Mill Park at a glance
29,207
People
$762,500
Median sale
$512/wk
Median rent
3.49%
Suburb gross yield
Median sale from 10 recorded sales (last 24 months) — a Districts calculation.
VIC › Mill Park › Blackman Ave
$890,000–$979,000
For sale
Asking range
4
Bedrooms
2
Bathrooms
5
Car spaces
616 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
Asking
$890,000–$979,000
Asking range · $1,445/m² of land
No recorded sale for this property.
Mill Park at a glance
29,207
People
$762,500
Median sale
$512/wk
Median rent
3.49%
Suburb gross yield
Median sale from 10 recorded sales (last 24 months) — a Districts calculation.
Vs Mill Park
+16.7%
Median sale
Suburb $762,500
-0.50 pp
Gross yield
Suburb 3.49%
Suburb median $762,500 from 10 recorded sales (last 24 months) — a Districts calculation, not a portal figure.
Based on the low end of the asking range, not a contract price.
$54,357 on top of the price (6.1% extra)
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.
Based on the low end of the asking range, not a contract price.
Pre-filled with Mill Park's advertised median rent — not a rent for this listing.
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.
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 $512/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.
Gross yield if leased at the suburb aggregate is 3.0%. 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
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
Mill Park at a glance
29,207
People
$762,500
Median sale
$512/wk
Median rent
3.49%
Suburb gross yield
Median sale from 10 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by Nostro Real EstateTAKE A PEEK:
- An elevated Mill Park position just minutes to local amenities
- Set on an expansive 616sqm ( approx. ) block
- Superb uninterrupted City views from your private balcony
- Stables Shopping Centre & Westfield Plenty Valley nearby
- Family friendly floorplan with spacious living zones
- Ready to move in now but with endless future potential
- Constructed super strong on brick & concrete peers with steel beams
- Double brick home that is built to last
- Warmth, character and original charm in abundance
LOOK INSIDE:
- Wide street frontage with elevated front entry
- Spacious light filled formal lounge with timber flooring
- Adjoining bar area perfect for relaxing & family get togethers
- Three fully robed good size carpeted bedrooms
- Master bedroom complete with a walk-in robe and ensuite bathroom
- A 4th Bedroom or dedicated study offers working from home convenience
- Light filled fully tiled central bathroom offers walk in shower & single vanity
- Stylish timber kitchen offers multiple storage options & ample bench space
- Kitchen appliances include wall oven, gas cooktop, rangehood & dual chrome sink
- Open plan lounge & dining area features a cosy Coonara wood heater
- Outdoor balcony area offers wonderful views of the city skyline
- Basement / downstairs area of the home offers incredible under house storage
- A spacious rumpus area comes complete with personal kitchenette
- Large backyard abundant with veggie patches, rich soil & fruit trees
- Oversize single garage with ample off street parking for additional cars
- 5.1Kw Solar system invertor complete with 22 roof mounted solar panels
- Features include ducted heating, evaporative cooling, alarm & roller shutters
- Low-maintenance front garden across a large 616sqm (approx.)
THE AREA:
- Zoned under 'General Residential Zone - Schedule 1'
- Positioned within the Whittlesea Council
- Rivergum Village, Stables Shopping Centre & Westfield just minutes away
- Multiple Parks & recreations reserves just a short stroll
- Trains, buses & local transport options all within easy reach
- Childcare, Medical, cafes & shops all in abundance
- Multiple schools including Mill Park Primary & Mill Park Secondary College
THE CLOSER:
- Top-tier family living with sophisticated interiors & quality appointments
- Elevated Mill Park position, minutes to local amenities
- Set on an expansive 616sqm ( approx. ) block
- Multiple Parks & recreations reserves just a short stroll
- Trains, buses & transport options all within easy reach
- Rivergum Village, Stables Shopping Centre & Westfield just minutes away
- Childcare, Medical, cafes & shops all on your doorstep
- Abundant school options including Mill Park Primary & Mill Park Secondary College
- Uninterrupted City views from your private balcony
* NOTE : PHOTO I.D REQUIRED AT ALL OPEN FOR INSPECTIONS *
DISCLAIMER : Please note that all dimensions are approximate only and the particulars given are for information only & do not constitute any direct representation on the part of the agent or vendor. All interested parties are required to make their own direct enquiries to verify and confirm the information provided.
While every effort has been made to ensure the information provided is correct, NOSTRO Real Estate is not responsible for any inaccuracies.
https://www.consumer.vic.gov.au/duediligencechecklist
Listing description written by Matt Nostro, Nostro Real Estate — reproduced as published, not verified by Districts.