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VIC › Buninyong › Palmerston St

606 Palmerston St, Buninyong VIC 3357

House

$890,000

Last sold

20 Dec 2022

4

Bedrooms

2

Bathrooms

2

Car spaces

1,209 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $890,000 (20 Dec 2022).(Recorded sale)
  • FactLand 1,209 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Buninyong (last 5 years) with land size: median $663/m² of land (n=112). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$890,000

20 Dec 2022 · derived via latest_sale

Local land rate: recorded House sales in Buninyong (last 5 years) with land size have a median of $663/m² of land (n=112). Districts calculation from recorded sales — not a valuation.

Buninyong at a glance

3,857

People

$745,000

Median sale

$457/wk

Median rent

3.19%

Suburb gross yield

Median sale from 28 recorded sales (last 12 months) — a Districts calculation.

See the full Buninyong report →

Vs Buninyong

+19.5%

Median sale

Suburb $745,000

-0.52 pp

Gross yield

Suburb 3.19%

Suburb median $745,000 from 28 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$890,00020 Dec 2022
  2. Listedprice unknowncompleted16 Nov 2022

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $457/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Buninyong in one glance

Buninyong at a glance

3,857

People

$745,000

Median sale

$457/wk

Median rent

3.19%

Suburb gross yield

Median sale from 28 recorded sales (last 12 months) — a Districts calculation.

See the full Buninyong report →

Keep researching

  • Why Buninyong? Read the area thesis →
  • What else is on the market in Buninyong →
  • Other records on Palmerston St →

Listing material

Listed by McGrath Ballarat

Grand Family Home in Beautiful Buninyong!

On a spacious 1209m2 block, this high-quality family home oozes a grand street appeal in one of Buninyong's most sought-after locations.

• As you enter this grand home in an elevated position and surrounded by established gardens, you are greeted with high ceilings to lead you throughout the family friendly floorplan.

• A separate formal living area is positioned at the front of the home with plenty of space to sit and relax as a family with the bonus of fireplace to enjoy in the cooler months.

Read the full description

• The adjoining doors lead you to the light filled open plan kitchen/dining/living area, a spacious central living zone for the family to gather. An additional rumpus room adjoins this space at the north facing rear of the home which could also be used as a study space.

• A king size master suite with bay windows allows an abundance of natural light and includes a spacious walk-in robe and ensuite. The remaining three bedrooms are generous in size with built in robes, two of the bedrooms including boxed out windows making the perfect spot to read a book or enjoy the sun.

• A centrally located family bathroom, plenty of storage cupboards and a full-size laundry are also located in this wing of the home.

• You can relax in comfort all year round with two fireplaces, two gas heaters and ducted evaporative cooling throughout.

• The large undercover deck overlooking the huge rear yard can be accessed via the French doors in the central living zone. The extensive yard provides plenty of space for the kids to play or even to build a pool or shed (STCA).

• Convenient drive through access is available at the side of the home for cars, boats, or caravan storage. The home also boasts a two and a half car garage and a massive adjoining under house storage area perfect for the growing family.

• This sure is one you need to be quick to inspect, please call Matt Edwards on 0401 728 881 or Sophie Constable on 0497 272 195 to book your very own private inspection.

Listing description written by Matthew Edwards, McGrath Ballarat — reproduced as published, not verified by Districts.

Property features

  • Living Areas: 3
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.