Riddells Creek at a glance
4,521
People
$1,060,000
Median sale
$597/wk
Median rent
2.93%
Suburb gross yield
Median sale from 47 recorded sales (last 12 months) — a Districts calculation.
VIC › Riddells Creek › Somerville Ln
$1,142,500
Last sold
26 May 2023
4
Bedrooms
2
Bathrooms
2
Car spaces
2,010 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
$1,142,500
26 May 2023 · derived via latest_sale
Local land rate: recorded House sales in Riddells Creek (last 5 years) with land size have a median of $651/m² of land (n=116). Districts calculation from recorded sales — not a valuation.
Riddells Creek at a glance
4,521
People
$1,060,000
Median sale
$597/wk
Median rent
2.93%
Suburb gross yield
Median sale from 47 recorded sales (last 12 months) — a Districts calculation.
Vs Riddells Creek
+7.8%
Median sale
Suburb $1,060,000
-0.21 pp
Gross yield
Suburb 2.93%
Suburb median $1,060,000 from 47 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 $597/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
Riddells Creek at a glance
4,521
People
$1,060,000
Median sale
$597/wk
Median rent
2.93%
Suburb gross yield
Median sale from 47 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Woodards Macedon RangesOffered for the first time in nearly 30 years, 'Karkalla' is a stunning family home in the style of an English country estate, thoughtfully designed for optimum privacy and perfectly positioned on 2,021m² (approx.) to capture splendid garden views from every vantage point. Elegant yet family-friendly, the fabulously appointed interiors boast high ceilings, double glazed sash windows and French doors, with a soothing colour scheme anchored by polished timber flooring and wool carpeting underfoot. Beyond a circular driveway, the home opens to a defined entry with a corbelled arch hallway flowing to the open plan kitchen, dining, and living area, while a wood-fuelled fireplace warms the delightful snug – imbuing the room with cosy charm. The updated kitchen is fitted with Miele and Bosch appliances, soft close cabinetry/drawers, and a lovely breakfast island. Outside, a delightful wraparound covered deck steps down to further paved alfresco entertaining options, with the magnificent garden hosting a low maintenance variety of native and exotic plantations providing a profusion of Autumn colour and Spring blossoms. Gravel and brick paving paths meander through various points of interest, with romantic trellised arbours, a gazebo with inbuilt seating, fountain, and a raised cubby house adding to its appeal. Luxurious accommodation of three bedrooms plus a study/4th bedroom, include a primary bedroom set to its own wing and featuring a walk in robe and ensuite. The epitome of gracious luxury, the main bathroom includes a separate shower and bath, while the study/4th bedroom features pull-down steps to loft access. Includes a double garage with internal access, gated side access, off street parking for at least 6 cars, evaporative air conditioning, ducted vacuum, laundry/drying room, water tanks, garden shed, woodshed, cat enclosure, and abundant storage. Occupying a truly coveted location within walking distance of Riddells Creek Primary School, kindergarten, bus routes for all local secondary schools, village shops/cafés, and train station this is the forever home you've been waiting for.
Listing description written by Toni Bloodworth-Barker, Woodards Macedon Ranges — reproduced as published, not verified by Districts.