Flemington at a glance
7,800
People
$1,120,000
Median sale
$463/wk
Median rent
2.15%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
VIC › Flemington › Morton Ln
$852,000
Last sold
23 Nov 2024
3
Bedrooms
1
Bathrooms
2
Car spaces
143 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
$852,000
23 Nov 2024 · derived via latest_sale
Local land rate: recorded House sales in Flemington (last 5 years) with land size have a median of $4,391/m² of land (n=4). Districts calculation from recorded sales — not a valuation.
Flemington at a glance
7,800
People
$1,120,000
Median sale
$463/wk
Median rent
2.15%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
Vs Flemington
-23.9%
Median sale
Suburb $1,120,000
+0.68 pp
Gross yield
Suburb 2.15%
Suburb median $1,120,000 from 5 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 $463/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
Flemington at a glance
7,800
People
$1,120,000
Median sale
$463/wk
Median rent
2.15%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Raine & Horne Ascot ValeWelcome to 7 Morton Lane, a stunning three-bedroom home complemented by a versatile fourth multifunctional attic.
As you step inside, you are greeted by a cozy reading nook or study to your right. The freshly polished floorboards throughout the ground floor lead to a neat kitchen equipped with modern appliances and a sleek stone benchtop. This space seamlessly transitions into a light-filled living area featuring reverse cycle heating and cooling, which flows effortlessly into the sun-drenched, manicured courtyard-your private outdoor haven perfect for relaxation or entertaining.
On the ground floor, you will also find a convenient powder room, a separate laundry, and central gas ducted heating for year-round comfort. The sleek single remote-control garage, complete with a newly painted floor, provides secure parking, alongside an additional car space directly in front.
The first floor houses three generous bedrooms, each radiating its own charm. The master suite boasts a spacious walk-in robe, bathed in natural light, with high ceilings, a private balcony, and an elegant ceiling fan. The second bedroom features its own private balcony and built-in robes, while the third bedroom opens into a spacious attic, ideal for a teenager's retreat, kids' games room, or study, while still offering ample storage space. The central bathroom on this level, which doubles as an ensuite, includes a spa bath, shower, and double vanity, adding both comfort and style.
Perfectly positioned near the vibrant Union Road shopping precinct and within easy reach of Newmarket and Ascot Vale train stations, this home seamlessly combines character, style, and location in one exceptional package. It's a fantastic opportunity for first home buyers, young families, or savvy investors.
Don't miss your chance to secure this extraordinary property in the heart of Flemington!
Listing description written by Pat Latorre, Raine & Horne Ascot Vale — reproduced as published, not verified by Districts.