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VIC › Quarry Hill › Carpenter St

38 Carpenter St, Quarry Hill VIC 3550

House

$600,000

Last sold

3 Aug 2023

3

Bedrooms

2

Bathrooms

2

Car spaces

418 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $600,000 (3 Aug 2023).(Recorded sale)
  • FactLand 418 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Quarry Hill (last 5 years) with land size: median $1,150/m² of land (n=70). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

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

What this lot has actually traded at

Last sold

$600,000

3 Aug 2023 · derived via latest_sale

Local land rate: recorded House sales in Quarry Hill (last 5 years) with land size have a median of $1,150/m² of land (n=70). Districts calculation from recorded sales — not a valuation.

Quarry Hill at a glance

2,411

People

$650,000

Median sale

$460/wk

Median rent

3.68%

Suburb gross yield

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

See the full Quarry Hill report →

Vs Quarry Hill

-7.7%

Median sale

Suburb $650,000

+0.31 pp

Gross yield

Suburb 3.68%

Suburb median $650,000 from 23 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

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. Sold$600,0003 Aug 2023
  2. Listedprice unknowncompleted25 Jan 2023

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 $460/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

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

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

Quarry Hill in one glance

Quarry Hill at a glance

2,411

People

$650,000

Median sale

$460/wk

Median rent

3.68%

Suburb gross yield

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

See the full Quarry Hill report →

Keep researching

  • Why Quarry Hill? Read the area thesis →
  • What else is on the market in Quarry Hill →
  • Other records on Carpenter St →

Listing material

Listed by Professionals Bendigo

This Price for a Quarry Hill Address! What an Opportunity

A fantastic opportunity to secure you own slice of Exclusive Quarry Hill only minutes from Bendigo's CBD. This property has a plenty of potential to be the ideal empty nester/retirees inner city home, Air B&B or trendy young couples pad. With picture book charm and loads of period detail particularly in the main living rooms, including ornate cornices, picture/plate rails, charming timber detail, hardwood floors and leadlight glass work. Features include 3 bedrooms, built in robes x2, ensuite to main, family bathroom, gas heating, reverse cycle spilt air-conditioning x2, formal lounge, formal dining, kitchen and sunroom. The current layout of the bedrooms makes for a study size 3rd bedroom which could be improved. Importantly the main ornate rooms are largely original in detail, and for the buyer there is a fantastic opportunity to re-configure the floorplan to sympathetically modernize the home to make it a real showpiece, and improve the flow from the back end if desired. From inside to out the home is framed with mature trees giving you glimpses of the veranda with ornate period render work, built in planter box, leadlight double doors, and pitched gable terracotta tile roof. The back yard is low maintenance and provides room for off street parking with side driveway access. Again with clever design and incorporating the existing infrastructure the backyard could be transformed into a real showpiece becoming an added extension to the homes living space and allowing for low maintenance lifestyle living. This Quarry Hill address provides walk-ability to the CBD, train station, numerous schools, Latrobe University, eateries and some of Bendigo's finest coffee shops. Surrounded by beautiful architecture, tree lined streets and all the lifestyle facilities at your doorstep, this home is an excellent opportunity to secure you own slice of Quarry Hill, Bendigo. This is one of those homes that would be unique to you, and a real talking point to any of your guests.

Listing description written by Danny Clarke, Professionals Bendigo — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Dishwasher
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.