Nyora at a glance
1,621
People
$926,000
Median sale
$483/wk
Median rent
2.71%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
VIC › Nyora › Forster Dr
$875,000
Last sold
28 Apr 2023
8
Bedrooms
3
Bathrooms
2
Car spaces
12,140.569 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
$875,000
28 Apr 2023 · derived via latest_sale
Local land rate: recorded House sales in Nyora (last 5 years) with land size have a median of $168/m² of land (n=33). Districts calculation from recorded sales — not a valuation.
Nyora at a glance
1,621
People
$926,000
Median sale
$483/wk
Median rent
2.71%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Vs Nyora
-5.5%
Median sale
Suburb $926,000
+0.16 pp
Gross yield
Suburb 2.71%
Suburb median $926,000 from 15 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 $483/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
Nyora at a glance
1,621
People
$926,000
Median sale
$483/wk
Median rent
2.71%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Barry Plant KorumburraSet on a whopping 11840sqm block (3 acres approx) sits this enormous home - A dual residence with 2 fully equipped adjoining homes totalling 8 bedrooms, 3 bathrooms, 4 living areas and a tonne of other things! This home is truly one of a kind, big enough for the largest family, or perfect to buy with the extended family and share.
1 side consists of a large sunken lounge with wood fire and adjacent formal dining area. A large kitchen with 900mm free-standing stove, dishwasher, heaps of bench space and plentiful cabinetry and an open plan meals area with doors out to the rear deck.
4 bedrooms including a master with ensuite are complemented by a second living zone and a large family bathroom with spa bath.
Down the other end you'll find a second fully-equipped kitchen with 900mm free-standing stove, walk-in pantry and heaps of prep space. A large family room with wood fire, 4 more bedrooms plus a study and an additional bathroom.
Outside there are multiple paddocks, a round yard and a big back yard for the kids or the dog.
The addition of an inground pool with all updated sand filter and spa bath will keep the family happy in summer - and the 20 panel solar system will keep the cost of living down.
This home is really a 'must inspect' it has had 2 families living very comfortable and happy just how it is, or you could let your imagination run wild and renovate it into something truly spectacular. The sky is the absolute limit with this one.
All set on 3 acres of LD Res this land can also be subdivided (STCA) and sold off separately - making this property a fantastic buy and a very savvy investment for anyone looking for their own space, or something to cash in on and make a profit.
Call Jo Spencer on 0403 946 555 for more information.
Please note: Photo ID is required for all inspections.
Listing description written by Joanne Spencer, Barry Plant Korumburra — reproduced as published, not verified by Districts.