Eltham at a glance
19,116
People
$1,282,500
Median sale
$586/wk
Median rent
2.38%
Suburb gross yield
Median sale from 92 recorded sales (last 12 months) — a Districts calculation.
VIC › Eltham › Shalbury Ave
$1,300,000
Last sold
17 Feb 2026
4
Bedrooms
3
Bathrooms
2
Car spaces
969 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
$1,300,000
17 Feb 2026 · derived via latest_sale
Local land rate: recorded House sales in Eltham (last 5 years) with land size have a median of $1,355/m² of land (n=72). Districts calculation from recorded sales — not a valuation.
Eltham at a glance
19,116
People
$1,282,500
Median sale
$586/wk
Median rent
2.38%
Suburb gross yield
Median sale from 92 recorded sales (last 12 months) — a Districts calculation.
Vs Eltham
+1.4%
Median sale
Suburb $1,282,500
-0.04 pp
Gross yield
Suburb 2.38%
Suburb median $1,282,500 from 92 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 $586/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
Eltham at a glance
19,116
People
$1,282,500
Median sale
$586/wk
Median rent
2.38%
Suburb gross yield
Median sale from 92 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White Diamond CreekThis captivating mudbrick family residence presents a truly rare opportunity to secure a timeless piece of Eltham architecture while unlocking exceptional future potential. Set amid beautifully established surrounds and enjoying breathtaking elevated views, the home showcases an intelligent design and an inspired use of light and space. Soaring apex ceilings, exposed beams, striking double-height glazing and character-rich mudbrick walls combine to create an immediate sense of warmth, authenticity and architectural presence.
A generous lounge and dining domain is centred around a cosy gas log fireplace and flows effortlessly to an elevated balcony, where tranquil treetop vistas and the expansive, immaculately maintained rear garden create a peaceful, secluded sanctuary.
Downstairs, a light-filled meals area is anchored by a renovated contemporary kitchen, thoughtfully appointed with quality finishes, excellent storage and seamless functionality. This inviting space opens directly to a paved front alfresco zone, ideal for entertaining, relaxed family living or quiet morning coffees. Accommodation is well-zoned and comprises spacious bedrooms, complemented by a central family bathroom.
Positioned at the rear of the property, a fully self-contained one-bedroom studio adds outstanding versatility, providing the perfect solution for teenagers, guests, extended family or a home office. Beyond its immediate lifestyle appeal, the home occupies an impressive 969sqm (approx.) allotment, offering an increasingly rare opportunity to subdivide or further develop (STCA). Whether enhancing, extending, building an additional dwelling or land-banking for the future, this substantial parcel presents exceptional scope to capitalise in a tightly held location.
Additional features include gas space heating, split-system air conditioning, water tank, irrigation system, large shed and carport. Enjoying a prized position within the Eltham East Primary School zone, and moments from Eltham College, Edendale Farm, Eltham Village, the train station and an abundance of parklands and walking trails, this exceptional property delivers a compelling blend of architectural significance, lifestyle excellence and outstanding future promise.
Listing description written by Sean Salmon, Ray White Diamond Creek — reproduced as published, not verified by Districts.