Wonthaggi at a glance
6,123
People
$540,000
Median sale
$459/wk
Median rent
4.42%
Suburb gross yield
Median sale from 77 recorded sales (last 12 months) — a Districts calculation.
VIC › Wonthaggi › Billson St
$639,000
For sale
Asking
3
Bedrooms
2
Bathrooms
2
Car spaces
844 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
Asking
$639,000
Asking · $757/m² of land
No recorded sale for this property.
Wonthaggi at a glance
6,123
People
$540,000
Median sale
$459/wk
Median rent
4.42%
Suburb gross yield
Median sale from 77 recorded sales (last 12 months) — a Districts calculation.
Vs Wonthaggi
+18.3%
Median sale
Suburb $540,000
-0.68 pp
Gross yield
Suburb 4.42%
Suburb median $540,000 from 77 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$38,710 on top of the price (6.1% extra)
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.
Pre-filled with Wonthaggi's advertised median rent — not a rent for this listing.
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.
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 $459/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.
Gross yield if leased at the suburb aggregate is 3.7%. 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
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
Wonthaggi at a glance
6,123
People
$540,000
Median sale
$459/wk
Median rent
4.42%
Suburb gross yield
Median sale from 77 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White PBE Wonthaggi & Cape PatersonWelcome to 59 Billson Street, a fantastic opportunity for both owner-occupiers and investors. This spacious 3-bedroom, 2-bathroom, 2-living area home is situated on a generous 844sqm block, providing ample space for family living.
Step inside to discover a home designed for comfort and practicality. The heart of the home is the, light-filled open-plan kitchen, living, and dining area. This central hub is ideal for daily life and entertaining, with a well-equipped all-electric kitchen that includes a dishwasher, ample counter space, and a breakfast bar. From here, a sliding glass door provides a seamless transition to the covered alfresco area, perfect for year-round indoor-outdoor entertaining.
In addition to the main living space, a separate second living area offers a private retreat for a media room, a study, or a kids' play area. The three generously sized bedrooms all include built-in robes, while the master suite is a true sanctuary with its own walk-in robe and a private ensuite. The main bathroom is well-appointed with a separate shower, a full-size bathtub, and a separate toilet, perfect for unwinding.
Outside, the property continues to impress with a secure & spacious backyard that provides plenty of room for children and pets to play. The large double garage provides secure parking, and there is also valuable side access, perfect for storing a caravan, boat, or providing extra off-street parking. The property is equipped with reverse cycle split-system air conditioning units in each bedroom and the main living areas, ensuring a comfortable environment year-round. A heat pump hot water system adds to the home's energy efficiency.
Currently, the property is tenanted, providing a consistent income of $540 per week. This makes for a strong investment with a solid rental yield of approximately 4.5%, depending on the final purchase price. This property is highly attractive for investors looking to expand their portfolio. Alternatively, this home is ideal for a growing family seeking a comfortable and functional space to call their own.
Property Features:
Parking: Double garage with valuable side access for extra vehicles or storage
Block Size: 844sqm
Heating & Cooling: Reverse cycle split-system air conditioners in all bedrooms and living areas
Hot Water: Energy-efficient heat pump hot water system
Kitchen: All-electric appliances, including a dishwasher
Outdoor Living: Covered alfresco area and a secure backyard
Investment Opportunity: Currently tenanted with a consistent income of $540 per week, offering a strong rental yield of approximately 4.5%
Don't miss this opportunity to secure a versatile property in a great location, with a block size that are becoming a rarity in the current market and are a highly sought-after commodity. Contact us today to arrange an inspection.
Listing description written by Siaan Grinham, Ray White PBE Wonthaggi & Cape Paterson — reproduced as published, not verified by Districts.
Victoria 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.