Heidelberg West at a glance
7,037
People
$757,500
Median sale
$488/wk
Median rent
3.35%
Suburb gross yield
Median sale from 32 recorded sales (last 12 months) — a Districts calculation.
VIC › Heidelberg West › Tarakan St
$730,000
Last sold
1 Aug 2023
5
Bedrooms
1
Bathrooms
0
Car spaces
585 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
$730,000
1 Aug 2023 · derived via latest_sale
Local land rate: recorded House sales in Heidelberg West (last 5 years) with land size have a median of $1,475/m² of land (n=65). Districts calculation from recorded sales — not a valuation.
Heidelberg West at a glance
7,037
People
$757,500
Median sale
$488/wk
Median rent
3.35%
Suburb gross yield
Median sale from 32 recorded sales (last 12 months) — a Districts calculation.
Vs Heidelberg West
-3.6%
Median sale
Suburb $757,500
+0.13 pp
Gross yield
Suburb 3.35%
Suburb median $757,500 from 32 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 $488/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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
Heidelberg West at a glance
7,037
People
$757,500
Median sale
$488/wk
Median rent
3.35%
Suburb gross yield
Median sale from 32 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by The One Real EstateA premium opportunity on a tremendous footprint of approximately 585sqm of prime real estate, located in this sought-after family-friendly neighborhood surrounded by shops, services, and transport, this brick family home offers great bones and a blank canvas for those looking for a renovation project, with scope to redevelop or even rebuild (STCA).
The expansive block houses an impressive family residence, featuring five bedrooms all with built-in robes, a vast open-plan living and dining space, and an adjoining original kitchen. A full-sized family bathroom, and bonus separate laundry with a powder room, combine to offer immediate comfort and a superb start to creating your dream home by way of a full refurbishment, or basic cosmetic enhancements. The space lends itself to your personal style, and renovation flair and is limited only by your imagination.
Natural sunlight beams through from the huge picture windows and established gardens outside offer a timber entertaining deck, garden shed, vegetable garden, and ample storage options. Plenty of off-street parking and secure fencing round out this attractive package.
What elevates this family home is not only the internal space and versatile floorplan, is the solid structure from which to work.
The location is unparalleled, being zoned for Thornbury High School and Charles La Trobe P – 12 College, and a short work to local village shopping. A five-minute drive to Austin Hospital and Heidelberg train station and well serviced by bus routes along Oriel Road.
Enjoy nature and green space at nearby Malahang Reserve, and surrounding Darebin Creek Forest Park with its beautiful walking and cycling trails. Enjoy the convenience of a short drive to Northland Shopping Centre.
Listing description written by Dominic Tiong, The One Real Estate — reproduced as published, not verified by Districts.
Also look at
5/9 Ambon Ct, Heidelberg West VIC 3081
3-bed unit. Asking $765K.
U704b, 294 Bell St, Heidelberg West VIC 3081
1-bed apartment. Asking $430K–$460K.
U2, 9 Ambon Ct, Heidelberg West VIC 3081
2-bed townhouse. Asking $620K–$680K.
1/178 Oriel Rd, Heidelberg West VIC 3081
3-bed townhouse. Asking $790K–$850K.