Heidelberg at a glance
7,993
People
$1,412,500
Median sale
$555/wk
Median rent
2.04%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
VIC › Heidelberg › Gloucester Dr
$1,320,000
Last sold
12 Oct 2024
3
Bedrooms
2
Bathrooms
2
Car spaces
591 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
$1,320,000
12 Oct 2024 · derived via latest_sale
Local land rate: recorded House sales in Heidelberg (last 5 years) with land size have a median of $2,151/m² of land (n=28). Districts calculation from recorded sales — not a valuation.
Heidelberg at a glance
7,993
People
$1,412,500
Median sale
$555/wk
Median rent
2.04%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
Vs Heidelberg
-6.5%
Median sale
Suburb $1,412,500
+0.15 pp
Gross yield
Suburb 2.04%
Suburb median $1,412,500 from 14 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 $555/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
Heidelberg at a glance
7,993
People
$1,412,500
Median sale
$555/wk
Median rent
2.04%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Miles Real Estate Ivanhoe & RosannaSOLD by Miles Real Estate. Come closer to Yarra River parklands, sporting fields and the Burgundy Street precinct with this enticing mid-century home positioned at the base of the hill for coveted family convenience within the Viewbank College and Banyule Primary catchment zone.
Set on an elevated block with established garden surroundings, this well-designed home with a side driveway and double garage is immediately welcoming with an undercover porch leading to a largely original and comfortable single-level interior. The layout is generous for a growing family and features three sizable bedrooms including built-in robes and centrally positioned bathrooms offering both a separate shower and bathtub. The living room exudes character with its stone-backed open fireplace and mirrored wall while large corner windows fill the space with natural light.
Further is a family meals area and delightful kitchen that leads to a light-filled rear family room with split-system air-conditioning that overlooks the garden and opens to an undercover entertainment terrace. Also includes a practical laundry with a separate shower and toilet, central heating, ducted vacuum, hidden hardwood floorboards ready for polishing and solar electricity to add cost-saving energy efficiency to the home. A grassy lawn and garden bathing in sunshine at rear is perfect for children and pets on an inviting 591m2 allotment (approx).
With the option to add a second storey if desired and capture potential views of the eastern ranges, this impressive property offers endless possibilities to modernize or rebuild (STCA) and truly make it your own close to schools, parklands, shopping precincts, buses, train station and the Austin Hospital.
Listing description written by Peter Scott, Miles Real Estate Ivanhoe & Rosanna — reproduced as published, not verified by Districts.