Orana at a glance
2,157
People
$700,000
Median sale
$566/wk
Median rent
4.20%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
$350,000
Last sold
10 June 2022
2
Bedrooms
1
Bathrooms
0
Car spaces
1,985 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
$350,000
10 June 2022 · derived via latest_sale
Local land rate: recorded House sales in Orana (last 5 years) with land size have a median of $485/m² of land (n=73). Districts calculation from recorded sales — not a valuation.
Orana at a glance
2,157
People
$700,000
Median sale
$566/wk
Median rent
4.20%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Vs Orana
-50.0%
Median sale
Suburb $700,000
+4.21 pp
Gross yield
Suburb 4.20%
Suburb median $700,000 from 15 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
WAWA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 1,985 m² — that is not official geometry. 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.” Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $566/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. 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
UnknownWA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 1,985 m² — that is not official geometry.
Nearby development pipeline
UnknownNearby development applications are not loaded for this property.
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
Orana at a glance
2,157
People
$700,000
Median sale
$566/wk
Median rent
4.20%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Merrifield Real EstateTradies needing a new home and a big shed, and developers with the foresight to recognise the possibilities this extensive real estate offers, would reap myriad rewards from their investment.
This is a substantial holding consisting of a spick-and-span cottage occupying a front quarter of its 1981sqm block, the remainder a blank canvas for the owners to develop as they wish.
With appropriate local authority and planning permissions, a tradesperson could build a new home and work shed, sited to maximise access according to use – or just build the shed and rent out the cottage.
Other options – again, with permissions – include building multiple homes or developing the site into four lots. The land is cleared with good fencing to three sides and all utilities are ready.
The cottage itself would make an ideal base for the owners during any construction project, or it could be rented out – either extended or just as it is.
The cottage has been tastefully modernised and is beautifully presented, complies with granny flat regulations, with smart cladding, panel windows, an angled roof and a little front deck making a striking statement on the outside.
The interior is just as impressive, with stylish décor, flooring, tiling and cabinetry.
At the front is the air-conditioned lounge. This is open to the generous dining area and kitchen, with white cabinetry and gas cooking.
At the back is the appealing bathroom with a walk-in shower, bath and double vanity, and next to this, the laundry with built-in cabinetry.
Sliding glass doors open onto a big rear deck, a sheltered living space for relaxing or barbecues with friends, overlooking an area of lawn.
One of the bedrooms is a double and the other a good-sized single, which is currently used as an office.
For families, the newly upgraded Mt Lockyer Primary School is a short walk away, and NASHS and TAFE are a bike-ride up the highway.
While the property has tradies or developers written all over it, ex-farmers or retired people recognising the potential of a home and investment within a few minutes of town would be equally as attracted to this well-priced estate.
What you need to know:
- 1981sqm land
- Ideal for tradesperson, developer, ex-farmer
- Space for homes, room for 120sqm shed ( based on COA policy )
- Use for Grouped Dwelling/ Granny Flat/ Auxiliary accommodation while constructing a home
- With permissions, could be developed for multiple homes or into four lots
- Stylish cottage in excellent condition – lounge, kitchen/dining, big rear deck, bathroom with bath and shower, two bedrooms, laundry
- Fenced on three sides, utilities ready
- Near newly upgraded Mt Lockyer Primary School
- Few minutes to TAFE, NASHS, town
- Council rates $1,687.23
- Water rates $1,463.12
Listing description written by Jeremy Stewart, Merrifield Real Estate — reproduced as published, not verified by Districts.