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VIC › Mount Evelyn › Warrawee Rd

50 Warrawee Rd, Mount Evelyn VIC 3796

House

$1,170,000

Last sold

3 Apr 2022

4

Bedrooms

2

Bathrooms

4

Car spaces

2,265 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,170,000 (3 Apr 2022).(Recorded sale)
  • FactLand 2,265 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Mount Evelyn (last 5 years) with land size: median $824/m² of land (n=94). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

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

What this lot has actually traded at

Last sold

$1,170,000

3 Apr 2022 · derived via latest_sale

Local land rate: recorded House sales in Mount Evelyn (last 5 years) with land size have a median of $824/m² of land (n=94). Districts calculation from recorded sales — not a valuation.

Mount Evelyn at a glance

10,065

People

$894,000

Median sale

$574/wk

Median rent

3.34%

Suburb gross yield

Median sale from 21 recorded sales (last 12 months) — a Districts calculation.

See the full Mount Evelyn report →

Vs Mount Evelyn

+30.9%

Median sale

Suburb $894,000

-0.79 pp

Gross yield

Suburb 3.34%

Suburb median $894,000 from 21 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

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. Sold$1,170,0003 Apr 2022
  2. Listedprice unknowncompleted23 Mar 2022

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 $574/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

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

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

Mount Evelyn in one glance

Mount Evelyn at a glance

10,065

People

$894,000

Median sale

$574/wk

Median rent

3.34%

Suburb gross yield

Median sale from 21 recorded sales (last 12 months) — a Districts calculation.

See the full Mount Evelyn report →

Keep researching

  • Why Mount Evelyn? Read the area thesis →
  • What else is on the market in Mount Evelyn →
  • Other records on Warrawee Rd →

Listing material

Listed by Bell Real Estate Montrose

Bring the Family, the Pets & the Excitement + Huge Garage/Workshop with Self-Contained Potential

Set up life amongst the leafy green vistas and treetops of Mount Evelyn, surrounded by a majestic natural setting that includes palms, Japanese Maples and Jacaranda trees, whilst focusing on family lifestyle activities which includes a sparkling solar heated pool and spa, kids play area with slides and swings, a small, fenced paddock which would comfortably accommodate a goat or alpaca and access to local walking tracks, whilst cherishing regular visits from wildlife.

Although distracted by the stunning bush landscape, it’s easy to forget that you're just 5-minutes from the beating heart of the village, local schools and transport. It’s a neighbourhood where “everybody knows your name”, and a community which gathers to enjoy festivities like Easter egg hunts and yearly Christmas parties. The perfect setting to raise a family and a house that will see you through the toddler to teen stages.

Occupying a serene 2265m2 (approx) block, the four-bedroom home puts on an impressive front, showcasing two levels of flexible family living, including the main level that highlights cathedral ceilings and plenty of natural light. Flowing from the spacious lounge/dining room and into the casual retreat of the open plan kitchen and family/meals zone which embraces beautiful slate floors, stainless steel appliances and easy access to the wrap-deck outside, the floorplan also combines a rumpus room, the bedrooms including the large master retreat with sitting area, ensuite with upgrade potential, and the family bathroom on the same level.

Read the full description

Downstairs offers space, flexibility and potential to change-up to suit your needs. Currently featuring a four-car garage with a huge workshop with 15-amp power and benches, a gym or second rumpus room space, large laundry and two storerooms, it's a space that could quite easily be transformed into a self-contained living arrangement or to accommodate a home-based office.

Talking Points:

● Majestic bush setting yet so close to family amenities

● Spacious family living with four bedrooms, two bathrooms and three living zones on the main level.

● Flexible lower-level garage/workshop/man-cave - currently presented as a gym with rumpus potential with storage rooms and laundry - option to transform into a self-contained unit for teens/grandparent/home-based office with the laundry plumbing already in place.

● Large 2265m2 (approx) block with fenced paddock to accommodate a goat/alpaca

● Solar heated swimming pool and spa which have been recently repainted with a fresh and enticing look.

● 4000 litre water tank, NBN connection, two driveways and plentiful parking for caravans, boats and trailers.

● Elevated deck overlooking pool, kids play area and stunning leafy surrounds.

● Further enhanced by a freshly painted interior, new carpet, new window furnishings in most bedrooms, and ducted heating.

● “Community feel” neighbourhood - take part in yearly Christmas parties and Easter egg hunts with your neighbours.

● Close to the Mount Evelyn Reserve and Football Ground, along with having many plant nurseries to wander through on the weekends.

● A few minutes to Mount Evelyn shops, schools and eateries.

Local Secret:

Such is the community environment in this part of the world, the locals have set up a neighbourhood library. Sounds like the perfect place to raise a family.

Listing description written by Ryan Bell, Bell Real Estate Montrose — 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.