Mount Pleasant at a glance
2,198
People
$557,000
Median sale
$382/wk
Median rent
3.57%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
VIC › Mount Pleasant › Cobden St
$820,000
Last sold
28 Feb 2022
3
Bedrooms
1
Bathrooms
1
Car spaces
2,150 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
$820,000
28 Feb 2022 · derived via latest_sale
Local land rate: recorded House sales in Mount Pleasant (last 5 years) with land size have a median of $768/m² of land (n=72). Districts calculation from recorded sales — not a valuation.
Mount Pleasant at a glance
2,198
People
$557,000
Median sale
$382/wk
Median rent
3.57%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
Vs Mount Pleasant
+47.2%
Median sale
Suburb $557,000
-1.15 pp
Gross yield
Suburb 3.57%
Suburb median $557,000 from 23 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 $382/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
Mount Pleasant at a glance
2,198
People
$557,000
Median sale
$382/wk
Median rent
3.57%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by McGrath BallaratA once in a lifetime opportunity to secure a striking brick home on approximately 2150sqm at one of the highest points of residential Ballarat.
• Reside on the expanses of over half an acre of land, or develop STCA. The choice is yours.
• This most attractive brick home offers 3 bedrooms, with two offering built in robes, & one with the versatility of being optioned as a formal dining area.
• The home boasts gorgeous Art Deco features, with picture rails lining the rooms and hallway, and decorative cornice is worthy of note.
• The lounge offers many different views to the south and a cosy gas log fire to enjoy. There is also gas central heating throughout the home.
• The galley kitchen is dressed in striking timber and offers both a Bosch wall oven and gas cooktop. A Dishlex dishwasher completes this highly functional kitchen.
• There is also a split system to control comforts in this space and throughout.
• The laundry boasts well above average storage cupboards. The generous bench tops have an allocated space for a front-loading washing machine and a generous size basin to work in.
• The sunroom is well enclosed and gives you another living area to enjoy in the warmer months.
• Out the back, you'll enjoy driveway access down the east side of the block to your oversize single garage, with an adjoining hobby room or sleep out at the rear.
•The west side offers a generously wide access to the rear of this 2150sqm allotment, where you will find a large vegetable garden, an assortment of fruit trees such as limes, lemons, mulberry, nectarines and passionfruit. There are also cherry trees and strawberry plants in a bird proof structure.
• Further features of note include security at the front and back of the property, lockable windows, tinted windows and semi and full block out blinds throughout the home, as well as being abundant in storage.
• To the rear of the oversized garden there are established gum trees which blend seamlessly with The Peady Street Reserve which this large property backs on to. A lockable gate provides access to the reserve.
• Further features include front and back security sensor lights, tinted lockable windows which have either shade or blockout blinds and all of which come with fully lined curtains to protect you from weather extremes. This house is abundant in storage and natural light throughout.
A truly unique property offering so much to its next lucky owners. Call Dan or Tony to inspect today.
Listing description written by Daniel Nestor, McGrath Ballarat — reproduced as published, not verified by Districts.