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VIC › Surrey Hills › Erasmus St

44 Erasmus St, Surrey Hills VIC 3127

House

$2,080,000

Last sold

22 Mar 2025

4

Bedrooms

3

Bathrooms

4

Car spaces

720 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $2,080,000 (22 Mar 2025).(Recorded sale)
  • FactLand 720 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Surrey Hills (last 5 years) with land size: median $3,154/m² of land (n=42). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$2,080,000

22 Mar 2025 · derived via latest_sale

Local land rate: recorded House sales in Surrey Hills (last 5 years) with land size have a median of $3,154/m² of land (n=42). Districts calculation from recorded sales — not a valuation.

Surrey Hills at a glance

14,235

People

$1,866,000

Median sale

$640/wk

Median rent

1.78%

Suburb gross yield

Median sale from 21 recorded sales (last 12 months) — a Districts calculation.

See the full Surrey Hills report →

Vs Surrey Hills

+11.5%

Median sale

Suburb $1,866,000

-0.18 pp

Gross yield

Suburb 1.78%

Suburb median $1,866,000 from 21 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$2,080,00022 Mar 2025
  2. Listedprice unknowncompleted25 Feb 2025

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $640/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Surrey Hills in one glance

Surrey Hills at a glance

14,235

People

$1,866,000

Median sale

$640/wk

Median rent

1.78%

Suburb gross yield

Median sale from 21 recorded sales (last 12 months) — a Districts calculation.

See the full Surrey Hills report →

Keep researching

  • Why Surrey Hills? Read the area thesis →
  • What else is on the market in Surrey Hills →
  • Other records on Erasmus St →

Listing material

Listed by HEAVYSIDE

Outstanding family potential on 720 sqm

THE PROPERTY

Offering a rare opportunity to secure a foothold in this premium pocket, this much-loved Circa 1970's family residence is offered for sale for the first time in 39 years and is certain to appeal.

Beautifully presented inside and out, this delightful four-bedroom home is ready to move in and enjoy, with further scope to modernise and make it your own if desired. Inviting open plan living captures leafy corner garden views, with the adjoining dining domain seamlessly flowing to the sparkling kitchen complete with granite benchtops, walk-in pantry, breakfast bar and premium appliances.

Read the full description

Glass sliding doors open up to the tranquil alfresco overlooking the lush, landscaped backyard, where a large, paved patio provides further space to entertain, and a versatile studio with toilet is sure to please. Secluded on the ground floor, the main bedroom features a built-in robe and ensuite, with a luxurious family bathroom also on this level flaunting an elegant freestanding bath and floating vanity.

Upstairs, a central retreat with a serene balcony capturing views of the bay offers further valuable space for growing families, with three additional bedrooms (two with built-in robes) and a third bathroom completing this enticing package.

THE FEATURES

• Spacious double-storey 4-bed, 3-bath family home

• Nestled in a leafy street on a 720 sq m approx. block

• Free-flowing living opens to rear outdoor entertaining area

• Backyard studio with toilet provides further versatile space

• Privately positioned ground-floor main with BIR & ensuite

• Three further bedrooms upstairs surround plush retreat

• Ducted heating, evaporative cooling (upstairs), split systems & ceiling fans

• 5kw solar panels, garden shed & ample off-street parking

• Separate laundry plus plentiful storage including wine cellar

THE LOCATION

Ideally located for modern families, within walking distance of Surrey Hills cafés, shops and Union station, with Wattle Park and Riversdale Road trams also nearby. The vibrant hubs of Box Hill Central and Camberwell Junction are only minutes away, while schools are within easy reach including Our Lady of Perpetual Succour, Kingswood College, Surrey Hills Primary and Box Hill High School (zoned).

THE TERMS: 30|45|60

Listing description written by Tim Heavyside, HEAVYSIDE — reproduced as published, not verified by Districts.

Property features

  • Dishwasher
  • Ducted Heating
  • Shed
  • Solar Panels
  • Study
  • Vacuum System
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.