Spring Gully at a glance
3,085
People
$700,000
Median sale
$460/wk
Median rent
3.42%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
VIC › Spring Gully › Spring Gully Rd
4
Bedrooms
2
Bathrooms
2
Car spaces
1,011 m²
Land
262 m²
Building
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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Spring Gully (last 5 years) with land size have a median of $872/m² of land (n=88). Districts calculation from recorded sales — not a valuation.
Spring Gully at a glance
3,085
People
$700,000
Median sale
$460/wk
Median rent
3.42%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
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 $460/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
UnknownArea
Spring Gully at a glance
3,085
People
$700,000
Median sale
$460/wk
Median rent
3.42%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ollie James Real EstateJust 4 kms from Bendigo, nestled behind a row of established ornamental pear trees, is the perfect family home.
The Spring Gully location provides a balance of environment and lifestyle with scenic walking tracks, recreational reserves and bushland. Convenient amenities including The General Store Cafe, One Tree Hill Hotel and Spring Gully Primary School complement the community appeal.
Add to this a well-appointed modern home purpose built for comfortable family living on a large block of 1011m2 and you’re living the dream.
Features of the home include:
- An open plan kitchen, dining and family room. The kitchen is comprised of a 900mm Smeg brand stainless-steel electric oven with gas cooktop, stone benchtops, dishwasher and plenty of cupboard space.
- Beyond the family room is the rumpus room with gas log fire and access to the decked outdoor area.
- The master suite has a walk-in robe and ensuite with double vanity and oversized shower. The 3 remaining bedrooms adequately accommodate queen size beds and have their own built-in robes.
- There’s also a leisure room that could be used as another living area/sitting room, a study, kids retreat or even as a guest room.
- The main bathroom is conveniently situated close to the bedrooms and contains a shower, vanity and bath.
- The laundry has a broom closet, cupboards as well as direct access to the backyard.
- Ducted evaporative air conditioning and gas ducted heating keep the climate perfect throughout the year.
- A raised deck area with overhead sail is a beautiful spot to enjoy the morning sun or to entertain during the warmer months. From here you can watch the kids playing in the backyard and enjoy the views of gum trees on the horizon.
- The backyard not only has low maintenance established gardens but a veggie garden, fire pit with surrounding bench seats and still plenty of space left for a pool and/or a shed.
- A double garage with remote control panel door and personal access doors to inside the house and to the backyard.
- A hardwired security system with multiple movement sensors throughout the house is added safety and peace of mind.
- Public transport is also convenient. A bus stop is less than 100 meters along Spring Gully Rd.
A large family home in the ideal family location and available now with vacant posession. Contact us now to arrange your private inspection or come along to the next open house.
Ollie James Real Estate 0480 322 896.
Listing description written by Danny Crowle, Ollie James Real Estate — reproduced as published, not verified by Districts.
Victoria 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.