Weir Views at a glance
7,712
People
$610,000
Median sale
$426/wk
Median rent
3.63%
Suburb gross yield
Median sale from 152 recorded sales (last 12 months) — a Districts calculation.
VIC › Weir Views › Elpis Rd
$579,000–$609,000
For sale
Asking range
4
Bedrooms
2
Bathrooms
2
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
Asking
$579,000–$609,000
Asking range
No recorded sale for this property.
Weir Views at a glance
7,712
People
$610,000
Median sale
$426/wk
Median rent
3.63%
Suburb gross yield
Median sale from 152 recorded sales (last 12 months) — a Districts calculation.
Vs Weir Views
-5.1%
Median sale
Suburb $610,000
+0.20 pp
Gross yield
Suburb 3.63%
Suburb median $610,000 from 152 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Based on the low end of the asking range, not a contract price.
$34,969 on top of the price (6.0% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Based on the low end of the asking range, not a contract price.
Pre-filled with Weir Views's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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 $426/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.
Gross yield if leased at the suburb aggregate is 3.8%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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
Weir Views at a glance
7,712
People
$610,000
Median sale
$426/wk
Median rent
3.63%
Suburb gross yield
Median sale from 152 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by LJ Hooker MeltonPerfectly positioned within walking distance to Opalia Plaza Shopping Centre, this beautifully presented family home offers modern comfort, quality finishes, and a functional floorplan designed for easy living.
Featuring four generous bedrooms and two well-appointed bathrooms, the home caters perfectly to growing families, first-home buyers, and investors alike. The spacious master suite is privately positioned and includes a walk-in robe, while the remaining three bedrooms are fitted with built-in robes for ample storage.
At the heart of the home is a stunning kitchen showcasing premium stone benchtops and matching stone splashback, complemented by 900mm stainless steel appliances, dishwasher, and feature lighting that adds a touch of elegance.
The open-plan living and dining area is enhanced with stylish floorboards and downlights throughout the property, creating a warm and modern space that flows seamlessly to the outdoor area.
Step outside to the covered alfresco area, providing a seamless indoor-outdoor lifestyle ideal for entertaining family and friends year-round. The home is further enhanced by a beautifully landscaped front yard, adding strong street appeal from the moment you arrive.
Additional features include:
• Four spacious bedrooms
• Master bedroom with a walk-in robe and an ensuite
• Remaining bedrooms with built-in robes
• Stone benchtops and stone splashback to kitchen
• 900mm stainless steel appliances
• Dishwasher
• Feature lighting in the kitchen
• Open-plan living and dining with floorboards
• Downlights throughout
• Ducted heating and cooling throughout
• Common bathroom with extended shower and bathtub
• Covered alfresco area
• Landscaped front yard
• Walking distance to Opalia Plaza Shopping Centre
• Walking distance to nearby primary school, bus stops, parks, and a wide range of everyday amenities
Combining quality finishes, comfort, and a highly convenient location, this impressive home presents an outstanding opportunity to secure a modern family residence in the heart of Weir Views.
Enquire today to secure this fantastic opportunity.
Call Yohanna Saad on 0423 523 061 or Ricky Singh on 0415 307 406 for your private inspection.
DISCLAIMER: All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent.
Please see the below link for an up-to-date copy of the Due Diligence Check List:
http://www.consumer.vic.gov.au/duediligencechecklist
Listing description written by Daniel Mammone, LJ Hooker Melton — reproduced as published, not verified by Districts.