Selby at a glance
1,603
People
$840,000
Median sale
$628/wk
Median rent
3.89%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
VIC › Selby › Ronald Ave
$745,000
Last sold
5 June 2020
6
Bedrooms
6
Bathrooms
8
Car spaces
2,991 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
$745,000
5 June 2020 · derived via latest_sale
Local land rate: recorded House sales in Selby (last 5 years) with land size have a median of $425/m² of land (n=71). Districts calculation from recorded sales — not a valuation.
Selby at a glance
1,603
People
$840,000
Median sale
$628/wk
Median rent
3.89%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Vs Selby
-11.3%
Median sale
Suburb $840,000
+0.49 pp
Gross yield
Suburb 3.89%
Suburb median $840,000 from 17 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 $628/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
Selby at a glance
1,603
People
$840,000
Median sale
$628/wk
Median rent
3.89%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by First National Real Estate RangesThis impressive 6-bedroom home sits proudly on a ¾ acre allotment (approx) providing plenty of room for children and pets to enjoy as well as ample off-street parking and lovely treed vistas.
Once inside you will discover a versatile floor plan which has 3 bedrooms downstairs, master with walk-in robe and ensuite, a stunning kitchen with stone benchtops and stainless-steel appliances, renovated main bathroom, and open plan lounge and dining area. The other three bedrooms are upstairs, and each have their own en-suite facilities and share the 2nd living area.
A wonderful addition to this already fabulous family home is the semi self-contained flat that would be ideal for extended family, parents or even your children saving for their first home but wanting to retain some independence. It boasts a full bathroom, kitchenette, and bedroom/lounge, with its own private entrance.
Neat and tidy throughout the vendor has had the home freshly painted and even the floorboards repolished, it’s ready for you to just move in. You’ll enjoy the convenience of ducted heating and the ambience of a wood fire. Outdoors boasts a double garage plus workshop, a separate man cave with built-in bar, double carport, paving, blue stone fire pit and undercover entertaining area off the dining room.
This great package is only a five-minute drive to Belgrave Central.
https://www.consumer.vic.gov.au/duediligencechecklist
Please note: All property details listed were current at the time of publishing.
With the COVID – 19 outbreak, the health and wellbeing of our clients and staff is our highest priority.
We are all taking extra measures to protect our clients and staff from coming into contact with the virus. Please help us by respecting our request that you do not attend an Inspection or the office if you have:
- Tested positive to Coronavirus
- Symptoms associated with Coronavirus
- Recently been in contact with someone diagnosed with Coronavirus
- Recently been overseas
- Agreed to any self-isolation conditions
We also ask that you practice social distancing from anyone attending the office or at an inspection, and where possible refrain from touching surfaces. We also appreciate your understanding as we are only able to have 10 people view the interior of the property at a time.
Thank you for your understanding
Listing description written by Jan Brewster, First National Real Estate Ranges — reproduced as published, not verified by Districts.