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VIC › Teesdale › River Dr

45 River Dr, Teesdale VIC 3328

House

$980,000

Last sold

29 Feb 2024

4

Bedrooms

2

Bathrooms

4

Car spaces

14,973.369 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 $980,000 (29 Feb 2024).(Recorded sale)
  • FactLand 14,973 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Teesdale (last 5 years) with land size: median $148/m² of land (n=57). 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

$980,000

29 Feb 2024 · derived via latest_sale

Local land rate: recorded House sales in Teesdale (last 5 years) with land size have a median of $148/m² of land (n=57). Districts calculation from recorded sales — not a valuation.

Teesdale at a glance

2,529

People

$904,000

Median sale

$434/wk

Median rent

2.50%

Suburb gross yield

Median sale from 42 recorded sales (last 12 months) — a Districts calculation.

See the full Teesdale report →

Vs Teesdale

+8.4%

Median sale

Suburb $904,000

-0.20 pp

Gross yield

Suburb 2.50%

Suburb median $904,000 from 42 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$980,00029 Feb 2024
  2. Listedprice unknowncompleted5 Feb 2023

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 $434/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

Teesdale in one glance

Teesdale at a glance

2,529

People

$904,000

Median sale

$434/wk

Median rent

2.50%

Suburb gross yield

Median sale from 42 recorded sales (last 12 months) — a Districts calculation.

See the full Teesdale report →

Keep researching

  • Why Teesdale? Read the area thesis →
  • What else is on the market in Teesdale →
  • Other records on River Dr →

Listing material

Listed by Andrews and Co Bannockburn

Space and Serenity on 3.7 acres with elevated views

If you've been in search of spaciousness and tranquility, your quest ends here! This property is nestled in a serene location and boasts a generous expanse of approximately 3.7 acres, adorned with well-established trees and meticulously landscaped pathways and gardens. The residence comprises four bedrooms, two bathrooms, two distinct living areas, and a generously sized covered pergola on the deck, providing the perfect spot for relaxation.

As you approach the home, you'll immediately be struck by its immaculate presentation and manicured surroundings. The residence beckons you into a bright central area leading to the master bedroom, a carpeted front sitting room, and the primary lounge, both of which feature striking exposed timber vaulted ceilings. The main living space is enhanced by a cozy wood-burning fireplace and a reverse cycle split system for climate control.

The master bedroom serves as a retreat for parents, featuring double doors, a delightful northern vista to awaken to, dual built-in wardrobes, and an ensuite complete with tastic heating, a shower, vanity, storage, and a toilet.

Read the full description

The remaining three spacious bedrooms are located on the right-wing of the home, providing the option to isolate this area. Each of these bedrooms is equipped with built-in wardrobes, with one room additionally boasting a reverse cycle split system. All bedrooms are serviced by a central bathroom and a separate toilet. One of the bedrooms could alternatively be used as an extra living space or an office, as it offers the most substantial area among all the bedrooms.

The heart of the home is the well-appointed kitchen, featuring ample countertop space, a dishwasher, gas cooktop, oven, built-in pantry storage, and a servery window with delightful views of the mature trees and gardens, creating an inviting atmosphere.

Outside, the property offers something for everyone, including a wrap-around decked veranda connected to the spacious pergola, complete with a ceiling fan, allowing you to bask in the sun's warmth at any time of day. The driveway leads to a sizable carport that can accommodate a caravan, boat, or multiple vehicles, along with a double garage shed equipped with power, concrete flooring, and room for a workshop. Three water tanks are available for garden use, and a charming fish pond is set up for the kids to feed the goldfish.

In addition to all these amenities, there's a separate paddock towards the rear of the property, perfect for housing horses or other animals, or simply as a space for kids to enjoy bike rides and outdoor activities.

Listing description written by Brett Sager, Andrews and Co Bannockburn — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Deck
  • Dishwasher
  • Ensuites: 1
  • Fully Fenced
  • Living Areas: 2
  • Outdoor Entertaining
  • Rumpus Room
  • Secure Parking
  • Shed
  • Solar Panels
  • Toilets: 2
  • Vacuum System
  • Water Tank
  • Workshop
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.