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VIC › Maiden Gully › Sparrowhawk Rd

244 Sparrowhawk Rd, Maiden Gully VIC 3551

House

$970,000

Last sold

24 July 2024

4

Bedrooms

2

Bathrooms

8

Car spaces

2,185 m²

Land

245 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $970,000 (24 July 2024).(Recorded sale)
  • CalculationLand 2,185 m² against a 245 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Maiden Gully (last 5 years) with land size: median $559/m² of land (n=102). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$970,000

24 July 2024 · derived via latest_sale

Local land rate: recorded House sales in Maiden Gully (last 5 years) with land size have a median of $559/m² of land (n=102). Districts calculation from recorded sales — not a valuation.

Maiden Gully at a glance

5,757

People

$820,000

Median sale

$602/wk

Median rent

3.82%

Suburb gross yield

Median sale from 31 recorded sales (last 12 months) — a Districts calculation.

See the full Maiden Gully report →

Vs Maiden Gully

+18.3%

Median sale

Suburb $820,000

-0.59 pp

Gross yield

Suburb 3.82%

Suburb median $820,000 from 31 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$970,00024 July 2024
  2. Listedprice unknowncompleted8 May 2024
  3. Listedprice unknowncompleted8 May 2024

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $602/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Maiden Gully in one glance

Maiden Gully at a glance

5,757

People

$820,000

Median sale

$602/wk

Median rent

3.82%

Suburb gross yield

Median sale from 31 recorded sales (last 12 months) — a Districts calculation.

See the full Maiden Gully report →

Keep researching

  • Why Maiden Gully? Read the area thesis →
  • What else is on the market in Maiden Gully →
  • Other records on Sparrowhawk Rd →

Listing material

Listed by Bendigo Real Estate

One of Maiden Gully's best lifestyle homes

Maiden Gully’s reputation is built on big homes on big blocks with sheds and pool’s. Indulge your passion -or your profession - at this luxury property, which has been fully developed for a big life of relaxation, entertainment and all the tinkering you can imagine.

Everything here is oversized, starting with a 2185m2 block beside a tree-lined walking path in beautiful Maiden Gully.

The home is huge, with space for the whole family to enjoy and grow with, thanks to four bedrooms, three living zones, and extensive outdoor living along with the added bonus of 7.5kw solar.

Read the full description

The shedding deserves an early mention and will likely seal the deal for the home handyperson, professional tradesperson or car collector. There is 47m2 of shedding and 89m2 of carport. The sheds include three-phase power, a car hoist, extensive built-in shelving and a mezzanine floor.

There is ample space for eight vehicles, plus caravans, trailers, boats, etc, plus spacious concrete areas for easy parking and manoeuvring.

Now let’s take a look at the home, which features a host of timeless, high-style upgrades to enjoy for years to come, including warm honey-toned timber floors, high ceilings and a designer kitchen.

The bedrooms include a front master suite with ceiling fan, walk-in-robe and ensuite with over-sized shower and vanity. The further three bedrooms have built-in-robes and are situated in their own wing along with the family bathroom.

You’re spoilt for choice with living rooms, which consist of a quiet front lounge, a big rear rumpus, and an open-plan zone in between.

That gorgeous kitchen includes an under-bench oven, gas cooktop and dishwasher. There are stone benches, a cool blue glass splashback, wide pot drawers and feature pendant lights. You’ll love the big walk-in pantry.

Enjoy the indoor/outdoor lifestyle all year round thanks to the semi-enclosed outdoor room, with timber deck, open fireplace, and twin French doors. Beyond this space is a second alfresco area and a high pergola with built-in barbecue.

The spaces will be well used come summer holidays, thanks to the in-ground pool besides, with shade sail overhead and paving beside.

The large block still allows lots of space for the kids to play, and is fully landscaped with established deciduous trees which are putting on their autumn show.

Sparrowhawk Road is at the gateway to Maiden Gully, and less than 6km from the heart of Bendigo. The property is a total surprise package, and a pleasure to inspect.

Listing description written by Nekti Tzouroutis, Bendigo Real Estate — reproduced as published, not verified by Districts.

Property features

  • Built-in Robes
  • Dishwasher
  • Ducted Cooling
  • Ducted Heating
  • Ensuites: 1
  • Living Areas: 3
  • Outdoor Entertaining
  • Pool
  • Remote Garage
  • Shed
  • Toilets: 2
  • Water Tank
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.