Casterton at a glance
1,578
People
$320,000
Median sale
$347/wk
Median rent
5.64%
Suburb gross yield
Median sale from 47 recorded sales (last 12 months) — a Districts calculation.
VIC › Casterton › Retreat Homestead Rd
$574,000
Last sold
22 Jan 2021
0
Bedrooms
3
Bathrooms
0
Car spaces
246,817.773 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
$574,000
22 Jan 2021 · derived via latest_sale
Local land rate: recorded Rural Property sales in Casterton (last 5 years) with land size have a median of $49/m² of land (n=8). Districts calculation from recorded sales — not a valuation.
Casterton at a glance
1,578
People
$320,000
Median sale
$347/wk
Median rent
5.64%
Suburb gross yield
Median sale from 47 recorded sales (last 12 months) — a Districts calculation.
Vs Casterton
+79.4%
Median sale
Suburb $320,000
-2.50 pp
Gross yield
Suburb 5.64%
Suburb median $320,000 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 $347/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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
Casterton at a glance
1,578
People
$320,000
Median sale
$347/wk
Median rent
5.64%
Suburb gross yield
Median sale from 47 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Nutrien Harcourts CastertonWelcome to 'Retreat'.
Once home of the "Retreat Homestead," with many of the magnificent original out building still remaining like the bachelors quarters, the now four bay machinery shed that was once part of the large stable complex that was on the property and also used to house the draft horse wagons, there is also the old meat house. The dairy shed has been made in more recent years with the bricks remaining from the old homestead. For every 100 bricks made by convicts back in the day (approximately 1841) they would put a thumbprint in the brick.... Still to this day you can see the thumbprints in some of the bricks! If ever there was a property with a long line of historical stories to tell it's this property. The current residence was built in 1956.
Set on picturesque 61 acres of rolling hills with the south west boundary of the property along the magnificent Glenelg River, out here you're in a magical world of your own.
Currently running 20 head of cattle with calves at foot this undulating heavy carrying country has a good fertiliser history with pastures thriving. The fencing is reasonable, there are cattle yards, a dam and billabong. The vegetable garden is full of summer vegetables and eggs are no worries with a chook pen, an opportunity awaits to be quite self-sufficient if you please.
Moving inside- The home comprises of 3 reasonable sized bedrooms all with ceiling fans and the master bedroom with built in robes and a spectacular outlook from it's window. The bathroom has been updated in recent years with spa bath, shower and vanity. The toilet separate for your convenience. The open kitchen and dining room flow onto the lounge here you will find the wood heater and air-conditioner for your comfort. The home also boasts a large sun/ mudroom the length of the home, this I a fantastic area providing an abundance of space and storage with built in cabinetry, this is also where the office is currently set up.
Seldom does an amazing opportunity for such a picturesque property with acreage, amazing history and a family home all within short driving distance from town become available.
All enquiries to Sarah Thompson 0439 841 656
Auction Friday January 15th 11am at Casterton Nutrien Ag Solutions Office 13 Henty Street, Casterton.
Unless sold prior.
Listing description written by Sarah Thompson, Nutrien Harcourts Casterton — reproduced as published, not verified by Districts.
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