Mortlake at a glance
1,568
People
No data
Median sale
$220/wk
Median rent
No data
Suburb gross yield
VIC › Mortlake › Officer St
$480,000
Last sold
2 Sept 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
725 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
$480,000
2 Sept 2024 · derived via latest_sale
Local land rate: recorded House sales in Mortlake (last 5 years) with land size have a median of $192/m² of land (n=7). Districts calculation from recorded sales — not a valuation.
Mortlake at a glance
1,568
People
No data
Median sale
$220/wk
Median rent
No data
Suburb gross yield
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 $220/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
Mortlake at a glance
1,568
People
No data
Median sale
$220/wk
Median rent
No data
Suburb gross yield
Listing material
Listed by Gleeson Real EstateThis modern home nestled in the heart of Mortlake, offers a lifestyle of convenience and comfort.
Built in 2015, this home boasts 4 bedrooms, 2 living areas, an ensuite, and a walk-in robe in the master bedroom, this house has ample living space. The property features a double garage, a garden shed, and occupies a spacious 725 square-meter block adorned with MANY flourishing fruit trees.
Inside, double-glazed windows ensure insulation and comfort throughout the home. There is also a substantial 6-kilowatt solar panel system with 3 storage batteries! Contributing to significant energy savings, along with privacy blinds and drapes adorning each window. The residence is also equipped with ducted central heating, evaporative cooling, and a split system for climate control. The solar hot water system is gas-boosted for efficiency.
Outside, an undercover pergola area extends under the main roof, providing a perfect space for outdoor relaxation. There is an extra parking spot beside the driveway to accommodate cars, caravan, or trailer. The property's abundant fruit trees include apples, pears, plums, kiwifruit, passionfruit, nectarines, peaches, apricots, grapevines, olive trees, mandarins, blackberries, mulberries, figs, and feijoas. This is an asset to any homeowner or green thumb!
Situated just two blocks from the main street, you will have easy access to schools, the beautiful gardens, the golf club, and various sporting facilities at the Mortlake DC Farren Oval. Why drive when you are just a short 3-minute walk to the nearby IGA supermarket, providing utmost convenience for daily needs. Move in and enjoy the luxurious lifestyle this home affords!
Not the mention, Mortlake is 35 minutes to Warrnambool and 18 minutes to Terang; offering both a beautiful life in Mortlake in a modern home and convenience and accessibility to major towns.
Call Jacob or Jeremy to arrange an inspection and find out why Mortlake is a beautiful place to live.
Listing description written by Jacob Gibbs, Gleeson Real Estate — reproduced as published, not verified by Districts.