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VIC › Wangaratta › Cambridge Dr

56 Cambridge Dr, Wangaratta VIC 3677

For saleHouse for Sale

$1,350,000

For sale

Asking

5

Bedrooms

2

Bathrooms

2

Car spaces

977 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,350,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,350,000(Listing record · 13 Nov 2024)
  • FactLand 977 m²; no building size recorded.(Property record)
  • CalculationAsk is 133% above the Wangaratta median recorded sale ($579,000, n=138, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Wangaratta's advertised median rent ($427/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

$1,350,000

Asking · $1,382/m² of land

No recorded sale for this property.

Wangaratta at a glance

19,199

People

$579,000

Median sale

$427/wk

Median rent

3.83%

Suburb gross yield

Median sale from 138 recorded sales (last 12 months) — a Districts calculation.

See the full Wangaratta report →

Vs Wangaratta

+133.2%

Median sale

Suburb $579,000

-2.19 pp

Gross yield

Suburb 3.83%

Suburb median $579,000 from 138 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,350,000
Stamp Duty (Victoria)
$74,250
Transfer/Registration Fee
$3,263
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
$1,431,213

$81,213 on top of the price (6.0% 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

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

Net yield
0.14%
Annual cashflow (pre-tax)
$-68,246
Interest cover (DSCR)
0.03
Annual rent
$22,204
Operating expenses
$20,250
Loan amount
$1,080,000
Annual interest
$70,200
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$1,350,000available13 Nov 2024

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 $427/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

Wangaratta in one glance

Wangaratta at a glance

19,199

People

$579,000

Median sale

$427/wk

Median rent

3.83%

Suburb gross yield

Median sale from 138 recorded sales (last 12 months) — a Districts calculation.

See the full Wangaratta report →

Keep researching

  • Why Wangaratta? Read the area thesis →
  • What else is on the market in Wangaratta →
  • Other records on Cambridge Dr →

Listing material

Listed by Nutrien Harcourts Wangaratta

Ovens River Water front exclusive Views

The best waterfront block in Wangaratta!

Debatable, yes - but undeniably a compelling place to start.

The property spectacularly frames the Ovens River, delivering uninterrupted riverfront views that are rarely offered and fiercely sought after.

Read the full description

Superb family home offers exceptional space, privacy and comfort. Upstairs Games room and Balcony simply added bonus to already great outdoor vista.

Low maintenance, well designed executive residence of impressive scale, it combines generous living areas with outstanding orientation to the water.

The result is a private, expansive home that captures the river outlook from multiple vantage points and elevates everyday living.

Luxurious modern living, generous size floorplan, and five-bedroom double story 2012 craftsman built home will provide exquisite resort style living for any fortunate buyer. Formal private entry. Expansive hallway, four large bedrooms with ample built-in robes, main bathroom, separate toilet and powder room. 6Kw Solar System.

Rear Master bedroom capturing stunning river view with direct access to the outdoor entertaining area. Adjoining study, large walk-in-robe and ensuite with oversized shower, spa bath, and double vanity. Offering versatility by design with additional access to the 5th bedroom through ensuite.

Spacious open plan kitchen, north facing aspect, and winter sun. 40mm stone waterfall benchtops, with 2pac cabinetry, Smeg 900ml oven, and induction cooktop. Butlers pantry fitted with sink, additional fridge provision , and enviable amounts of storage. Enjoy even doing the dishes overlooking the pool and river view through expansive windows and bifold doors.

Upstairs is a versatile living area to utilize as it suits your stage of life. Adult retreat, lounge, or kids games room all will have the aspect. Summer or winter, you can escape to this serene place of relaxation, with options of a cosy wood open fireplace, open doors, and breeze while enjoying the view of the rivergums and waterfront. Incredibly, a private balcony is big enough to entertain and a perfect place to take in the incredible 180-degree river views and enjoy a quiet moment yourself.

Summers are easy to imagine being spent in the north facing, fully paved outdoor entertaining area with built-in BBQ, sink, and double bar fridge. The salt chlorinated solar heated inground swimming pool and spa completes this entertainers delight. Straight across the lawn to access the Ovens river right at your back fence, this is a fishing paradise. Tinnie, Canoe, or Kayak friends will marvel at the ease of access.

Functional features of this spectacular home include ducted vacuum system, ducted gas heating, evaporative cooling, quality roman blinds throughout, and electric roller blinds to the main living areas. Along with high ceilings and an abundance of storage, everything has been thought of.

This 977m2 allotment is fully fenced with a secure private front yard. The oversized double garage with additional storage is big enough to fit 2 vehicles and a home gym or alternatively a car and a caravan. The additional roller door at the rear of the garage opens directly onto an expansive east facing decked area that gets drenched in the morning sun, providing yet another area for outdoor living/sitting area.

Appealing to many buyers, we hope you are one of them. From the rural river outlook, close proximity to schools and sporting facilities, access to bike track and walking tracks. East for the Rural City of Wangaratta and Sunday breakfast or West to golf in the buggy and home in 5 minutes. For the astute buyer looking to secure a fantastically located prestigious home, here it is, all done. No permits, no building quotes. Finished, new paint, new carpets - ring the whole family - Mum, Dad, kids and even the dog - this home has room for everyone

If you're ready to enjoy all this, call today to arrange your inspection - 03 5722 9444.

Listing description written by Joe McKenzie, Nutrien Harcourts Wangaratta — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Balcony
  • Built-in Robes
  • Courtyard
  • Deck
  • Dishwasher
  • Ducted Heating
  • Ensuites: 1
  • Fully Fenced
  • Gas Heating
  • Indoor Spa
  • Outdoor Entertaining
  • Outside Spa
  • In-Ground Pool
  • Remote Garage
  • Rumpus Room
  • Secure Parking
  • Study
  • Toilets: 3
  • Vacuum System
  • Workshop
Districts

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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.