Wy Yung at a glance
2,244
People
$515,000
Median sale
$479/wk
Median rent
4.84%
Suburb gross yield
Median sale from 17 recorded sales (last 24 months) — a Districts calculation.
VIC › Wy Yung › Wy Yung Heights
$700,000
Last sold
15 June 2023
4
Bedrooms
2
Bathrooms
2
Car spaces
1,629 m²
Land
2,081.028 m²
Building
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
$700,000
15 June 2023 · derived via latest_sale
Local land rate: recorded House sales in Wy Yung (last 5 years) with land size have a median of $251/m² of land (n=28). Districts calculation from recorded sales — not a valuation.
Wy Yung at a glance
2,244
People
$515,000
Median sale
$479/wk
Median rent
4.84%
Suburb gross yield
Median sale from 17 recorded sales (last 24 months) — a Districts calculation.
Vs Wy Yung
+35.9%
Median sale
Suburb $515,000
-1.28 pp
Gross yield
Suburb 4.84%
Suburb median $515,000 from 17 recorded sales (last 24 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 $479/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
Wy Yung at a glance
2,244
People
$515,000
Median sale
$479/wk
Median rent
4.84%
Suburb gross yield
Median sale from 17 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by Ashwood & Associates Real EstateThis commanding wide-frontage home is privately sited at the end of a peaceful cul-de-sac on a huge 1,634sqm of premium land and features a long list of upgrades throughout starting from the front door all the way through to the outdoor room. The kitchen features thick stone benchtops with a waterfall end, soft close everything and plenty of storage with the addition of a butler’s pantry. The bathrooms boast premium upgrades to all fixtures, extra tiling, wall-hung vanities with stone tops and walk-in shower to the ensuite. Lighting was meticulously planned with downlights, external lights and remote DC ceiling fans throughout.
The 225sqm (24sq) home features a moody palette with a bright, open view from front to back and a 4th bedroom/home office close to the entry door with plenty of scope to create a circular driveway and parking options for a home based business.
Space has been created for vehicle access to the rear where additional shedding or recreation features can be developed to really make this property special and one to hold on to.
Located centrally in ever popular Wy Yung where kids can play in the court bowl or at the Apex park at the end of the street, walk to Gippsland Grammar or take a ride down to Eastwood Village Shopping Centre. The local bakery and famous Wy Yung Pub are also just around the corner and Bairnsdale CBD is a scenic 30 minute stroll away via the river trails to any one of the cafes or shops offering quality produce the region is fast becoming famous for, not to mention the expansive Gippsland Lakes and river system at your doorstep.
Don’t miss this opportunity with build costs and delays still on the rise and land of this size in quality established neighbourhoods becoming harder to come by
Property Code: 161
Listing description written by Kim Ashwood, Ashwood & Associates Real Estate — reproduced as published, not verified by Districts.
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