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VIC › Ferny Creek › Seaview Ave

7 Seaview Ave, Ferny Creek VIC 3786

House

$923,000

Last sold

27 May 2023

3

Bedrooms

1

Bathrooms

3

Car spaces

1,975 m²

Land

130.064 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $923,000 (27 May 2023).(Recorded sale)
  • CalculationLand 1,975 m² against a 130 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Ferny Creek (last 5 years) with land size: median $465/m² of land (n=63). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$923,000

27 May 2023 · derived via latest_sale

Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.

Local land rate: recorded House sales in Ferny Creek (last 5 years) with land size have a median of $465/m² of land (n=63). Districts calculation from recorded sales — not a valuation.

Ferny Creek at a glance

1,527

People

$1,160,000

Median sale

$610/wk

Median rent

2.73%

Suburb gross yield

Median sale from 13 recorded sales (last 12 months) — a Districts calculation.

See the full Ferny Creek report →

Vs Ferny Creek

-20.4%

Median sale

Suburb $1,160,000

+0.71 pp

Gross yield

Suburb 2.73%

Suburb median $1,160,000 from 13 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

202120222023$881k$923k
  • Sold (recorded)
  1. Sold$923,00027 May 2023
  2. Listedprice unknowncompleted17 May 2023
  3. Sold$881,00023 Mar 2021
  4. Listedprice unknowncompleted17 Mar 2021

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $610/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Ferny Creek in one glance

Ferny Creek at a glance

1,527

People

$1,160,000

Median sale

$610/wk

Median rent

2.73%

Suburb gross yield

Median sale from 13 recorded sales (last 12 months) — a Districts calculation.

See the full Ferny Creek report →

Keep researching

  • Why Ferny Creek? Read the area thesis →
  • What else is on the market in Ferny Creek →
  • Other records on Seaview Ave →

Listing material

Listed by Bell Real Estate Olinda

Beautifully Renovated with State Forest at your Back Gate

Positioned in a quiet and low-traffic no-through road with Dandenong Ranges walking tracks on your doorstep, this beautifully renovated hills home will delight first home buyers looking for a peaceful setting to raise a family with amazing outdoor space and plenty of opportunity to embrace the mountainous fresh air. Set far back from the road and on a lush and leafy 1975m2 allotment, there is a lot to love about this contemporary hills sanctuary with classic gardens featuring all your favourites including rhododendrons and Japanese Maples.

The home showcases stunning polished floorboards that contrast strikingly with the brilliant white cabinetry and glossy stone of the modern skylit kitchen. Open plan in design, with premium Bosch stainless-steel appliances, the kitchen features a deluxe centre bench decadent in size with wine storage for your favourite drops and plenty of space for displaying all your cookbooks and favourite dinnerware. The family/meals zone frames the kitchen meaning the chef of the house is always part of the action.

Three bedrooms are positioned off a hallway and feature custom fitted robes and new doors with elegant pendant lights in the master. A modern family bathroom services the bedrooms and features a shower and bath.

Read the full description

The verdant gardens provide a magical backdrop to the home with a wonderland of paved alfresco spaces, children’s playground, firepit for toasting marshmallows and lush lawn that joins a forest haven. The back gate opens to National Park where you can enjoy tranquil bushwalks among towering gums along the Moore Break track to Sherbrooke Falls. What a lifestyle!

Further highlights include ducted heating, split system and ceiling fans for seasonal comfort, chic laundry, huge four car garage/workshop with power with drive through access and plenty of off-street parking in the driveway. The home is also NBN available for those who want to work from home in a peaceful and tranquil environment and almost all windows are double glazed. Don’t delay. Enquire today.

Disclaimer: All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice.

Listing description written by Corinne Sukroo, Bell Real Estate Olinda — reproduced as published, not verified by Districts.

Property features

  • Toilets: 1

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Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.