Tongala at a glance
1,949
People
$547,500
Median sale
$392/wk
Median rent
3.72%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
VIC › Tongala › Oldfield Ln
$497,500
Last sold
20 Sept 2023
4
Bedrooms
2
Bathrooms
1
Car spaces
902 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
$497,500
20 Sept 2023 · derived via latest_sale
Local land rate: recorded House sales in Tongala (last 5 years) with land size have a median of $467/m² of land (n=33). Districts calculation from recorded sales — not a valuation.
Tongala at a glance
1,949
People
$547,500
Median sale
$392/wk
Median rent
3.72%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
Vs Tongala
-9.1%
Median sale
Suburb $547,500
+0.38 pp
Gross yield
Suburb 3.72%
Suburb median $547,500 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 $392/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
UnknownArea
Tongala at a glance
1,949
People
$547,500
Median sale
$392/wk
Median rent
3.72%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Century 21 Rich River Real Estate - EchucaIntroducing 6 Oldfield Lane, Tongala – a meticulously designed haven for families, offering expansive living space and contemporary comfort.
Nestled in a quiet street and set on a generous 902m2 parcel, this extensively renovated property boasts 4 bedrooms, 2 bathrooms, and a charming study. A true gem that caters to every facet of your lifestyle, it presents an ideal canvas for your family's aspirations, seamlessly blending modern convenience with abundant space.
The master bedroom, adorned with exquisite tiling, features a walk-in robe and ensuite, providing the perfect parents' retreat. The three additional bedrooms are equipped with built-in robes, ensuring enough space and storage for the whole family. The dedicated study offers an ideal space for working from home, studying or quiet contemplation.
At the heart of this home lies an open-plan living, dining and kitchen area, showcasing the property's inherent spaciousness. The well-equipped kitchen boasts modern fittings including 600mm gas cooktop, electric oven, dishwasher and a walk-in pantry making it the perfect place to cook up a storm for the whole family.
Adding to the extensive space in the house, half the shed has cleverly been converted into a multipurpose area with tiled floors and water and electricity connected. Currently being used as a beauty salon, this are could easily be tailored to your needs.
Step outside to discover an extensive yard, perfect for hosting events, entertaining guests, and outdoor activities. The alfresco area, where outdoor dining and relaxation merge, makes the perfect space for summer nights outdoors. With side access and a shed on offer, your storage and hobby needs are well taken care of.
Situated in the heart of Tongala, this property is within proximity of Shine Bright Tongala Kindergarten, Tongala Public Recreation, and Tongala Primary School. Offering easy access to vital amenities, 6 Oldfield Lane presents a distinctive chance to embrace spacious, contemporary living in a serene township ambiance – an ideal choice for families or anyone seeking a roomy home in a well-connected locale.
Don't let the opportunity slip away to secure your slice of Tongala paradise. Make 6 Oldfield Lane your forever home.
Listing description written by Sarah Monaghan, Century 21 Rich River Real Estate - Echuca — reproduced as published, not verified by Districts.
Victoria 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.