Selby at a glance
1,603
People
$840,000
Median sale
$628/wk
Median rent
3.89%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
$1,080,000
Last sold
17 May 2021
3
Bedrooms
1
Bathrooms
2
Car spaces
10,200 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
$1,080,000
17 May 2021 · derived via latest_sale
Local land rate: recorded House sales in Selby (last 5 years) with land size have a median of $425/m² of land (n=71). Districts calculation from recorded sales — not a valuation.
Selby at a glance
1,603
People
$840,000
Median sale
$628/wk
Median rent
3.89%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Vs Selby
+28.6%
Median sale
Suburb $840,000
-0.87 pp
Gross yield
Suburb 3.89%
Suburb median $840,000 from 17 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 $628/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
Selby at a glance
1,603
People
$840,000
Median sale
$628/wk
Median rent
3.89%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Bell Real Estate OlindaMake everyday a getaway with this charm-filled family haven on 2.5 glorious acres with feature Bessa brick façade and a fabulous extension that adds the rustic allure of exposed beams, raked ceilings and earthy timber accents to the homely layout. Introduced by a coveted horseshoe driveway and well positioned behind established trees for peace and privacy, the cosy layout of the home is complemented by cleared lush lawn that flows down to treed acreage where kids can choose their own adventures and you can even camp among your own private hideaway accompanied by the sweet melody of birdsong. After 30 years of loving their property, the current owners now want to give someone else the same opportunity to enjoy their slice of Selby serenity.
You Will Love:
• The big communal kitchen overlooking a meals area with garden outlook. Updated 10 years ago and featuring the luxury of a 900mm stainless steel Smeg cooktop – this truly is the heart of the home.
• The well-sized family room for conversation and connection where family will congregate for their downtime.
• Each spacious bedroom is in its own zone affording peace and privacy and abundant natural light. The family bathroom has been updated over the years and has a distinct touch of rustic allure.
• The master positioned off the living room with grand double door entry. Easily convert this to a living space depending on your lifestyle needs.
• Working from home in the custom designed home office. NBN is connected!
• The magnificent pitched-roof alfresco zone where you can show off your stunning natural landscape to friends over summer BBQs or enjoy the peace and quiet all to yourself over a morning brew.
• The wildlife sanctuary feel with King parrots, kookaburras, echidnas, kangaroos and wombats all regular visitors.
• Toasting marshmallows and telling stories around the firepit.
• A big two car garage with storage and ample parking for multiple cars, caravans, boats and trailers in the horseshoe driveway.
• How you can drive all the way through to the rear treed acreage. Bring the 4WD!
• Extras such as two water tanks, a vegetable garden, cubby house for the kids, Colorbond roof, ducted heating, air-conditioning and fans.
Located close to the communities of Selby, Belgrave South and Belgrave Heights, you have the allure of picturesque reserves, walking tracks, local schools, sporting clubs and amenities whilst still being just a 5-minute drive from bustling Belgrave and its station, supermarkets and the famous Cameo Cinema.
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 Corinne Sukroo, Bell Real Estate Olinda — 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.