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VIC › Kalorama › Falls Rd

45-47 Falls Rd, Kalorama VIC 3766

For saleHouse

$1,150,000–$1,250,000

For sale

Asking range

6

Bedrooms

2

Bathrooms

4

Car spaces

6,383 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,150,000–$1,250,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,150,000–$1,250,000(Listing record · 25 Aug 2026)
  • FactLand 6,383 m²; no building size recorded.(Property record)

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

The ask against the evidence

Asking

$1,150,000–$1,250,000

Asking range · $180/m² of land

No recorded sale for this property.

Kalorama at a glance

No data

Median sale

No data

Median rent

No data

Suburb gross yield

See the full Kalorama report →

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$1,150,000
Stamp Duty (Victoria)
$63,250
Transfer/Registration Fee
$2,795
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,219,745

$69,745 on top of the price (6.1% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Based on the low end of the asking range, not a contract price.

No rent is recorded for this listing. Enter a weekly rent to model yield.

Enter a purchase price and weekly rent to calculate yield.

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

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. Listed$1,150,000–$1,250,000available25 Aug 2026

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?

No advertised rent and no suburb rent aggregate are loaded. Official bond files are not loaded. Listing rent and suburb aggregates are evidence, not this address’s rent.

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.

0 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

    Unknown

    No advertised rent and no suburb rent aggregate are loaded. Official bond files are not loaded. Listing rent and suburb aggregates are evidence, not this address’s rent.

  • 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

Kalorama in one glance

Kalorama at a glance

No data

Median sale

No data

Median rent

No data

Suburb gross yield

See the full Kalorama report →

Keep researching

  • Why Kalorama? Read the area thesis →
  • What else is on the market in Kalorama →
  • Other records on Falls Rd →

Listing material

Listed by Noel Jones Maroondah & Yarra Ranges

More Than Meets the Eye...

GRAND OPENING - SAT 29th AUGUST - 2:30PM - 3:30PM

Boasting a family residence as well as a charming cottage, this is a property with a story that reaches back more than a century, and one that has never before been offered to the market.

Originally part of one of the early 10-acre holdings in the district, the property first had a simple bark hut before the original Hills cottage was built in 1908. More than a century later, the cottage remains a wonderful example of an early Australian architecture, original character and classic verandahs front and back.

Read the full description

For many decades, the cottage was the family's main home. Its kitchen and bathroom were added as the house evolved through the 1940s and 1950s, along with the fireplaces and wood stove that speak to another era of hill's life.

When the clinker-brick home was built in the early 1970s, the cottage did not lose its place in family life. Instead, it became an extension of the main home: somewhere to sew, write, read a book in front of the fire, make jam from the garden, or give friends and family their own place to stay. That sense of continuity is part of what makes the property special.

The main house brings a different kind of Hills character. Its generous proportions and oversized windows fill the rooms with light, including through winter. From the kitchen, lounge and deck, the outlook stretches towards Silvan Dam, while the master bedroom offers the rare pleasure of waking to the view each morning.

Outside, the garden carries its own history. A magnificent old oak stands near the cottage, while established rare camellias, rhododendrons and mature autumnal trees create a garden that changes with the seasons. The renewed cottage garden, with climbing roses along the fence line, adds another layer of charm.

The garden has always been a place to use and enjoy, not simply admire. There are orchards, heritage fruits, vegetables and herbs, and Medlar trees that still produce enough fruit for Medlar paste made from a recipe handed down to the current owner.

Wildlife is woven into everyday life. Kookaburras and king parrots visit regularly, resident bowerbirds make their home in the garden, and echidnas and the occasional wombat wander through.

Despite the sense of space and privacy, the property is closely connected to the surrounding Hills community. The original local hall is a short walk away, where U3A, makers markets and Winter Warmers jazz nights bring people together. The old mechanics track runs parallel to Falls Road to the waterfalls where the first owners used to swim. The kinder, primary school's and private school buses are all within easy walking distance. Local shops, pubs and cafes are only a few minutes' drive away.

It is difficult to reduce a property like this to bedrooms, bathrooms and land size. Its appeal lies in the combination: an original Hills cottage with more than a century of history, a light-filled family home with a beautiful outlook, an established garden planted and enjoyed over generations, and a location deeply connected to the local community.

For the first time, the opportunity is there for another family to become part of its story.

Main House:

The solid, well-maintained clinker-brick home features large, light-filled rooms with oversized windows. The layout includes a lounge, a neutral 1970s kitchen with European-brand stainless steel appliances, a meals area leading to a covered terrace, three generously proportioned bedrooms, a brand-new bathroom and separate toilet, and an updated laundry with a double wash trough. The home has been freshly painted and has quality new carpet and extensive built-in storage. Additional features include a wood heater, reverse cycle heating and cooling, a new Colorbond roof, and highly rated polyester insulation batts.

Cottage:

The cottage retains all its original character. The layout includes a lounge, an original 1950s kitchenette, dining area with a wood stove, three bedrooms and a bathroom. It has been freshly painted inside and out and has quality new carpet. Additional works have also been completed, such as restumping and rewiring. Additional features include a wood heater, reverse cycle heating and cooling, and highly rated polyester insulation batts.

Set on approximately 1.5 acres of relatively level, “Hills flat” land, the property has two driveway entrances, a double carport and plenty of additional parking. Large grassy areas can be maintained with a ride-on mower, while extensive shedding provides excellent storage. New solid fencing and gates add the finishing touch to this wonderfully historic property.

Disclaimer:

Noel Jones has taken every precaution to establish the accuracy of the information provided. Some images may have been digitally enhanced or virtually staged for presentation purposes. This material does not constitute any representation by the vendor or real estate agent as to the property's current condition or features. You should rely on your own inspection and enquiries to satisfy yourself of the condition and characteristics of the property.

Listing description written by Warren Paas, Noel Jones Maroondah & Yarra Ranges — reproduced as published, not verified by Districts.

Property features

  • Deck
  • Ducted Cooling
  • Ducted Heating
  • Living Areas: 2
  • Shed
  • Toilets: 2
Districts

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

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