Districts
SuburbsBlogSearch
|My DistrictsMy AreasSavedAlerts
Sign inGet started
Districts
SuburbsBlogSearch
|My DistrictsMy AreasSavedAlerts
Sign inGet started

VIC › Smythes Creek › Bells Rd

479 Bells Rd, Smythes Creek VIC 3351

For saleHouse for Sale

$950,000

For sale

Asking

6

Bedrooms

3

Bathrooms

4

Car spaces

28,327.995 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this ask?

  • FactListed for sale, asking $950,000(Listing record · 10 Aug 2026)
  • FactLand 28,328 m²; no building size recorded.(Property record)
  • CalculationAsk is 51% above the Smythes Creek median recorded sale ($630,000, n=33, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Smythes Creek's advertised median rent ($497/wk), implied gross yield would be 2.72% — 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

$950,000

Asking · $34/m² of land

No recorded sale for this property.

Smythes Creek at a glance

3,083

People

$630,000

Median sale

$497/wk

Median rent

4.10%

Suburb gross yield

Median sale from 33 recorded sales (last 12 months) — a Districts calculation.

See the full Smythes Creek report →

Vs Smythes Creek

+50.8%

Median sale

Suburb $630,000

-1.38 pp

Gross yield

Suburb 4.10%

Suburb median $630,000 from 33 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$950,000
Stamp Duty (Victoria)
$52,070
Transfer/Registration Fee
$2,327
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
$1,008,097

$58,097 on top of the price (6.1% 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

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

Net yield
1.22%
Annual cashflow (pre-tax)
$-37,806
Interest cover (DSCR)
0.23
Annual rent
$25,844
Operating expenses
$14,250
Loan amount
$760,000
Annual interest
$49,400
Gross yield
2.72%

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$950,000available10 Aug 2026

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 $497/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 2.7%. 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

Smythes Creek in one glance

Smythes Creek at a glance

3,083

People

$630,000

Median sale

$497/wk

Median rent

4.10%

Suburb gross yield

Median sale from 33 recorded sales (last 12 months) — a Districts calculation.

See the full Smythes Creek report →

Keep researching

  • Why Smythes Creek? Read the area thesis →
  • What else is on the market in Smythes Creek →
  • Other records on Bells Rd →

Listing material

Listed by PRD Ballarat

Two Homes, Over 7 Acres & A Truly Special Country Lifestyle

Set across more than 7 acres of beautiful land, 479 Bells Road presents an exceptional opportunity to secure a substantial property with not one, but two separate dwellings, surrounded by established gardens, parkland, a seasonal creek and the space and freedom that only a property of this size can provide.

The main residence is an impressive, generously proportioned home offering four bedrooms, an office and an abundance of living space, making it perfectly suited to a large family or those who simply appreciate having room to spread out. There is a wonderful sense of character throughout the home, with its sizeable rooms and distinctive living spaces giving it a personality of its own.

The master bedroom is particularly appealing, featuring a walk-in robe and an updated ensuite with twin vanity, spa bath, shower and enclosed toilet. The second bathroom includes a shower, vanity and toilet.

Read the full description

The home offers an exceptional selection of living areas, including a large family room, formal dining room, sunken conversation pit, additional lounge and an open living area near the kitchen. There is also an office, ideal for working from home, studying or running a business, while a separate kitchenette area at the opposite end of the house adds another layer of practicality and flexibility.

The main kitchen is generous and functional, with plenty of bench space, dishwasher, electric oven and cooktop, providing ample room for family meals and entertaining.

Comfort is well catered for with multiple split system units, along with a wood fire that adds warmth and atmosphere during the cooler months.

Adding enormous appeal and versatility is the property's second dwelling. This separate two bedroom unit provides an ideal solution for extended family, guests, teenagers or those wanting additional accommodation while maintaining privacy from the main home.

The unit includes two bedrooms, a living area with split system heating and cooling, kitchen with electric oven and cooktop, bathroom with shower and vanity, separate toilet, connected carport, its own enclosed yard and private shed.

Having two genuine dwellings on more than 7 acres is a significant advantage and gives this property possibilities that are simply not available with a conventional family home.

Outside, the acreage is every bit as impressive.

The land is beautifully established, with parkland style gardens, mature surrounds and fencing in good order. There is an abundance of space to enjoy the country lifestyle, whether you have animals, love gardening, want room for the family to explore or simply appreciate the peace and privacy that comes with acreage.

A seasonal creek runs through part of the property, creating a picturesque natural feature, complete with a bridge and vehicle crossing. The grounds also include a winery area, adding another unique and enjoyable element to this very special property.

A substantial garage positioned nearby measures approximately 10m x 7m and provides excellent additional space for vehicles, machinery, storage or a workshop. It features two roller doors, concrete flooring and power.

There is so much to appreciate here, from the scale and character of the main residence, to the flexibility of the separate two bedroom dwelling, the established gardens and the beautiful acreage itself.

And despite its peaceful rural feel, the property is exceptionally convenient, located approximately 5 minutes from Delacombe Town Centre and only 15 minutes from Ballarat.

479 Bells Road is a property that offers space, flexibility and character in equal measure. Two homes, more than 7 acres of beautiful land and a lifestyle opportunity that is becoming increasingly difficult to find.

Ballarat's Best-Selling-Team

Listing description written by Jake Clark, PRD Ballarat — reproduced as published, not verified by Districts.

Also look at

Also for sale in Smythes Creek

  • 84 Kensington Blvd, Smythes Creek VIC 3351

    4-bed house. Asking $650K.

    For sale
  • 23 Plymouth Way, Smythes Creek VIC 3351

    4-bed house. Asking $650K.

    For sale
  • 62 Cherry Flat Rd, Smythes Creek VIC 3351

    4-bed house for sale. Asking $630K–$670K.

    For sale
  • 80 Kirkwood Dr, Smythes Creek VIC 3351

    4-bed house. Asking $940K–$990K.

    For sale
Districts

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

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.