Wyndham Vale at a glance
26,821
People
$600,000
Median sale
$462/wk
Median rent
4.00%
Suburb gross yield
Median sale from 95 recorded sales (last 12 months) — a Districts calculation.
VIC › Wyndham Vale › Stream Rd
$2,100,000
Last sold
17 Jan 2025
6
Bedrooms
3
Bathrooms
4
Car spaces
4,126 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
$2,100,000
17 Jan 2025 · derived via latest_sale
Local land rate: recorded House sales in Wyndham Vale (last 5 years) with land size have a median of $1,304/m² of land (n=61). Districts calculation from recorded sales — not a valuation.
Wyndham Vale at a glance
26,821
People
$600,000
Median sale
$462/wk
Median rent
4.00%
Suburb gross yield
Median sale from 95 recorded sales (last 12 months) — a Districts calculation.
Vs Wyndham Vale
+250.0%
Median sale
Suburb $600,000
-2.86 pp
Gross yield
Suburb 4.00%
Suburb median $600,000 from 95 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 $462/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
Wyndham Vale at a glance
26,821
People
$600,000
Median sale
$462/wk
Median rent
4.00%
Suburb gross yield
Median sale from 95 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harcourts Werribee VIC48 Stream Road, Wyndham Vale – A Prime Residential Opportunity
Discover 48 Stream Road, a rare 4,126sqm (Approx.) property located in the heart of the sought-after Parklane Gardens Estate. Offering unparalleled frontage to a pristine parkscape and direct access to Stream Road with a postie road linking to Tara Crescent, this site presents an exceptional opportunity for developers or home builders looking to make their mark in Wyndham Vale.
Key Highlights Include:
Expansive Land Size: Spanning 4,126sqm, this property provides ample space for a potential multi-dwelling development or a spacious single-family residence (STCA).
Desirable Frontage: Absolute park frontage offering scenic views and lifestyle appeal.
Strategic Location: Positioned within close proximity to the thriving Manor Lakes precinct, 48 Stream Road boasts seamless access to essential amenities:
800m to Wyndham Vale Train Station, ensuring effortless connectivity.
Adjoining major retail hubs, including Manor Lakes Shopping Centre, enhancing convenience for future residents. Bunnings and Medical Centre.
Development Potential: The property's zoning under the Urban Growth Zone (UGZ8) invites strategic residential development (STCA), supported by existing and upcoming infrastructure investments.
Accessibility: Excellent access via arterial roads, situated approximately 30km from Melbourne CBD and 26km from the Port of Melbourne, perfect for commuters and investors alike.
Future Growth Area: Located within Victoria's booming southwest growth corridor, an area marked by sustained residential expansion and high demand for quality living spaces.
Endless Potential in a Thriving Locale.
This property stands as a canvas ready to be transformed, whether into a unique, high-quality family home or a boutique residential development. While the existing structure may require attention, its solid foundation and prime location amplify its value. The estate's continued growth, coupled with its connection to local educational facilities and recreational options, strengthens 48 Stream Road's appeal as a premier real estate investment.
Secure Your Investment.
Offered by way of sealed Expressions of Interest you can be confident in your proposition for this property's blend of size, location, and development potential are rare in Wyndham Vale. Don't miss this opportunity to secure a foothold in one of Melbourne's fastest-growing residential areas.Contact us today to explore this property's potential.
Listing description written by Reece Beckley, Harcourts Werribee VIC — reproduced as published, not verified by Districts.