Park Orchards at a glance
4,220
People
No data
Median sale
$626/wk
Median rent
No data
Suburb gross yield
VIC › Park Orchards › Rainbow Valley Rd
$2,390,000
Last sold
20 Oct 2023
4
Bedrooms
2
Bathrooms
3
Car spaces
4,001 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
$2,390,000
20 Oct 2023 · derived via latest_sale
Local land rate: recorded House sales in Park Orchards (last 5 years) with land size have a median of $507/m² of land (n=10). Districts calculation from recorded sales — not a valuation.
Park Orchards at a glance
4,220
People
No data
Median sale
$626/wk
Median rent
No data
Suburb gross yield
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 $626/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
Park Orchards at a glance
4,220
People
No data
Median sale
$626/wk
Median rent
No data
Suburb gross yield
Listing material
Listed by Regent Estate AgentsWith a stunning amount of space on a 4001 sqm (approx.) scenic block, and immaculately renovated over the most thoughtful of single levels, this 4 bedroom + study, 2 bathroom residence is the family home of your dreams amidst a tranquil Park Orchards setting.
High angled ceilings and a brick feature wall with a wood fireplace are the defining features of the formal lounge and dining zone, with the brick wall giving separation to both rooms. A spacious and bright office is your ultimate work from home space, and has direct access to the extra-large double garage which also gives you plenty of storage space.
A generous sunken family room with wet bar and wine storage, plus a dedicated casual meals area, make up the impressive central living zone, which also includes the mesmerising kitchen showcasing 900mm Smeg oven and cooktop plus a double Schock sink, elegant stone, and amazing soft-close storage. The master bedroom is bathed in natural light and offers breathtaking tree top views, as well as walk-in robe storage and a stylishly renovated ensuite with twin vanity, rain shower, and a share of the magnificent views.
The family bathroom promises a freestanding bath and floor-to-ceiling tiling, and is easily accessed by the other 3 bedroom with BIRs. Outside is just as appealing as inside, with an enormous covered entertainer's deck with ceiling fans offering memorable views and a place to have weekend dinners with friends and family, while gorgeous landscaped gardens and a large solar heated pool cap off the outdoor delights.
Other property features include a generous laundry, ducted heating, evaporative cooling, timber-look tiling, quality carpet, secure alarm, automatic blinds throughout, bird house in the garden, and added carport parking. There is additional space at the front for a large trailer or boat, while an enormous shed at the back could also fit a boat or be used as a huge workshop. The space this home offers everywhere is memorable, and is an aspect you'll love about this property!
Moments to Whitefriars College, Donvale Christian College, Park Orchards Primary School, Norwood Secondary College, local shops including Park Orchards Market, Eastland Shopping Centre, The Pines Shopping Centre, 100 Acres Flora and Fauna Reserve, Mullum Mullum Trail, buses, and Eastlink.
Listing description written by Sunny Gill, Regent Estate Agents — reproduced as published, not verified by Districts.