South Morang at a glance
26,373
People
$709,750
Median sale
$551/wk
Median rent
4.04%
Suburb gross yield
Median sale from 10 recorded sales (last 24 months) — a Districts calculation.
VIC › South Morang › Leonie Cl
$650,000
Last sold
17 Feb 2020
4
Bedrooms
3
Bathrooms
2
Car spaces
28 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
$650,000
17 Feb 2020 · derived via latest_sale
South Morang at a glance
26,373
People
$709,750
Median sale
$551/wk
Median rent
4.04%
Suburb gross yield
Median sale from 10 recorded sales (last 24 months) — a Districts calculation.
Vs South Morang
-8.4%
Median sale
Suburb $709,750
+0.37 pp
Gross yield
Suburb 4.04%
Suburb median $709,750 from 10 recorded sales (last 24 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 $551/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
South Morang at a glance
26,373
People
$709,750
Median sale
$551/wk
Median rent
4.04%
Suburb gross yield
Median sale from 10 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by Como Real EstateLuxury appointed family home that has been customised to cater for extended family living. Bathed in natural light, high ceilings throughout, warm interior, stone benchtops, its versatile to allow for multiple living and conversions to extra bedroom and bathroom downstairs.
Situated within walking distance to South Morang & Marymede primary and secondary, Gorge Road & Axis shopping centres, short commute to Westfield & South Morang train station, bus routes to RMIT, La trobe train stations to CBD and beyond it doesn't get any more central than this.
Four bedrooms plus upstairs study/retreat further enhances the options available to suit most family dynamics. Spacious main bedroom has an ensuite with double vanity and a huge walk in robe.
other bedrooms with built in robes situated all upstairs. Downstairs there is an option for an extra bedroom in the extended living area if required with bathroom facilities available.
Separate front lounge greets you upon entry with a Victorian Ash timber staircase as a feature. Stunning two pac kitchen with waterfall Caesarstone 40ml benchtop, large stainless steel appliances, including dishwasher. extensive cabinetry in kitchen extends to bar in living area.
Features include, evaporative cooling, ducted heating throughout, terracotta tiles,concealing wiring & 4 Tv points,satelite TV, flyscreens, light fittings, alarm,CCTV, huge wrap around pergola area with two natural gas points for easy bbq connection, extensive paving around the whole home, sensor lighting Solar panel electricity .72 c pkw and water tank connected to services make this a very affordable energy efficient home. Tropical landscaped gardens add to the ambience and appeal, inspection a must!
Listing description written by Arthur Dislakis, Como Real Estate — reproduced as published, not verified by Districts.