Spring Gully at a glance
3,085
People
$700,000
Median sale
$460/wk
Median rent
3.42%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
VIC › Spring Gully › Carpenter Street South
$590,000
Last sold
7 Oct 2024
3
Bedrooms
2
Bathrooms
4
Car spaces
529 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
$590,000
7 Oct 2024 · derived via latest_sale
Local land rate: recorded House sales in Spring Gully (last 5 years) with land size have a median of $870/m² of land (n=87). Districts calculation from recorded sales — not a valuation.
Spring Gully at a glance
3,085
People
$700,000
Median sale
$460/wk
Median rent
3.42%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
Vs Spring Gully
-15.7%
Median sale
Suburb $700,000
+0.63 pp
Gross yield
Suburb 3.42%
Suburb median $700,000 from 27 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 $460/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
Spring Gully at a glance
3,085
People
$700,000
Median sale
$460/wk
Median rent
3.42%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Mark O'Shea RealtyWelcome to 263 Carpenter Street South, Spring Gully
Nestled in the heart of Spring Gully, where convenience meets versatility, this is not just a home - it's a lifestyle experience waiting for you!
Immerse yourself in the split-level design, drenched in natural light, and embraced by solid brick exterior walls. This home not only exudes love but is meticulously maintained by its current owners.
Boasting 3 bedrooms and 2 bathrooms, this home is tailor-made for families, investors, or retirees seeking a low-maintenance, "lock up and go" lifestyle. The double-door remote lock-up garage isn't just for parking two cars; it opens the door to possibilities, including workbench space for handyman projects and additional storage options. Plus there's potential to park your caravan when you're at home!
The owners have invested time and care, enhancing this home with standout improvements along the way.
Searching for comfort, convenience and easy access to all amenities in Bendigo.
Bendigo Marketplace: A mere 3.5km drive or a refreshing walk away.
Spring Gully Primary School: A convenient 950-meter stroll, perfect for older kids to walk or even ride their bikes to school!
And even better if you do the school drop off you are only a 500-meter stroll to Spring Gully General Store for quiet coffee to kick start your day.
Recreation Paradise: Spoil yourself with options – soccer fields, tennis club, cricket oval, and Spring Creek walking tracks, all within a 1km walk from your doorstep.
Why Choose 263 Carpenter Street South? This is more than a property; it's a home that has been carefully curated for comfort, convenience, and community.
Open for private inspection. Call 0437 745 726 to arrange.
Disclaimer: All property measurements and information have been provided as honestly and accurately as possible by Bendigo Bestagents Pty Ltd trading as Mark O’Shea Realty. Some information is relied upon by third parties. Title information and further property details can be obtained from the Vendor Statement. We advise you to carry out your due diligence to confirm the accuracy of the information provided in this advertisement and obtain professional advice if necessary. Bendigo Bestagents Pty Ltd trading as Mark O’Shea Realty does not accept liability for inaccuracies.
Listing description written by Mark O'Shea, Mark O'Shea Realty — reproduced as published, not verified by Districts.
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