Pitt Town at a glance
4,058
People
$1,800,000
Median sale
$926/wk
Median rent
2.68%
Suburb gross yield
Median sale from 37 recorded sales (last 12 months) — a Districts calculation.
$1,540,000
Last sold
1 Feb 2023
4
Bedrooms
2
Bathrooms
4
Car spaces
646 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
$1,540,000
1 Feb 2023 · derived via latest_sale
Local land rate: recorded House sales in Pitt Town (last 5 years) with land size have a median of $2,017/m² of land (n=101). Districts calculation from recorded sales — not a valuation.
Pitt Town at a glance
4,058
People
$1,800,000
Median sale
$926/wk
Median rent
2.68%
Suburb gross yield
Median sale from 37 recorded sales (last 12 months) — a Districts calculation.
Vs Pitt Town
-14.4%
Median sale
Suburb $1,800,000
+0.45 pp
Gross yield
Suburb 2.68%
Suburb median $1,800,000 from 37 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
NSWPlanning 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.” NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Rental
No advertised rent is recorded. Suburb median rent $926/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. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet. 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. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
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
UnknownNSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
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
UnknownNSW Valuer General land values are not loaded for this property yet.
Net yield / holding costs
UnknownNSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Area
Pitt Town at a glance
4,058
People
$1,800,000
Median sale
$926/wk
Median rent
2.68%
Suburb gross yield
Median sale from 37 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by The Home Bureau Property AgentsThis stylish family home offers an abundance of space inside and out. With airy high ceilings and a range of large living areas including free-flowing informal living zones that merge seamlessly with the large Alfresco, this contemporary styled home is ideal for entertaining.
Perfect for those with boats, caravans or cars to accommodate - the large rear yard is easily accessible via wide side access and provides plenty of hardstand space behind double security gates. There’s also a huge carport, double garage and extra wide driveway too.
A sleek modern kitchen is well designed with a huge bank of drawers, multiple preparation and servery benches – all stone topped – and overlit with designer pendant feature lighting.
With plenty of storage, this spacious home offers a large walk-in-pantry as well as a walk-in-linen. The master suite is decadently proportioned with a dressing room sized walk-in-robe and wall of glass overlooking the leafy rear garden.
This property is perfectly positioned on a quiet street amongst other quality properties and just a short walk to the local schools, shops and cafes of Pitt Town. With quick access to Mulgrave Station, Box Hill Town Centre and world class schools like Santa Sophia and Arndell College, this is the ideal family home.
FEATURES
-4 generous bedrooms with built-in-robes
-Master suite with dressing room sized Walk-In-Robe
-Stylish ensuite with double sized shower
-Large informal living and family area with direct access to huge Alfresco
-Designer kitchen with stainless steel appliances and hospitality styled tapware, multiple preparation and servery benches
-Sleek stone benchtops & overhead feature lighting
-Walk-in-pantry
-Walk-in-linen
-Lounge/media room
-Entry foyer with feature pendant lighting
-Extra height ceilings throughout
-Large laundry
-Spacious main bathroom with inset bath and neutral-toned tiles
-Double garage with internal access
-Huge Alfresco with solid timber decking
-Wide side access into rear yard suitable for boats and vans
-Double side security gates
-Large carport
-Ducted air conditioning
-Timber flooring to informal living areas
-Fully landscaped rear yard with plenty of hardstand area
-Quiet location amongst other quality properties
-Short walk to local schools, shops and cafes in Pitt Town
-Quick access to Mulgrave Station and Box Hill town centre
*Disclaimer: All information contained herein is gathered from sources we believe to be reliable, however, we cannot guarantee its accuracy. We do not accept any responsibility for its accuracy and do no more than pass it on. Any interested persons should rely on their own enquiries.
Listing description written by Rebecca Baldwin, The Home Bureau Property Agents — reproduced as published, not verified by Districts.