Yarra Glen at a glance
3,135
People
$1,014,000
Median sale
$550/wk
Median rent
2.82%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
VIC › Yarra Glen › Farrell Ave
$735,000
Last sold
31 July 2021
3
Bedrooms
2
Bathrooms
3
Car spaces
353 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
$735,000
31 July 2021 · derived via latest_sale
Local land rate: recorded House sales in Yarra Glen (last 5 years) with land size have a median of $1,033/m² of land (n=65). Districts calculation from recorded sales — not a valuation.
Yarra Glen at a glance
3,135
People
$1,014,000
Median sale
$550/wk
Median rent
2.82%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
Vs Yarra Glen
-27.5%
Median sale
Suburb $1,014,000
+1.07 pp
Gross yield
Suburb 2.82%
Suburb median $1,014,000 from 18 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 $550/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
Yarra Glen at a glance
3,135
People
$1,014,000
Median sale
$550/wk
Median rent
2.82%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Keen Real Estate**Due to current Covid-19 restrictions this home is open by appointment only with times available between 10-11am Saturday July 30. Call Amy 0456 585 201 to confirm your inspection**
**Please view our VR (Virtual Reality) 360 Property Tour by copying and pasting this link to your browser** http://bit.ly/KeenRE_yG6Farrell
**Offers can be made after viewing the virtual tour, you are not required to physically inspect the property to make an offer**
This double storey family home is sure to impress. The ground floor features the master bedroom with BIR & ensuite, a generous sized kitchen with stainless steel appliances and dishwasher, an open living and dining space with sliding doors opening up to the pergola - perfect to entertain family and friends, a large laundry and additional separate toilet. Upstairs enjoy the open plan sunlit living space with added terrace style balcony, two generous sized bedrooms each with BIR's and lots of natural light and a bright and airy bathroom. There's gas ducted heating, 5 split ac systems (one in each room) LED downlights and gleaming timber floors. With multiple outdoor entertaining zones, a double garage, an alternative gated driveway to park a boat/caravan/trailer securely and neat, manicured gardens and outdoor spa all nestled on an easy to maintain 353m2 block. Just a short stroll to transport services, local schools and kindergartens, cafes and McKenzies Reserve and still only 15 minutes to Lilydale - this home is an opportunity not to pass by!
**Successful buyers will have to physically inspect the property prior to the Vendors signing a contract of sale**
Listing description written by Keenan Kleynhans, Keen Real Estate — reproduced as published, not verified by Districts.