Research at a glance
2,833
People
$1,571,125
Median sale
$617/wk
Median rent
2.04%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
VIC › Research › Gumtree Rd
$3,010,000
Last sold
25 Sept 2021
5
Bedrooms
3
Bathrooms
2
Car spaces
6,985 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
$3,010,000
25 Sept 2021 · derived via latest_sale
Local land rate: recorded House sales in Research (last 5 years) with land size have a median of $945/m² of land (n=53). Districts calculation from recorded sales — not a valuation.
Research at a glance
2,833
People
$1,571,125
Median sale
$617/wk
Median rent
2.04%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
Vs Research
+91.6%
Median sale
Suburb $1,571,125
-0.97 pp
Gross yield
Suburb 2.04%
Suburb median $1,571,125 from 20 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 $617/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.
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
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
Research at a glance
2,833
People
$1,571,125
Median sale
$617/wk
Median rent
2.04%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Jellis Craig ElthamThis property is now available for private inspection- Please contact agent to register for inspection
SOLD by Jellis Craig. Have you been looking to escape the urban chaos and start enjoying a tranquil country atmosphere with seamless access to lifestyle amenities? If the answer is yes, then this gorgeous family home resting on a majestic 2 acres with breathtaking views may tick every box on your wish list.
Complementing its leafy surrounds with a soft textural combination of mudbrick walls and reclaimed timber sourced from all over Australia, the interior is warm and inviting, punctuated by towering angular ceilings with exposed beams, stunning Ironbark floorboards and timber wainscot panelling, with a seamless transition outdoors to a wraparound verandah that draws you outside to relax and stay awhile.
Discover a formal dining room ideal for entertaining or larger gatherings, accompanied by a family room warmed by an open fireplace and a casual meals zone and gourmet kitchen boasting a breakfast bar, high-end Smeg twin ovens, a gas cooktop, walk-in pantry and excellent storage space.
The secluded master bedroom is indulgently large, boasting French doors to the verandah, a walk-in robe and a divine ensuite featuring a handcrafted dual basin vanity, relaxing freestanding bathtub and a walk-in shower. Three remaining bedrooms are placed off a central hallway alongside a sleek family bathroom, complemented by a versatile teenager’s retreat with a cosy wood fireplace.
Outdoors there’s a covered alfresco deck with a firepit and bubbling spa to enjoy any time of year, plus, a self-contained 1-bedroom garden studio (with an adjoining home office) - perfect for guests, adult children saving for their own home or a wonderful Airbnb experience.
A long list of extras includes hydronic heating, ceiling fans, split system air conditioning, wool carpet, powder room, 12.5KW solar, huge high-clearance shed with 3-phase power, a mezzanine, mechanics pit and 130 amps, chicken coop, 4 fire hoses, under house storage room/wine cellar, 30,000L underground water tank, a double carport and endless guest parking.
In an idyllic location steps from Gumtree Reserve and a short distance from Eltham College, Research Central, Primary School and ELC, zoned for Eltham High and handy to surrounding parks, leisure facilities, Eltham Village and Train Station.
Listing description written by Tom Kurtschenko, Jellis Craig Eltham — reproduced as published, not verified by Districts.