Yarra Junction at a glance
3,032
People
$780,000
Median sale
$496/wk
Median rent
3.31%
Suburb gross yield
Median sale from 34 recorded sales (last 12 months) — a Districts calculation.
VIC › Yarra Junction › Mcowan Cres
$825,000
Last sold
29 Nov 2023
4
Bedrooms
2
Bathrooms
2
Car spaces
5,212 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
$825,000
29 Nov 2023 · derived via latest_sale
Local land rate: recorded House sales in Yarra Junction (last 5 years) with land size have a median of $829/m² of land (n=115). Districts calculation from recorded sales — not a valuation.
Yarra Junction at a glance
3,032
People
$780,000
Median sale
$496/wk
Median rent
3.31%
Suburb gross yield
Median sale from 34 recorded sales (last 12 months) — a Districts calculation.
Vs Yarra Junction
+5.8%
Median sale
Suburb $780,000
-0.18 pp
Gross yield
Suburb 3.31%
Suburb median $780,000 from 34 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 $496/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
Yarra Junction at a glance
3,032
People
$780,000
Median sale
$496/wk
Median rent
3.31%
Suburb gross yield
Median sale from 34 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Property Partners in Real EstateFondly known as 'Faulty Acres', this property is all about celebrating love, laughter, happiness, and the beauty that surrounds you. Peacefully tucked away at the end of a quiet street, from the moment you arrive you enter a world of privacy and seclusion, where you have an abundance of space for self-sufficient living. Positioned on a rare and incredible block on over an acre, you have beautiful views from every aspect, all within walking distance to the heart of Yarra Junction.
Prepare to be romanced, features include:
• An open and free flowing living/dining area is highlighted by beautiful timber floorboards and ambient natural light filtering through. An alluring Lopi fireplace is the place to be for those cozy winter nights.
• A stunning country kitchen is the true heart of the home; appointed with timber benchtops, including island bench, and impressive Smeg cooker.
• Four good-sized bedrooms each with a unique outlook, including guest room with walk-in-robe, and the Taj Mahal of master bedrooms with mesmerising mountain views.
• A stylishly renovated bathroom features a walk-in shower and a divine outdoor bath for ultimate tranquillity. Imagine relaxing under a starry night sky.
• An enviable games room is a fabulous space for some not so quiet time watching the footy, with an adjoining deck and BBQ area for when you wish to unwind.
• An additional studio nestled in the backyard is an incredible home office.
• Outside is a haven you could spend hours exploring with a separate paddock for goats, sheep, or a pony, a fenced off area for your beloved pooch, chook house, veggie patch; plus, an abundance of fruit trees including olive, pear, peach, apple, lemon, and lime.
• Other notable highlights include decorative wood features, split system, front alfresco for entertaining, and rear deck for relaxing.
This property has a unique, rustic feel and has seen, and felt, so much love. Not only a rare opportunity for self-sufficient living, you are also conveniently located within walking distance to shops, schools, and trails. Get into the community spirit at the fortnightly market before returning to the peace and quiet at home. Be sure to call Property Partners to book an inspection you may just not want to leave.
Please note: All property details shown are correct at time of publishing. Some properties may have sold in the preceding 24 hours. We recommend confirming inspection times with the listing agency.
Listing description written by Rebecca Halit, Property Partners in Real Estate — reproduced as published, not verified by Districts.