Coolaroo at a glance
3,241
People
$629,500
Median sale
$461/wk
Median rent
3.81%
Suburb gross yield
Median sale from 22 recorded sales (last 12 months) — a Districts calculation.
VIC › Coolaroo › Crossley Cres
4
Bedrooms
2
Bathrooms
2
Car spaces
612 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Coolaroo (last 5 years) with land size have a median of $979/m² of land (n=58). Districts calculation from recorded sales — not a valuation.
Coolaroo at a glance
3,241
People
$629,500
Median sale
$461/wk
Median rent
3.81%
Suburb gross yield
Median sale from 22 recorded sales (last 12 months) — a Districts calculation.
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 $461/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
Coolaroo at a glance
3,241
People
$629,500
Median sale
$461/wk
Median rent
3.81%
Suburb gross yield
Median sale from 22 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Barry Plant GlenroyTwo dwellings on the one block, providing double income. This is an outstanding opportunity for the wise investor to seize the opportunity in owning this unique property. On the one title, the property accommodates a 3 bedroom house and a 1 bedroom detached flat at the rear. The investor would be pleased with a rental income of $1474/month for the main house and $1130/month for the rear flat, while there is also the option to occupy the main house, use it as a child care centre as it had been previously (STCA) and continue to rent out the rear flat.
The main three bedroom house has been uniquely renovated and provides a well-equipped modern kitchen with a meals area, central bathroom, comfortable living, a verandah to enjoy the outdoors, large garage and a long driveway providing parking space for multiple cars. The rear flat carries through the modern look and accommodates open plan kitchen with meals area and living, large bedroom with wall to wall built in robes, modern bathroom incorporating laundry facilities, front verandah and tropical themed gardens to enjoy.
Excellent list of features include security roller shutters, wheelchair access, ducted heating, air conditioning, timber floors throughout and tiles to wet areas, stone benchtops, built in robes and more...
Situated within short distance of nearby amenities including Coolaroo train station, bus service no 540, parks, schools, shops and major roads within easy reach.
Call your local area expert and book your inspection before it is too late.
Listing description written by Halil Okur, Barry Plant Glenroy — reproduced as published, not verified by Districts.