Hamilton at a glance
10,301
People
$421,450
Median sale
$398/wk
Median rent
4.91%
Suburb gross yield
Median sale from 52 recorded sales (last 12 months) — a Districts calculation.
VIC › Hamilton › W Schultz Rd
$1,260,000
Last sold
24 Feb 2025
6
Bedrooms
2
Bathrooms
5
Car spaces
95,700 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
$1,260,000
24 Feb 2025 · derived via latest_sale
Hamilton at a glance
10,301
People
$421,450
Median sale
$398/wk
Median rent
4.91%
Suburb gross yield
Median sale from 52 recorded sales (last 12 months) — a Districts calculation.
Vs Hamilton
+199.0%
Median sale
Suburb $421,450
-3.27 pp
Gross yield
Suburb 4.91%
Suburb median $421,450 from 52 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 $398/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
Hamilton at a glance
10,301
People
$421,450
Median sale
$398/wk
Median rent
4.91%
Suburb gross yield
Median sale from 52 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Groves Real EstateAuction Location: On site
In a tranquil, semi-rural setting just a five-minute drive from Hamilton's CBD, sits this potential-packed property.
The 9-hectare/23-acre property presents great subdivision potential, with the capacity to potentially divide the land into at least four blocks (S.T.C.A).
This is truly a unique opportunity with such a substantial property so close to the Hamilton CBD.
The brilliant lifestyle property offers fresh air, room to roam, peace and quiet, as well as a substantial brick home, ideal for a large family.
Containing five bedrooms, as well as multiple options for living, the solid home was constructed in 1994 and is surrounded by a wrap-around verandah and established front garden.
The functional layout sees the kitchen and family living areas at the heart of the home, while there is also a separate formal living room.
A wood heater in the main living zone ensures comfort in the cooler months.
The tasteful white, country style kitchen features electric cooktop, wall oven and dishwasher, as well as a walk-in pantry.
Peaceful rural vistas are available through the kitchen window, with a family of kangaroos that frequent the property regularly visible from this vantage point.
A separate, formal dining room is close by and could be utilised as an additional living room or children's play zone.
The spacious master bedroom has a large walk-in robe and an ensuite contains a shower, toilet and vanity with timber top.
Three additional good-sized bedrooms contain built-in robes, the fifth bedroom has a walk-in robe, and bedroom six doubles as a home office.
Large windows ensure the property is filled with natural light and there is no shortage of storage throughout, including a walk-in storage room, which could also be ultilised as an additional home office.
The family bathroom is positioned close to the bedrooms and contains a shower over bath and vanity with timber and gold accents. A separate toilet sits beside this.
An attached garage has been converted to a games room, ideal for entertaining and one of the bedrooms is accessed from here, ideal for a teenager's retreat.
External features include a 9x6 metre garage on concrete floor with power, two poly tanks (combined 55,000-litre capacity) and a carport.
The house yard is fully fenced from the rest of the property.
The exceptional subdivision potential (S.T.C.A.) of this property, paired with its suitability as a family lifestyle property makes it an extremely attractive option for purchasers.
The property will be auctioned on Saturday December 14, 2024, at 11am on site. To arrange your viewing, contact the team at Groves Real Estate.
Listing description written by Darren Groves, Groves Real Estate — 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.