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VIC › Brunswick West › Wallace St

59 Wallace St, Brunswick West VIC 3055

House

$900,000

Last sold

27 Oct 2018

2

Bedrooms

1

Bathrooms

4

Car spaces

413 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $900,000 (27 Oct 2018).(Recorded sale)
  • FactLand 413 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Brunswick West (last 5 years) with land size: median $2,469/m² of land (n=15). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

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

What this lot has actually traded at

Last sold

$900,000

27 Oct 2018 · derived via latest_sale

Local land rate: recorded House sales in Brunswick West (last 5 years) with land size have a median of $2,469/m² of land (n=15). Districts calculation from recorded sales — not a valuation.

Brunswick West at a glance

16,704

People

$1,170,000

Median sale

$560/wk

Median rent

2.49%

Suburb gross yield

Median sale from 20 recorded sales (last 12 months) — a Districts calculation.

See the full Brunswick West report →

Vs Brunswick West

-23.1%

Median sale

Suburb $1,170,000

+0.75 pp

Gross yield

Suburb 2.49%

Suburb median $1,170,000 from 20 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

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. Soldprice unknown9 Dec 2025
  2. Listedprice unknowncompleted17 Apr 2025
  3. Sold$900,00027 Oct 2018
  4. Listedprice unknowncompleted27 Sept 2018

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 $560/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

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

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

Brunswick West in one glance

Brunswick West at a glance

16,704

People

$1,170,000

Median sale

$560/wk

Median rent

2.49%

Suburb gross yield

Median sale from 20 recorded sales (last 12 months) — a Districts calculation.

See the full Brunswick West report →

Keep researching

  • Why Brunswick West? Read the area thesis →
  • What else is on the market in Brunswick West →
  • Other records on Wallace St →

Listing material

Listed by Platinum Real Estate

An Unrivalled Expression of Architectural Elegance and Luxury Living

From arrival, you're greeted by a dramatic entry space that sets the tone for what lies within: soaring ceilings, full-length mirrored elements, and high-end finishes that speak to refined taste. The expansive open-plan living and dining zone is bathed in natural light, flowing seamlessly into a gourmet kitchen where no detail has been spared. Think marble benchtops, bespoke cabinetry, premium appliances such as Gaggenau and Wolf to name a few, and a butler's pantry to support both everyday living and entertaining with ease.

For the winter nights, enjoy the ambience of the custom 3m gas open flame fireplace feature.

On the ground floor, entertain guests of all ages with the incredible theatre/rumpus room. Upstairs, two additional bedrooms each come with their own walk in robe and third bedroom with built in robe, supported by centralised dedicated retreat or study zone, the homes functionality was truly designed as a haven for quiet downtime or focussed work.

Read the full description

Continuing on this level is the glorious master bedroom, complete with walk in robe, built in makeup vanity and marble ensuite with inset his and her station.

Outside, the home continues to impress. The a Sirine landscaped garden and resort-style pool area including gas mains connected open fire pit set the scene for indoor-outdoor living, with premium materials and thoughtful design extending through to alfresco entertaining with Mable detailed BBQ area, out door heating, remote operated shade screen and frameless bifold. The remote-controlled gate and four car spaces (including double garage) add convenience and security.

Located in the vibrant inner-north Melbourne suburb of Brunswick West, this residence offers the perfect combination of luxury, practicality and urban convenience. With close proximity to schools, transport and lifestyle amenities, it presents a compelling opportunity for home-buyers seeking both character and contemporary living.

Listing description written by Nik Babic, Platinum Real Estate — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Alarm System
  • Dishwasher
  • Ducted Heating
  • Outdoor Entertaining
  • Pool
  • Remote Garage
  • Solar Hot Water
  • Toilets: 3
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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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.