Millgrove at a glance
1,658
People
$625,000
Median sale
$496/wk
Median rent
4.13%
Suburb gross yield
Median sale from 33 recorded sales (last 12 months) — a Districts calculation.
VIC › Millgrove › Christine St
$405,000
Last sold
19 Sept 2024
2
Bedrooms
1
Bathrooms
2
Car spaces
664 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
$405,000
19 Sept 2024 · derived via latest_sale
Local land rate: recorded House sales in Millgrove (last 5 years) with land size have a median of $810/m² of land (n=104). Districts calculation from recorded sales — not a valuation.
Millgrove at a glance
1,658
People
$625,000
Median sale
$496/wk
Median rent
4.13%
Suburb gross yield
Median sale from 33 recorded sales (last 12 months) — a Districts calculation.
Vs Millgrove
-35.2%
Median sale
Suburb $625,000
+2.24 pp
Gross yield
Suburb 4.13%
Suburb median $625,000 from 33 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 $496/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
Millgrove at a glance
1,658
People
$625,000
Median sale
$496/wk
Median rent
4.13%
Suburb gross yield
Median sale from 33 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Property Partners in Real EstateDiscover the charm and potential of this adorable weatherboard home nestled at the end of a quiet no-through road in the serene community of Millgrove. This much-loved home offers a perfect blend of rustic warmth and character which is an ideal template for first home buyers, downsizers and renovators alike seeking a peaceful Yarra Valley retreat.
The property offers:
• Spacious, well-appointed kitchen with S/S oven, ample storage and generous workspace that has the bones to be transformed with your own style and design.
• Cosy central living and dining area, features an ambient Coonara wood heater and split system, creating a warm and welcoming atmosphere designed for relaxation.
• Enjoy celebrations with friends and family out on the massive undercover entertaining area.
• Stylishly renovated bathroom has been fitted with contemporary fixtures and fittings, including walk-in shower.
• Boasting 2 good sized bedrooms, each offering built in robes. Fresh carpets and a coat of paint would completely lift these spaces.
• Outside offers easy access to the rear, fully fenced backyard with raised vegetable plots, 2 x garden sheds, plenty of under house storage, plus ample off-street parking on the sealed driveway.
The property is within walking distance to the 683-bus stop, Millwarra Primary School, Millgrove’s local market, scenic lookout, walking/cycling trails, and Millgrove Villlage Shops where you will find the Milk Bar, Bakery, Fish & Chip Shop and Ice Creamery. If it is quiet enjoyment you are after, the therapeutic Yarra River is only a stone’s throw away where you can undertake a spot of fishing. Delivering quiet living in a tranquil setting, it is time to get excited about transforming this cutie. Call Property Partners today to secure this opportunity.
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 Rebecca Halit, Property Partners in Real Estate — reproduced as published, not verified by Districts.