Spring Gully at a glance
3,085
People
$700,000
Median sale
$460/wk
Median rent
3.42%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
VIC › Spring Gully › Spring Hill Dr
4
Bedrooms
2
Bathrooms
2
Car spaces
762 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 Spring Gully (last 5 years) with land size have a median of $872/m² of land (n=88). Districts calculation from recorded sales — not a valuation.
Spring Gully at a glance
3,085
People
$700,000
Median sale
$460/wk
Median rent
3.42%
Suburb gross yield
Median sale from 27 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 $460/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
Spring Gully at a glance
3,085
People
$700,000
Median sale
$460/wk
Median rent
3.42%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by McKean McGregor McKean McGregorTucked away in a quiet court, yet with easy access to National Park trails, hotel, café, and school, this beautifully presented home has much to love. Hidden away in a pretty, established court, this recently updated family home is beautifully presented and offers move-in ready living with all the benefits of central Victoria at your doorstep. Less than 10 minutes to Bendigo’s city centre, this brick build is also within easy reach of bushland walking and cycling tracks and trails (Spring Gully, One Tree Hill and Bendigo Creek) with the One Tree Hill Hotel, Spring Gully General Store and Spring Gully kindergarten and primary school just a short stroll away. Close proximity to the Spring Gully Mountain Bike Trails and Pump Track at the end of the street.
- Outstanding regional locale: walk to bus stops, playground, National Park tracks and trails (Spring Gully and One Tree Hill), kindergarten and primary school; just minutes to La Trobe University and Bendigo South East College; and less than 10 minutes to Bendigo CBD
- Versatile floorplan
- Spacious outdoor entertaining space including private undercover alfresco area (lights, power), built-in Weber Family Q (connected to natural gas) and fenced inground swimming pool (solar heated, salt chlorinated)
- Recently updated throughout including new ensuite with heated towel rail and LED backlit mirror; new powder room; new laundry; updated kitchen; new flooring; and new PVC downpipes
Updated, secure fencing at the entry offers easy, yet private access to the property and the sweeping driveway leading to the double garage ensures there is ample off-street parking. The main entry opens into a large, light-filled lounge and off this room is additional living or dining (currently utilised as a home office). A contemporary kitchen with great storage, and a dining area, open out to the rear yard, and the first of the four bedrooms is also accessible from the living space – ideal for a guest room, study, or extra living area.
At the other end of the home are the remaining three bedrooms, along with a full powder room, laundry, and a family bathroom. The main bedroom is generously proportioned and features a walk-in robe and new ensuite. The garden wraps around the house and has been well utilised with a private, undercover alfresco area; a sunny fenced courtyard with inground swimming pool; and a separate utility area with raised garden beds and chook pen. Each of these zones are separately fenced with secure gates providing practical access.
Additional features:
- Ducted evaporative cooling
- Gas space heater and Daiken reverse cycle split system heating and cooling
- Ceiling fans throughout
- Kitchen appliances including dishwasher, wall oven with separate grill and four-burner induction cooktop
- Quality window furnishings
- Custom built-in cabinetry in lounge and study
- Secure fencing and double gates at façade (power-coated aluminium slats)
- Fully landscaped front and rear yard
- Keyless electronic front door entry
- Crimsafe screen doors
- Motorised roller shutter to main bedroom
- Double garage (2 x roller doors, door to rear alfresco area)
- Storage area at rear (currently used as a cubby nook for kids)
- Solar power (5kw)
Disclaimer: All property measurements and information has been provided as honestly and accurately as possible by McKean McGregor Real Estate Pty Ltd. Some information is relied upon from third parties. Title information and further property details can be obtained from the Vendor Statement. We advise you to carry out your own due diligence to confirm the accuracy of the information provided in this advertisement and obtain professional advice if necessary. McKean McGregor Real Estate Pty Ltd do not accept responsibility or liability for any inaccuracies.
Listing description written by Bec Allen, McKean McGregor McKean McGregor — 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.