Millgrove at a glance
1,658
People
$626,750
Median sale
$496/wk
Median rent
4.12%
Suburb gross yield
Median sale from 32 recorded sales (last 12 months) — a Districts calculation.
VIC › Millgrove › Christine St
$680,000
Last sold
23 Sept 2024
3
Bedrooms
1
Bathrooms
3
Car spaces
688 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
$680,000
23 Sept 2024 · derived via latest_sale
Local land rate: recorded House sales in Millgrove (last 5 years) with land size have a median of $807/m² of land (n=104). Districts calculation from recorded sales — not a valuation.
Millgrove at a glance
1,658
People
$626,750
Median sale
$496/wk
Median rent
4.12%
Suburb gross yield
Median sale from 32 recorded sales (last 12 months) — a Districts calculation.
Vs Millgrove
+8.5%
Median sale
Suburb $626,750
-0.33 pp
Gross yield
Suburb 4.12%
Suburb median $626,750 from 32 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 $496/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
Millgrove at a glance
1,658
People
$626,750
Median sale
$496/wk
Median rent
4.12%
Suburb gross yield
Median sale from 32 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Property Partners in Real EstateSet to be a crowd pleaser, this charming home has been beautifully renovated allowing for an exciting opportunity to secure an immaculate first home where you have nothing more to do other than moving straight in. Lovingly cared for and enjoyed by the current family owners, the property is full to the brim with impressive features that are sure to get your pulses racing.
• A formal lounge greets you, instantly making you feel at home with the warmth of the free-standing wood heater, dazzling mountain views and magical sunsets.
• Three generously scaled bedrooms are adorned with new, plush carpets and mirrored built-in robes.
• Main bathroom has been sumptuously styled with contemporary fixtures and fittings including a walk-in shower and a divine freestanding bath.
• Sleek kitchen is well-appointed with modern appliances, dishwasher, crisp white cabinetry and an outlook to the private and secure backyard so you can keep a watchful eye on the little ones or pets.
• Natural light filters into the dining area that has sliding bi-fold doors providing a seamless connection to the covered outdoor area – perfect for celebrations with family in friends during the warmer months
• Outside offers a sealed driveway with off-street parking, woodshed, storage room, and home office/gym.
• Further complimenting the home is a European style laundry, reverse cycle split system, diversion fan dropping the warmth from the wood heater into the bedrooms, brand new engineered timber flooring, ceiling fans, and downlights throughout.
Situated on a whisper quiet no through road nestled amongst a fabulous family friendly community, you will appreciate the proximity to the marvellous Yarra River, renovated playground at the McKenzie King Reserve, O'Shannassy Aqueduct and Rail Trail, Millwarra Primary School and Millgrove Village Shops. Time is of the essence to secure your dream first home, so don't delay! Call Property Partners today.
Please note: All property details shown are correct at time of publishing. Some properties may have been sold in the preceding 24 hours and we recommend that you confirm open for inspection times with the listing agent direct or the listing office.
Listing description written by Paul Marra, Property Partners in Real Estate — reproduced as published, not verified by Districts.
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