Mount Helen at a glance
3,163
People
$742,500
Median sale
$424/wk
Median rent
2.97%
Suburb gross yield
Median sale from 39 recorded sales (last 12 months) — a Districts calculation.
VIC › Mount Helen › Eddy Ave
$825,000
Last sold
24 June 2022
4
Bedrooms
1
Bathrooms
2
Car spaces
1,493 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
$825,000
24 June 2022 · derived via latest_sale
Local land rate: recorded House sales in Mount Helen (last 5 years) with land size have a median of $671/m² of land (n=110). Districts calculation from recorded sales — not a valuation.
Mount Helen at a glance
3,163
People
$742,500
Median sale
$424/wk
Median rent
2.97%
Suburb gross yield
Median sale from 39 recorded sales (last 12 months) — a Districts calculation.
Vs Mount Helen
+11.1%
Median sale
Suburb $742,500
-0.30 pp
Gross yield
Suburb 2.97%
Suburb median $742,500 from 39 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 $424/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
Mount Helen at a glance
3,163
People
$742,500
Median sale
$424/wk
Median rent
2.97%
Suburb gross yield
Median sale from 39 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Buxton BallaratThis family home offers more than initially meets the eye. Renovated with some striking architectural features this home will leave a lasing first impression.
The home itself comprises 4 bedrooms and 2/3 separate living areas and an updated bathroom with separate toilet.
The large living room is warm and inviting and boasts a wood fired combustion heater which complements the central ducted heating throughout the whole home. There is also evaporative air conditioning for cooling ensuring comfort all year round.
The open plan kitchen and meals area is modern, spacious and bathed in natural light. It incorporates 900ml stainless steel appliances, stone benchtops and beautiful hardwood flooring. From the double doors you can access the elevated outdoor alfresco balcony. Sitting on this secluded balcony overlooking the gumtrees, you could be forgiven if you forget there are any neighbours at all.
Below the main living space, you will find an amazing space that has been masterfully converted into a home office and studio space. There is a separate entrance and would be perfect for anyone wanting to run a home business or simply for use as another living space or teenage retreat.
The grounds are extensive, set on a massive allotment of 1493m2 approximately. There is a cubby house for the kids, and a world for them to explore with access through the back fence to the nature reserve behind the home.
This stunning home is located in the popular, family orientated, area of Mount Helen and perfectly positioned close to playgrounds, shops, cafes, Federation University and the technology park (IBM, SRO and other businesses).
Mount helen is situated just a 15-minute drive to Ballarat’s CBD.
This unique property set amongst a beautiful bushland surround and is a rare find. It will be sure to attract a lot of attention from several buyer groups.
Please contact Nick Quinlan for your inspection today.
Listing description written by Nick Quinlan, Buxton Ballarat — reproduced as published, not verified by Districts.