Bunyip at a glance
3,461
People
$880,000
Median sale
$486/wk
Median rent
2.87%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
VIC › Bunyip › Wattletree Rd
$1,310,000
Last sold
10 Feb 2026
4
Bedrooms
2
Bathrooms
5
Car spaces
9,712.455 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
$1,310,000
10 Feb 2026 · derived via latest_sale
Local land rate: recorded House sales in Bunyip (last 5 years) with land size have a median of $651/m² of land (n=95). Districts calculation from recorded sales — not a valuation.
Bunyip at a glance
3,461
People
$880,000
Median sale
$486/wk
Median rent
2.87%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
Vs Bunyip
+48.9%
Median sale
Suburb $880,000
-0.94 pp
Gross yield
Suburb 2.87%
Suburb median $880,000 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 $486/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
UnknownArea
Bunyip at a glance
3,461
People
$880,000
Median sale
$486/wk
Median rent
2.87%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White DrouinAttention tradies, horse enthusiasts or the buyer seeking a country vibe close to town, this approximate 2.4 acre property is an outstanding opportunity.
For the savvy investor, the potential to subdivide (STCA) allows a multitude of investment options.
Positioned less than 1.5 kilometres from the town centre, VLine station and with easy access to the freeway, convenience is also a feature whilst for families with young children, the Bunyip
Primary School, childcare and the Columba Catholic School are all within an easy walk.
Set back for privacy behind a stand of native trees, the brick veneer home has four bedrooms, including the main with an updated ensuite, three piece family bathroom, modern kitchen with
quality appliances, versatile living spaces, study, laundry and a separate toilet. Refurbished in recent times, the kitchen has all the essentials including a Smeg 900mm cooker, canopy rangehood, dishwasher, ample prep space and generous storage. Split system air conditioners in two of the living areas, cosy wood heater in the family room together with ceiling fans throughout maintain temperature comfort. A walk-in robe in the main bedroom, inbuilt robes in the secondary bedrooms, desk and cabinetry in the study, double linen press plus new cupboards in the laundry cover storage. Practical timber flooring in the living areas, updated window coverings and carpets in the bedrooms are further highlights.
Outside, a covered north facing deck, also with a wood fire, provides further living space year round with a picturesque outlook over the property and beyond to the distant Bunyip State
Forest.
Additional improvements include:
. 7m x 10m shed/workshop with a concrete floor and power
. Adjoining carport along the front and side
. Two 4m x 4m animal shelters
. Holding yards with loading race
. Chicken coop, small enclosed orchard and miscellaneous garden/wood sheds
. Tanks with a capacity of 60,000 litres plus mains connection
The acreage is divided into three paddocks with troughs, boundary plantings and a stand of native trees.
With its peaceful semi-rural feel, versatile improvements, potential for subdivision and brilliant location, this is an appealing offering.
If this sounds like the property for you, don't delay - contact Steve Hodge today on 0403 538 482 to book a private inspection.
Listing description written by Steve Hodge, Ray White Drouin — reproduced as published, not verified by Districts.
Victoria 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.