Reservoir at a glance
55,353
People
$965,000
Median sale
$502/wk
Median rent
2.71%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
$840,000
Last sold
13 July 2024
3
Bedrooms
1
Bathrooms
4
Car spaces
600 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
$840,000
13 July 2024 · derived via latest_sale
Local land rate: recorded House sales in Reservoir (last 5 years) with land size have a median of $1,355/m² of land (n=54). Districts calculation from recorded sales — not a valuation.
Reservoir at a glance
55,353
People
$965,000
Median sale
$502/wk
Median rent
2.71%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
Vs Reservoir
-13.0%
Median sale
Suburb $965,000
+0.40 pp
Gross yield
Suburb 2.71%
Suburb median $965,000 from 25 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 $502/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
Reservoir at a glance
55,353
People
$965,000
Median sale
$502/wk
Median rent
2.71%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White BundooraFirst time Offered & Immaculate Charming Living
First time offered, nestled in a serene setting on rectangle 600 square metres, this meticulously maintained home offers spacious interiors and an array of family-friendly features. With diligent care over the years, this residence radiates a palpable sense of pride of ownership, ensuring years of comfort and enjoyment for the new owners.
The home boasts immaculately landscaped gardens and generous proportions, including three spacious bedrooms, each adorned with large robes providing ample storage. The main bathroom and an additional powder room (with one situated outdoors) prioritize comfort and convenience in every aspect of the home.
The formal lounge and living areas invite cozy gatherings, perfect for creating lasting memories. The heart of the home lies in the timber kitchen/meals/family area, which is complete with stainless steel cooking appliances and ample benchtops, creating an ambiance of culinary delight.
Year-round comfort is ensured with ducted heating, wall unit cooling. Outside, the allure continues with an undercover veranda and a spacious backyard, making your outdoor living and entertaining experience exceptional. The property also features a four-car garage with a massive storage area and workshop behind.
Additional features include timber floorboards underneath the carpet, ample driveway and off-street parking and two large rainwater tanks. This home offers easy access to popular primary schools, high schools, kinder/childcare facilities, local parks, and the picturesque Merri Creek trails. Additionally, Ruthven train station, sought-after shopping precincts, and the Ring Road are within easy reach, ensuring convenience and connectivity for your daily commute and leisure activities.
Land size: approx 600 sqm2 approx.
Deposit: 10%
Settlement preference: 30, 60 and 90 days
Rental assessment: $550 - $600 per week
Listing description written by Gin Wu, Ray White Bundoora — reproduced as published, not verified by Districts.
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