Riddells Creek at a glance
4,521
People
$1,061,500
Median sale
$597/wk
Median rent
2.92%
Suburb gross yield
Median sale from 46 recorded sales (last 12 months) — a Districts calculation.
VIC › Riddells Creek › Candlebark Ct
$825,000
Last sold
31 July 2023
3
Bedrooms
2
Bathrooms
1
Car spaces
957 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
31 July 2023 · derived via latest_sale
Local land rate: recorded House sales in Riddells Creek (last 5 years) with land size have a median of $617/m² of land (n=116). Districts calculation from recorded sales — not a valuation.
Riddells Creek at a glance
4,521
People
$1,061,500
Median sale
$597/wk
Median rent
2.92%
Suburb gross yield
Median sale from 46 recorded sales (last 12 months) — a Districts calculation.
Vs Riddells Creek
-22.3%
Median sale
Suburb $1,061,500
+0.84 pp
Gross yield
Suburb 2.92%
Suburb median $1,061,500 from 46 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 $597/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
Riddells Creek at a glance
4,521
People
$1,061,500
Median sale
$597/wk
Median rent
2.92%
Suburb gross yield
Median sale from 46 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Bound Real Estate“Why we like the property” (agent perspective)
What a perfect opportunity for those who seek and appreciate equally, what is outside, to what is inside in a property. Both internally in particular externally, this home is set to excite with an abundance of off-street parking, side access, an enormous outdoor entertainment area and the perfect floorplan overlooking and flowing out to a generous backyard. If these things are all equally important to you, this is the one to set your sights on! With a warm an inviting feel, an exceptional floorplan with dual living spaces and a highly desirable court within the delightful township of Riddells Creek. An easy walk to all township amenities including primary school, train station, shops and restaurants, this home is truly the perfect package and a perfect place to live!
“What the property offers” (property perspective)
A flexible, open and flowing floorplan is here on offer. The master bedrooms comes complete with walk in robe & ensuite, situated at the front of the home it is separate to the rest, allowing for possible multi-generational living. Front living room therefore makes the perfect parents retreat or formal lounge space. Additional bedrooms are at the back of the home, they’re generous in size and have their own built-in robes plus share a family bathroom with separate WC. The main open plan living space includes kitchen with moveable island bench, stainless steel appliances including dishwasher and there’s a delightful box bay window looking out to the pergola. The kitchen opens directly to the meals and family space with ambiance of a fireplace, plenty of windows to capture the low winter sun and opens directly to the outdoor entertainment area creating that brilliant indoor – outdoor flow that we all love! With single car garage under roofline with both rear roller door and side access, home office and laundry room to complete the package internally. Featuring great storage, gas ducted heating and loads more. This is an ideal home for any family who loves to entertain and is truly the complete package!!
“What you’ll love about the property” (vendor perspective)
We virtually bought this property before we walked through the door. The quiet family friendly location combined with the side access and great outdoor space for entertaining and the kids to play were all non-negotiables and at the top of our list. This home suited our needs perfectly! Inside we’ve made some improvements that we love including a fireplace and upgraded to hybrid floating flooring. We refreshed the home plus added blinds to the outdoor area to create a complete additional living space that can really be used all year round. We love the court and the community around us, we hope the next family will love it just as much as we have.
Listing description written by Shantelle Cardwell-Smith, Bound Real Estate — reproduced as published, not verified by Districts.
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