Narre Warren North at a glance
8,074
People
$1,550,000
Median sale
$571/wk
Median rent
1.92%
Suburb gross yield
Median sale from 34 recorded sales (last 12 months) — a Districts calculation.
VIC › Narre Warren North › Kostic Blvd
$2,400,000
Last sold
11 Feb 2022
6
Bedrooms
4
Bathrooms
4
Car spaces
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
$2,400,000
11 Feb 2022 · derived via latest_sale
Narre Warren North at a glance
8,074
People
$1,550,000
Median sale
$571/wk
Median rent
1.92%
Suburb gross yield
Median sale from 34 recorded sales (last 12 months) — a Districts calculation.
Vs Narre Warren North
+54.8%
Median sale
Suburb $1,550,000
-0.68 pp
Gross yield
Suburb 1.92%
Suburb median $1,550,000 from 34 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 $571/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
Narre Warren North at a glance
8,074
People
$1,550,000
Median sale
$571/wk
Median rent
1.92%
Suburb gross yield
Median sale from 34 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by OBrien Real Estate CheltenhamIndulge in luxurious living with this exceptional entertainer, set on an impressively sized allotment of just over 2000 square metres. The level of thought and detail that has gone into the distinctive design, no-expense build, and first-class fit-out is truly outstanding, while the selection of grandly scaled living zones makes it the perfect residence for every phase and stage of a growing family.
Flowing fluidly from the entrance foyer, the layout offers an executive home office, huge family and dining room, rumpus room, and a 'Gold-Class' home theater for binge-watching and popcorn.
A dream for those with a passion for cooking, the culinary kitchen is appointed with an oversized central island bench, Siemens and Wolf appliances, stone benchtops, two x electric ovens (including one steam oven), warming drawer, teppanyaki grill, BBQ grill, 900mm induction cooktop, dishwasher, integrated Miele fridge and freezer, glass splashbacks, built in butler's pantry, soft closing drawers and cupboards, and a Zip Hydro tap with boiling, chilled and sparkling water on tap.
The main bedroom with a walk-in robe and ensuite bathroom is set well apart from the kids' zone, comprising of four more bedrooms with walk-in robes, and two bathrooms.
Alfresco wow-factor is achieved with a patio overlooking the azure-blue, gas-heated pool and spa. Adding to the outdoor appeal is a landscaped low-maintenance backyard and pool-side cabana with kitchen and bathroom. Just picture the parties that you will be hosting here.
The home also features a powder room, laundry, two x double remote-controlled garages, a high-clearance garage for boats or caravans, two industrial Daikin refrigerated air conditioning and ducted heating units (fully zoned), central vacuuming, fully insulated walls and ceilings, over-sized solar system, Sonos wireless home sound system throughout including pool house, electric remote curtains and drapes to living areas, theatre and alfresco area, quality flooring, double glazed windows, alarm system, and CCTV.
Completing the flawless picture of this sophisticated showcase is the location, which is at the end of a quiet cul-de-sac, and close to Narre Warren North Primary School, Mary MacKillop Primary School, Fountain Gate Secondary College, Narre Warren Station, bus stops, Narre Warren North Village Centre, Westfield Fountain Gate, beautiful parks and walking trails, and Monash Freeway.
There's nothing left to do but simply move in and start creating
Listing description written by Lee Qiang, OBrien Real Estate Cheltenham — reproduced as published, not verified by Districts.
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