Upper Ferntree Gully at a glance
3,403
People
$910,000
Median sale
$589/wk
Median rent
3.37%
Suburb gross yield
Median sale from 38 recorded sales (last 12 months) — a Districts calculation.
VIC › Upper Ferntree Gully › Bates Ave
$988,000
Last sold
12 Aug 2023
3
Bedrooms
2
Bathrooms
0
Car spaces
1,380 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
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
$988,000
12 Aug 2023 · derived via latest_sale
Local land rate: recorded House sales in Upper Ferntree Gully (last 5 years) with land size have a median of $796/m² of land (n=134). Districts calculation from recorded sales — not a valuation.
Upper Ferntree Gully at a glance
3,403
People
$910,000
Median sale
$589/wk
Median rent
3.37%
Suburb gross yield
Median sale from 38 recorded sales (last 12 months) — a Districts calculation.
Vs Upper Ferntree Gully
+8.6%
Median sale
Suburb $910,000
-0.27 pp
Gross yield
Suburb 3.37%
Suburb median $910,000 from 38 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
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
VICPlanning 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.
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
No advertised rent is recorded. Suburb median rent $589/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownArea
Upper Ferntree Gully at a glance
3,403
People
$910,000
Median sale
$589/wk
Median rent
3.37%
Suburb gross yield
Median sale from 38 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Area Specialist VictoriaKey Features:
- Large 1,380 square meter allotment
- Tranquil location near iconic 1000 Steps walking trail
- Light-filled north-facing property
- Stunning views of Dandenong Ranges National Park
- Cozy living area with cathedral ceiling and fireplace
- Galley-style kitchen with unique historical touches
- Master bedroom with built-in wardrobes and backyard orchard view
- Ducted heating and cooling, ample storage space
- Spacious backyard for entertaining, landscaped gardens
ITS ADDRESSED
Escape to this charming retreat nestled in the serene corner of the Dandenong Ranges foothills. Just a short walk from the iconic 1000 Steps walking trail, this light-filled north-facing property offers a perfect blend of modern comfort and natural beauty.
At only 20 years old, this well-established home exudes warmth and elegance. The front verandas span across the ground and first floor, providing breathtaking views of the Dandenong Ranges National Park.
Step into the main living area and be greeted by a soaring cathedral ceiling and Sydney blue gum polished wood floorboards. The cozy ambiance is enhanced by a Jotul freestanding fireplace. A dedicated study nook and a lighting control system add practicality and mood-setting capabilities.
Unleash your culinary creativity in the galley-style kitchen, featuring sleek black tiger-eye marble benchtops and stainless-steel appliances. The custom-made kitchen cabinetry was crafted from Baltic pine floorboards salvaged from a Brunswick miner's cottage. The European laundry showcases a polished timber slab benchtop sourced from an original wind-break cypress tree planted in the late 1800s when Upper Ferntree Gully was a farming area.
The master bedroom offers ample space, built-in wardrobes, and polished Tasmanian Oak floorboards. Enjoy the view of the backyard orchard. Two additional bedrooms on the ground floor also feature built-in wardrobes and scenic views of the Dandenong Ranges National Park.
Stay comfortable year-round with ducted heating and cooling, while the passive solar design and verandas help keep energy bills low. Abundant storage options include a dedicated storage room, workshop, and additional in-ceiling and under-house storage space.
Entertain family and friends in the spacious backyard entertaining area, perfect for hosting gatherings and alfresco dining. Immerse yourself in the tranquillity of the expertly landscaped gardens, adorned with established trees offering privacy and a variety of fresh produce. Stone terraces and bluestone block steps and paths, salvaged from Melbourne's laneways, add unique touches to the outdoor space.
Explore the convenience of the area with close proximity to schools, shops, hospitals, trains, and buses. Enjoy easy access to the iconic 1000 Steps walking trail, where nature beckons you to immerse yourself in its beauty. Delight in the abundance of local amenities, including schools, shopping centers, medical facilities, and efficient public transport options. With picturesque parks, reserves, and the scenic Yarra Valley nearby, this location offers a perfect balance of tranquility and convenience. Don't miss out on this opportunity to embrace a serene lifestyle in the Dandenong Ranges foothills. Contact us today to arrange a private viewing and make this retreat your own.
Contact us today to arrange a private viewing and secure your slice of serenity in the Dandenong Ranges foothills.
Note: Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective purchasers/tenants are requested to take such action as is necessary, to satisfy themselves with any pertinent matters.
Listing description written by Rohin Arora, Area Specialist Victoria — reproduced as published, not verified by Districts.
Victoria 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?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). 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
UnknownDevelopment applications have not been queried 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.