California Gully at a glance
4,449
People
$599,000
Median sale
$444/wk
Median rent
3.85%
Suburb gross yield
Median sale from 43 recorded sales (last 12 months) — a Districts calculation.
VIC › California Gully › Eaglehawk Rd
$699,000–$765,000
For sale
Asking range
0
Bedrooms
1
Bathrooms
4
Car spaces
561 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
Asking
$699,000–$765,000
Asking range · $1,246/m² of land
No recorded sale for this property.
California Gully at a glance
4,449
People
$599,000
Median sale
$444/wk
Median rent
3.85%
Suburb gross yield
Median sale from 43 recorded sales (last 12 months) — a Districts calculation.
Vs California Gully
+16.7%
Median sale
Suburb $599,000
-0.55 pp
Gross yield
Suburb 3.85%
Suburb median $599,000 from 43 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Based on the low end of the asking range, not a contract price.
$42,450 on top of the price (6.1% extra)
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.
Based on the low end of the asking range, not a contract price.
Pre-filled with California Gully's advertised median rent — not a rent for this listing.
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.
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 $444/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.
Gross yield if leased at the suburb aggregate is 3.3%. 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
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
California Gully at a glance
4,449
People
$599,000
Median sale
$444/wk
Median rent
3.85%
Suburb gross yield
Median sale from 43 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Team Real EstatePositioned in an accessible location, this versatile commercial property presents an exceptional opportunity for investors, owner-occupiers, and business operators alike.
Currently leased to Sunergy until 31 July 2027, the property offers immediate rental income with the flexibility to retain the existing tenant or explore future commercial possibilities.
The substantial shopfront spans more than 100 square metres and features attractive pine-lined ceilings, an established service counter, a separate office, and split-system heating and cooling. Adding further character and functionality, the premises also has a unique cellar space.
Beyond the retail area, the property opens into a brick-paved courtyard, storeroom, and a versatile warehouse or manufacturing space complete with plumbing, power, and built-in storage. With more than 250 square metres of total floor area, the scope for a wide range of commercial uses is considerable.
The warehouse extends through to Esler Street and benefits from roller-door access, providing excellent logistics capability. A rear driveway offers ample space for truck access, maneuvering, and deliveries, making the property well suited to businesses requiring both customer-facing and operational areas.
Investors may choose to lease the entire premises or maximise returns by leasing the shopfront and warehouse separately, subject to requirements and approvals. For owner-operators, the possibilities are extensive, with potential uses ranging from retail and trade services to warehousing, manufacturing, creative industries, and hospitality ventures. Commercial properties remain largely unaffected by the recent Federal Government tax changes. Commercial properties continue to retain full negative gearing deductibility against other income and will not be subjected to the upcoming Capital Gains Tax (CGT) discount revisions, (please consult your tax advisor for professional tax advice in relation to these changes).
Located on a convenient service road for easy customer access and deliveries, this is a rare opportunity to secure a property offering space, flexibility, and significant future potential.
Summary
· Leased to Sunergy Solar & Batteries until 31 July 2027
· Shopfront of 100m²+ with office and split-system heating/cooling
· Total floor area exceeding 250m²
· Includes cellar, courtyard, storeroom, and warehouse.
· Warehouse with plumbing, power, built-in storage, and roller-door access
· Rear access via Esler Street with truck manoeuvring space
· Suitable for retail, warehousing, manufacturing, or hospitality (STCA)
· Opportunity for investors or business owners
· Excellent location with easy access via service road
For further information or to arrange an inspection, contact Linda Currie at Team Real Estate on 0438 381 900.
*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.