Heywood at a glance
1,773
People
$350,000
Median sale
$347/wk
Median rent
5.16%
Suburb gross yield
Median sale from 22 recorded sales (last 12 months) — a Districts calculation.
VIC › Heywood › Fitzroy St
$420,000
For sale
Asking
$230,000
Last sold
16 Apr 2020
3
Bedrooms
1
Bathrooms
2
Car spaces
1,000 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
$420,000
Asking · $420/m² of land
Last recorded sale $230,000 (16 Apr 2020).
Local land rate: recorded House sales in Heywood (last 5 years) with land size have a median of $304/m² of land (n=86). Districts calculation from recorded sales — not a valuation.
Heywood at a glance
1,773
People
$350,000
Median sale
$347/wk
Median rent
5.16%
Suburb gross yield
Median sale from 22 recorded sales (last 12 months) — a Districts calculation.
Vs Heywood
+20.0%
Median sale
Suburb $350,000
-0.86 pp
Gross yield
Suburb 5.16%
Suburb median $350,000 from 22 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$25,057 on top of the price (6.0% 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.
Pre-filled with Heywood'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 $347/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 4.3%. 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
Heywood at a glance
1,773
People
$350,000
Median sale
$347/wk
Median rent
5.16%
Suburb gross yield
Median sale from 22 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Assets Real EstateWelcome to 5 Fitzroy Street, Heywood – a charming 3-bedroom brick veneer home set on a generous 883m2 block. As you step inside, the polished timber flooring adds a touch of warmth to the inviting atmosphere that permeates most of the home. The recently updated kitchen boasts a stylish design and ample storage space, forming the heart of this residence. The classic layout includes a spacious kitchen and dining area with double-door access to a generously sized living space featuring reverse cycle air conditioning for year-round comfort.
A wide hallway with high ceilings guides you to the three bedrooms and the updated bathroom. The large master bedroom enjoys the luxury of its own reverse cycle air conditioning, while two of the three bedrooms come equipped with built-in robes. At the rear of the home, a west-facing sunroom beckons, leading to a paved undercover entertainment area – the perfect spot to unwind and enjoy the outdoors. The property also features a 10.5-meter by 4-meter single bay brick garage, complemented by an additional 4.4-meter by 4-meter Colorbond shed, providing ample space for storage and hobbies.
External highlights of this home include external window shutters on the front, offering both privacy and aesthetic appeal. The backyard is fully enclosed, providing a secure space for children and pets to play, surrounded by established gardens that add to the overall charm of the property. This residence at 5 Fitzroy Street is not just a house; it's a welcoming home with a perfect blend of modern updates and classic features. Don't miss the opportunity to make it yours!
Listing description written by Joshua Nash, Assets Real Estate — reproduced as published, not verified by Districts.
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