Monbulk at a glance
3,669
People
$904,750
Median sale
$606/wk
Median rent
3.48%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
VIC › Monbulk › Olinda Monbulk Rd
$701,500
Last sold
14 Nov 2024
3
Bedrooms
1
Bathrooms
2
Car spaces
805 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
$701,500
14 Nov 2024 · derived via latest_sale
Local land rate: recorded House sales in Monbulk (last 5 years) with land size have a median of $583/m² of land (n=127). Districts calculation from recorded sales — not a valuation.
Monbulk at a glance
3,669
People
$904,750
Median sale
$606/wk
Median rent
3.48%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
Vs Monbulk
-22.5%
Median sale
Suburb $904,750
+1.01 pp
Gross yield
Suburb 3.48%
Suburb median $904,750 from 30 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 $606/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
Monbulk at a glance
3,669
People
$904,750
Median sale
$606/wk
Median rent
3.48%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by First National Real Estate Ranges**** OFFERS CLOSING: Wednesday 13th of November at 4pm (unless sold prior)****
This charming 1950s home, nestled on a gently sloping 800m² (approx) block close to Monbulk township, is a true delight with both character and potential. Featuring three bedrooms (two with built-in robes) and one bathroom, this home offers a solid foundation for comfortable living with room for endless scope for updates.
Upon entering through the front gate, you are greeted by a beautiful ‘olde worlde’ garden, leading to the cottage front door and into a spacious living and dining area with an open fireplace (currently in need of repair). The home also features a bright sunroom that floods with natural light, creating an inviting space for relaxation or entertaining. The walk-through kitchen includes a gas cooktop and ample cupboard space, flowing through to a convenient laundry.
The verandah at the rear of the property overlooks a backyard complete with a mini orchard of fig and citrus trees, making it the perfect spot to unwind and enjoy nature. Additional features include a carport and a garage that doubles as a workshop, providing versatility for storage, hobbies, or projects.
Other highlights of this home include ducted heating, individual heaters in each bedroom, a split system for year-round comfort, solar power for energy efficiency, a solar battery, and under-house storage for added convenience. With plenty of charm, this property awaits your creative touch to transform it into your dream home.
Close proximity to schools, supermarkets, parks and public transport. This property is a great opportunity to get into the market as an owner or investor or even as a downsizers delight!
Be quick as this won’t last!
Please call Mick Dolphin at 0409 117 432 or Erin Davies at 0493 136 937 to arrange an inspection.
https://www.consumer.vic.gov.au/duediligencechecklist
Please note: All property details listed were current at the time of publishing.
Listing description written by Mick Dolphin, First National Real Estate Ranges — reproduced as published, not verified by Districts.