Hillside at a glance
17,335
People
$860,000
Median sale
$504/wk
Median rent
3.05%
Suburb gross yield
Median sale from 125 recorded sales (last 12 months) — a Districts calculation.
VIC › Hillside › Sovereign Way
4
Bedrooms
2
Bathrooms
2
Car spaces
1,000 m²
Land
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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Hillside (last 5 years) with land size have a median of $1,400/m² of land (n=113). Districts calculation from recorded sales — not a valuation.
Hillside at a glance
17,335
People
$860,000
Median sale
$504/wk
Median rent
3.05%
Suburb gross yield
Median sale from 125 recorded sales (last 12 months) — a Districts calculation.
Planning
Planning scheme
ZN
Zone
GENERAL RESIDENTIAL ZONE - SCHEDULE 1
GRZ1
Jurisdiction
Melton
Melton, VIC
Official property report
The original government planning document for this property. Sign in to view or download the PDF. Districts facts are a separate GIS extract and may not include every statement in the report.
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 1,002 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. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $504/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 1,002 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?
KnownmediumOfficial parcel about 1,002 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
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
Hillside at a glance
17,335
People
$860,000
Median sale
$504/wk
Median rent
3.05%
Suburb gross yield
Median sale from 125 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Barry Plant Taylors LakesPositioned within the highly sought-after and tightly held Prestigious Estate of Hillside, this exceptional family residence occupies an impressive 1,000sqm (approx.) corner allotment and delivers a lifestyle of luxury, space and resort-style entertaining rarely found in today's market.
Commanding attention from the moment you arrive, the grand façade, sweeping exposed aggregate driveways and manicured grounds create an unforgettable first impression. Offering the convenience of three separate driveways, extensive vehicle accommodation and rear roller-door access through the garage, this is a home designed to accommodate large families, tradespeople, car enthusiasts and entertainers alike.
Stepping inside, the home reveals expansive proportions and a thoughtfully designed floorplan spanning two impressive levels. Multiple living zones provide flexibility for growing families, including a formal lounge, spacious family living area, upstairs retreat and a dedicated home office complete with custom-built cabinetry and feature LED lighting, ideal for those working from home.
At the heart of the residence, the beautifully appointed kitchen overlooks the main living and dining spaces, offering stone benchtops, quality appliances, generous storage and seamless connection to the outdoor entertaining domain. A second fully equipped kitchen within the garage provides the perfect setup for large family gatherings, celebrations and year-round entertaining.
Accommodation is equally impressive, comprising four generous bedrooms, plus study with built in cabinetry, highlighted by a luxurious master suite featuring its own private balcony, walk-in robe and a stunning ensuite complete with double vanity, freestanding bath and oversized shower. The remaining bedrooms are serviced by a central bathroom and spacious retreat area, ensuring comfort for the entire family.
Designed with entertaining at its core, the expansive undercover alfresco seamlessly extends from the home and overlooks a spectacular heated swimming pool. Equipped with premium Astral Pool technology including a Viron Heat Pump, Media Filter, Halo Hub wireless connectivity, integrated lighting and the ability to heat the pool to approximately 40 degrees, this private outdoor sanctuary delivers a true resort-style experience all year round.
Additional features include split-system heating and cooling to every bedroom and living area, alarm system, underground sprinkler system, garage workshop with workbench, multiple storage areas throughout, garage downlights, feature water fountain with lighting and quality finishes throughout.
A rare opportunity to secure a substantial family home on approximately 1,000sqm in one of Hillside's most prestigious locations, where space, luxury and lifestyle come together to create something truly special.
23 Sovereign Way, Hillside - A statement of family luxury where every detail has been thoughtfully designed for exceptional living and entertaining.
Listing description written by Andrew Koulaouzos, Barry Plant Taylors Lakes — reproduced as published, not verified by Districts.
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