Waratah Bay at a glance
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Median sale
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Median rent
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Suburb gross yield
VIC › Waratah Bay › Birrahlea St
$859,000–$889,000
For sale
Asking range
4
Bedrooms
2
Bathrooms
7
Car spaces
871 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
Asking
$859,000–$889,000
Asking range · $986/m² of land
No recorded sale for this property.
Waratah Bay at a glance
No data
Median sale
No data
Median rent
No data
Suburb gross yield
Based on the low end of the asking range, not a contract price.
$52,424 on top of the price (6.1% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Based on the low end of the asking range, not a contract price.
No rent is recorded for this listing. Enter a weekly rent to model yield.
Enter a purchase price and weekly rent to calculate yield.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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 and no suburb rent aggregate are loaded. Official bond files are not loaded. Listing rent and suburb aggregates are evidence, not this address’s rent.
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.
0 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
UnknownNo advertised rent and no suburb rent aggregate are loaded. Official bond files are not loaded. Listing rent and suburb aggregates are evidence, not this address’s rent.
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.
Area
Waratah Bay at a glance
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Median sale
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Median rent
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Suburb gross yield
Listing material
Listed by Paragreen Real EstateIn the secluded seaside village of Waratah Bay, where pristine sands meet the gentle rhythm of the ocean, a home awaits that perfectly balances relaxation, space, and charm. Set on 871 sqm of landscaped grounds and framed by revitalised native gardens, this property offers a rare chance to secure your own slice of the coast.
From the moment you arrive, the sense of retreat is immediate. Light-filled living spaces, natural warmth and flexible zones create a relaxed setting designed to accommodate family, friends and generations of memories. The residence features three dedicated bedrooms plus a large retreat-style second living area currently configured as a fourth accommodation zone, ideal for guests or extended family. Generous in size, this area includes its own separate entrance - the home's original front entry - and could easily be adapted for additional bedrooms or a self-contained layout if desired, adding to the property's impressive flexibility.
The master suite offers a walk-in robe and ensuite, while the modern kitchen with dishwasher, wall oven and electric hob opens seamlessly to generous dining and living areas. Comfort is assured year-round with a wood heater, reverse-cycle air-conditioning and ceiling fans. At the rear, a large deck invites entertaining beneath the trees, overlooking a lush private garden. A powered shed and double carport provide practical storage and parking, complemented by a 100,000-litre water tank and solar hot water system. Every element of the home blends practicality with charm, creating a space that feels both grounded and uplifting.
The surrounding area completes the picture. Morning walks along the beach are just moments from your door, the sand and sea a constant backdrop to daily life. Waratah Bay is a small, tightly held village where neighbours wave in passing and summer brings an easy, holiday energy to the town. A short drive connects you to Foster and Fish Creek - each with its own character and appeal. Foster offers excellent local facilities including medical services, sporting clubs, schools and supermarkets, while also home to the renowned Gurney's Cidery, known for its sweeping views and relaxed atmosphere. Fish Creek, by contrast, brings an artistic touch to the region with the famous Fish Creek Hotel, boutique shops, cafés and galleries that celebrate local creativity. Beyond these townships, Wilsons Promontory National Park awaits - one of Australia's most spectacular natural landmarks, offering pristine beaches, rugged bushland trails, and a true sense of escape within an hour's drive.
Properties in Waratah Bay are rarely offered, and those with the presentation and flexibility of 24 Birrahlea Street are even harder to find. Whether you dream of a seaside weekender, a gathering place for family and friends, or a peaceful coastal home, this property delivers the lifestyle many aspire to but few attain.
Inspections strictly by appointment.
Listing description written by Justin Wightman, Paragreen Real Estate — reproduced as published, not verified by Districts.