Bairnsdale at a glance
7,502
People
$513,750
Median sale
$479/wk
Median rent
4.85%
Suburb gross yield
Median sale from 50 recorded sales (last 12 months) — a Districts calculation.
VIC › Bairnsdale › Drevermann St
$409,000
For sale
Asking
$360,000
Last sold
29 Apr 2025
3
Bedrooms
1
Bathrooms
2
Car spaces
1,011 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
$409,000
Asking · $405/m² of land
Last recorded sale $360,000 (29 Apr 2025).
Local land rate: recorded House sales in Bairnsdale (last 5 years) with land size have a median of $758/m² of land (n=61). Districts calculation from recorded sales — not a valuation.
Bairnsdale at a glance
7,502
People
$513,750
Median sale
$479/wk
Median rent
4.85%
Suburb gross yield
Median sale from 50 recorded sales (last 12 months) — a Districts calculation.
Vs Bairnsdale
-20.4%
Median sale
Suburb $513,750
+1.24 pp
Gross yield
Suburb 4.85%
Suburb median $513,750 from 50 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$24,371 on top of the price (6.0% 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.
Pre-filled with Bairnsdale's advertised median rent — not a rent for this listing.
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 is recorded. Suburb median rent $479/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.
Gross yield if leased at the suburb aggregate is 6.1%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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
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?
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
Bairnsdale at a glance
7,502
People
$513,750
Median sale
$479/wk
Median rent
4.85%
Suburb gross yield
Median sale from 50 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Coast to Country Real EstateThis three-bedroom home is conveniently located, only a short distance from the Bairnsdale CBD. Set on a little over a quarter of an acre (1009 m2), this property presents a great opportunity for first home buyers to get into the market at an affordable price. Alternatively, with potential to subdivide (STCA), the home may suit investors or developers.
The home features largely hardwood flooring throughout supported by concrete stumps, providing a great base for further renovation. At the entry of the home is a split-level lounge and adjoining dining room complete with a slow combustion wood heater. A largely original kitchen to the rear provides some old-world charm. To the western end of the home are three bedrooms, each with built-in robes. The larger bedroom provides flexibility as a second living space and has direct access to the alfresco area. Alternatively, given the size of this room, there is ample space to install an ensuite or second bathroom. An existing family bathroom features both shower over bath and a second shower in need of some renovation. The laundry sits alongside and provides access to the separate toilet.
There is a single carport to the front of the home, an old lock up garage to the rear and plenty of off-street parking. The large rear yard provides plenty of room for the children or pets to play. There's ample room for the avid gardener to design their very own garden from what is really a blank canvas. The home is within easy walking distance to Primary and Secondary Schools, the BARC, hospital and the Bowls Club. For those into their fitness, walking tracks along the Mitchell River are easily accessible close by.
Don't miss this opportunity to get into your first home or alternatively invest in property that may suit subdivision (STCA). Please view our Virtual Tour online and contact Richard Ivey on 0401 113 310 for more information or to arrange an inspection.
Listing description written by Richard Ivey, Coast to Country Real Estate — reproduced as published, not verified by Districts.
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