Dennington at a glance
2,143
People
$643,000
Median sale
$501/wk
Median rent
4.05%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
VIC › Dennington › Bourne Ave
$132,000
Last sold
28 May 2020
0
Bedrooms
0
Bathrooms
0
Car spaces
598 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
$132,000
28 May 2020 · derived via latest_sale
Dennington at a glance
2,143
People
$643,000
Median sale
$501/wk
Median rent
4.05%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
Vs Dennington
-79.5%
Median sale
Suburb $643,000
+15.69 pp
Gross yield
Suburb 4.05%
Suburb median $643,000 from 6 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 $501/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
Dennington at a glance
2,143
People
$643,000
Median sale
$501/wk
Median rent
4.05%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Stockdale & Leggo WarrnamboolIdeally located in the NW Warrnambool/ North Dennington growth corridor, with all amenities close by and primary and high schools just a few minutes' walk away, this new land release offers affordable building blocks, ready to go, in an increasingly popular area.
The vacant blocks vary in price between $115,000 and $135,000 with Stages 3 & 4 almost sold out, titles ready and building underway, inquire now with just a few blocks left. Call us to get in early and take your pick of Stages 5 & 6.
The Merri Views Estate offers a touch of country life in the city. Sheltered from the South Westerlies with aspect and views over rural land to the North, plus the benefits of a more stable soil type and good building ground, the setting is perfect to build your dream home without breaking the budget.
There are a wide range of lot shapes & sizes; some smaller blocks specifically designed to suit (semi-) retirees and downsizers; some larger blocks are flat, others are elevated with views and would suit a double storey or split-level home.
Suitable for first home builders, investors, downsizers and larger families these blocks are selling fast, so call us today for your price list and get the latest update on which blocks are still available. House and Land packages available and if you want some insight into which block to choose, just ask and we can meet onsite and explain some of the factors to consider!
When you have chosen your preferred building block, we can place your block on HOLD so you have time to arrange a soil test, talk to your builder, complete your investigations/ due diligence etc. So call us today for more information and start living the dream!
Listing description written by Justin Allen, Stockdale & Leggo Warrnambool — reproduced as published, not verified by Districts.