Tecoma at a glance
2,096
People
$980,000
Median sale
$609/wk
Median rent
3.23%
Suburb gross yield
Median sale from 21 recorded sales (last 12 months) — a Districts calculation.
VIC › Tecoma › Sophia Grove
$1,035,000
Last sold
11 Nov 2023
4
Bedrooms
3
Bathrooms
1
Car spaces
794 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
$1,035,000
11 Nov 2023 · derived via latest_sale
Local land rate: recorded House sales in Tecoma (last 5 years) with land size have a median of $757/m² of land (n=91). Districts calculation from recorded sales — not a valuation.
Tecoma at a glance
2,096
People
$980,000
Median sale
$609/wk
Median rent
3.23%
Suburb gross yield
Median sale from 21 recorded sales (last 12 months) — a Districts calculation.
Vs Tecoma
+5.6%
Median sale
Suburb $980,000
-0.17 pp
Gross yield
Suburb 3.23%
Suburb median $980,000 from 21 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 $609/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
Tecoma at a glance
2,096
People
$980,000
Median sale
$609/wk
Median rent
3.23%
Suburb gross yield
Median sale from 21 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Bell Real Estate OlindaExuding character and charm this original hills character home has been sensitively extended and renovated over the years to preserve its street presence and integrity, while the contemporary interior is highly desirable. Perfectly positioned on a corner parcel in the warm and friendly neighbourhood of a tightly held pocket of Tecoma, there’s simply nothing more to do except move in and enjoy.
Separate driveways lead to an individual carport and garage, a covered entrance porch with sweeping verandas, perfect for enjoying the natural surroundings. Mellow timber floorboards surround a fabulous kitchen with ample benchtops, SS appliances while a butlers pantry leads to a laundry fully renovated and functional. Abundant light floods into the adjacent meals area with access to the porch, side garden and rear yard, perfect for the busy family.
A central and extremely spacious lounge is warmed by an inbuilt gas log fire with movie screen tucked away and wired for the ultimate cinema room. Climate control with split systems ideal for warmer days. Soft curved edge curtaining in subtle grey tones and a gentle colour palette allows for easy decorating including new carpets underfoot. An office with an external entrance is perfect for working at home with a workstation, cupboards and shelving all custom fitted.
The master suite with ensuite and WIR sits privately from 2 further bedrooms with BIR’s and main bathroom. Storage space is aplenty with a roof attic, lined and easily accessed via a hidden step ladder. This is just one wing of the fabulous floor layout.
Multi-generational living has been cleverly planned with connection internally and also private street access to the very comfortable additional zone with living, bedroom and a bathroom. A flexible home to suit your needs, to grow with your family and positioned in the most highly desirable setting that the current owners have lived and loved for over 25 years.
Outside, relaxation in the summer for the kids with a pool and decking area while the remote door garage ensures workspace for the tradie of the family. Lets’ not forget a fenced yard for the 4 legged member!
The desired lifestyle of all amenities with close proximity of walking distance to Tecoma Village, Primary School and train station… inspection is essential to feel the heart and soul of this beautiful home. Perfect.
Please note: All property details shown are correct at time of publishing. Some properties may have been sold in the preceding 24 hours and we recommend that you confirm open for inspection times with the listing agent direct or the listing office
Listing description written by Corinne Sukroo, Bell Real Estate Olinda — reproduced as published, not verified by Districts.