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VIC › Wandin North › Prospect Rd

23A Prospect Rd, Wandin North VIC 3139

House

$1,200,000

Last sold

24 Mar 2021

4

Bedrooms

2

Bathrooms

4

Car spaces

1,019 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 $1,200,000 (24 Mar 2021).(Recorded sale)
  • FactLand 1,019 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

$1,200,000

24 Mar 2021 · 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

+30.3%

Median sale

Suburb $921,250

-0.74 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. Sold$1,200,00024 Mar 2021
  2. Listedprice unknowncompleted18 Mar 2021
  3. Listedprice unknowncompleted18 Mar 2021

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 Barry Plant Lilydale

Award-winning lifestyle in central locale.

With its immeasurable blend of design, lifestyle and location, this awe-inspiring contemporary residence celebrates award-winning Porter Davis' building excellence, achieving innovative style and a combination of striking materials and textures to underpin its spacious living spread across a superb single-level layout.

Presenting to the market for the first time and positioned in a quiet cul-de-sac only 150m (approx.) from the main town, the home offers express access to an array of boutique shops that are at your disposal. This sophisticated five-year-old home captures immediate interest with its stylish structure and sleek rendering, complemented by a thriving landscaped garden and manicured privacy screening that encompasses the allotment.

Step inside this premium residence and experience refined finishes, beginning with the spacious foyer where glamourous non-scratch engineered floors lead invitingly to a series of interconnecting formal and casual living areas. Opening up through stacker doors, the desirable alfresco features a ceiling fan and gas plumbing for a barbeque, creating an appreciable entertaining environment. The separate family room is ideal for socialising while the generously scaled open-plan layout incorporates the light-filled lounge and dining domain.

Read the full description

A beautiful harmonising of details come together to create a sophisticated, stylish look, comprising subtle tones and high ceilings paired up with quality appointments placed throughout. Large windows have been strategically placed to create tranquil sightlines to the lush green backyard where you can watch the children play while preparing dinner.

The builder's irrefutable quality and signature design elements take centre stage in the entertainer's kitchen. The inspired cook will love the unparalleled features, including; Blanco stainless steel appliances; 900mm dual-fuel cooker, dishwasher and rangehood, soft-close cupboards and drawers, stone benchtops, large island with pendant lighting dropping in warmth over the breakfast bar, thoughtfully-conceived butler's pantry, double sink with veggie mixer, porcelain-tiled splashback and plumbing outlet for fridge. The dark cabinetry superbly contrasts with the light benchtops, resulting in a visually engaging finish.

The master suite is imbued with modern luxury, comprising a walk-in robe, ceiling fan and full ensuite enhanced with a luxury-sized dual-head rain shower with wall niche, stone-topped twin vanity and large format tiles. Positioned away from the master, three additional generously-sized bedrooms are fitted with double built-in robes. Two are zoned together along with the central bathroom which showcases a dual-head rain shower, deep-soak bath, stone-topped vanity, large format floor-to- wall tiles and sizable window flooding the interior with natural light. The fourth bedroom is privately located off the family room – perfectly designed for teens, guests, in-laws or could perhaps be utilised as a study/home office.

Set 90 metres (approx.) back from the road on a 1019m2 (approx.) block in addition to providing a long, gated driveway, the property offers a host of extras, with highlights listing as; wide double-door entry, highly functional laundry, gas ducted heating, evaporative cooling, LED lights, linen cupboard, dual blinds throughout, lockable windows, solar hot water, 3000 litre water tank, garden shed, remote double garage with internal and rear access, as well as parking provision at the side of the home for a trailer or boat. An oversized remote double garage (8.7m x 6.16m approx.) boasts insulation, workshop and high clearance, ideal for caravan/boat/vehicle parking. Tradespersons and car enthusiasts will be impressed.

This home is situated just a short walk from the local bus stop, Warburton Trail, Wandin North Reserve with playground, Wild Cattle Creek, also offering momentary access to Wandin Preschool, Wandin Yallock Primary School, Wandin North Primary School, Lilydale Village, Lilydale Railway Station, Yarra Hills Secondary College, and Seville Water Play Park.

This premium residence ensures that the needs of the modern family have been considered and well catered for.

Listing description written by Josh Stokes, Barry Plant Lilydale — reproduced as published, not verified by Districts.

Property features

  • Built-in Robes
  • Dishwasher
  • Ducted Heating
  • Ensuites: 1
  • Outdoor Entertaining
  • Remote Garage
  • Shed
  • Solar Hot Water
  • Toilets: 2
  • Water Tank
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.