Wangaratta at a glance
19,199
People
$579,000
Median sale
$427/wk
Median rent
3.83%
Suburb gross yield
Median sale from 138 recorded sales (last 12 months) — a Districts calculation.
VIC › Wangaratta › Caraselle Ave
3
Bedrooms
1
Bathrooms
4
Car spaces
1,916 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Wangaratta (last 5 years) with land size have a median of $902/m² of land (n=106). Districts calculation from recorded sales — not a valuation.
Wangaratta at a glance
19,199
People
$579,000
Median sale
$427/wk
Median rent
3.83%
Suburb gross yield
Median sale from 138 recorded sales (last 12 months) — a Districts calculation.
Planning
Planning scheme
ZN
Zone
GENERAL RESIDENTIAL ZONE - SCHEDULE 1
GRZ1
Jurisdiction
Wangaratta
Wangaratta, 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.
The official layer maps a flood zone on this parcel, intersecting about 18.7% of it (Vicmap Planning, retrieved 31 Aug 2026). Verify the extent against the title before relying on unaffected land.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
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
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 1,997 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.
18.7% of the official parcel intersects the loaded flood overlay. Layer: FLOODWAY OVERLAY. Also mapped: LAND SUBJECT TO INUNDATION OVERLAY (1% of the parcel). That is a finance, insurance, and rentability screen — distinct from whether the land can be subdivided. It is not a flood certificate or an insurer quote. Heritage constraint may block demolition or dual occupancy even on a large block. Flood overlay on a material share of the lot can kill a rear-lot or battleaxe subdivision story. Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Official parcel about 1,997 m² — land size can look like optionality. What reduces it: HERITAGE OVERLAY (HO102); FLOODWAY OVERLAY; LAND SUBJECT TO INUNDATION OVERLAY. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $427/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. Flood on or flagged for this lot can discount tenant demand versus a dry comparable.
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
This looks more like a hold-as-is house than a development site. Flood on the lot is the first thing to price.
Detail
Official parcel about 1,997 m² — land size can look like optionality. What reduces it: HERITAGE OVERLAY (HO102); FLOODWAY OVERLAY; LAND SUBJECT TO INUNDATION OVERLAY. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.
Nearby competing dwellings and net yield are still unknown.
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.
4 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 1,997 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
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?
KnownmediumOfficial parcel about 1,997 m² — land size can look like optionality. What reduces it: HERITAGE OVERLAY (HO102); FLOODWAY OVERLAY; LAND SUBJECT TO INUNDATION OVERLAY. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.
Lot-level flood
Knownmedium18.7% of the official parcel intersects the loaded flood overlay. Layer: FLOODWAY OVERLAY. Also mapped: LAND SUBJECT TO INUNDATION OVERLAY (1% of the parcel). That is a finance, insurance, and rentability screen — distinct from whether the land can be subdivided. It is not a flood certificate or an insurer quote.
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
Wangaratta at a glance
19,199
People
$579,000
Median sale
$427/wk
Median rent
3.83%
Suburb gross yield
Median sale from 138 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Nutrien Harcourts WangarattaSet on approx 1916m² allotment at the end of a quiet court, this circa 1911 red brick home has plenty to offer. The property directly overlooks the King River billabongs, providing an uninterrupted rural aspect across established river red gums and adjoining grazing land. The garden attracts consistent native bird activity, including King Parrots, Kookaburras and Magpies, reflecting the property's proximity to natural habitat.
Features include a large loungeroom, formal dining, three bedrooms, with built in robes to Bedrooms 1 and 2, original fireplaces retained in multiple rooms and a north facing sunroom.
The kitchen has been fully renovated with stone benchtops, and the bathroom has been upgraded and includes floor heating.
Climate control is comprehensive with ducted evaporative cooling, gas heating, three split systems within the home. Solar panels and a solar hot water system contribute to reduced electricity demand and lower ongoing running costs.
The block extends to a lower level at the rear, increasing usable outdoor space and privacy. Landscaping includes established shade trees, manicured lawns, Crepe Myrtles and an ornamental grapevine, with a courtyard providing uncompromised privacy.
Shedding capacity is a major asset. The primary workshop measures 10.5m x 5.4m (approx. 56.7m²) and includes split system air conditioning and workbenches, making it suitable for trade, mechanical or hobby use. The 4.2m x 8.4m caravan port (approx. 35.3m²) accommodates caravan, boats or larger vehicles, and the property also includes a two car garage with roller door.
Architecturally impressive, with many Victorian features not seen in today's modern homes. This is a generational opportunity to buy 24 Caraselle Avenue.
Private inspections by appointment. Be quick to avoid the disappointment of not taking this opportunity and enjoy for many years to come.
Listing description written by Joe McKenzie, Nutrien Harcourts Wangaratta — reproduced as published, not verified by Districts.