Mount Dandenong at a glance
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Median sale
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Median rent
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Suburb gross yield
VIC › Mount Dandenong › Observatory Rd
$1,450,000
For sale
Asking
4
Bedrooms
2
Bathrooms
3
Car spaces
1,572 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
$1,450,000
Asking · $922/m² of land
No recorded sale for this property.
Mount Dandenong at a glance
No data
Median sale
No data
Median rent
No data
Suburb gross yield
$86,947 on top of the price (6.0% 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.
No rent is recorded for this listing. Enter a weekly rent to model yield.
Enter a purchase price and weekly rent to calculate yield.
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 and no suburb rent aggregate are loaded. Official bond files are not loaded. Listing rent and suburb aggregates are evidence, not this address’s rent.
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.
0 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
UnknownNo advertised rent and no suburb rent aggregate are loaded. Official bond files are not loaded. Listing rent and suburb aggregates are evidence, not this address’s rent.
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
Mount Dandenong at a glance
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Median sale
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Median rent
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Suburb gross yield
Listing material
Listed by Bell Real Estate OlindaSome homes impress with their scale. Others with their views. Observatory Manor manages to do both while combining bespoke design, quality craftsmanship and exceptional attention to detail.
Positioned high atop Mount Dandenong on a beautifully located 1572sqm allotment with dual frontage and convenient access via Fraser Road, this one-owner Storybook Homes residence offers a rare combination of privacy, luxury and breathtaking outlooks, all within an hour of Melbourne's CBD.
By day, the views stretch across Port Phillip Bay and Melbourne's skyline. By night, the city lights create a spectacular backdrop, with even the MCG visible on clear evenings.
Designed to maximise its remarkable setting, the split-level floorplan offers a balance of open living, family connection and private retreats. Hardwood floors milled from timber harvested on the property feature throughout, complemented by wainscoting, timber-lined ceilings and handcrafted finishes. Even the exterior light fittings were individually forged by a local blacksmith.
The upper living domain features soaring cathedral ceilings, chandeliers, generous living and dining zones, a Nectre wood fire and a window seat positioned to capture the views.
At the heart of the home, the kitchen has been designed for those who love to cook and entertain, featuring black benchtops, matching appliances, a Falcon Classic 110 dual-fuel cooker, pot filler and extensive preparation space. The adjoining dining area provides the perfect setting for family meals and entertaining.
A few steps above, a spacious family room opens to a private balcony overlooking the skyline. A bar nook and fully equipped theatre room complete this impressive level.
The accommodation is equally well considered. The privately positioned main suite occupies its own wing and includes a fully tiled ensuite with rain shower, two office/hobby spaces and an adjoining living zone. Across the upper levels, three additional bedrooms and a retreat area are serviced by a fully tiled bathroom with marble-topped vanity, deep bath and oversized rain shower.
Outside, a gas-heated shipping container pool, expansive entertaining deck and covered pergola create an outstanding space for entertaining. Provincial-inspired gardens, manicured English box hedging and established garden beds complete the setting.
Walking distance to SkyHigh and moments from many of the Dandenong Ranges' most popular attractions, Observatory Manor delivers an exceptional lifestyle in one of the region's most sought-after locations.
At a glance:
* One-owner Storybook Homes residence on 1572sqm with dual frontage and Fraser Road parking access
* Spectacular views across Melbourne's skyline, Port Phillip Bay and surrounding suburbs
* West-facing orientation with stunning sunsets and sparkling night-time city views
* Split-level design maximising outlooks from multiple living zones
* Hardwood floors crafted from timber milled on the property
* Wainscoting, timber-lined ceilings and handcrafted detailing throughout
* Four generous bedrooms plus multiple retreat areas
* Ground-floor main suite with pitched ceiling, fully tiled ensuite with rain shower and adjoining retreat/living space
* Two dedicated home offices or hobby/play spaces
* Family bathroom with full-height tiling, marble-topped vanity, rain shower and bathtub
* Cathedral-ceiling living and dining spaces with chandeliers and Nectre wood heater
* Kitchen with black benchtops, Falcon Classic 110 dual-fuel cooker, pot filler and extensive preparation space
* Window seat with storage overlooking the views
* Elevated family room with balcony, natural gas barbecue connection, bar nook and fully equipped theatre room with projector, speakers and recliners
* Gas-heated shipping container pool, entertaining deck and covered pergola
* Provincial-inspired gardens with box hedging
* Authentic French-made Le Panyol wood-fired pizza oven
* Manicured front gardens with English box hedges and fruit trees including plum, apple and cherry
* Triple garage with full bathroom and attic storage
* Powered caravan pad and extensive flat parking via Fraser Road
* Ducted heating, refrigerated air conditioning and split-system air conditioning
* NESS security system
* Two separate hot water systems
* Two rainwater tanks and tool shed
* Walking distance to SkyHigh Observatory and Restaurant, with Burke's Lookout, Pig & Whistle Tavern and Mount Dandenong Village nearby
Disclaimer: All information provided has been obtained from sources we believe to be accurate; however, we accept no liability for any errors or omissions (including but not limited to land size, floor plans and size, building age and condition). Interested parties should make their own enquiries and obtain their own legal advice.
Listing description written by Zac Bell, Bell Real Estate Olinda — reproduced as published, not verified by Districts.