Invermay Park at a glance
2,001
People
$671,500
Median sale
$415/wk
Median rent
3.21%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
VIC › Invermay Park › Club Cres
$960,000
Last sold
3 Feb 2020
6
Bedrooms
3
Bathrooms
6
Car spaces
3,500 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
$960,000
3 Feb 2020 · derived via latest_sale
Local land rate: recorded House sales in Invermay Park (last 5 years) with land size have a median of $777/m² of land (n=48). Districts calculation from recorded sales — not a valuation.
Invermay Park at a glance
2,001
People
$671,500
Median sale
$415/wk
Median rent
3.21%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
Vs Invermay Park
+43.0%
Median sale
Suburb $671,500
-0.96 pp
Gross yield
Suburb 3.21%
Suburb median $671,500 from 14 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 $415/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
Invermay Park at a glance
2,001
People
$671,500
Median sale
$415/wk
Median rent
3.21%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harcourts BallaratTucked away in the sought-after northern location, this quality built 6-bedroom family home is sure to impress all. Built by the well-known Greg Smith, the spacious home boasts 6 bedrooms, 3 bathrooms and three large living zones. The double storey home has central heating throughout, large decked verandah around the upper level and spectacular views over the CBD. Originally part of the Midlands Golf Course you have the luxury of the 3rd hole being on your boundary making it ideal to get a quick 9 holes in after work. You'll love entertaining on the massive Merbau decked area whilst enjoying the low maintenance gardens and massive area for the kids to play. Other features of this amazing property include oversized double garage, Jarrah hardwood timber floors, dog run, secure fencing plus much, much more. The location of this property cannot be overrated, being just 500 metres to the supermarket, chemist, coffee shop and bus stop and just 4 minutes to Lake Wendouree and Ballarat Grammar. With gorgeous cafes and pubs such as The Local, Tin Roof Cafe, Bodega Café and Macarthur Street Larder in the immediate area you will truly love the lifestyle offered by this incredible property. There is so much potential here especially with the potential of development (STCA) it's certainly worth your interest. Call today to find out more.
* This information has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies. Accordingly, all interested parties should make their own inquiries to verify the information.
Listing description written by Tim Menz, Harcourts Ballarat — reproduced as published, not verified by Districts.
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