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VIC › Watsonia North › Edmund Rice Pde

49 Edmund Rice Pde, Watsonia North VIC 3087

House

$1,500,000

Last sold

17 Oct 2022

4

Bedrooms

2

Bathrooms

2

Car spaces

616 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,500,000 (17 Oct 2022).(Recorded sale)
  • FactLand 616 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Watsonia North (last 5 years) with land size: median $1,598/m² of land (n=94). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

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

What this lot has actually traded at

Last sold

$1,500,000

17 Oct 2022 · derived via latest_sale

Local land rate: recorded House sales in Watsonia North (last 5 years) with land size have a median of $1,598/m² of land (n=94). Districts calculation from recorded sales — not a valuation.

Watsonia North at a glance

3,785

People

$975,000

Median sale

$540/wk

Median rent

2.88%

Suburb gross yield

Median sale from 27 recorded sales (last 12 months) — a Districts calculation.

See the full Watsonia North report →

Vs Watsonia North

+53.8%

Median sale

Suburb $975,000

-1.01 pp

Gross yield

Suburb 2.88%

Suburb median $975,000 from 27 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

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. Sold$1,500,00017 Oct 2022
  2. Listedprice unknowncompleted16 Sept 2022

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 $540/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

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

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

Watsonia North in one glance

Watsonia North at a glance

3,785

People

$975,000

Median sale

$540/wk

Median rent

2.88%

Suburb gross yield

Median sale from 27 recorded sales (last 12 months) — a Districts calculation.

See the full Watsonia North report →

Keep researching

  • Why Watsonia North? Read the area thesis →
  • What else is on the market in Watsonia North →
  • Other records on Edmund Rice Pde →

Listing material

Listed by Barry Plant North Eastern Group

Sold by Walter Ortner 0412 371 899

Sold by Walter Ortner 0412 371 899

Built by the owner to exacting standards this beautiful home features all the hallmarks of Hamptons design and style including its gable roofline with dormer windows, soft grey exterior colour, the use of columns and stone work, shingle roof tiles and the wide open plan of the living space. The owners also chose to use windows and doors imported direct from America for added authenticity and the result is a truly gorgeous home and a real standout in the neighbourhood. There is so much that is appealing about this home from the superb leadlight front door with its clear bevelled edge glass to the soaring ceilings in the 4 bedrooms including the downstairs master with fitted walk-in robe and tiled ensuite, to the way the living space opens up from the entrance foyer and extends outside where the white columns that support the arbor over the patio add an unexpected charm. An ideal home for entertaining with a genuinely spacious living and dining room that enjoys the ambience of a Canterbury gas fire, the kitchen with its Miele cooktop, Bosch oven and dishwasher, generous bench space and ample storage including appliance cupboard & walk-in pantry, and to the rear, through double doors, a family room. Timber stairs lead to the upper level where the 3 robed bedrooms share a 2-way central bathroom with bath and shower and the recesses created by the dormer windows make ideal study areas with their view out to the street below.

Finished in neutral tones throughout, this beautifully presented home includes a host of features such as hydronic heating and evaporative cooling for year-round family comfort, ducted vacuum with vacpan outlet in the kitchen, highly polished spotted gum flooring, powder room, high quality fittings, fixtures and drapes, 9000 litres of tank water, sprinkler system, direct access from the double auto garage with rear roller door. There is also a garden shed built in the Hamptons style.

Read the full description

Ideally situated just minutes away from an array of schools including Watsonia North Primary School, Greensborough Secondary College, Loyola and Parade Colleges, as well as the retail precincts of Bundoora Square and Greensborough Plaza. Walking distance from Binnak Park and a stop for the 566 bus (RMIT and Latrobe University).

Listing description written by Walter Ortner, Barry Plant North Eastern Group — reproduced as published, not verified by Districts.

Property features

  • Living Areas: 3
  • Study
  • Toilets: 3

Also look at

Also for sale in Watsonia North

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  • 6 Bentley Ct, Watsonia North VIC 3087

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  • 6 The Crest, Watsonia North VIC 3087

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Districts

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

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