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VIC › Seddon › Hobbs St

50 Hobbs St, Seddon VIC 3011

For saleHouse for Sale

$1,850,000–$2,000,000

For sale

Asking range

4

Bedrooms

2

Bathrooms

2

Car spaces

650 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,850,000–$2,000,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,850,000–$2,000,000(Listing record · 25 Aug 2026)
  • FactLand 650 m²; no building size recorded.(Property record)
  • CalculationAsk is 68% above the Seddon median recorded sale ($1,100,000, n=49, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Seddon's advertised median rent ($582/wk), implied gross yield would be 1.64% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$1,850,000–$2,000,000

Asking range · $2,846/m² of land

No recorded sale for this property.

Seddon at a glance

5,447

People

$1,100,000

Median sale

$582/wk

Median rent

2.75%

Suburb gross yield

Median sale from 49 recorded sales (last 12 months) — a Districts calculation.

See the full Seddon report →

Vs Seddon

+68.2%

Median sale

Suburb $1,100,000

-1.11 pp

Gross yield

Suburb 2.75%

Suburb median $1,100,000 from 49 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$1,850,000
Stamp Duty (Victoria)
$101,750
Transfer/Registration Fee
$3,614
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,959,064

$109,064 on top of the price (5.9% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

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.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Seddon's advertised median rent — not a rent for this listing.

Net yield
0.14%
Annual cashflow (pre-tax)
$-93,686
Interest cover (DSCR)
0.03
Annual rent
$30,264
Operating expenses
$27,750
Loan amount
$1,480,000
Annual interest
$96,200
Gross yield
1.64%

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.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$1,850,000–$2,000,000available25 Aug 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $582/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 1.6%. 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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Seddon in one glance

Seddon at a glance

5,447

People

$1,100,000

Median sale

$582/wk

Median rent

2.75%

Suburb gross yield

Median sale from 49 recorded sales (last 12 months) — a Districts calculation.

See the full Seddon report →

Keep researching

  • Why Seddon? Read the area thesis →
  • What else is on the market in Seddon →
  • Other records on Hobbs St →

Listing material

Listed by Jas Stephens Real Estate

The Perfect Family Home In An Outstanding Seddon Location

• Beautifully updated and extended four-bedroom, two-bathroom period home set on a 650sqm* allotment in a coveted pocket of sought-after Seddon

• An unmissable opportunity for families seeking a spacious city-fringe home on a large allotment

• Quiet, tree-lined street + community-minded, family-friendly neighbourhood

Read the full description

• North-facing orientation with a deep front garden and brick-paved path winding through leafy landscaping

• Huge family backyard with paved entertaining patio, established gardens and a shed

• Spacious open-plan living showcasing generous family and dining zones joined by a well-appointed family kitchen with walk-in pantry

• Sunny formal lounge, offering the enviable flexibility of a second living area

• Master bedroom with built-in robe and modern ensuite

• Three additional bedrooms with built-in robes

• Large family bathroom with shower and bathtub

• Neat walk-in laundry + linen closet

• Ducted heating + Rinnai space heater + split-system

• High decorative ceilings + retained heritage features

• Quality floor treatments throughout, including timber and floating floorboards

• Secure garage via rear laneway access

Ideally positioned for relaxed family living, this north-facing four-bedroom, two-bathroom home occupies a substantial 650sqm* in a friendly and highly sought-after pocket of Seddon. Thoughtfully updated and extended for immediate comfort and exceptional flexibility, it offers a superb family environment, complemented by expansive front and rear gardens that promise an enviable outdoor lifestyle.

Tucked behind a classic picket fence and leafy front garden, the home exudes timeless charm from the outset. A brick-paved path winds through the tranquil garden to the discreet entrance, where original features, generous proportions, tasteful contemporary updates and a calming colour palette create an instantly inviting atmosphere.

The formal lounge provides a peaceful retreat, with corner windows framing garden views and a soaring ceiling enhanced by decorative plasterwork. At the heart of the home, a seamless extension creates an expansive open-plan living and dining domain, centred around a well-appointed family kitchen with a walk-in pantry and handy breakfast bar.

Sliding doors open to a brick-paved patio, creating an effortless connection between indoors and out. Beyond, the spacious north-facing garden is a true family haven—beautifully landscaped, lovingly maintained and wonderfully large, providing plenty of room for children to run and play. A garden shed adds practicality, while the secure garage/workshop, complete with rear laneway access, delivers valuable versatility.

Four generous bedrooms, each with built-in robes, provide comfortable retreats, including a spacious master bedroom with a stylish modern ensuite featuring chic matte-black tapware. The remaining bedrooms are serviced by an enviably large family bathroom, conveniently positioned for easy access from the open-plan living areas.

A neat walk-in laundry completes the floorplan, while ducted heating, split-system air conditioning and a Rinnai space heater in the formal lounge ensure year-round comfort.

Much-loved and clearly cherished, this is a home where generations of family memories have been made—and now it’s ready to welcome its next chapter. With such generous land, wonderful flexibility and an enviable location so close to the city, opportunities of this calibre are increasingly rare. Don’t miss your chance to inspect.

Why you’ll love this location:

Perfectly positioned on a quiet, tree-lined street in a tightly held pocket of Seddon, this location is ideal for those seeking the perfect combination of a family-friendly community, walk-to-everything convenience and easy city access. Despite being just 7.4km* from the heart of Melbourne’s CBD, this address offers a charming, relaxed village lifestyle and a genuinely community-minded neighbourhood with friendly neighbours, local businesses and a choice of schools within strolling distance of home.

Stroll to the heart of Seddon Village in just two minutes* to enjoy its great selection of cosy cafes, inviting restaurants, gourmet grocers and friendly boutiques. Walk to Advieh or Fig & Walnut for an indulgent weekend brunch and enjoy walking distance proximity to Yarraville Village, where more great coffee, dining and shopping await and the iconic Sun Theatre promises a movie night in style.

Lovely Harris Reserve is only footsteps from home, while the choice of parks and gardens also within walking distance includes Yarraville Gardens and Mappin Reserve, ensuring a wonderful outdoor lifestyle at your fingertips. Families will appreciate the walk-to-school mornings, with Footscray High School, Footscray City Primary School and St Augustine’s Primary School all within an easy stroll of home, while the four-minute* walk to Seddon Station ensures easy city access.

*Approximate

Listing description written by Elise Nemer, Jas Stephens Real Estate — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.