North Wonthaggi at a glance
3,722
People
$525,000
Median sale
$459/wk
Median rent
4.55%
Suburb gross yield
Median sale from 79 recorded sales (last 12 months) — a Districts calculation.
VIC › North Wonthaggi › Cobber Way
$600,000
Last sold
22 Oct 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
501 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
$600,000
22 Oct 2024 · derived via latest_sale
Local land rate: recorded House sales in North Wonthaggi (last 5 years) with land size have a median of $964/m² of land (n=66). Districts calculation from recorded sales — not a valuation.
North Wonthaggi at a glance
3,722
People
$525,000
Median sale
$459/wk
Median rent
4.55%
Suburb gross yield
Median sale from 79 recorded sales (last 12 months) — a Districts calculation.
Vs North Wonthaggi
+14.3%
Median sale
Suburb $525,000
-0.57 pp
Gross yield
Suburb 4.55%
Suburb median $525,000 from 79 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 $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.
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
North Wonthaggi at a glance
3,722
People
$525,000
Median sale
$459/wk
Median rent
4.55%
Suburb gross yield
Median sale from 79 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Eview GroupTo view this home, bookings essential & photo ID required.
Near-New Family Home - Just Move In and Make It Yours!
With no need to wait for a builder to complete and situated in the growing area of North Wonthaggi, here is a near-new family home with a multi-functional floor plan and thoughtful design.
With three spacious living areas and ample room for a growing family, this property is ready for you to move in and add your personal touch to the outdoor landscape.
This home features four carpeted bedrooms, mirrored wardrobe doors, day and night double roller blinds, ensuring both style and comfort.
Light grey timber-look vinyl flooring runs throughout the home, adding to its modern and stylish feel. The neutral interior colour palette, light grey tiles and downlights, guarantees a clean and contemporary look.
The master bedroom comes complete with an ensuite, walk-in robe, TV point and electricity conduit available for a split system unit. The ensuite is equipped with dual raised vanity sinks in a stone bench top, a full-length mirror and features a spacious 1.3m x 1.0m tiled shower with a handheld showerhead.
A dedicated TV, games or home theatre room is accessed off the hall, through double sliding doors and is perfect for a growing family.
The functional laundry provides ample bench space, sliding door access to the outside, and a large double cupboard with shelving and a broom section for practical storage
To the left through the hallway is a thoughtfully designed family living and dining area featuring a modern kitchen with neutral coloured stone benchtops, a 1.8m island bench and a walk-in pantry. The kitchen contains SS appliances including a dishwasher, a 900mm freestanding stove with gas hotplates and electric oven and a built-in rangehood. It also offers space for a 900mm fridge and a convenient microwave niche. The walk-in pantry is fitted with shelving on three sides, providing ample storage for all your family's grocery needs.
For relaxed entertaining, a highlight of this living space is the triple stacker doors that lead from the dining room to an outdoor, covered sitting area with painted concrete flooring. The kitchen also features a sliding window above the double in-bench sink, perfect for passing items to and from outside.
To the right of the hallway is another area that incorporates two bedrooms, one of which has a triple wardrobe. This area also features another living space that could be used as a study, craft room or home office. With access from the front of the property, through a side gate and sliding door into the house, this space is ideal for a home business.
The main bathroom which includes a freestanding oval bath with a mixer tap and swivel water spout, as well as a shower with a handheld head. A separate toilet adds convenience.
This all provides the option to add a door to the hallway, creating the perfect private retreat for teenagers or elderly parents.
For year-round comfort, the home offers electric ducted heating and a reverse cycle unit in the family area.
The property is equipped with a Rinnai instantaneous gas HWS and 2020L rainwater tank with electric pump for toilet water usage.
The outdoor space is a blank canvas, waiting for you to create your own dream landscaping.
The extra-wide double garage is a standout feature, offering a double remote-controlled roller door and an additional metre of width for storage, a direct entry door into the house plus a single pull-up roller door for backyard access.
This near new home provides plenty of space for your family to thrive. It's just a short walk to a green space with walking paths and rural views and only a 4-minute drive to the local primary school, garden supplies, and hardware store.
The vibrant township of Wonthaggi offers major banks, supermarkets, a library, cafes, community centre and numerous retail outlets.
Don't miss out on this fantastic property. Contact us today to arrange a viewing!
Listing description written by Leanne Poulton, Eview Group — reproduced as published, not verified by Districts.