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VIC › Riddells Creek › Riverside Dr

46 Riverside Dr, Riddells Creek VIC 3431

For saleRural Property for Sale

$1,850,000–$1,950,000

For sale

Asking range

5

Bedrooms

3

Bathrooms

6

Car spaces

80,937.128 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,850,000–$1,950,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,850,000–$1,950,000(Listing record · 8 Aug 2025)
  • FactLand 80,937 m²; no building size recorded.(Property record)
  • CalculationAsk is 75% above the Riddells Creek median recorded sale ($1,060,000, n=47, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Riddells Creek's advertised median rent ($597/wk), implied gross yield would be 1.68% — this is not a rent for this listing.(Districts scenario calculation)

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

The ask against the evidence

Asking

$1,850,000–$1,950,000

Asking range · $23/m² of land

No recorded sale for this property.

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.

See the full Riddells Creek report →

Vs Riddells Creek

+74.5%

Median sale

Suburb $1,060,000

-1.25 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.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$1,850,000
Stamp Duty (Victoria)
$101,750
Transfer/Registration Fee
$3,614
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,959,064

$109,064 on top of the price (5.9% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Riddells Creek's advertised median rent — not a rent for this listing.

Net yield
0.18%
Annual cashflow (pre-tax)
$-92,906
Interest cover (DSCR)
0.03
Annual rent
$31,044
Operating expenses
$27,750
Loan amount
$1,480,000
Annual interest
$96,200
Gross yield
1.68%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

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. Listed$1,850,000–$1,950,000available8 Aug 2025

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 $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.

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

Gross yield if leased at the suburb aggregate is 1.7%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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

Riddells Creek in one glance

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.

See the full Riddells Creek report →

Keep researching

  • Why Riddells Creek? Read the area thesis →
  • What else is on the market in Riddells Creek →
  • Other records on Riverside Dr →

Listing material

Listed by Woodards Sunbury

Private Sale

20 Acre (Approx.) Resort-Style Lifestyle Property

Poised across 20 acres (approx.) with Riddells Creek tracing its boundary, this expansive country estate offers a lifestyle of rare distinction combining architectural character, high-spec inclusions, and sweeping natural vistas. Delivering the ultimate in refined acreage living at the foothills of Mount Macedon, it's perfectly suited to multigenerational families, entertainers, and those seeking the tranquillity of a rural retreat with complete modern comfort.

A wide spotted gum wraparound deck embraces the home, framing a design that is both grounded and elevated in its material palette. Entry is via a leadlight door, opening to distressed timber floors and exposed brick interiors that evoke warmth and substance. The main lounge and formal dining areas centre around a gorgeous bluestone fireplace and open directly to the back deck, while a 2nd living area with a Coonara and meals area adjoin the kitchen.

Read the full description

Expressing sheer elegance, the French Provincial kitchen showcases swathes of granite accompanied by soft-close drawers, a 900 mm Smeg upright oven, and Miele dishwasher, complemented by panoramic windows overlooking the pool and valley beyond. Meanwhile, a large family/rumpus room off the primary accommodation wing includes a custom built-in desk for home office use, handy 3rd bathroom, and separate deck access.

Accommodation includes five generous bedrooms, each carpeted and robed, and capturing garden or district views. The master retreat includes a walk-in robe and a luxe ensuite in a classic monochromatic scheme with a twin vanity and a double shower. The central bathroom expresses the same classic theme and includes a clawfoot bath.

The residence is enveloped by outdoor entertaining areas of scale and quality. The back deck is enclosed by frameless glass fencing and overlooks the stunning mineral water pool which includes LED lights and heat pumps. Featuring a full outdoor kitchen with, double size sink, 6-burner BBQ with wok burner, ceramic heaters, power, lighting, and bistro blinds, it's the ultimate outdoor entertaining domain. Complimented by the adjoining bar with stone top and surrounds, LED lighting, bin drawers, integrated dishwasher and drop down T.V. this is an entertainers delight. The verdant grounds also include a firepit zone with extra features including commercial-grade ducted reverse cycle air conditioning operated via phone, a concealed pool roller cover, and underdeck storage.

A separate double garage with a fully insulated and fan-ventilated rear studio space and space heaters offers gym potential all year round

Infrastructure is 1st class, including an 18 x 6m shed with LED lighting, separate water tank and hot water unit, multiple power points, full height double sliding doors and laser light sheeting and a stunning view of the valley through the double glazed windows, 2 x 35,000L water tanks and extensive roof catchment, 2 garden sheds, a doghouse, several paddocks with water points trenched through and a chook shed with water supply.

Safety and security is provided by an electric start backup generator, secure electric gate entry, motion activated floodlights at the house and the shed, 7 x security cameras accessed via phone with hard drive backup, a 30 metre fire hose reel at each end of the home that are fed by the electric start fire pump

Privately positioned and surrounded by abundant wildlife, this remarkable holding is only a short drive to Riddells Creek and New Gisborne townships - offering an unmatched lifestyle that blends rural privacy with absolute contemporary amenity.

Listing description written by Matthew Makin, Woodards Sunbury — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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