The Oaks at a glance
2,914
People
$1,357,500
Median sale
$592/wk
Median rent
2.27%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
3
Bedrooms
1
Bathrooms
2
Car spaces
2,023 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 The Oaks (last 5 years) with land size have a median of $1,092/m² of land (n=59). Districts calculation from recorded sales — not a valuation.
The Oaks at a glance
2,914
People
$1,357,500
Median sale
$592/wk
Median rent
2.27%
Suburb gross yield
Median sale from 20 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
NSWPlanning 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.” NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Rental
No advertised rent is recorded. Suburb median rent $592/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. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet. 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. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
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
UnknownNSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
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
UnknownNSW Valuer General land values are not loaded for this property yet.
Net yield / holding costs
UnknownNSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Area
The Oaks at a glance
2,914
People
$1,357,500
Median sale
$592/wk
Median rent
2.27%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by McLaren Real EstateOccupying a prime position in the heart of The Oaks, just moments from The Oaks Public School, local shops and The Oaks Hotel, this is an opportunity like no other. With each block of land at 2023-sqm, totalling 4046-sqm, 43 & 45 Merlin Street present massive development potential, STCA for 700sqm blocks or aged care living options for 12-16 Villas. This property is perfectly positioned to capitalise on The Oaks premium atmosphere and convenient walking-distance proximity to the town centre.
With their pleasant ambience and expansive, flat rear yards, these joined properties offer great versatility in development options without sacrificing on presentation and charm. Whilst available for combined purchase, 43 & 45 Merlin Street can also be purchased separately.
Each residence offers a family-oriented experience with naturally bright interiors, multiple spacious living areas, four comfortable bedrooms and a flowing floorplan. Timber-decked entertaining areas flow out to tidy gardens and sweeping, family-friendly backyards with side access.
Brimming with potential, 43 & 45 Merlin Street are must-sees for those with big ideas or families with a love of tranquil living. Contact McLaren Real Estate today to discover more.
Features include:
Individual land size of each block – 2023 square metres
Short walk to The Oaks Public School, The Oaks Hotel, local shops, nearby reserves and public transport
Options for separate or combined sale, offering great development potential to best take advantage of The Oaks prestigious charms
Each residence offers a bright and comfortable four-bedroom family experience with spacious living areas
Double garage to 45, drive-through side access to detached garage to 43
Expansive, private rear yards offer fantastic versatility
Disclaimer:
All information contained herein is gathered from sources we deem to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.
Listing description written by Garth Muller, McLaren Real Estate — reproduced as published, not verified by Districts.