Forest Hill at a glance
11,357
People
$950,000
Median sale
$577/wk
Median rent
3.16%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
VIC › Forest Hill › Lernes St
$1,001,500
Last sold
26 June 2021
3
Bedrooms
1
Bathrooms
1
Car spaces
592 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
$1,001,500
26 June 2021 · derived via latest_sale
Local land rate: recorded House sales in Forest Hill (last 5 years) with land size have a median of $1,932/m² of land (n=41). Districts calculation from recorded sales — not a valuation.
Forest Hill at a glance
11,357
People
$950,000
Median sale
$577/wk
Median rent
3.16%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
Vs Forest Hill
+5.4%
Median sale
Suburb $950,000
-0.16 pp
Gross yield
Suburb 3.16%
Suburb median $950,000 from 5 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 $577/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
Forest Hill at a glance
11,357
People
$950,000
Median sale
$577/wk
Median rent
3.16%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Jellis Craig Forest HillVirtual Inspection;
https://www.youtube.com/watch?v=D97vqvgzylw
Wonderfully restored and occupying a sizeable 591m² block, this updated classic brick veneer home presents a delightful blend of original charm and modern day comforts, blending the warmth of timber flooring and the effortless flow of natural light streaming through gloriously large windows. Favourably positioned, convenience is only footsteps away, walking distance to Brenton Square for shops, cafes and a reliable bus network, Forest Hill Reserve and Aqua Link Nunawading.
A well thought out floor plan provides for easy everyday movement whilst tasteful updates keep the home current, fresh and a joy to live in. Comprising 3 bedrooms, 2 with built-in robes, and a bedroom with its own sunroom complete with garden views! An updated central bathroom is equipped with a modern vanity, shower and relaxing bathtub, servicing the home with ease.
Internal double glass doors unveil an inviting, cosy lounge room featuring a gas heater framed by a mantle and inbuilt shelving, while the dining and kitchen area is refreshingly bright. The newly renovated kitchen presents itself with a sleek, contemporary design boasting stone benchtops, stainless steel appliances and stylish tiled splashback, a haven for you to enjoy while preparing wholesome, home cooked meals.
Nestled within a quiet tree-lined street and privately set back, taking advantage of an extended driveway and lock-up garage for secure off-street parking and north-facing backyard. This property is surrounded by parklands and quality schools, walking distance to Parkmore Primary, St Timothy's Primary, and just a short distance to Vermont Primary & Vermont Secondary schools, Forest Hill Chase and Nunawading Station.
This beautiful home is perfectly positioned for growing families to enjoy for many years to come.
Listing description written by Hugh Francis, Jellis Craig Forest Hill — reproduced as published, not verified by Districts.