Derrimut at a glance
8,944
People
$835,000
Median sale
$494/wk
Median rent
3.08%
Suburb gross yield
Median sale from 47 recorded sales (last 12 months) — a Districts calculation.
VIC › Derrimut › Grosvenor Cres
$908,000
Last sold
30 Aug 2022
4
Bedrooms
2
Bathrooms
2
Car spaces
542 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
$908,000
30 Aug 2022 · derived via latest_sale
Local land rate: recorded House sales in Derrimut (last 5 years) with land size have a median of $1,624/m² of land (n=103). Districts calculation from recorded sales — not a valuation.
Derrimut at a glance
8,944
People
$835,000
Median sale
$494/wk
Median rent
3.08%
Suburb gross yield
Median sale from 47 recorded sales (last 12 months) — a Districts calculation.
Vs Derrimut
+8.7%
Median sale
Suburb $835,000
-0.25 pp
Gross yield
Suburb 3.08%
Suburb median $835,000 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 $494/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
Derrimut at a glance
8,944
People
$835,000
Median sale
$494/wk
Median rent
3.08%
Suburb gross yield
Median sale from 47 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White West RealtyPositioned on an elevated block sits this beautifully maintained, owner-built residence that offers spacious interiors with a high level of presentation. A flowing floor plan seamlessly blends formal and informal living with entertaining options that cater superbly for today’s lifestyle expectations. Highlighted by high ceilings, porcelain tiled flooring and a stunning kitchen, you’ll be sure to be impressed!
Beyond the lush lawns and dramatic Façade, the home beckons with a front formal living area and home office/potential 5th bedroom. The rear of the property is where the home comes to life with a stunning family domain separated into 3 different zones – 2 living areas and a dining area highlighted by a gas fireplace in the centre. The stunning chef’s kitchen dominates the space with it’s statement Ceaser stone black benchtops, stainless steel appliances and walk in butler’s pantry. Bifold doors lead out to the outdoor entertaining zone – an undercover alfresco extends out to a pergola allowing for a separate outdoor dining/living area. with its green lawns and fruit trees, the backyard is the perfect space for the whole family to enjoy!
The master bedroom is accompanied by a large Walk-in robe and stunning ensuite featuring porcelain tiles, separate shower and spa bath, perfect to wind down at the end of a long day. Three remaining bedrooms are fitted with built in robes, serviced by a sparkling central bathroom, once again accompanied by porcelain tiles, separate shower and a second spa bath.
THE THINGS YOU’LL LOVE:
542sqm land | Custom Built | Wide entrance foyer | Porcelain tiles | High ceilings | Down lights throughout | Window furnishings throughout | 40mm Ceaser stone kitchen benchtops | 900mm lLVE oven | Stainless steel dishwasher | Fully fitted laundry | Walk in linen closet | Robes fitted throughout home | Internal access to garage | Ducted heating | Evaporative cooling | Recessed custom wall features throughout the house | Alarm system | Intercom system | Solar panels | Landscaped front/rear yard | Fruit trees
Positioned within close proximity to Derrimut Shopping Village, local schools, childcare centres, Derrimut golf course, local parklands, public transport and within close commute to Melbourne CBD!
Listing description written by Victor Stassinis, Ray White West Realty — reproduced as published, not verified by Districts.
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