Spring Gully at a glance
3,085
People
$700,000
Median sale
$460/wk
Median rent
3.42%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
VIC › Spring Gully › Lawson St
$820,000
Last sold
18 Oct 2023
4
Bedrooms
2
Bathrooms
2
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
Last sold
$820,000
18 Oct 2023 · derived via latest_sale
Local land rate: recorded House sales in Spring Gully (last 5 years) with land size have a median of $874/m² of land (n=87). Districts calculation from recorded sales — not a valuation.
Spring Gully at a glance
3,085
People
$700,000
Median sale
$460/wk
Median rent
3.42%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
Vs Spring Gully
+17.1%
Median sale
Suburb $700,000
-0.50 pp
Gross yield
Suburb 3.42%
Suburb median $700,000 from 27 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 $460/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
Spring Gully at a glance
3,085
People
$700,000
Median sale
$460/wk
Median rent
3.42%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by McKean McGregor McKean McGregorNestled in the tranquil Spring Gully, this property presents a peaceful retreat with a fully modern, renovated interior that's only moments away from local schools, Latrobe University, cafes, and an array of walking tracks and State forest. Despite the Bendigo CBD being just a brief 5-minute drive away it feels worlds apart thanks to the lush greenery that surrounds this serene neighbuorhood. Surrounded by quality-built homes and generously sized allotments, the mid-century style home is ideal for families while also offering a spacious and adaptable floor-plan that caters to down-sizers, young couples, and professionals alike.
- Spring Gully locale; peaceful bushland surrounds just minutes from local schools, Latrobe University and State Forest
- Architectural designed mid-century home with full modern renovation throughout
- Flexible family floor-plan; multiple indoor and outdoor entertaining options
- Established garden surrounds
Enjoying a generous allotment, this property features a thoughtfully designed tiered garden with inviting paved pathways and well-placed concrete landings, creating the perfect oasis for outdoor living and relaxation. Well-established plantings welcome you to the property, while the fully fenced secure rear yard is inviting with varied plantings and a lush lawn area, offering ample space for your enjoyment. Convenience is key with a side driveway providing seamless drive-through access to the rear garden shed, and a double carport at the front ensures ample off street parking.
Architecturally designed with a mid-century modern touch and a northern aspect, every room in this residence is bathed in an abundance of natural light. As you step inside, you'll be greeted by a thoughtful and simplistic design that unfolds across a split-level layout. Floor-to-ceiling windows and doors effortlessly connect the interior spaces to the elevated outdoor decking, creating a harmonious blend of indoor and outdoor living.
Modern updates have been seamlessly integrated throughout while preserving the distinctive mid-century modern design style. The kitchen, boasts a neutral palette, enjoying an inviting island bench, quality appliances, and ample storage, including the convenient inclusion of a walk-in pantry combined with well-equipped laundry. Overlooking the central family dining and living space, it forms an inviting and functional heart of the home.
The bedroom wing includes three generously sized bedrooms, all thoughtfully serviced by a powder room toilet and a full family bathroom featuring floor-to-ceiling tiling and a freestanding tub. At the rear of the property, the master retreat, offering a modern ensuite bathroom, a spacious walk-through robe, and an attached study or work-from-home space.
Additional features:
- Ducted reverse cycle heating and refrigerated cooling throughout
- Gas wall heater in lounge
- Kitchen appliances; stainless steel double wall oven, dishwasher and induction cooktop
- Stone bench-tops
- Floor to ceiling tiling in bathrooms
- Garden shed
- Yard irrigation
- Double glazed windows to the North
- 3 living areas
Disclaimer: All property measurements and information has been provided as honestly and accurately as possible by McKean McGregor Real Estate Pty Ltd. Some information is relied upon from third parties. Title information and further property details can be obtained from the Vendor Statement. We advise you to carry out your own due diligence to confirm the accuracy of the information provided in this advertisement and obtain professional advice if necessary. McKean McGregor Real Estate Pty Ltd do not accept responsibility or liability for any inaccuracies.
Listing description written by Amy Sim, McKean McGregor McKean McGregor — 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.