Bo Peep at a glance
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Median sale
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Median rent
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Suburb gross yield
VIC › Bo Peep › Smarts Hill Rd
$1,009,200
Last sold
8 Mar 2024
3
Bedrooms
1
Bathrooms
1
Car spaces
343,982.796 m²
Land
Districts View
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
$1,009,200
8 Mar 2024 · derived via latest_sale
Bo Peep at a glance
No data
Median sale
No data
Median rent
No data
Suburb gross yield
Planning
Planning scheme
ZN
Zone
FARMING ZONE
FZ
Jurisdiction
Ballarat
Ballarat, VIC
Official property report
The original government planning document for this property. Sign in to view or download the PDF. Districts facts are a separate GIS extract and may not include every statement in the report.
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.
The official layer maps a flood zone on this parcel (Vicmap Planning, retrieved 1 Sept 2026). Verify the extent against the title before relying on unaffected land.
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
VICZoned FARMING ZONE · FZ (ZN). Listed land size 343,983 m² (not confirmed against cadastre). Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
The loaded flood overlay affects this parcel; the share of the lot is not recorded. Layer: FLOODWAY OVERLAY. Also mapped: LAND SUBJECT TO INUNDATION OVERLAY. That is a finance, insurance, and rentability screen — distinct from whether the land can be subdivided. It is not a flood certificate or an insurer quote. Lot area is the listing figure, not the official parcel. Confidence is low. Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Listed land size 343,983 m² — that figure can look like optionality until cadastre and overlays are applied. What reduces it: EROSION MANAGEMENT OVERLAY; SIGNIFICANT LANDSCAPE OVERLAY; FLOODWAY OVERLAY; ENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 2; LAND SUBJECT TO INUNDATION OVERLAY. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent and no suburb rent aggregate are loaded. Official bond files are not loaded. Listing rent and suburb aggregates are evidence, not this address’s rent.
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
This looks more like a hold-as-is house than a development site. Flood on the lot is the first thing to price.
Detail
Listed land size 343,983 m² — that figure can look like optionality until cadastre and overlays are applied. What reduces it: EROSION MANAGEMENT OVERLAY; SIGNIFICANT LANDSCAPE OVERLAY; FLOODWAY OVERLAY; ENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 2; LAND SUBJECT TO INUNDATION OVERLAY. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.
Nearby competing dwellings and net yield are still unknown.
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.
3 of 10 questions answered so far
Development optionality of this lot
KnownlowZoned FARMING ZONE · FZ (ZN). Listed land size 343,983 m² (not confirmed against cadastre). Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
UnknownNo advertised rent and no suburb rent aggregate are loaded. Official bond files are not loaded. Listing rent and suburb aggregates are evidence, not this address’s rent.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
KnownmediumListed land size 343,983 m² — that figure can look like optionality until cadastre and overlays are applied. What reduces it: EROSION MANAGEMENT OVERLAY; SIGNIFICANT LANDSCAPE OVERLAY; FLOODWAY OVERLAY; ENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 2; LAND SUBJECT TO INUNDATION OVERLAY. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.
Lot-level flood
KnownlowThe loaded flood overlay affects this parcel; the share of the lot is not recorded. Layer: FLOODWAY OVERLAY. Also mapped: LAND SUBJECT TO INUNDATION OVERLAY. That is a finance, insurance, and rentability screen — distinct from whether the land can be subdivided. It is not a flood certificate or an insurer quote.
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownNo DA adapter returned applications 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
Bo Peep at a glance
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Median sale
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Median rent
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Suburb gross yield
Listing material
Listed by PRD BallaratIntroducing "Alexs," a remarkable land opportunity spanning approximately 87 acres in the prestigious Blue Ribbon farming district of Bo Peep. This property, held within the same family for about 60 years, showcases the exclusivity of the area, making this sale a once-in-a-lifetime prospect.
"Alexs" comes with significant improvements, including a large hay shed, a standalone machinery shed, and a high-quality shearing shed complete with power and sheep yards. A unique feature of this property is its reliable stock bore, a rarity in Bo Peep, providing water for both livestock and house gardens.
The comfortable farmhouse on the property offers 3 or 4 bedrooms, recently upgraded with new windows and external house cladding, ensuring a blend of traditional charm and modern comfort. The land itself is thoughtfully divided into 3 paddocks and benefits from dual road frontage on Cuthberts and Smarts Hill Roads, offering excellent access and flexibility.
Situated near Lake Burrumbeet, "Alexs" enjoys the tranquillity of rural living while being conveniently located just a 10-minute drive from all the services and amenities of Alfredton. This property presents a unique opportunity for those seeking to invest in a highly sought-after area, known for its agricultural productivity and scenic beauty.
Auction Friday 8th March @ 2pm (Location Burrumbeet Hall)
Terms - 10% Deposit and settlement 120 days or earlier by mutual agreement.
Early access for the purpose of autumn cropping of the land only, will be granted before settlement and upon unconditional contract.
Please note the following items are excluded from the sale, wool press, shearing table, 3 shearing plants, all hay in the hay shed.
Ballarat's Best-Selling Team
Listing description written by Chris Leonard, PRD Ballarat — reproduced as published, not verified by Districts.