Wy Yung at a glance
2,244
People
$500,500
Median sale
$479/wk
Median rent
4.98%
Suburb gross yield
Median sale from 18 recorded sales (last 24 months) — a Districts calculation.
VIC › Wy Yung › Tierney St
$170,000
Last sold
8 Nov 2024
0
Bedrooms
0
Bathrooms
0
Car spaces
704 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
$170,000
8 Nov 2024 · derived via latest_sale
Local land rate: recorded Land sales in Wy Yung (last 5 years) with land size have a median of $53/m² of land (n=6). Districts calculation from recorded sales — not a valuation.
Wy Yung at a glance
2,244
People
$500,500
Median sale
$479/wk
Median rent
4.98%
Suburb gross yield
Median sale from 18 recorded sales (last 24 months) — a Districts calculation.
Vs Wy Yung
-66.0%
Median sale
Suburb $500,500
+9.67 pp
Gross yield
Suburb 4.98%
Suburb median $500,500 from 18 recorded sales (last 24 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 $479/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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
Wy Yung at a glance
2,244
People
$500,500
Median sale
$479/wk
Median rent
4.98%
Suburb gross yield
Median sale from 18 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by Coast to Country Real EstateHave you been searching for the perfect place to build your dream home? Look no further than this low maintenance residential block in Tierney Street.
The 704 m2 lot is arguably one of the best value parcels of land remaining in Wy Yung. Situated towards the end of a peaceful no through road, this sunny, gently sloping block is ready and waiting for you to bring your imagination and design the perfect home to suit your lifestyle. Building options are aplenty and the lucky buyers could perhaps consider a double storey home, to take advantage of the fabulous views across the creek and down to the Mitchell River flats.
Power, mains water, sewer and NBN are available, whilst there is good Telstra 5G reception in the area. A brand-new timber fence has also been constructed at the rear meaning three sides of the property are fenced, thus minimising your total build cost!
For a meal or a few drinks, the famous Wy Yung Pub is only a short walk. Enjoy a fresh loaf of bread from the wonderful Wy Yung bakery, which again is only a short stroll away. Education facilities are also close by with Gippsland Grammar School and Lucknow Primary School within walking distance and two Early Learning Centres located in nearby Eastwood. The Bairnsdale CBD, which has three the three major supermarkets, a variety of national retailers and specialty shops, is only a short drive over the river.
Parklands, walking trails and waterways are also close by. Access to the Mitchell River Walking Track network is only a short distance and this links up with The East Gippsland Rail Trail at Howitt Park. Open to cyclists and hikers, this approximately ninety-six-kilometre trail begins in Bairnsdale and continues east to Orbost, on the way crossing the many rivers that flow into the Gippsland Lakes. Boating and fishing options are abundant in this part of Victoria and are readily accessible. Like adventure? It's only a short drive to the Victorian High Country, perfect for those that like to explore further afield. The Victorian snowfields are around two and a half hours' drive via the beautiful Tambo Valley.
What are you waiting for? Come and see this incredible block yourself and start imagining all the amazing memories you'll make here. Your dream home awaits!
Please contact Matt Byrne on 0410 681 323 or Richard Ivey on 0401 113 310 for more information.
Listing description written by Richard Ivey, Coast to Country Real Estate — reproduced as published, not verified by Districts.
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