Chiltern at a glance
1,616
People
$547,500
Median sale
$445/wk
Median rent
4.23%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
VIC › Chiltern › Conness St
$430,000
Last sold
15 Dec 2016
2
Bedrooms
2
Bathrooms
1
Car spaces
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
$430,000
15 Dec 2016 · derived via latest_sale
Chiltern at a glance
1,616
People
$547,500
Median sale
$445/wk
Median rent
4.23%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
Vs Chiltern
-21.5%
Median sale
Suburb $547,500
+1.15 pp
Gross yield
Suburb 4.23%
Suburb median $547,500 from 16 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 $445/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
Chiltern at a glance
1,616
People
$547,500
Median sale
$445/wk
Median rent
4.23%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Indigo Real EstateDating to Circa 1879 Chiltern's imposing and majestic former Bank of Australasia freehold occupies approx. 1190sqm. on prime street frontage.
The main residence retains many of its original architectural and styling features and is currently configured to include a self-contained accommodation wing complete lounge, ensuite and bedroom. The main residence includes a Queen-size bedroom, lounge room with open fire place, bathroom, central kitchen with a six burner gas cooker / oven, stainless steel work tops and dishwasher.
The original banking chamber is now a formal dining room and old vault (door removed) is the kitchen pantry. There are 2 bathrooms including good storage. There is also a spacious laundry with additional cooking facilities if required.
Outside there is an extensively lush and established garden oasis courtyard and outside deck plus a single garage which has access from the rear garden via Green Lane.
This property offers a great opportunity to secure a substantial central property and to either enjoy the existing residence or to potentially create a fine dining restaurant, wedding venue, business premises or other enterprise
The rear vacant allotment of approx. 1145sqm. is also available by negotiation with further scope for expansion or development (STCA)
History of Chiltern's former Bank of Australasia - The former Chiltern branch of the Bank of Australasia was built c.1879 and designed by Anketell Henderson of the prolific Melbourne architects, Reed and Barnes and constructed on land sold by the Crown in 1861.
The former Bank of Australasia comprises a banking chamber and an attached residence. The single-storey brick building is designed in a conservative classical style with a three-bay facade articulated by a trabeated system of Tuscan pilasters and entablature. The latter contains the original Bank of Australasia sign. Three round-headed openings with prominent keystones are contained within the bays, with the entrance located at one end. A colonnaded parapet with decorative urns originally sat at the top of the facade. The Chiltern branch of the Bank of Australasia ceased operating in 1943 and the building was sold.The branch at Chiltern is a simple example of their conservative classical style.
For more information or to arrange an inspection contact Jamie Horne on 0438 280 867
Listing description written by Jamie Horne, Indigo Real Estate — 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.