Mount Austin at a glance
4,063
People
$572,500
Median sale
$433/wk
Median rent
3.93%
Suburb gross yield
Median sale from 55 recorded sales (last 12 months) — a Districts calculation.
NSW › Mount Austin › Phillip Ave
$490,000
Last sold
30 Mar 2026
3
Bedrooms
1
Bathrooms
1
Car spaces
550 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
$490,000
30 Mar 2026 · derived via latest_sale
Local land rate: recorded House sales in Mount Austin (last 5 years) with land size have a median of $711/m² of land (n=156). Districts calculation from recorded sales — not a valuation.
Mount Austin at a glance
4,063
People
$572,500
Median sale
$433/wk
Median rent
3.93%
Suburb gross yield
Median sale from 55 recorded sales (last 12 months) — a Districts calculation.
Vs Mount Austin
-14.4%
Median sale
Suburb $572,500
+0.67 pp
Gross yield
Suburb 3.93%
Suburb median $572,500 from 55 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
NSWPlanning 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.” NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Rental
No advertised rent is recorded. Suburb median rent $433/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. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet. 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. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
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
UnknownArea
Mount Austin at a glance
4,063
People
$572,500
Median sale
$433/wk
Median rent
3.93%
Suburb gross yield
Median sale from 55 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Kitson Property*Let us show you this property. Please contact agent for your private inspection.
Positioned in one of Mount Austin's steadily strengthening pockets, 55 Phillip Avenue presents an outstanding opportunity for both savvy investors and first home buyers ready to secure their foothold in the market.
Set on a 557m² block, this cosy three bedroom, one bathroom home delivers comfort, simplicity and genuine value. Thoughtfully maintained by a young owner occupier family, the property reflects pride of ownership throughout. It has been lovingly cared for and offers a warm, welcoming feel from the moment you arrive.
Designed for ease, the home is extremely low maintenance, making it a true set and forget investment. Whether you are expanding your current portfolio or stepping into the market for the first time, this is a smart acquisition in a location where investor demand continues to rise.
A standout feature is the large powered shed, providing exceptional flexibility. Ideal for tradies, hobbyists, additional storage or even a home workshop, it adds real functionality and appeal beyond the standard offering.
With a rent potential delivering approximately 4.43% return, the numbers stack up just as well as the lifestyle benefits. Opportunities like this, in established growth areas with strong rental appetite, are becoming increasingly competitive.
Secure your position, capitalise on the momentum, and make 55 Phillip Avenue your next strategic move.
Rates: $1,952.00
Rental Appraisal: $380 - $400pw
*Floor plan available upon request
Disclaimer: We have obtained all information in this document from sources we believe to be reliable, however we cannot guarantee its accuracy. We accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained herein. Prospective purchasers are advised to carry out their own enquiries to verify the information contained in this document
Listing description written by Chris Ward, Kitson Property — reproduced as published, not verified by Districts.
NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
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
UnknownNSW Valuer General land values are not loaded for this property yet.
Net yield / holding costs
UnknownNSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.