Boronia at a glance
24,079
People
$980,000
Median sale
$546/wk
Median rent
2.90%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
VIC › Boronia › Underwood Rd
$716,000
Last sold
27 Mar 2021
3
Bedrooms
2
Bathrooms
5
Car spaces
615 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
$716,000
27 Mar 2021 · derived via latest_sale
Local land rate: recorded House sales in Boronia (last 5 years) with land size have a median of $1,212/m² of land (n=26). Districts calculation from recorded sales — not a valuation.
Boronia at a glance
24,079
People
$980,000
Median sale
$546/wk
Median rent
2.90%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
Vs Boronia
-26.9%
Median sale
Suburb $980,000
+1.07 pp
Gross yield
Suburb 2.90%
Suburb median $980,000 from 7 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 $546/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
Boronia at a glance
24,079
People
$980,000
Median sale
$546/wk
Median rent
2.90%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by OBrien Real Estate Carrum DownsFifty Seven Underwood Road proudly presents a spacious, cottage style, single level weatherboard home in one of the most convenient streets in Boronia, close to shops, quality schools, and only a short walk to public transport. Ideal for first home buyers, investors and those looking for something to landbank for the future.
Behind a private high fence and sitting atop 615sqm approx., this family-friendly home features a large front carpeted living area warmed by a cosy wood Coonara fireplace. Opposite is the huge master bedroom featuring an oversized walk in robe and updated ensuite with double shower, vanity and WC. The other two generously sized bedrooms are spread throughout the floorplan, both with built in robes whilst a secondary family bathroom/laundry services the additional bedrooms.
This character filled home includes a well-proportioned modern kitchen with plenty of cupboard and bench space, 600mm oven, gas cooktop, dishwasher and beautiful leadlight windows overlooking the adjoining family living and meals zone, flowing through to the spacious back yard featuring a paved and undercover pergola for entertaining, as well as plenty of space for the kids and pets to play on the elevated grassed yard, garden shed, gazebo and 3 seater spa providing the perfect platform for fun filled days with family and friends.
Not to mention the abundance of front and back garden areas that provide a tranquil setting you'll enjoy coming home to each and every day. Add to this, you'll love the super convenient storage sheds and garage that has been converted to a home office with heating/cooling and insulated with a mezzanine floor making this space so versatile it could be a anything from a workshop to home gym, the choice is yours!
Added bonuses include: gas ducted heating, evaporative air-conditioning, solar panels for low bills, plentiful off-street parking for up to 6 cars or parking for boat/van or trailer, multiple CCTV cameras for security, new gutters, freshly painted throughout, sun blinds, ample storage space and so much more.
What more could you want?! An inspection will undoubtedly impress. Call Michelle for more information today
Listing description written by Michelle Stephens, OBrien Real Estate Carrum Downs — reproduced as published, not verified by Districts.