda at a glance
25,915
People
$692,500
Median sale
$543/wk
Median rent
4.08%
Suburb gross yield
Median sale from 10 recorded sales (last 24 months) — a Districts calculation.
Vs Mernda
-16.8%
Median sale
Suburb $692,500
+0.82 pp
Gross yield
Suburb 4.08%
Suburb median $692,500 from 10 recorded sales (last 24 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
GENERAL RESIDENTIAL ZONE - SCHEDULE 1
GRZ1
Jurisdiction
Whittlesea
Whittlesea, VIC
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
VICZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 430 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.
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. The listing may look cheap relative to land or the street. What reduces it: DEVELOPMENT PLAN OVERLAY - SCHEDULE 5; VEGETATION PROTECTION OVERLAY - SCHEDULE 1; DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 7; INCORPORATED PLAN OVERLAY - SCHEDULE 1. 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
No advertised rent is recorded. Suburb median rent $543/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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 430 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
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?
KnownlowThe listing may look cheap relative to land or the street. What reduces it: DEVELOPMENT PLAN OVERLAY - SCHEDULE 5; VEGETATION PROTECTION OVERLAY - SCHEDULE 1; DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 7; INCORPORATED PLAN OVERLAY - SCHEDULE 1. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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
Mernda at a glance
25,915
People
$692,500
Median sale
$543/wk
Median rent
4.08%
Suburb gross yield
Median sale from 10 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by BigginScott SunshineThis beautiful,bright and modern home consists of 4 large bedrooms, complimented with the open plan family living, the master bedroom enjoys a private en suite and walk in robe whilst the remaining three each have a built in robe, study nook to family living area, a family bathroom with a separate second toilet and a separate laundry. The light filled kitchen is the heart of the home with stone bench tops, quality stainless steel appliances and dishwasher it overlooks the family living and meals area. Easy maintained landscaped gardens. Double lock-up garage with remote control, fully fenced, downlights throughout, ducted heating, evaporative cooling, split system cooling, security camera, door and flyscreens. There is not much to do other than move in or invest in this quality home.This is a great opportunity for 1st home buyers or a sound investment for the astute investor.
This lovely home is located in the award wining Mernda Villages Estate, enjoy walking the kids to school in the morning or easily popping up the road to the variety of shops and restaurants all at your fingertips. Mernda Villages also offers an array of parks, playgrounds and transport with the new Mernda Train station just a few hundred metres away. Inspections are being held every Saturday or inspect at a time that suits you during the week by contacting Dan Bao on 0410582759.
Listing description written by Dan Bao, BigginScott Sunshine — reproduced as published, not verified by Districts.