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VIC › Yarragon › Spencer Ct

3 Spencer Ct, Yarragon VIC 3823

House

3

Bedrooms

2

Bathrooms

2

Car spaces

727 m²

Land

162 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • CalculationLand 727 m² against a 162 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Yarragon (last 5 years) with land size: median $792/m² of land (n=46). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

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

No recorded sale price for this property yet.

Local land rate: recorded House sales in Yarragon (last 5 years) with land size have a median of $792/m² of land (n=46). Districts calculation from recorded sales — not a valuation.

Yarragon at a glance

2,065

People

$629,500

Median sale

$490/wk

Median rent

4.05%

Suburb gross yield

Median sale from 10 recorded sales (last 12 months) — a Districts calculation.

See the full Yarragon report →

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. Soldprice unknown27 Nov 2023
  2. Listedprice unknowncompleted4 Oct 2023

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 $490/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

Yarragon in one glance

Yarragon at a glance

2,065

People

$629,500

Median sale

$490/wk

Median rent

4.05%

Suburb gross yield

Median sale from 10 recorded sales (last 12 months) — a Districts calculation.

See the full Yarragon report →

Keep researching

  • Why Yarragon? Read the area thesis →
  • What else is on the market in Yarragon →
  • Other records on Spencer Ct →

Listing material

Listed by Ray White Yarragon

Charming Brick Home In The Heart Of Yarragon

Nestled in the heart of the vibrant town of Yarragon, this charming brick home is a testament to comfortable family living with its three bedrooms and two bathrooms. It enjoys a prime location, only a 1-minute drive or a leisurely 5-minute walk from the bustling town centre, where you can find all the amenities, shops, and cafes that give Yarragon its unique charm.

Inside, the property boasts a spacious and inviting master bedroom complete with its ensuite and good size walk-in robe.

The heart of this residence is the open plan kitchen and living area facing North. It's a welcoming space that's ideal for entertaining guests and loved ones. A seperate living space overlooking the spacious rear yard. Off the kitchen is a seperate dining room. The front living area adds additional living space. Sliding glass doors seamlessly connect the indoors to a patio area, allowing for a natural flow of light and air and making outdoor living an integral part of the experience.

Read the full description

Additionally, the property offers more living versatility with a formal dining area and two extra living spaces. This flexibility ensures there's room for various activities and lifestyles.

With a generous 727 m² block, this property features a spacious backyard that invites outdoor enjoyment and gardening adventures. For your storage needs, there's no shortage of space with a double garage and a garden shed in the backyard, providing practical solutions for all your storage requirements.

3 Spencer Court, Yarragon, not only offers comfortable living but also a lifestyle enriched by the vibrant Yarragon community. Whether you seek relaxation, entertainment, or a connection to the local culture, this home provides the ideal foundation for your aspirations.

Don't miss the chance to make this property your own – contact us today to schedule a viewing and immerse yourself in the charm of this Yarragon gem.

Listing description written by Jackie Shearer, Ray White Yarragon — reproduced as published, not verified by Districts.

Property features

  • Living Areas: 3
  • Toilets: 2
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.