Newtown at a glance
10,393
People
$1,327,500
Median sale
$500/wk
Median rent
1.96%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
VIC › Newtown › Pitfield Scarsdale Rd
$615,000
Last sold
7 Mar 2024
3
Bedrooms
2
Bathrooms
2
Car spaces
6,070.285 m²
Land
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
$615,000
7 Mar 2024
Local land rate: recorded House sales in Newtown (last 5 years) with land size have a median of $2,193/m² of land (n=40). Districts calculation from recorded sales — not a valuation.
Newtown at a glance
10,393
People
$1,327,500
Median sale
$500/wk
Median rent
1.96%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
Vs Newtown
-53.7%
Median sale
Suburb $1,327,500
+2.27 pp
Gross yield
Suburb 1.96%
Suburb median $1,327,500 from 12 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
TRANSPORT ZONE 2 - PRINCIPAL ROAD NETWORK
TRZ2
Jurisdiction
Golden Plains
Golden Plains, 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 TRANSPORT ZONE 2 - PRINCIPAL ROAD NETWORK · TRZ2 (ZN). Official parcel area about 909 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. Official parcel about 909 m² — land size can look like optionality. What reduces it: DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 5. This overlay can reduce what the land size appears to promise. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $500/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 TRANSPORT ZONE 2 - PRINCIPAL ROAD NETWORK · TRZ2 (ZN). Official parcel area about 909 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?
KnownlowOfficial parcel about 909 m² — land size can look like optionality. What reduces it: DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 5. This overlay can reduce what the land size appears to promise.
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
Newtown at a glance
10,393
People
$1,327,500
Median sale
$500/wk
Median rent
1.96%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White BallaratWelcome to 238 Pitfield-Scarsdale Road - where charm, character, and a classic Tudor style converge to create a truly enchanting home. This meticulously maintained property boasts a picturesque exterior that has been recently refreshed, showcasing its timeless allure.
Step into a world of warmth and sophistication with freshly painted interiors that complement the solid timber floors, creating a harmonious blend of modern comfort and classic charm.
With three bedrooms and two bathrooms, this residence offers the perfect balance of space and intimacy. The large sunroom bathes the home in natural light, providing an inviting space to relax and unwind.
Discover endless possibilities in the upstairs loft/studio - a versatile space that can be adapted to suit your needs, whether it's a home office, creative studio, or a tranquil retreat.
Situated on approximately 6,235m2 (1.5 acres) of land, this property is a haven for outdoor enthusiasts. The lush surroundings offer a perfect backdrop for entertaining or simply enjoying the serenity of nature.
A double garage with an attached large workshop ensures ample space for hobbies and projects. Additionally, a 6.6x5.6m shed with a concrete floor and another 10x4m open bay shed provides even more storage options, or an ideal spot to store firewood.
The expansive grounds surrounding the home allow for endless possibilities - from gardening enthusiasts to those seeking a peaceful retreat, the options are boundless. A geodesic dome greenhouse, a chook pen, a fruit orchard, multiple raised vegetable gardens and a large pond full of Lillies and frogs all come together to create your own private sanctuary in this generously sized backyard.
Backing onto the Ballarat-Skipton rail trail, within easy access to the quaint township of Smythesdale, this property provides a perfect balance between tranquility and accessibility. Embrace a peaceful rural lifestyle while still being within close proximity to local schools (Smythesdale & Scarsdale) all the while being within reach of essential amenities. The Delacombe Town Centre is just a 14-minute drive away, and a further 10 minutes to the Ballarat CBD.
This Tudor-style masterpiece is a rare find, offering a unique blend of style, space, and functionality. To experience the timeless charm of 238 Pitfield-Scarsdale Road, contact us today to schedule a private viewing.
* This information has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies. Accordingly, all interested parties should make their own inquiries to verify the information.
Listing description written by Dean Mifsud, Ray White Ballarat — reproduced as published, not verified by Districts.
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