South Morang at a glance
26,373
People
$709,750
Median sale
$551/wk
Median rent
4.04%
Suburb gross yield
Median sale from 10 recorded sales (last 24 months) — a Districts calculation.
VIC › South Morang › Diamonde Rise
$858,000
Last sold
18 Aug 2018
4
Bedrooms
3
Bathrooms
3
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
$858,000
18 Aug 2018 · derived via latest_sale
South Morang at a glance
26,373
People
$709,750
Median sale
$551/wk
Median rent
4.04%
Suburb gross yield
Median sale from 10 recorded sales (last 24 months) — a Districts calculation.
Vs South Morang
+20.9%
Median sale
Suburb $709,750
-0.70 pp
Gross yield
Suburb 4.04%
Suburb median $709,750 from 10 recorded sales (last 24 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 $551/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
South Morang at a glance
26,373
People
$709,750
Median sale
$551/wk
Median rent
4.04%
Suburb gross yield
Median sale from 10 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by Harcourts Rata & Co RentalsSuperbly crafted, this showpiece residence on 797sqm is set in a convenient, cosmopolitan locale. Sure to hit the mark, this executive home offers 4 first-floor carpeted bedrooms with built-in-robes; master wing with his & her walk-in-robes and fully tiled ensuite with separate shower, spa tub, dual vanities and WC. A second bathroom with shower, bath and adjacent WC caters to family and guests as well as an additional powder room with shower to the downstairs, next to the laundry.
Combining formal and casual living, a separate upstairs living zone represents an ideal retreat or sitting room; while a further three ground-floor living zones, including lounge, rumpus room and dining rooms deliver versatile options. Downstairs, a dynamic gourmet kitchen boasts custom timber cabinetry, dishwasher, gas stove and electric wall oven, double fridge alcove and breakfast bar overlooking meals area. A large study offers space enough for a home office or 5th bedroom.
A triple garage with incredible storage and internal access via laundry with double trough and built-in linen cupboard also offers thru-access to a secure backyard with sparkling in-ground swimming pool and stunning undercover outdoor entertainment area.
Refined touches include columned formal entrance hall, timber staircase, premium-blend wool carpets and tiled floors, ducted heating, evaporative cooling and gas hot water service. Moments from the heart of South Morang and within close proximity of leading schools and public transport, this blue-ribbon property is guaranteed to generate strong interest! Call now to arrange an inspection!
Photo ID Required Upon Inspection
Please come and see me at one of our offices below to discuss your real estate needs.
510 Plenty Road Mill Park
219 High Street Thomastown
767 High Street Epping
952-954 High Street Reservoir
http://rata.harcourts.com.au/Home/statement-of-information
Due diligence checklist - for home and residential property buyers - http://www.consumer.vic.gov.au/duediligencechecklist.
This document has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies.
Accordingly all interested parties should make their own enquiries to verify the information.
Listing description written by Arthur Dislakis, Harcourts Rata & Co Rentals — reproduced as published, not verified by Districts.