Wattle Glen at a glance
1,879
People
$1,024,000
Median sale
$573/wk
Median rent
2.91%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
VIC › Wattle Glen › Reynolds Rd
$810,000
Last sold
25 Oct 2019
3
Bedrooms
2
Bathrooms
2
Car spaces
531 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
$810,000
25 Oct 2019 · derived via latest_sale
Local land rate: recorded House sales in Wattle Glen (last 5 years) with land size have a median of $1,027/m² of land (n=31). Districts calculation from recorded sales — not a valuation.
Wattle Glen at a glance
1,879
People
$1,024,000
Median sale
$573/wk
Median rent
2.91%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
Vs Wattle Glen
-20.9%
Median sale
Suburb $1,024,000
+0.77 pp
Gross yield
Suburb 2.91%
Suburb median $1,024,000 from 8 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 $573/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
Wattle Glen at a glance
1,879
People
$1,024,000
Median sale
$573/wk
Median rent
2.91%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Jellis Craig ElthamTailored for a seamless family lifestyle; this stunning 5 year old home will appeal to buyers looking for a leafy retreat with exceptional connectivity to a wide range of amenities. A stylish design elevates this contemporary home; showcasing natural light and eye-catching hardwood floors throughout the formal lounge room and neighbouring open plan family room and dining area. The designer kitchen is every chef's dream, boasting premium Blanco appliances (including twin wall ovens), Bosch dishwasher, a stone waterfall edge breakfast bar and storage galore. The master bedroom is placed at the front for privacy with a modern ensuite, walk-in robe and treetop vistas; whilst the remaining two bedrooms, each with built-in robes share the stylish main bathroom with a separate powder room. Luring you outside with its picturesque views; the low-maintenance courtyard boasts an alfresco deck that wraps all the way around the back; allowing you to entertain in style or simply soak up the peaceful ambience. Enhancing the property's appeal are a host of additional features; including ducted heating/vacuuming, double glazed windows, water tanks and a double auto garage with internal access. Superbly located in a tight-knit community walking distance from Wattle Glen Primary School, Train station with direct connection to Melbourne CBD, Pepper's Paddock and the general store. There's also easy access to Diamond Valley College and lively Diamond Creek Shopping Centre with an array of specialty shops, cafes and restaurants.
Listing description written by John Le Gros, Jellis Craig Eltham — reproduced as published, not verified by Districts.