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VIC › Hillside › Sharpe St

3 Sharpe St, Hillside VIC 3037

For saleHouse

$650,000–$700,000

For sale

Asking range

3

Bedrooms

1

Bathrooms

1

Car spaces

452 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $650,000–$700,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $650,000–$700,000(Listing record · 24 Aug 2026)
  • FactLand 452 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Hillside (last 5 years) with land size: median $1,400/m² of land (n=113). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 24% below the Hillside median recorded sale ($860,000, n=125, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Hillside's advertised median rent ($504/wk), implied gross yield would be 4.03% — this is not a rent for this listing.(Districts scenario calculation)

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

The ask against the evidence

Asking

$650,000–$700,000

Asking range · $1,438/m² of land

No recorded sale for this property.

Local land rate: recorded House sales in Hillside (last 5 years) with land size have a median of $1,400/m² of land (n=113). Districts calculation from recorded sales — not a valuation.

Hillside at a glance

17,335

People

$860,000

Median sale

$504/wk

Median rent

3.05%

Suburb gross yield

Median sale from 125 recorded sales (last 12 months) — a Districts calculation.

See the full Hillside report →

Vs Hillside

-24.4%

Median sale

Suburb $860,000

+0.98 pp

Gross yield

Suburb 3.05%

Suburb median $860,000 from 125 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$650,000
Stamp Duty (Victoria)
$34,070
Transfer/Registration Fee
$1,625
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$689,395

$39,395 on top of the price (6.1% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Hillside's advertised median rent — not a rent for this listing.

Net yield
2.53%
Annual cashflow (pre-tax)
$-17,342
Interest cover (DSCR)
0.49
Annual rent
$26,208
Operating expenses
$9,750
Loan amount
$520,000
Annual interest
$33,800
Gross yield
4.03%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

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. Listed$650,000–$700,000available24 Aug 2026

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 $504/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

Gross yield if leased at the suburb aggregate is 4.0%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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

Hillside in one glance

Hillside at a glance

17,335

People

$860,000

Median sale

$504/wk

Median rent

3.05%

Suburb gross yield

Median sale from 125 recorded sales (last 12 months) — a Districts calculation.

See the full Hillside report →

Keep researching

  • Why Hillside? Read the area thesis →
  • What else is on the market in Hillside →
  • Other records on Sharpe St →

Listing material

Listed by RDM Real Estate

Modern Comfort with Space to Live, Gather and Grow

Warm, welcoming and designed around everyday family life, this three-bedroom Hillside home offers the kind of space that makes it easy to settle in and feel at home. From the generous open living areas and beautifully refreshed kitchen to the expansive backyard and covered entertaining deck, there is a wonderful sense of connection throughout, with plenty of room to come together, unwind and enjoy life both indoors and out.

Stepping inside, the entry introduces a bright and inviting living space where the open layout immediately creates a relaxed sense of room to move. The adjoining dining area flows naturally alongside, bringing everyday living and mealtimes together while providing a direct connection to the outdoor deck. A split-system adds year-round comfort, while warm flooring contributes to the welcoming feel throughout the space.

The updated kitchen is a standout, combining crisp white cabinetry with generous bench space, a gas cooktop, oven and dishwasher. Extensive floor-to-ceiling cabinetry provides an abundance of pantry and storage space, while the long breakfast bench opens the kitchen to the surrounding living areas and makes it easy to stay connected whether preparing dinner, sharing a morning coffee or entertaining friends.

Read the full description

Set together toward the front of the home, the bedroom wing creates a comfortable separation from the main living spaces. The main bedroom features a walk-in robe, while the remaining two bedrooms each include built-in robes. All three are serviced by the central bathroom with separate shower and bathtub, complemented by a separate toilet nearby.

A full-sized laundry sits conveniently between the bedroom wing and kitchen and provides direct access outside.

The outdoor space is where this home really comes into its own. Opening from the dining area, the covered deck provides a generous setting for weekend barbecues, family gatherings or simply relaxing outside, with built-in bench seating adding to its appeal. Beyond, a substantial lawn gives children and pets plenty of space to enjoy, while the single garage offers drive-through access to a concrete driveway extending all the way into the rear yard, adding valuable flexibility for additional vehicles, trailers or everyday use.

Additional features include a recently upgraded ducted heating system, infinity gas hot water, NBN Fibre to the Premises (FTTP) and a garden shed.

Adding to the lifestyle appeal is a convenient Hillside location with easy access to Watergardens Town Centre and CS Square, along with a variety of nearby public and private schools and Calder Freeway access, bringing everyday essentials and connections within easy reach while completing a home with warmth, space and an easy indoor-outdoor lifestyle.

All information provided has been gathered from sources we believe to be reliable; however, we cannot guarantee its accuracy and accept no liability for any errors or omissions. Interested parties should make their own enquiries and seek independent advice. Please visit https://shorturl.at/KuhJW for the CAV Due Diligence Checklist.

In line with new Anti-Money Laundering laws, the successful purchaser will be required to complete an identity check as part of the purchase process.

Listing description written by Ray Mirza, RDM Real Estate — reproduced as published, not verified by Districts.

Property features

  • Broadband
  • Built-in Robes
  • Deck
  • Dishwasher
  • Ducted Heating
  • Floorboards
  • Outdoor Entertaining
  • Shed
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.