Yea at a glance
1,986
People
$655,000
Median sale
$436/wk
Median rent
3.46%
Suburb gross yield
Median sale from 39 recorded sales (last 12 months) — a Districts calculation.
VIC › Yea › Prospect Rise
$557,250
Last sold
20 May 2021
3
Bedrooms
1
Bathrooms
1
Car spaces
931 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
$557,250
20 May 2021 · derived via latest_sale
Local land rate: recorded House sales in Yea (last 5 years) with land size have a median of $590/m² of land (n=84). Districts calculation from recorded sales — not a valuation.
Yea at a glance
1,986
People
$655,000
Median sale
$436/wk
Median rent
3.46%
Suburb gross yield
Median sale from 39 recorded sales (last 12 months) — a Districts calculation.
Vs Yea
-14.9%
Median sale
Suburb $655,000
+0.61 pp
Gross yield
Suburb 3.46%
Suburb median $655,000 from 39 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 $436/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
Yea at a glance
1,986
People
$655,000
Median sale
$436/wk
Median rent
3.46%
Suburb gross yield
Median sale from 39 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Barry Plant CroydonA MillBuilt custom design is showcased alongside tree-top scenery within a stroll from the township of Yea. Crafted with reclaimed timbers, throughout creating excitement at every turn.
A rarity to the Shire of Murrindindi, immediately this home will draw your attention. Greeting you with a timber deck leading up to the entry, your eyes will be taken by the striking engineered timber floors and the immaculate detailed craftsman ship the home has to offer.
Offering three spacious bedrooms, the master suite offers a timber feature wall along with a generous wall of floor to ceiling built in robes. The further two remaining bedrooms are separately zoned from the master, carefully designed with the family in mind.
The expansive lounge and dining boast a split-system heather/air conditioner for all year-round comfort. A stunning stone kitchen adds to the immaculate detailing of the home, with stainless steel appliances, electric cooking, granite sink, pendant lighting, luxurious fittings, island bench perfect for the entertainer and life's everyday comfort.
A feel of luxury, the bathroom features free standing bath, separate shower, ample storage, quality fixtures and fittings along with reclaimed timber finishes. There is a matching separate laundry perfectly tucked away for everyday convenience. A carport built with high ceilings to accommodate a large car with additional off-street parking.
A home for the entertainer, the glass doors that will open you up to the back veranda with views of the native bushland allowing guests to take advantage of the indoor-outdoor living. A generous block will allow the children or pets to play in this private court location.
Built with the environment in mind, the impressive builders at MillBuilt have made every effort to use materials that can either be recycled at the end of their lifespan or simply decomposed back into the earth. Most of the timber MillBuilt utilises is sustainably sourced from Australian plantation timber.
A perfect position into the township nearby, Yea High School, Sacred Heart Primary School, Yea Primary School, Yea Golf Club & Yea Racecourse.
Listing description written by Sarah Savio, Barry Plant Croydon — reproduced as published, not verified by Districts.