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VIC › Surrey Hills › Union Rd

237 Union Rd, Surrey Hills VIC 3127

House

$1,705,000

Last sold

16 Jan 2024

3

Bedrooms

1

Bathrooms

0

Car spaces

753 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 $1,705,000 (16 Jan 2024).(Recorded sale)
  • FactLand 753 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Surrey Hills (last 5 years) with land size: median $3,154/m² of land (n=42). 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?

  • FactHERITAGE OVERLAY (HO534) intersects 99.8% of this parcel.(Vicmap Planning · 31 Aug 2026)

What should you verify next?

  1. 1HERITAGE OVERLAY (HO534) affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  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

$1,705,000

16 Jan 2024 · derived via latest_sale

Local land rate: recorded House sales in Surrey Hills (last 5 years) with land size have a median of $3,154/m² of land (n=42). Districts calculation from recorded sales — not a valuation.

Surrey Hills at a glance

14,235

People

$1,873,000

Median sale

$640/wk

Median rent

1.78%

Suburb gross yield

Median sale from 22 recorded sales (last 12 months) — a Districts calculation.

See the full Surrey Hills report →

Vs Surrey Hills

-9.0%

Median sale

Suburb $1,873,000

+0.17 pp

Gross yield

Suburb 1.78%

Suburb median $1,873,000 from 22 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

ZN

Zone

NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 3

NRZ3

Jurisdiction

Boroondara

Boroondara, VIC

Planning overlays

  • environmentalDetected

Development activity

Data unavailable

Source

  • Provider: Vicmap Planning
  • Dataset: PLAN_ZONE
  • Retrieved: 31 Aug 2026
  • Version: 1
  • Parcel: 814993

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

Detected — official

The official layer maps a heritage listed area on this parcel, intersecting about 99.8% of it (Vicmap Planning, retrieved 31 Aug 2026). Verify the extent against the title before relying on unaffected land.

Records

Property history

  1. Sold$1,705,00016 Jan 2024
  2. Listedprice unknowncompleted17 July 2023
  3. Listedprice unknowncompleted17 July 2023

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 751 m². Dual occupancy looks constrained by site overlays or terrain. Two-lot subdivision looks unlikely on the loaded constraints. 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: medium

Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Heritage constraint may block demolition or dual occupancy even on a large block. Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Official parcel about 751 m² — land size can look like optionality. What reduces it: HERITAGE OVERLAY (HO534). Heritage can block demolition and dual occupancy even when land size looks like a site. 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 $640/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. Heritage constraints are a maintenance and alteration cost, not usually a rent premium by themselves.

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

Loaded constraints look like they kill a naive land-size story. Pay house money, or walk, until a planner confirms a pathway.

Detail

Official parcel about 751 m² — land size can look like optionality. What reduces it: HERITAGE OVERLAY (HO534). Heritage can block demolition and dual occupancy even when land size looks like a site.

Read more

Nearby competing dwellings and net yield are still unknown.

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 751 m². Dual occupancy looks constrained by site overlays or terrain. Two-lot subdivision looks unlikely on the loaded constraints. 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?

    Knownmedium

    Official parcel about 751 m² — land size can look like optionality. What reduces it: HERITAGE OVERLAY (HO534). Heritage can block demolition and dual occupancy even when land size looks like a site.

  • 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

Surrey Hills in one glance

Surrey Hills at a glance

14,235

People

$1,873,000

Median sale

$640/wk

Median rent

1.78%

Suburb gross yield

Median sale from 22 recorded sales (last 12 months) — a Districts calculation.

See the full Surrey Hills report →

Keep researching

  • Why Surrey Hills? Read the area thesis →
  • What else is on the market in Surrey Hills →
  • Other records on Union Rd →

Listing material

Listed by HEAVYSIDE

Heritage home seeks passionate renovator

THE PROPERTY

Built in 1912 by Albert George Harbert, a prominent local builder, for his family - This historical home has remained in the family for its entirety.

Proudly resting in a serene tree-lined street on a generous 753 sq m approx. allotment, this graceful Edwardian residence with a significant heritage overlay offers an exciting opportunity to secure a foothold in a blue-ribbon locale. Ideally situated in the heart of sought-after Surrey Hills, this elegant three-bedroom home is perfectly placed for a thrilling refurbishment/renovation (STCA). Approved permit to construct driveway/crossover.

Read the full description

Boasting original period features throughout, the welcoming timber verandah invites you inside where the hallway leads off to three spacious bedrooms, two flaunting corner fireplaces. Ornate ceilings and cornices highlight the formal living and dining domain, with a wall heater providing winter warmth and ambience. Feature brickwork adds character to the vast kitchen and meals zone, with a walk-in pantry offering added convenience. The chic bathroom includes shower, toilet, vanity and laundry facilities, while a separate study offers versatility for remote work. The expansive rear yard includes an abundance of storage sheds plus a separate retreat.

This property is searching for its new family - Someone with a passion to restore this icon and enjoy the lifestyle advantages of it's premium location.

THE FEATURES

● Classic timber residence comprising three bedrooms and one bathroom

● Positioned on generous 753 sqm (approx.) allotment

● Elegant formal lounge and dining domain flaunting ornate ceilings

● Three generously sized bedrooms, two boasting corner fireplaces

● Main bathroom includes shower, vanity, toilet & laundry facilities

● Chic kitchen and meals zone features walk-in pantry

● Expansive rear yard with lush lawns, storage sheds and retreat

● Stunning tree-lined street just a short stroll to desirable shopping & dining

● Perfectly placed to refurbish/renovate (STCA). Significant overlay

THE LOCATION

Ideally located to enjoy the vibrancy and modern convenience of this premium locale, enjoy a pleasant walk to the popular Surrey Hills and Mont Albert shopping precincts, with easy access to trams and trains, plus an abundance of local schools nearby including Chatham Primary, Mont Albert Primary, Surrey Hills Primary and Box Hill Senior Secondary College.

THE TERMS: 30|60|90 day

Listing description written by Tim Heavyside, HEAVYSIDE — 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.