Canadian at a glance
4,344
People
$591,250
Median sale
$408/wk
Median rent
3.59%
Suburb gross yield
Median sale from 44 recorded sales (last 12 months) — a Districts calculation.
VIC › Canadian › Richards St
$950,000
Last sold
8 July 2025
6
Bedrooms
3
Bathrooms
8
Car spaces
2,725 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
$950,000
8 July 2025 · derived via latest_sale
Local land rate: recorded House sales in Canadian (last 5 years) with land size have a median of $945/m² of land (n=90). Districts calculation from recorded sales — not a valuation.
Canadian at a glance
4,344
People
$591,250
Median sale
$408/wk
Median rent
3.59%
Suburb gross yield
Median sale from 44 recorded sales (last 12 months) — a Districts calculation.
Vs Canadian
+60.7%
Median sale
Suburb $591,250
-1.36 pp
Gross yield
Suburb 3.59%
Suburb median $591,250 from 44 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 $408/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
Canadian at a glance
4,344
People
$591,250
Median sale
$408/wk
Median rent
3.59%
Suburb gross yield
Median sale from 44 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ballarat Real EstateNestled among nature's tranquility and just a short drive from local shops, schools, and amenities, this impressive residence offers an unparalleled blend of luxury and practicality. This property is designed for those seeking a premium lifestyle in a coveted location, and it is poised to impress even the most discerning buyers.
The home boasts an expansive layout with six spacious bedrooms and three luxurious bathrooms. The master suite is a standout feature, complete with a massive walk-in wardrobe, picturesque bush views, and a generously sized private ensuite. The ensuite is adorned with high-end fixtures and fittings, creating a serene retreat within the home.
The versatile floor plan includes a dedicated study nook that is separate from the main living areas, providing a quiet workspace or an additional room for a variety of uses. The property features four large living spaces that offer flexibility to accommodate a large family or to be used for alternative purposes, such as an Air B&B.
A major highlight of this home is the substantial 20x6 meter shed, which offers ample space for a home gym, a car collection, or even a man cave. This, coupled with a large carport, ensures that the property meets all your storage and recreational needs. For outdoor enthusiasts, the home includes a stunning, heated 9-meter pool that perfectly complements the serene Australian bushland surroundings. The outdoor area is ideal for entertaining, with enough space for family gatherings, BBQs, or even a pizza night with the convenience of a wood-fired oven.
The residence is equipped with a large ducted reverse cycle heating and cooling unit, ensuring year-round comfort regardless of the season. Double-glazed windows throughout enhance insulation, contributing to energy efficiency. The property also features a 10kW solar system, significantly reducing power bills and promoting sustainable living.
Situated on a generous 2725m² approximately, this allotment offers a vast array of possibilities and will appeal to a wide range of buyers. From its luxurious features and versatile spaces to its energy-efficient solutions and exceptional outdoor amenities, this home represents a unique opportunity for a premium lifestyle.
To truly appreciate the grandeur and potential of this property, a viewing is essential. For more information or to schedule a visit, please contact Blaise Newnham at 0423 175 643 or Josh Horvat 0478 804 929.
SD1606
Listing description written by Blaise Newnham, Ballarat Real Estate — reproduced as published, not verified by Districts.