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VIC › Maldon › Parkins Reef Rd

34 Parkins Reef Rd, Maldon VIC 3463

For saleHouse for Sale

$650,000

For sale

Asking

3

Bedrooms

1

Bathrooms

1

Car spaces

1,000 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $650,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $650,000(Listing record · 17 Aug 2026)
  • FactLand 1,000 m²; no building size recorded.(Property record)
  • CalculationAsk is 11% below the Maldon median recorded sale ($730,000, n=23, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Maldon's advertised median rent ($441/wk), implied gross yield would be 3.53% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$650,000

Asking · $650/m² of land

No recorded sale for this property.

Maldon at a glance

1,656

People

$730,000

Median sale

$441/wk

Median rent

3.14%

Suburb gross yield

Median sale from 23 recorded sales (last 12 months) — a Districts calculation.

See the full Maldon report →

Vs Maldon

-11.0%

Median sale

Suburb $730,000

+0.39 pp

Gross yield

Suburb 3.14%

Suburb median $730,000 from 23 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$650,000
Stamp Duty (Victoria)
$34,070
Transfer/Registration Fee
$1,625
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$689,395

$39,395 on top of the price (6.1% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Maldon's advertised median rent — not a rent for this listing.

Net yield
2.03%
Annual cashflow (pre-tax)
$-20,618
Interest cover (DSCR)
0.39
Annual rent
$22,932
Operating expenses
$9,750
Loan amount
$520,000
Annual interest
$33,800
Gross yield
3.53%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$650,000available17 Aug 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $441/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 3.5%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Maldon in one glance

Maldon at a glance

1,656

People

$730,000

Median sale

$441/wk

Median rent

3.14%

Suburb gross yield

Median sale from 23 recorded sales (last 12 months) — a Districts calculation.

See the full Maldon report →

Keep researching

  • Why Maldon? Read the area thesis →
  • What else is on the market in Maldon →
  • Other records on Parkins Reef Rd →

Listing material

Listed by Castlemaine Property Group

Country charm and Maldon convenience

Embrace a relaxed semi-rural lifestyle in this beautifully presented cottage-style home, set on approximately 1,000m² with established gardens, a productive vegetable garden, useful shedding and a peaceful outlook towards the surrounding hills. Just 1.2km from the historic township of Maldon, this delightful property offers the perfect balance of country atmosphere and everyday convenience.

Inside, the home is light-filled and welcoming, with an impressive cathedral ceiling and exposed timber beam creating a wonderful sense of space and character. The open-plan living and dining area provides a comfortable central hub, flowing through to a practical, well-appointed kitchen with excellent storage, generous bench space and a lovely outlook over the gardens.

Three bedrooms provide flexibility for families, guests or those working from home, with built-in robes to two bedrooms. The versatile third bedroom is ideally suited as a home office or additional bedroom. The bathroom offers a bath, separate shower and vanity, complemented by a separate toilet and convenient laundry.

Read the full description

Year-round comfort is assured with split-system heating and cooling, while the return verandah provides the perfect spot to enjoy a morning coffee, entertain or simply relax and take in the peaceful surrounds.

Outside, the established gardens and productive vegetable beds create a wonderful country lifestyle for keen gardeners. Two storage sheds offer excellent additional space for tools, equipment and hobbies, while sealed road frontage and mains power, water and sewerage provide everyday convenience.

Currently leased, the property also presents an attractive investment opportunity with rental income already in place. For those looking to make it their own home, the property offers the potential to transition to owner-occupation, subject to the existing tenancy and appropriate notice requirements.

Whether you're seeking a peaceful country home, a lifestyle property with room to garden and grow, or a sound investment close to Maldon, 34 Parkins Reef Road offers a rare combination of charm, space and convenience.

A beautiful country setting, a productive garden and the best of Maldon within easy reach - this is country living made easy.

Listing description written by Brett Waller, Castlemaine Property Group — reproduced as published, not verified by Districts.

Property features

  • Built-in Robes
  • Floorboards
  • Living Areas: 1
  • Shed
  • Study
  • Toilets: 1
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.