Spring Gully at a glance
3,085
People
$700,000
Median sale
$460/wk
Median rent
3.42%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
VIC › Spring Gully › Masefield St
$786,000
Last sold
5 Aug 2025
5
Bedrooms
2
Bathrooms
2
Car spaces
1,406 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
$786,000
5 Aug 2025 · derived via latest_sale
Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.
Local land rate: recorded House sales in Spring Gully (last 5 years) with land size have a median of $874/m² of land (n=87). Districts calculation from recorded sales — not a valuation.
Spring Gully at a glance
3,085
People
$700,000
Median sale
$460/wk
Median rent
3.42%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
Vs Spring Gully
+12.3%
Median sale
Suburb $700,000
-0.38 pp
Gross yield
Suburb 3.42%
Suburb median $700,000 from 27 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 $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.
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
UnknownArea
Spring Gully at a glance
3,085
People
$700,000
Median sale
$460/wk
Median rent
3.42%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by DCK Real EstateSet in the highly sought-after Spring Gully, right on the edge of Quarry Hill, this much-loved JG King steel-frame home offers far more than meets the eye. Designed for comfort, space, and serenity, it's perfectly positioned just minutes from the heart of Bendigo.
Constructed in 2004, the home enjoys an elevated position among the treetops, offering rare leafy outlooks and a strong sense of privacy. Inside, light-filled living spaces create an immediate sense of warmth and welcome.
Boasting five generously sized bedrooms, the main bedroom is located at the front of the home and includes a walk-in wardrobe and private ensuite. The remaining four bedrooms all feature built-in robes, with one easily adaptable as a home office or study. All are thoughtfully positioned around a central family bathroom and a well-appointed laundry, which offers ample storage and easy access to the yard.
The floorplan opens up beautifully from the entry, revealing a spacious dining area and a standout kitchen with plenty of bench space and direct access to a covered outdoor entertaining zone-ideal for seamless indoor-outdoor living. A second living room offers flexibility and space, with large rear windows framing tranquil bushland views.
Outdoors, you'll find a generous yard with a northerly aspect, plus ample room to entertain or simply relax and enjoy the natural surroundings from your own elevated retreat.
Additional features include:
• Ducted gas heating & evaporative cooling
• Solar passive design with north-facing living areas
• 7,000L gravity-fed water tank
• 5kW Fronius solar system (6.27kW output)
• Crimsafe security doors
• Double garage with natural light and extra storage
• Ample space for multiple vehicles
With local schools, shops, La Trobe University, and public transport all close by, this is a rare opportunity to secure a spacious and versatile family home in a peaceful, established location. Don't miss it.
Listing description written by Justin Pell, DCK Real Estate — reproduced as published, not verified by Districts.
Victoria 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.