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VIC › Wandin North › Prospect Rd

23 Prospect Rd, Wandin North VIC 3139

House

$885,000

Last sold

14 Mar 2018

4

Bedrooms

2

Bathrooms

2

Car spaces

1,433 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 $885,000 (14 Mar 2018).(Recorded sale)
  • FactLand 1,433 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Wandin North (last 5 years) with land size: median $810/m² of land (n=68). 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

$885,000

14 Mar 2018 · derived via latest_sale

Local land rate: recorded House sales in Wandin North (last 5 years) with land size have a median of $810/m² of land (n=68). Districts calculation from recorded sales — not a valuation.

Wandin North at a glance

3,149

People

$921,250

Median sale

$566/wk

Median rent

3.19%

Suburb gross yield

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

See the full Wandin North report →

Vs Wandin North

-3.9%

Median sale

Suburb $921,250

+0.14 pp

Gross yield

Suburb 3.19%

Suburb median $921,250 from 18 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. Soldprice unknown29 Jan 2024
  2. Listedprice unknowncompleted18 Jan 2024
  3. Listedprice unknowncompleted18 Jan 2024
  4. Sold$885,00014 Mar 2018
  5. Listedprice unknowncompleted16 Jan 2018
  6. Listedprice unknowncompleted16 Jan 2018

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 $566/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

Wandin North in one glance

Wandin North at a glance

3,149

People

$921,250

Median sale

$566/wk

Median rent

3.19%

Suburb gross yield

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

See the full Wandin North report →

Keep researching

  • Why Wandin North? Read the area thesis →
  • What else is on the market in Wandin North →
  • Other records on Prospect Rd →

Listing material

Listed by Woodards Lilydale & Yarra Valley

Dedicated to exemplary family living.

Dedicated to exemplary family living and entertaining, nestled in a leafy streetscape, this stunning and sophisticated four-bedroom plus study, residence perfectly melds the most comfortable of interiors with contemporary beauty. Manicured gardens encircle this attractive home and beyond the striking façade awaits a residence that promises to immerse the family in luxurious proportions.

Every detail throughout has been carefully curated to showcase a series of sophisticated spaces underpinned by quality appointments, craftsmanship and modern finishes. This residence is not only inviting, but inspiring at every turn, the home brings together a fusion of high ceilings, calming tones, and an abundance of windows allowing the natural light to flow into the interiors.

The open plan kitchen, living, and dining area feels comfortable and spacious, made ambient in the cooler months by the log fire and opening up to the alfresco area, showcasing an outdoor haven, perfect for entertaining a crowd or relaxing alike. Adding to the highly functional floorplan, the bonus of two zoned living areas provides a multitude of uses for simply sitting or as a rumpus area for young families.

Read the full description

An enviable kitchen set up is as beautiful as it is functional, featuring quality appliances, sleek cabinetry, large pantry and stone benchtops, generously-sized island, plantation shutters and feature tiled splashback.

The sumptuous master suite has the addition of an extra-large walk-through robe and full ensuite. The further three robed bedrooms share a luxurious bathroom incorporating a spa bath and separate toilet.

The highly serviceable laundry features storage and bench space while additional benefits of the home list as; study/fifth bedroom, storage room, ducted heating and split system cooling, ceiling fans and 21 solar panels.

So perfectly situated, just moments to quality primary and pre schooling options, public transport, only a short stroll from Wandin's vibrant amenities, in addition to being within proximity to either Lilydale or Seville for further shopping options. With easy connection to either Maroondah Highway or Canterbury Road and a short trip to Eastlink whilst also benefiting from being on the doorstep of all the delights the Yarra Valley has to offer for fun on the weekends.

Listing description written by Bruno Cascianelli, Woodards Lilydale & Yarra Valley — reproduced as published, not verified by Districts.

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.