Miners Rest at a glance
3,862
People
$695,000
Median sale
$360/wk
Median rent
2.69%
Suburb gross yield
Median sale from 44 recorded sales (last 12 months) — a Districts calculation.
VIC › Miners Rest › Raglan St
$870,000
Last sold
20 Aug 2021
4
Bedrooms
2
Bathrooms
2
Car spaces
2,858 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
$870,000
20 Aug 2021 · derived via latest_sale
Local land rate: recorded House sales in Miners Rest (last 5 years) with land size have a median of $955/m² of land (n=95). Districts calculation from recorded sales — not a valuation.
Miners Rest at a glance
3,862
People
$695,000
Median sale
$360/wk
Median rent
2.69%
Suburb gross yield
Median sale from 44 recorded sales (last 12 months) — a Districts calculation.
Vs Miners Rest
+25.2%
Median sale
Suburb $695,000
-0.54 pp
Gross yield
Suburb 2.69%
Suburb median $695,000 from 44 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 $360/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
Miners Rest at a glance
3,862
People
$695,000
Median sale
$360/wk
Median rent
2.69%
Suburb gross yield
Median sale from 44 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Buxton BallaratThis incredible 4 bedroom family home of generous proportions is set on a large allotment of approx. 2,850m2 with a beautiful and expansive developed garden.
A feature front door opens to a welcoming foyer, naturally lit by an open study, with built-in bookcase, adjacent to the master bedroom of grand size proportions with access, via walk through built-in robes, to the en-suite with double vanity, shower over spa and toilet. The generous hallway flows past another bedroom to a formal dining room and adjacent separate formal lounge, with wood heater, perfect for relaxing and ‘getting away from it all’. The hallway then opens into the massive open plan kitchen, dining and TV / living area, that overlooks the stunning front garden. A further 2 bedrooms open directly to this area as well. The kitchen is beautifully designed with modern appliances including dishwasher, electric wall oven and cooktop, generous cupboard storage and bench space, and large separate pantry. Large windows in this area allow natural light throughout. A small hallway leads from this area to the large family bathroom, with separate bath & shower, a large laundry and separate toilet.
All bedrooms include built-in robes.
Cooling is catered for by ceiling fans to all bedrooms and living areas plus reverse cycle air conditioning to the kitchen living area. Natural gas central heating is ducted to all living & dining areas. Additionally, there is a ceiling transfer duct that directs hot air from above the wood heater to the TV / living room.
Gas instant hot water, with 4 controllers, means no matter what the demand hot water never runs out. A ducted vacuum system is fitted and solar system with 2kW inverter helps defray electricity costs.
Outside features landscaped gardens, with many established deciduous trees for summer shade and winter sunshine and warmth, and a large pergola alfresco area, perfect for entertaining family and friends. In addition, there are nut and fruit trees, berries and 4 large raised wicking beds for vegies serviced by 27,500 lt water tank. A further 10,000 lt water tank services the front garden and is plumbed to the kitchen for filtered drinking water. A large 3-bay steel-framed shed, 7.5m x 10.5m, has provision for a caravan and car hoist.
This property truly has everything you need for a country lifestyle and perfectly positioned just minutes to Ballarat CBD, Melbourne freeway and Wendouree train station. It’s literally a stone’s throw to an IGA Supermarket, General Store/Post Office and walking distance to Miners Rest Primary School.
This home needs to be seen to be believed so don’t wait, call now to book your private viewing today.
Listing description written by Peter Burley, Buxton Ballarat — reproduced as published, not verified by Districts.