Eastwood at a glance
2,742
People
$640,000
Median sale
$479/wk
Median rent
3.89%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
VIC › Eastwood › Phoebes Way
$648,000
Last sold
28 Sept 2023
4
Bedrooms
2
Bathrooms
3
Car spaces
864 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
$648,000
28 Sept 2023 · derived via latest_sale
Local land rate: recorded House sales in Eastwood (last 5 years) with land size have a median of $717/m² of land (n=56). Districts calculation from recorded sales — not a valuation.
Eastwood at a glance
2,742
People
$640,000
Median sale
$479/wk
Median rent
3.89%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Vs Eastwood
+1.3%
Median sale
Suburb $640,000
-0.05 pp
Gross yield
Suburb 3.89%
Suburb median $640,000 from 13 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 $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
Eastwood at a glance
2,742
People
$640,000
Median sale
$479/wk
Median rent
3.89%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Coast to Country Real EstateAre you after the perfect blend of modern living and comfortable family lifestyle? Then look no further than 34 Phoebes Way. Welcome to this stunning residence that effortlessly combines contemporary design with comfortable living. Situated in one of Eastwood's quietest areas, this Metricon home has everything you need - location, space and quality. The airy layout boasts ample natural light and a seamless flow between living areas, creating a warm and inviting atmosphere for all to enjoy.
The generous master bedroom is situated at the front of the home and has a full ensuite and a sizeable walk-in robe to maximise your comfort and convenience. Adjacent to the master suite is the first of two living areas, currently used as a home theatre room. It's ideal for hosting movie nights or simply chilling with Netflix. The kitchen is stylish and practical and has been thoughtfully designed with ample cabinetry and benches, 900mm natural gas cooktop, electric oven, rangehood, tiled splashback, walk-in pantry and a generous breakfast bar providing ample space for the whole family.
The dining and lounge area is filled with natural light from large windows, whilst the open-plan layout seamlessly connects the living area and dining space, effortlessly facilitating entertaining and socialising while preparing meals. There are three more bedrooms to the rear, all doubles with built in robes. The modern family bathroom complete with separate shower and bath is located to the western side of the home. Ducted gas heating and a large reverse cycle split system keep the home comfortable year-round, whilst the large, grid-connected solar system and rainwater tank serve to reduce energy bills.
Step outside and unwind on the inviting, covered deck, perfect for enjoying outdoor relaxation or hosting gatherings with family and friends. Wind down with a beverage in the fabulous spa and let your woes drift away. Imagine spending evenings in the backyard, hosting barbecues or simply enjoying quality time with loved ones in your own private oasis with only two immediate neighbours.
The property boasts a well maintained exterior, with manicured landscaping that add to its curb appeal. The low maintenance block has a fully fenced rear yard and backs onto a wetlands reserve, with direct access to the many walking tracks that meander through Eastwood. There is a double garage with an internal door and large remote-controlled main door. To the eastern side of the property, double gates provide access for your boat, caravan or trailer, which will be protected from the elements by the fabulous carport, which could easily be converted into a second garage (STCA).
The Eastwood Shopping Centre, which includes an IGA, cafe, medical facilities, take away outlets, bottle shop and a pharmacy, is a mere two kilometres away. For a meal or a few drinks, Club Eastwood is only a short walk. Education facilities are close by with the Eastwood Early Learning Centre and Kindergarten just up on Timbarra Drive. Lucknow Primary school is a short walk and Gippsland Grammar only a very short drive. The Bairnsdale CBD, which has all major supermarkets, a variety of national retailers and specialty shops, is only a short drive over the river.
Discover your community.
Parklands, walking trails and waterways are plentiful. The East Gippsland Rail Trail is a safe place to walk or ride from Howitt Park in Bairnsdale all the way to Orbost. Open to cyclists and hikers, this 96-kilometre trail begins close to Bairnsdale Railway Station and continues east to Orbost, on the way crossing the many rivers that flow into the Gippsland Lakes. Boating and fishing options are abundant in this part of Victoria and are readily accessible. The Howitt Park boat ramp is a little over 3 kilometres away. Like adventure? It's only a short drive to the Victorian High Country, perfect for those that like to explore further afield. The Victorian snowfields are around two and a half hours' drive via the beautiful Tambo Valley.
Don't wait on this one - this is a very popular part of Eastwood and is a no through road meaning your peace and quiet is assured. Please view our Virtual Tour online and contact Matt Byrne on 0410 681 323 for your own private inspection.
Listing description written by Matt Byrne, Coast to Country Real Estate — reproduced as published, not verified by Districts.