Heathcote at a glance
3,253
People
$622,500
Median sale
$412/wk
Median rent
3.44%
Suburb gross yield
Median sale from 70 recorded sales (last 12 months) — a Districts calculation.
VIC › Heathcote › Northern Hwy
$720,000
Last sold
27 May 2024
3
Bedrooms
1
Bathrooms
2
Car spaces
40,000 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
$720,000
27 May 2024 · derived via latest_sale
Local land rate: recorded Rural Property sales in Heathcote (last 5 years) with land size have a median of $15/m² of land (n=23). Districts calculation from recorded sales — not a valuation.
Heathcote at a glance
3,253
People
$622,500
Median sale
$412/wk
Median rent
3.44%
Suburb gross yield
Median sale from 70 recorded sales (last 12 months) — a Districts calculation.
Vs Heathcote
+15.7%
Median sale
Suburb $622,500
-0.46 pp
Gross yield
Suburb 3.44%
Suburb median $622,500 from 70 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 $412/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
Heathcote at a glance
3,253
People
$622,500
Median sale
$412/wk
Median rent
3.44%
Suburb gross yield
Median sale from 70 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Todd PropertySituated on a sprawling 10-acre allotment with a bore, this idyllic estate boasts an impressive 500 olive trees and a charming 3-bedroom brick home.
The warm and inviting 3-bedroom brick home, approximately 20 years young, has gone through a full internal renovation with a new kitchen, bathrooms, timber floors, downlights, roller blinds and a fresh re-paint that welcomes you with a spacious open plan design. The heart of the home is a generously proportioned kitchen, meals, and living area, complete with reverse cycles split system, a cozy wood heater, and a sliding door access to the front veranda. From here, you can bask in panoramic views of the entire property. All three bedrooms are equipped with Built-In Robes (BIRs), while the bathroom offers a vanity, a rejuvenating shower, and a separate toilet and laundry.
Outside improvements include a 6.3m x 7.5m shed with a concrete floor, ensuring ample storage and workspace for your endeavors. With two rainwater tanks, three dams, and an unmetered bore that has never dried out in the past 20 years, your water needs are efficiently met.
The approx 500 olive trees on the property have proven to be prolific, yielding 5,000kg of olives that have been transformed into 1000L of precious oil and 400kg of delectable table olives. Olive trees require minimal care therefore, you can either harvest and produce olive oil as a side income once a year (average income of $25k per annum) or enjoy the scenery of the olive trees.
A diverse orchard comprising approximately 80 fruit trees, including various apple and pear varieties, grapevines in both red and white hues, and nut trees. All trees are serviced be a irrigation system three dams and a quality bore, making watering an easy task.
The property offers two access points, one via a service road from the Northern Highway and the other via the rear entrance from the Mt Ida lookout road. Dont dream about it, do it!
Listing description written by Brad Todd, Todd Property — reproduced as published, not verified by Districts.