Jackass Flat at a glance
2,192
People
$610,000
Median sale
$444/wk
Median rent
3.78%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
VIC › Jackass Flat › Oakwood Ave
$492,000
Last sold
28 May 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
500 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
$492,000
28 May 2024 · derived via latest_sale
Local land rate: recorded House sales in Jackass Flat (last 5 years) with land size have a median of $1,075/m² of land (n=88). Districts calculation from recorded sales — not a valuation.
Jackass Flat at a glance
2,192
People
$610,000
Median sale
$444/wk
Median rent
3.78%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
Vs Jackass Flat
-19.3%
Median sale
Suburb $610,000
+0.91 pp
Gross yield
Suburb 3.78%
Suburb median $610,000 from 23 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 $444/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
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
Jackass Flat at a glance
2,192
People
$610,000
Median sale
$444/wk
Median rent
3.78%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Bendigo Real EstateThis lovely home in family-friendly Jackass Flat has been freshly primed and prepared for sale, mostly repainted throughout. The asking price, location and floorplan will pique the interests of first home buyers, downsizers and investors keen to capitalise on a convenient location.
Jackass Flat is in a sweet spot between Eaglehawk, White Hills and Epsom, with easy access to the shopping precincts, schools, childcare centres, parks and gardens of all three. Beautiful Lake Tom Thumb is just down the road, as is the Neangar Park Golf Course
Number 806 Oakwood Drive boasts a prime corner position. It presents a chic contemporary cream brick façade to its quiet street. Drive straight into the double garage with automatic roller door, and step inside the home, or enter via the high portico and front door.
Inside, find a tried-and-true floorplan that's universally loved for good reason. The master bedroom is at the front, with a walk-in-robe and a three-piece ensuite. As with all the bedrooms, it has timber venetian blinds on the windows.
A further three bedrooms are located in their own wing, along with the crisp white and charcoal bathroom, laundry and separate toilet.
The open-plan living area catches the northern sun through its big floor-to-ceiling windows. Split system heating and cooling keeps the area cosy, in addition to the ducted heating that flows throughout the home. The space incorporates a large, carpeted lounge area and a tiled dining space and kitchen – new carpets will really set this home off for the next owner, and complement the recent updates to paint.
The all-white kitchen will always be in style. It has a stainless steel under bench oven, gas cooktop, rangehood and dishwasher. You'll love the walk-in-pantry and the long breakfast bar.
A sliding glass door leads to an alfresco area under the roofline. The rear yard is neat and secure, with some established garden and plenty of scope to add your own touches. Pebbled paths follow the perimeter of the home for easy upkeep.
The interior design is easy to work with, the floor plan is easy to occupy and the home is easy to love if you're seeking value, quality and a location that's ready made for lifestyle.
With vacant possession currently, it's been a long term rental, with expectations of $470-$480 p/w in todays market lending itself to a favourable gross return of 5% - excellent in the current Bendigo rental market.
Listing description written by Paul Byrne, Bendigo Real Estate — reproduced as published, not verified by Districts.