Wallington at a glance
1,569
People
No data
Median sale
$584/wk
Median rent
No data
Suburb gross yield
VIC › Wallington › Grubb Rd
$1,270,000
Last sold
15 July 2022
2
Bedrooms
1
Bathrooms
0
Car spaces
4,120 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
$1,270,000
15 July 2022 · derived via latest_sale
Wallington at a glance
1,569
People
No data
Median sale
$584/wk
Median rent
No data
Suburb gross yield
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 $584/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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
Wallington at a glance
1,569
People
No data
Median sale
$584/wk
Median rent
No data
Suburb gross yield
Listing material
Listed by Hayden Real Estate Ocean GroveWith timber flooring, high ceilings and light filled rooms, this home is not without its charm, however the real gem here is the unmatched potential to be found on the 4000sqm (approx.) block in the heart of the Bellarine Peninsula. Nestled next to Ket Bakery and other similar sized rural residential blocks, this large allotment has a leafy outlook with established gardens and lawn areas. Whilst everything is in need of a tidy up, if you look past this you will see some amazing potential, both in the home and the block.
In a prime Bellarine location, close to everything the Bellarine has to offer, including ocean beaches, bay beaches, wineries, cafes, golf courses etc, this property will enable an enviable coastal lifestyle. Practically, it's zoned RLZ (Rural Living Zone) which allows some rural uses to occur and there are a number of small and large businesses in the same local area, so this property could provide the space and visibility to support your exciting new business venture.
The home is a compact two bedroom with a large light-filled front living room adjacent to a sizable kitchen with walk-in pantry and dining area. A single family bathroom with separate toilet services the two bedrooms at the rear. A third sleep-out style room accessed via the rear paved courtyard provides additional accommodation. A likely rebuild opportunity, there could still be scope to improve rather than start again as there are some lovely features throughout such as a bright bay window in the front room, crown mouldings and some surprise stained glass windows.
This incredible opportunity is unlikely to last long, so arrange an inspection today.
Listing description written by Hugh McKewan, Hayden Real Estate Ocean Grove — reproduced as published, not verified by Districts.