Wangaratta at a glance
19,199
People
$579,000
Median sale
$427/wk
Median rent
3.83%
Suburb gross yield
Median sale from 138 recorded sales (last 12 months) — a Districts calculation.
VIC › Wangaratta › Smith Cres
3
Bedrooms
1
Bathrooms
3
Car spaces
1,435.206 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Wangaratta (last 5 years) with land size have a median of $902/m² of land (n=106). Districts calculation from recorded sales — not a valuation.
Wangaratta at a glance
19,199
People
$579,000
Median sale
$427/wk
Median rent
3.83%
Suburb gross yield
Median sale from 138 recorded sales (last 12 months) — a Districts calculation.
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 $427/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
UnknownArea
Wangaratta at a glance
19,199
People
$579,000
Median sale
$427/wk
Median rent
3.83%
Suburb gross yield
Median sale from 138 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Tait Real Estate & CoPositioned in an increasingly active growth pocket of Wangaratta, 7 Smith Crescent presents an outstanding opportunity for investors, developers, and builders seeking scale, flexibility, and future upside. Set on an exceptional 1,435m² (approx.) allotment, the property offers genuine subdivision potential (STCA), with recent development activity already underway nearby-further reinforcing the long-term value and strategic appeal of the site.
The existing residence is well maintained and immediately functional, providing both holding income and comfortable liveability while future plans are explored. Comprising three bedrooms-each fitted with built-in robes-the home is supported by a practical floorplan that includes two separate living zones and a dedicated study, ideal for those working from home or requiring additional flexibility.
The updated kitchen is equipped with quality appliances, including a Miele dishwasher, gas cooktop, and electric oven, while year-round comfort is assured through ducted gas heating, evaporative cooling, ceiling fans throughout, supplemented by a refrigerated wall unit.
Outdoors, the home continues to deliver with a terrific raised entertaining deck complete with ramp access, concrete stumps, a three car carport, large shed, a patio area, garden shed, and secure fencing-adding further functionality for both owner-occupiers and tenants alike.
From an investment perspective, the property offers an estimated rental return of $430-$450 per week, making it an attractive land-bank or hold-and-develop proposition. Its proximity to Vincent Road shopping precinct, including Kmart, Coles, and easy access to the Wangaratta CBD, enhances tenant appeal and future resale value. The scale and layout may also suit community housing providers or government agencies seeking long-term residential assets.
Whether you're looking to subdivide (STCA), develop, land-bank, or secure a high-growth investment site with immediate income, this is a rare offering where location, land size, and future potential align.
For further information or to arrange a private inspection, please contact:
Connor Tait - Tait Real Estate
M: 0493 674 245
E: connor@taitrealestate.com.au
W: www.taitrealestate.com.au
Listing description written by Connor Tait, Tait Real Estate & Co — reproduced as published, not verified by Districts.
Victoria 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.