Selby at a glance
1,603
People
$840,000
Median sale
$628/wk
Median rent
3.89%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
$1,220,000
Last sold
5 July 2021
4
Bedrooms
2
Bathrooms
4
Car spaces
13,300 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
$1,220,000
5 July 2021 · derived via latest_sale
Local land rate: recorded House sales in Selby (last 5 years) with land size have a median of $425/m² of land (n=71). Districts calculation from recorded sales — not a valuation.
Selby at a glance
1,603
People
$840,000
Median sale
$628/wk
Median rent
3.89%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Vs Selby
+45.2%
Median sale
Suburb $840,000
-1.21 pp
Gross yield
Suburb 3.89%
Suburb median $840,000 from 17 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 $628/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
Selby at a glance
1,603
People
$840,000
Median sale
$628/wk
Median rent
3.89%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by First National Real Estate Ranges***THIS PROPERTY IS UNDER CONTRACT UNTIL 30TH JUNE***
This family sized home offers great privacy as it backs onto nearby bushland.
Enjoy the wildlife on your doorstep with wallabies, echidnas and a range of birdlife frequenting the property.
Set well back on the block at the end of a long sweeping sealed driveway, this large brick home provides a highly flexible layout with multiple living zones for the whole family to enjoy.
Situated on over 3 acres with 3 fenced paddocks, 2 dams and expansive views towards Cardinia Reservoir, this property offers many features that includes 4 generous bedrooms and study, including an amazing master suite/parents retreat wing with huge walk-in-robe plus full ensuite that is a real feature of the home.
There are 3 living zones including a spacious rumpus room with toasty wood heater, formal lounge room also with a wood heater, and a sunroom to soak up the winter rays.
The kitchen/dining area consists of an Ilve Nostalgie cooker, integrated dishwasher and circular breakfast bar.
Outdoors features a number of entertaining areas with a covered deck taking in the glorious views as well as a separate brick paved area perfect for BBQs.
The inground pool is solar heated and saltwater with a daybed hut adjacent to relax upon during the hot summer days.
There is plenty of room for all the cars, boats, caravan and trailers with a large remote double garage and HUGE carport adjoining as well as plenty of additional open parking space.
Special features include zoned ducted heating and cooling providing year-round comfort, solar power, plantation shutters and hardwood timber floorboards.
Located only a short distance to Belgrave's schools, shops and train station and less than 1 hour to Melbourne CBD, this is lifestyle living at its best.
Be quick to inspect this off-market opportunity before it goes online.
Call Mick Dolphin 0429 684 522 or Jan Brewster 0409 558 805 or Emily Hudson 0418 570 474 to arrange your inspection today!
Ranges First National COVID directives being followed.
https://www.consumer.vic.gov.au/duediligencechecklist
Please note: All property details listed were current at the time of publishing.
Listing description written by Mick Dolphin, First National Real Estate Ranges — reproduced as published, not verified by Districts.