Briar Hill at a glance
3,292
People
$997,500
Median sale
$574/wk
Median rent
2.99%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
VIC › Briar Hill › Teal Ln
$1,190,000
Last sold
12 Apr 2024
4
Bedrooms
2
Bathrooms
3
Car spaces
800 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
$1,190,000
12 Apr 2024 · derived via latest_sale
Local land rate: recorded House sales in Briar Hill (last 5 years) with land size have a median of $1,514/m² of land (n=61). Districts calculation from recorded sales — not a valuation.
Briar Hill at a glance
3,292
People
$997,500
Median sale
$574/wk
Median rent
2.99%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
Vs Briar Hill
+19.3%
Median sale
Suburb $997,500
-0.48 pp
Gross yield
Suburb 2.99%
Suburb median $997,500 from 16 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 $574/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
Briar Hill at a glance
3,292
People
$997,500
Median sale
$574/wk
Median rent
2.99%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White MacleodSOLD BY BRETT SCHEMBRI & ASH LAWSON - RAY WHITE MACLEOD
EXPRESSIONS OF INTEREST CLOSE MONDAY 28TH APRIL 1PM (UNLESS SOLD PRIOR)
This four bedroom, two bathroom plus study Merchant Builders home immersed in beautiful cottage gardens brings together charismatic living spaces and poolside entertaining for an idyllic family lifestyle.
Architect designed to draw in natural light and encourage seamless indoor-outdoor flow, this family sanctuary features reclaimed brick, soaring timber lined ceilings and extensive glazing to landscaped gardens through two fabulous living domains.
The first a spacious lounge with a feature open fireplace opens to a private paved alfresco space, and the second, an open plan living domain that extends to a romantic deck overlooking tropical inspired gardens that embrace a huge in-ground solar heated, salt chlorinated pool offering endless summer entertaining.
Spanish granite adds wow factor to a gourmet kitchen that features a Belling range, new Fisher&Paykel dishwasher and a servery window to the paved alfresco area. With living areas that offer floorplan versatility and a custom fitted study that makes working from home a breeze, it comes as no surprise that the bedrooms are spacious and the bathrooms are bright and inviting. The master bedroom with an ensuite and stylishly renovated family bathroom with dual basins in a porcelain lined vanity.
With Tasmanian Oak floors, leadlight adorned front door, ducted heating, split system air-conditioning, garden shed, carport plus off-street parking, live a fabulous family lifestyle near well-regarded schools including Sherbourne Primary School, local parks, buses and moments to Greensborough and Montmorency shopping precincts.
Brett Schembri & Ash Lawson | Ray White Macleod
Listing description written by Brett Schembri, Ray White Macleod — reproduced as published, not verified by Districts.