Riddells Creek at a glance
4,521
People
$1,060,000
Median sale
$597/wk
Median rent
2.93%
Suburb gross yield
Median sale from 47 recorded sales (last 12 months) — a Districts calculation.
VIC › Riddells Creek › Howard Ln
$1,475,000
Last sold
8 Nov 2022
4
Bedrooms
2
Bathrooms
4
Car spaces
80,937.128 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
$1,475,000
8 Nov 2022 · derived via latest_sale
Riddells Creek at a glance
4,521
People
$1,060,000
Median sale
$597/wk
Median rent
2.93%
Suburb gross yield
Median sale from 47 recorded sales (last 12 months) — a Districts calculation.
Vs Riddells Creek
+39.2%
Median sale
Suburb $1,060,000
-0.83 pp
Gross yield
Suburb 2.93%
Suburb median $1,060,000 from 47 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 $597/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
Riddells Creek at a glance
4,521
People
$1,060,000
Median sale
$597/wk
Median rent
2.93%
Suburb gross yield
Median sale from 47 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Bound Real EstateWhy we like the property” (agent perspective)
The epitome of a wonderful country lifestyle property is here on offer. The stunning aspect from the living areas and outdoor entertainment area will be the envy of your friends and family. Enjoy sheltered summer sunsets, overlooking the dam and broader acreage and eating homemade pizzas from the wood-fired oven, this property is absolute bliss. Surrounded by beautiful and productive gardens dotted with fruit trees including pomegranate, cherry, mulberry, plum and many more, there is a beautiful view from every window of the home.
Truly a captivating lifestyle, the acreage has been utilised for both aesthetics as well as a diverse collection of produce. Additional infrastructure and sufficient grazing space can be utilised for the equine enthusiast as well.
Lovingly maintained and thought out, the home itself offers multiple and versatile living spaces protected from the elements with a paved wrap-around veranda. Renovated bathrooms, laundry and spacious kitchen mean the new owners can move in and enjoy the lifestyle here on offer right away.
The tank and bore water are ample for both the home and gardens plus the solar panels and new inverter also add to the properties appeal and semi self-sustaining properties.
“What the property offers” (property perspective)
A lovingly maintained home and garden with many noteworthy features both inside and out. The home itself comprises 4 bedrooms and updated bathrooms including ensuite to the master. Laundry room is also an updated space.
Central timber kitchen with Cherry Wood benchtops enjoys stunning views over the main dam to the foothills of the Macedon Ranges, as do both the large dining room and the front lounge room. Additional living space opens to the extensive fernery and pergola area.
Externally there is a detached 12m x 6m garage or workshop with concrete and power plus there’s the stables and 2 horse boxes.
The property is situated on 8 hectares (20 acres) about a 5-minute drive to the growing township of Riddells Creek. The Township has post office/newsagent, V-line train service, shopping centre, health services, restaurants, hotel, primary school, kindergarten, childcare centre, park and lake, sporting complex & oval.
Larger towns of Sunbury (metro trains) and Gisborne within 15 kms provide a broader range of facilities including secondary colleges. Airport 35 minutes away.
“What you’ll love about the property” (vendor perspective)
A true country atmosphere with quiet and friendly neighbours who are always happy to help when the need arises. The aspect of the house provides picturesque views from North facing windows to the nearby mountain range.
Over an acre of mature garden provides a variety of flowers year-round. Hosts of peonies, dutch irises, jonquils emerge in the spring. Cypress hedge on West boundary adds privacy from the road and the combined quiet and vegetation attract kangaroos, an occasional echidna and a variety of birds.
A small olive grove now producing 50+ litres of oil annually, almond and hazelnut plantations and a variety of fruit trees create a semi self-sustaining lifestyle plus extensive vegetable gardens and green house shell (is netted to protect berry plants from birds). The bore water and reticulation system has allowed us to maintain an extensive garden and orchards.
Listing description written by Shantelle Cardwell-Smith, Bound Real Estate — reproduced as published, not verified by Districts.