Coolaroo at a glance
3,241
People
$629,500
Median sale
$461/wk
Median rent
3.81%
Suburb gross yield
Median sale from 22 recorded sales (last 12 months) — a Districts calculation.
VIC › Coolaroo › Childers Cres
$490,000
Last sold
6 Apr 2023
2
Bedrooms
1
Bathrooms
2
Car spaces
593 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
$490,000
6 Apr 2023 · derived via latest_sale
Local land rate: recorded House sales in Coolaroo (last 5 years) with land size have a median of $982/m² of land (n=57). Districts calculation from recorded sales — not a valuation.
Coolaroo at a glance
3,241
People
$629,500
Median sale
$461/wk
Median rent
3.81%
Suburb gross yield
Median sale from 22 recorded sales (last 12 months) — a Districts calculation.
Vs Coolaroo
-22.2%
Median sale
Suburb $629,500
+1.08 pp
Gross yield
Suburb 3.81%
Suburb median $629,500 from 22 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 $461/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
Coolaroo at a glance
3,241
People
$629,500
Median sale
$461/wk
Median rent
3.81%
Suburb gross yield
Median sale from 22 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by YPA Gladstone ParkPositioned right between Progress Reserve with it's new playground to one side, and the Coolaroo Station 170m away on the other, and set about a 3 minute walk from Coolaroo South Primary School, this well-located family home is the perfect option for those starting out, and savvy investors looking for a brilliant option to grow to their portfolio.
Offering a spacious front lounge with dining space, the adjoining kitchen features upright cooking, lots of storage, and a tall breakfast bar. Two good size bedrooms are positioned alongside the palatial bathroom which features a step-up spa bath, double shower, and ample storage.
Outside is where the home really shines, with an extensive decked undercover area allowing space to entertain and play in all seasons, overlooking a good size backyard with a steel garage and storage shed to the rear. A long side driveway leads to a carport, and provides enough space to accommodate up to 4 cars, plus two additional off-street spaces in the front yard.
Set in a quiet and family friendly location, this affordable home is livable as-is, or you could add your own personal touch with a modern update. Set within close proximity to major shopping centres, eateries, medical facilities, and childcare services, it offers city commuters a run as quick as 30 minutes, as well as about 20 minutes to Melbourne Airport.
Listing description written by Michael Sassine, YPA Gladstone Park — 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.