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VIC › Skye › Ballarto Rd

294B Ballarto Rd, Skye VIC 3977

House

$430,000

Last sold

31 Dec 2020

3

Bedrooms

1

Bathrooms

2

Car spaces

288 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $430,000 (31 Dec 2020).(Recorded sale)
  • FactLand 288 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Skye (last 5 years) with land size: median $1,338/m² of land (n=44). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$430,000

31 Dec 2020 · derived via latest_sale

Local land rate: recorded House sales in Skye (last 5 years) with land size have a median of $1,338/m² of land (n=44). Districts calculation from recorded sales — not a valuation.

Skye at a glance

8,329

People

$855,000

Median sale

$672/wk

Median rent

4.09%

Suburb gross yield

Median sale from 39 recorded sales (last 12 months) — a Districts calculation.

See the full Skye report →

Vs Skye

-49.7%

Median sale

Suburb $855,000

+4.04 pp

Gross yield

Suburb 4.09%

Suburb median $855,000 from 39 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$430,00031 Dec 2020
  2. Listedprice unknowncompleted3 Nov 2020

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $672/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Skye in one glance

Skye at a glance

8,329

People

$855,000

Median sale

$672/wk

Median rent

4.09%

Suburb gross yield

Median sale from 39 recorded sales (last 12 months) — a Districts calculation.

See the full Skye report →

Keep researching

  • Why Skye? Read the area thesis →
  • What else is on the market in Skye →
  • Other records on Ballarto Rd →

Listing material

Listed by Ash Marton Realty

FRESHLY UPDATED IN THE HEART OF SKYE

FRESHLY UPDATED IN THE HEART OF SKYE

This home has been freshly updated and modernised throughout and will appeal to purchasers' seeking a low maintenance, neat and tidy investment or home.

The property is located near to all major amenities including schools, recreational facilities, shops, parks and public transport infrastructure.

Read the full description

Offering:

* A well appointed kitchen is positioned at the centre of the home and offers 600mm gas cooktop, ample cupboard and bench space as well as a large preparation area extending to a breakfast bar

* A large designated dining area extends from the kitchen

* A light filled lounge area is a good size and features an ambient Coonara style wood fire

* Three bedrooms, each with a built in robe

* A central family bathroom services these two bedrooms. The bathroom features a separate shower, separate bath-tub and a single vanity

* A separate toilet and a separate laundry add to the functional appeal of the property

* A covered alfresco space extends from the rear of the home and overlooks a low maintenance, fully fenced grassed yard

* Single carport with ample off street parking space for a second vehicle

Additional features include:

* Split system heating and cooling

* Electric heating

* Low maintenance allotment

* Freshly modernised throughout

Whether you live locally or commute to Melbourne via the nearby Peninsula Link, this home offers a lifestyle of convenience and comfort.

Skye is one of Melbourne's fastest growing and most desirable locations for many reasons, prospective purchasers are seeing enormous value in the lifestyle elements that Skye offers!

**PLEASE CONTACT THE AGENT TO ARRANGE A PRIVATE INSPECTION FOR THIS PROPERTY**

Did you know you can DOWNLOAD THE SECTION 32 and MAKE AN OFFER via the ASH MARTON WEBSITE - ashmarton.com.au

*Important update regarding COVID 19:

Your health and safety is a priority. Ash Marton Realty will be extremely attentive in adhering to the advice and instruction of the relevant health authorities at this time.*

Listing description written by Leon Zuidema, Ash Marton Realty — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Living Areas: 1
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.