Long Gully at a glance
3,309
People
$539,000
Median sale
$444/wk
Median rent
4.28%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
VIC › Long Gully › Philpot St
$318,000
Last sold
1 June 2023
2
Bedrooms
1
Bathrooms
1
Car spaces
299 m²
Land
94 m²
Building
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
$318,000
1 June 2023 · derived via latest_sale
Local land rate: recorded House sales in Long Gully (last 5 years) with land size have a median of $735/m² of land (n=102). Districts calculation from recorded sales — not a valuation.
Long Gully at a glance
3,309
People
$539,000
Median sale
$444/wk
Median rent
4.28%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
Vs Long Gully
-41.0%
Median sale
Suburb $539,000
+2.98 pp
Gross yield
Suburb 4.28%
Suburb median $539,000 from 29 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 $444/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
Long Gully at a glance
3,309
People
$539,000
Median sale
$444/wk
Median rent
4.28%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Gavin Butler Real Estate- Extremely nice unit that presents exceptionally well and is ideal for those wanting a home where you simply move in
- Very affordable home in our current market, particularly given the great condition the home is in
- Offering two brms (Birs) plus large open plan kitchen/diningf/family area and study nook
- Unique and impressive- timber ceilings and walls creating that extra charm and character
- Main bathroom- is very neat and has shower, vanity and bath
- Split system for heating and cooling for all seasons
- Investors note this is a solid but low maintenance home perfect for the investor wanting to enter the market. Fabulous entry to the market for first home buyers
- Good functional kitchen with electric cook top and gas oven
- Great location close to shops, bus, sporting oval and splash park and all amenities - a definite significant growth area for Bendigo in the future
- Secure fencing, ideal yard for fido or the children to play
- Extremely affordable home in good condition offering value for money
- Single carport that could double as an under cover entertainment area
- Perfect for the retirees, downsizers or first home buyers
This very nice unit or two bedroom home is located in an extremely central location close to all amenities. Just a brief walk into the Bendigo CBD or a couple of minutes drive, the area is fast becoming highly sought after to live in due to its close proximity to Bendigo CBD.
This information has been provided to us by third parties and we do not accept any responsibility for its accuracy. You should make your own enquiries and check the information so as to determine whether or not this information is in fact accurate. You must make your own assessment and obtain professional advice if necessary.
Property Code: 772
Listing description written by Paul Dalton, Gavin Butler Real Estate — reproduced as published, not verified by Districts.