Riddells Creek at a glance
4,521
People
$1,061,500
Median sale
$597/wk
Median rent
2.92%
Suburb gross yield
Median sale from 46 recorded sales (last 12 months) — a Districts calculation.
VIC › Riddells Creek › Mount Eliza Rd
$4,000,000
Last sold
18 Apr 2023
4
Bedrooms
2
Bathrooms
3
Car spaces
695,900 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
$4,000,000
18 Apr 2023 · derived via latest_sale
Riddells Creek at a glance
4,521
People
$1,061,500
Median sale
$597/wk
Median rent
2.92%
Suburb gross yield
Median sale from 46 recorded sales (last 12 months) — a Districts calculation.
Vs Riddells Creek
+276.8%
Median sale
Suburb $1,061,500
-2.14 pp
Gross yield
Suburb 2.92%
Suburb median $1,061,500 from 46 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 $597/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
Riddells Creek at a glance
4,521
People
$1,061,500
Median sale
$597/wk
Median rent
2.92%
Suburb gross yield
Median sale from 46 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Donovan + Co. Property Specialists Burleigh Heads'Eden Park' - 249 Mount Eliza Rd, Riddells Creek
Set on 171 Acres and in the heart of Victoria's horse country sits the picturesque, 'Eden Park'. The property boasts a substantial range of quality equine facilities to accommodate all disciplines in the equine industry, perfectly suited for agistment, rehabilitation, breeding, boutique stud farm or stallion station.
Just 35km from Melbourne's International Airport and under an hour's drive from the CBD, the farm is ideally located in the beautiful Macedon Ranges, one of Victoria's highest performing growth corridors. City skyline views from the Southern portion of land creates opportunity for a training track or new home site as part of future potential subdivision of the offered parcel (STCA). Also, there is direct right of way access to the rear of the property from Mount Charlie Road.
The district is renowned for its significant water supply and high rainfall, undulating land, and volcanic rich soil. Eden Park also boasts a natural supply of high quality water from dams, bore, dual creek frontages and an irrigation license.
EQUINE FACILITIES + FARM
54 paddocks mixed sizes + individual shelters for each
Quality post and rail fencing throughout
Indoor Equestrian Arena + Round yard + Dressage arena + Viewing platform
3 individual stable blocks + Foaling boxes + Tack and feed rooms + Wash bays
Veterinary complex
Sand arena and round yard
Machinery shed
Enclosed sawdust shed
Hay shed
Mature Cyprus trees cover internal and external boundaries, providing shelter and aesthetic appeal.
Hard stand gravel driveway and internal roads
RESIDENCE
A spacious four bedroom home with cathedral ceilings sits proudly on the property, with an indoor heated swimming pool complete with amenities.
4 Bedroom
2 Bathroom
Large living and dining
Alfresco entertaining areas
Indoor custom designed pool
WATER
Dual Creek frontages
4 dams
Electric bore (high quality water supply)
Header tanks
Irrigation license
Eden Park presents an incredible opportunity to secure a renowned equine property in a blue chip location.
Inspections by appointment.
Information memorandum available upon request.
Listing description written by Clint Donovan, Donovan + Co. Property Specialists Burleigh Heads — reproduced as published, not verified by Districts.
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