Diggers Rest at a glance
7,972
People
$665,000
Median sale
$504/wk
Median rent
3.94%
Suburb gross yield
Median sale from 136 recorded sales (last 12 months) — a Districts calculation.
VIC › Diggers Rest › Punjel Dr
$1,350,000
Last sold
18 Sept 2025
5
Bedrooms
2
Bathrooms
6
Car spaces
2,000 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
$1,350,000
18 Sept 2025 · derived via latest_sale
Local land rate: recorded House sales in Diggers Rest (last 5 years) with land size have a median of $1,767/m² of land (n=102). Districts calculation from recorded sales — not a valuation.
Diggers Rest at a glance
7,972
People
$665,000
Median sale
$504/wk
Median rent
3.94%
Suburb gross yield
Median sale from 136 recorded sales (last 12 months) — a Districts calculation.
Vs Diggers Rest
+103.0%
Median sale
Suburb $665,000
-2.00 pp
Gross yield
Suburb 3.94%
Suburb median $665,000 from 136 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 $504/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
Diggers Rest at a glance
7,972
People
$665,000
Median sale
$504/wk
Median rent
3.94%
Suburb gross yield
Median sale from 136 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Raine & Horne Diggers RestGrand Family Living on 2,000m² - First Time Offered!
Absolutely magnificent and proudly owner-built, this expansive family residence is offered for sale for the very first time. Situated on a sprawling 2,000m² (approx.) allotment in a highly sought-after pocket of Diggers Rest, 24 Punjel Drive delivers space, style, and substance in equal measure.
Boasting 5 spacious bedrooms plus a dedicated study or optional 6th bedroom, this home is perfectly suited to large or growing families. The master suite is located downstairs, complete with a full en-suite and generous walk-in robe, providing privacy and convenience. Upstairs, you'll find four large bedrooms that offer ample space and comfort for the whole family.
Designed with functionality in mind, the excellent floor plan includes multiple formal and informal living zones, including a billiard room, formal dining area, and a welcoming family/meals area with a cozy wood fireplace.
At the heart of the home lies a grand chef's kitchen with stunning stone benchtops, extensive cabinetry, quality appliances, and an abundance of preparation space - all overlooking the family area and the beautifully landscaped backyard.
Step outside and enjoy the ultimate in family living with a fully enclosed indoor pool, a generous outdoor pergola, and plenty of space for children to play safely. The grounds are fully established with lush gardens and fantastic entertainment zones.
Additional features include:
• Massive garage and workshop ideal for car enthusiasts or home-based businesses
• Indoor pool for year-round enjoyment
• Quality fixtures and fittings throughout
• Ample storage and practical living spaces
Perfectly positioned just minutes to freeway access, the train station, local parks, and recreation areas, this stunning home is also just a short drive to Melbourne Airport and offers an easy commute to Melbourne CBD.
Homes of this size, quality, and location are rarely found and often sought after in this high-growth corridor.
Act now - call today to arrange your private inspection before it's too late!
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Disclaimer
Raine & Horne has made every effort to ensure the accuracy of this information. However, details such as property dimensions, pricing, location, and descriptions have been provided by third parties. As such, Raine & Horne cannot guarantee the accuracy or completeness of this information and accepts no responsibility for any errors, omissions, or discrepancies.
We strongly advise prospective buyers to undertake their own research and verification of all details. For further guidance, please consult the due diligence checklist available through Consumer Affairs.
Listing description written by Dean Clements, Raine & Horne Diggers Rest — reproduced as published, not verified by Districts.