Narre Warren North at a glance
8,074
People
$1,550,000
Median sale
$571/wk
Median rent
1.92%
Suburb gross yield
Median sale from 34 recorded sales (last 12 months) — a Districts calculation.
VIC › Narre Warren North › Montbrae Circuit
$795,000
Last sold
11 Aug 2020
4
Bedrooms
2
Bathrooms
2
Car spaces
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
$795,000
11 Aug 2020 · derived via latest_sale
Narre Warren North at a glance
8,074
People
$1,550,000
Median sale
$571/wk
Median rent
1.92%
Suburb gross yield
Median sale from 34 recorded sales (last 12 months) — a Districts calculation.
Vs Narre Warren North
-48.7%
Median sale
Suburb $1,550,000
+1.81 pp
Gross yield
Suburb 1.92%
Suburb median $1,550,000 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 $571/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
Narre Warren North at a glance
8,074
People
$1,550,000
Median sale
$571/wk
Median rent
1.92%
Suburb gross yield
Median sale from 34 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by OBrien Real Estate Narre WarrenNestled in one of the most picturesque places of Narre Warren North, this gorgeous residence located in the Montbrae pocket is seriously something special.
With panoramic views of the entirety of Narre Warren and beyond, plus shops and cafes nearby, this home is a wonderful blend of convenient living and location perfection.
Boasting a 2 level floorplan, this Narre Warren North residence comprises of 4 queen size bedrooms, all of which are equipped with walk in robes; a rare feature found in homes these days. Rest assured, an ensuite for mum and dad in the master suite.
The kitchen is functional and versatile, with good quality appliances and a layout designed so that you have uninterrupted views of the scenery beyond the panoramic windows. Lots of cabinetry has been incorporated into the design of the kitchen, making it well suitable for the chef at heart.
With 3 huge living areas, this means the WHOLE FAMILY can enjoy the conveniences of their own space and privacy, a common feature that is found to be needed by many families in this day in age.
Furthermore an oversized home office, great in these times for remote learning and working from home.
Jam packed with lots of wonderful features, feel at ease knowing that all bedrooms come handy with a split system unit, a powder room located on the ground level and another bathroom upstairs for the kids to share. The home offers security with an alarm system, ducted heating, side gate access, rear roller door to the garage and stunning landscaped greenery surrounding the property.
Located off Ernst Wanke Road, with access to the Monash Freeway, Westfield Fountain Gate at your fingertips, in the catchment to Oatlands Primary School, with Timbarra College and Mary MacKillop all located nearby. Nevertheless, keep active and healthy by utilizing the iconic 1001 Steps right on your doorstep.
This home is well designed, and will be appreciated by the buyer who has a flair for open planned living and convenient lifestyle. Do you have a big family? Do you want picturesque views? Do you want it all? Great, this one is for you!
Listing description written by Fabian Villella, OBrien Real Estate Narre Warren — reproduced as published, not verified by Districts.
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