Weir Views at a glance
7,712
People
$610,000
Median sale
$426/wk
Median rent
3.63%
Suburb gross yield
Median sale from 152 recorded sales (last 12 months) — a Districts calculation.
VIC › Weir Views › Gillespie Dr
$555,000
Last sold
29 May 2026
4
Bedrooms
2
Bathrooms
2
Car spaces
360 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
$555,000
29 May 2026 · derived via latest_sale
Local land rate: recorded House sales in Weir Views (last 5 years) with land size have a median of $1,602/m² of land (n=116). Districts calculation from recorded sales — not a valuation.
Weir Views at a glance
7,712
People
$610,000
Median sale
$426/wk
Median rent
3.63%
Suburb gross yield
Median sale from 152 recorded sales (last 12 months) — a Districts calculation.
Vs Weir Views
-9.0%
Median sale
Suburb $610,000
+0.36 pp
Gross yield
Suburb 3.63%
Suburb median $610,000 from 152 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 $426/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
Weir Views at a glance
7,712
People
$610,000
Median sale
$426/wk
Median rent
3.63%
Suburb gross yield
Median sale from 152 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Bal Real Estate TruganinaSuren Babu and BAL Real Estate proudly present this beautifully maintained four-bedroom home at 47 Gillespie Drive, Weir Views, combining modern design, practical living, and a low-maintenance lifestyle. Perfectly suited to first-home buyers, families, downsizers, or anyone seeking comfort and convenience, this property sits on a 360sqm allotment within the highly sought-after Toolern Waters Estate.
Flooded with natural light, the open-plan living and dining area is enhanced by 2.5-metre high ceilings, creating a welcoming and spacious environment. The centrally positioned kitchen flows effortlessly to the alfresco and backyard, making entertaining simple while maintaining a practical, low-maintenance setup for everyday living.
Key Features:
• Four generously sized bedrooms
• Master bedroom with private en-suite and his/her robes
• Mirror robes to all other bedrooms
• Two modern bathrooms
• Open-plan living and dining area
Kitchen Highlights:
• 20mm stone benchtops
• Stainless steel appliances
• Tiled splashback
• Ample cupboard and bench space
Additional Features:
• Split-system air conditioning in the main living area
• Ducted heating throughout
• Blinds installed throughout
• 2.5-metre high ceilings
• Alfresco area and easy-care backyard
• Single-car garage with internal access
• Functional laundry with external access
• Still covered under the builder's warranty
Investor Appeal:
• Strong rental demand within WeirViews
• Low-maintenance, practical layout preferred by tenants
• Close to schools, shopping centres, public transport, and freeway access
• Ongoing infrastructure investment, including the future Melton Hospital
• Ideal set-and-forget investment with solid growth prospects
Location Highlights:
• Close to Toolern Waters Primary School
• Nearby: Al Iman College, Strathtulloh Primary School, Melton Christian College, and Staughton College
• Short drive to Opalia Shopping Centre and Woodgrove Shopping Centre
• Easy access to Melton Train Station
• Quick connectivity to the Western Freeway
• Surrounded by parks, walking trails, and family-friendly open spaces
For more information or to arrange your private inspection, contact Suren Babu on 0431 214 007 today.
Please Note:
Photo ID is required for all inspections.
All information is provided in good faith; prospective buyers should rely on their own enquiries.
Due Diligence Checklist: www.consumer.vic.gov.au/duediligencechecklist
Listing description written by Suren Babu, Bal Real Estate Truganina — reproduced as published, not verified by Districts.