Fairfield at a glance
7,166
People
$2,030,000
Median sale
$638/wk
Median rent
1.63%
Suburb gross yield
Median sale from 8 recorded sales (last 24 months) — a Districts calculation.
VIC › Fairfield › Separation St
$1,230,000
Last sold
3 Oct 2017
3
Bedrooms
2
Bathrooms
4
Car spaces
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
$1,230,000
3 Oct 2017 · derived via latest_sale
Fairfield at a glance
7,166
People
$2,030,000
Median sale
$638/wk
Median rent
1.63%
Suburb gross yield
Median sale from 8 recorded sales (last 24 months) — a Districts calculation.
Vs Fairfield
-39.4%
Median sale
Suburb $2,030,000
+1.07 pp
Gross yield
Suburb 1.63%
Suburb median $2,030,000 from 8 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 $638/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
Fairfield at a glance
7,166
People
$2,030,000
Median sale
$638/wk
Median rent
1.63%
Suburb gross yield
Median sale from 8 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by Love & Co ReservoirBoasting a wide 16.8m approx frontage, this single-level residence thrills the senses with its spacious land of 585 sqm (approx.) and the addition of a bungalow means that you can essentially reap the rewards of two homes - an Investor's dream! Move into the bungalow whilst you play out your renovation/development dreams (STCA) or enjoy the present-day appeal of this blissful sanctuary set close to Fairfield Station, Alphington Station, Fairfield Primary School and Darebin Parklands.
Accommodation abounds with two large bedrooms (BIR'S) boasting direct access to the front garden and they are serviced by a sunny central bathroom whilst entertaining is brilliantly brought to life, courtesy of a vast open-plan living area/dining room which is overseen by a contemporary kitchen decked out with stainless steel appliances.
Seamlessly spilling outdoors, discover an all-seasons deck overlooking the established gardens and with a sunken lounge, it's the relaxing haven you've always craved while a self-contained bungalow ignites excitement as it features a downstairs sunny lounge room/dining area, a sleek kitchen and a bright bathroom. A spiralling staircase then reveals the upper level where a bedroom with striking high angular ceilings, an open wardrobe and a balcony overlooking the treetops creates a lasting impression. This bungalow is fantastic for working from home or you can continue leasing it out. Alternatively, move in whilst undergoing the renovations of the main house or devise a redevelopment plan (STCA.)
PN Concept drawings for 2 x contemporary residences designed by leading architects Ikonomidis Reid also available.
Due diligence checklist - for home and residential property buyers
http://www.consumer.vic.gov.au/duediligencechecklist
Listing description written by Bill Kyriakopoulos, Love & Co Reservoir — reproduced as published, not verified by Districts.