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VIC › Alfredton › Caroline St

8 Caroline St, Alfredton VIC 3350

For saleHouse for Sale

$820,000–$850,000

For sale

Asking range

4

Bedrooms

2

Bathrooms

2

Car spaces

1,082 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $820,000–$850,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $820,000–$850,000(Listing record · 24 Mar 2026)
  • FactLand 1,082 m²; no building size recorded.(Property record)
  • CalculationAsk is 15% above the Alfredton median recorded sale ($710,000, n=41, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Alfredton's advertised median rent ($512/wk), implied gross yield would be 3.25% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$820,000–$850,000

Asking range · $758/m² of land

No recorded sale for this property.

Alfredton at a glance

12,153

People

$710,000

Median sale

$512/wk

Median rent

3.75%

Suburb gross yield

Median sale from 41 recorded sales (last 12 months) — a Districts calculation.

See the full Alfredton report →

Vs Alfredton

+15.5%

Median sale

Suburb $710,000

-0.50 pp

Gross yield

Suburb 3.75%

Suburb median $710,000 from 41 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$820,000
Stamp Duty (Victoria)
$44,270
Transfer/Registration Fee
$2,023
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$869,993

$49,993 on top of the price (6.1% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

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.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Alfredton's advertised median rent — not a rent for this listing.

Net yield
1.75%
Annual cashflow (pre-tax)
$-28,316
Interest cover (DSCR)
0.34
Annual rent
$26,624
Operating expenses
$12,300
Loan amount
$656,000
Annual interest
$42,640
Gross yield
3.25%

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.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$820,000–$850,000available24 Mar 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $512/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 3.2%. 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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Alfredton in one glance

Alfredton at a glance

12,153

People

$710,000

Median sale

$512/wk

Median rent

3.75%

Suburb gross yield

Median sale from 41 recorded sales (last 12 months) — a Districts calculation.

See the full Alfredton report →

Keep researching

  • Why Alfredton? Read the area thesis →
  • What else is on the market in Alfredton →
  • Other records on Caroline St →

Listing material

Listed by Buxton Ballarat

Expansive, Immaculate Family Home in a Tightly Held Alfredton Locale

This well-maintained and spacious family home offers a versatile layout with features that can only be truly appreciated once inside. Set on a huge allotment of approximately 1,085m², the home combines space, comfort and lifestyle in a tightly held pocket of Alfredton.

A welcoming entrance opens through to multiple living zones, creating a warm and functional environment for everyday living. At the heart of the home is the kitchen, meals and living area, designed for practicality and connection. The kitchen offers ample storage with twin pantries and a functional layout, seamlessly flowing into the main living space. Comfort is assured with evaporative cooling servicing the living zones, along with heating for year-round comfort.

The downstairs master suite is generously proportioned and privately set, complete with a walk-in robe and a stylishly updated ensuite. A genuine study adds further flexibility, ideal as a home office, workspace or quiet retreat.

Read the full description

Upstairs, three well-proportioned bedrooms all include built-in robes, with the second bedroom offering additional space and the third featuring extra storage. The central bathroom remains neat and functional, complete with a separate bath, shower, vanity and separate toilet, ideal for family living.

Outdoors, the property truly shines. The expansive backyard is complemented by beautifully manicured gardens and a fully compliant, chlorinated pool, perfect for entertaining and enjoying the warmer months. There is also a garden shed or cubby, along with scope for side access, adding flexibility for future use.

Additional highlights include a double lock-up garage with an added workshop space, complemented by mezzanine storage — ideal for trades, hobbyists or those needing extra room.

Positioned in a tightly held and highly sought-after pocket of Alfredton, just minutes from the Ballarat Golf Club, local schools, shopping facilities and Lake Wendouree, this home delivers the perfect balance of lifestyle and convenience.

Don’t miss your opportunity to secure a standout family home on a substantial allotment.

Listing description written by Cade Rieniets, Buxton Ballarat — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.