Spring Gully at a glance
3,085
People
$700,000
Median sale
$460/wk
Median rent
3.42%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
VIC › Spring Gully › Milton Ave
$775,000
Last sold
29 Nov 2023
4
Bedrooms
2
Bathrooms
2
Car spaces
1,508 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
$775,000
29 Nov 2023 · derived via latest_sale
Local land rate: recorded House sales in Spring Gully (last 5 years) with land size have a median of $874/m² of land (n=87). Districts calculation from recorded sales — not a valuation.
Spring Gully at a glance
3,085
People
$700,000
Median sale
$460/wk
Median rent
3.42%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
Vs Spring Gully
+10.7%
Median sale
Suburb $700,000
-0.33 pp
Gross yield
Suburb 3.42%
Suburb median $700,000 from 27 recorded sales (last 12 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 $460/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
UnknownArea
Spring Gully at a glance
3,085
People
$700,000
Median sale
$460/wk
Median rent
3.42%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Team Real EstateIdyllically located directly opposite a tranquil nature reserve, is this fabulous, elevated family home, set on a generous 1508m2 approx. allotment in the quiet and in demand area of Spring Gully.
This unique design will impress with plenty of space for the whole family. Boasting a grand lounge and living area with exposed beams, raked ceilings, a solid fuel heater and floor to ceiling windows that provide stunning views of the bushland opposite and lovely natural light into the whole room.
The downstairs area includes a rumpus or second living room with an additional bedroom or office, the options are endless.
The kitchen has been updated and offers plenty of space and storage with a large adjoining meals area there are glass French doors that provide light and outside access. The master bedroom is generously sized and includes a walk-in robe and ensuite, there are three additional bedrooms with built-in robes and services by a large central bathroom. The home also includes ducted heating, wood burning heater and ducted cooling for year-round comfort.
Relax on the balcony and listen to all the beautiful native birdlife from the reserve. The views are exceptional and offer a great space to just enjoy nature or unwind after a busy day. Outside the established drought resistant gardens offer a tranquil setting with loads of room to entertain or grow your own fruit and vegetables. The kind of back yard all kids dream of. Enjoy this treechange lifestyle with the benefit of being so close to all amenities offering privacy, space and nature in a sought-after location. An easy stroll to Spring Gully Primary School and just moments to walking tracks & sporting fields while Bendigo's CBD is under 7 minutes by car. The popular General Store is just 800m walk away for your weekend breakfasts, coffee breaks or lunches.
This home is completely unique and a one-of-a-kind opportunity, to buy this delightful family home and make it your own, Call Linda today on 0438 381 900.
Features Include:
- Situated opposite native bushland
- Large lounge and living area, featuring exposed beams, raked ceilings, solid fuel heater and floor to
ceiling windows.
- Downstairs rumpus or second living with adjoining storage space.
- Updated kitchen which features, stone benchtops, ample cupboard space and a large adjoining meals
area.
- Generous master bedroom with walk in robe and updated ensuite.
- 3 additional bedrooms, all with built in robes and large central bathroom.
- Ducted heating and refrigerated air conditioning.
- Balcony overlooking native bushland setting
- Double lockup garage.
-Walk to Goldfields track
- Cul de sac -no through traffic
- 1,509m2 block with bush block at rear.
*Every precaution has been taken to establish the accuracy of the above information but does not constitute any representation by the vendor or agent.*
A copy of the Due Diligence checklist can be found at https://www.consumer.vic.gov.au/duediligencechecklist
Listing description written by Linda Currie, Team Real Estate — reproduced as published, not verified by Districts.
Victoria 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.