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VIC › Eynesbury › Metcalfe St

9 Metcalfe St, Eynesbury VIC 3338

For saleHouse for Sale

$1,150,000–$1,250,000

For sale

Asking range

5

Bedrooms

2

Bathrooms

2

Car spaces

825 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,150,000–$1,250,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,150,000–$1,250,000(Listing record · 11 Aug 2026)
  • CalculationLand 825 m² against a 44 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationAsk is 72% above the Eynesbury median recorded sale ($670,500, n=95, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Eynesbury's advertised median rent ($484/wk), implied gross yield would be 2.19% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

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

$1,150,000–$1,250,000

Asking range · $1,394/m² of land

No recorded sale for this property.

Eynesbury at a glance

4,344

People

$670,500

Median sale

$484/wk

Median rent

3.75%

Suburb gross yield

Median sale from 95 recorded sales (last 12 months) — a Districts calculation.

See the full Eynesbury report →

Vs Eynesbury

+71.5%

Median sale

Suburb $670,500

-1.56 pp

Gross yield

Suburb 3.75%

Suburb median $670,500 from 95 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
$1,150,000
Stamp Duty (Victoria)
$63,250
Transfer/Registration Fee
$2,795
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
$1,219,745

$69,745 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 Eynesbury's advertised median rent — not a rent for this listing.

Net yield
0.69%
Annual cashflow (pre-tax)
$-51,882
Interest cover (DSCR)
0.13
Annual rent
$25,168
Operating expenses
$17,250
Loan amount
$920,000
Annual interest
$59,800
Gross yield
2.19%

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$1,150,000–$1,250,000available11 Aug 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 $484/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 2.2%. 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

Eynesbury in one glance

Eynesbury at a glance

4,344

People

$670,500

Median sale

$484/wk

Median rent

3.75%

Suburb gross yield

Median sale from 95 recorded sales (last 12 months) — a Districts calculation.

See the full Eynesbury report →

Keep researching

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

Listing material

Listed by First National Real Estate Melton

Private, Peaceful and Wrapped in Golf Course Views!

There are homes that impress because of what has been added to them, and then there are homes whose greatest luxury is something much harder to create: where they are located.

Tucked into one of Eynesbury's most unexpected court-style settings, with no through traffic and the golf course wrapping around the outlook, this substantial family residence occupies approximately 825m² and enjoys a remarkable sense of privacy. From inside, greenery and fairway views appear again and again, while the home's north-facing orientation draws beautiful natural light through its generous proportions.

It feels removed, peaceful and incredibly private, yet it remains very much connected to the heart of Eynesbury.

Read the full description

Designed across two expansive levels, the scale is immediately apparent. Wide passages, high ceilings and bamboo flooring establish a sense of openness, while multiple living spaces allow a large family to genuinely spread out rather than simply occupy different corners of the same room.

At the front, double timber and glass French doors open to the fifth bedroom or study. With plumbing and reverse cycle split system heating and cooling already provided, this room introduces another layer of versatility for anyone considering a home salon, consulting space or other home-based business.

The first lounge is a beautiful introduction to the home's relationship with its surroundings. Light-filled and framed by expansive golf course views, it combines the warmth of a gas log fireplace with the quieter feel of a library or sitting room. It is an inviting space to retreat from the larger living areas, with the changing landscape outside becoming part of the room itself.

The main living and dining zone featuring wainscotting walls is substantial, light-filled and connected directly to the garden and golf course beyond. At its centre is a kitchen built for a household that actually uses it, with an oversized island bench, stone surfaces, 900mm gas cooktop and dual wall ovens. The large walk-through butler's pantry provides exceptional additional storage, preparation space, stone benchtops and a second sink, allowing the working side of the kitchen to disappear from view when entertaining.

A large separate rumpus provides yet another ground-floor living zone and connects with the covered alfresco, while outdoors the sheer amount of usable backyard is increasingly difficult to find.

There is room here for children and pets to have a backyard worthy of the name. Room for a trampoline. Room to entertain. And, subject to the appropriate approvals, plenty of potential to contemplate a future pool without sacrificing the entire garden. All of it unfolds against the golf course backdrop.

Upstairs, the scale continues.

Three secondary bedrooms all with Walk in Robes sit alongside the family bathroom, while an enormous central theatre/retreat measuring approximately 6.8m x 4.8m creates a genuine fourth living zone complete with projector and theatre screen. A separate study nook branching from this space gives homework or working from home its own dedicated place too.

The master suite is deliberately removed from the remaining bedrooms and feels appropriately private walking through double doors. 4 large walk-through mirrored robe leads into an impressive open ensuite with double vanity, oversized shower, spa bath and stone benchtops.

A large scale balcony from the Master encapsulates the golf course views perfectly.

And while the setting may be the emotional reason to fall in love with this property, some of its most valuable improvements are far more practical.

A 6.6kW solar PV system is paired with a GoodWe all-in-one energy storage system, incorporating a 10kW inverter and an extraordinary 49.98kWh of battery storage, together with full-home backup capability during power outages and an installed 32-amp EV charger.

It is a significant energy setup and an increasingly relevant inclusion for buyers looking beyond the aesthetics of a home to how it will actually perform and support modern family life.

A Sonos sound system extends throughout the home, while ducted heating, evaporative cooling, additional split-system air conditioning to multiple bedrooms, ceiling fans and extensive storage further reinforce just how comprehensively this property has been considered.

Outside, established low-maintenance gardens complement rather than compete with the natural surroundings. The large covered and decked alfresco with strip heating, ceiling fan and cafe blinds looks across the backyard towards the course, while side access leads to a practical utility area and garden shed.

This is not simply a large home on a large block. There is genuine scale without the home feeling imposing, multiple living spaces without compromising connection, and an abundance of natural light that changes the feel of the home throughout the day. Most importantly, the golf course is not simply a backdrop to the backyard. It becomes part of the home itself, appearing through windows, across living spaces and from the upper level, while the unusual position provides a level of privacy that is difficult to replicate.

The Eynesbury Lifestyle

Eynesbury has always offered something different to a conventional residential estate. Established trees, the Grey Box Forest, walking trails, open green spaces and the championship golf course create a landscape that feels remarkably removed from suburbia, while the historic Homestead, local school, sporting facilities, parks and growing town centre continue to shape a genuine community around it.

Important Information: All information has been prepared in good faith and is believed to be accurate at the time of publication. Buyers should conduct their own enquiries, inspections and due diligence. Personal information will be handled in accordance with applicable privacy legislation and our Privacy Policy. Prospective purchasers are encouraged to review the Consumer Affairs Victoria Due Diligence Checklist.

Listing description written by Jade Carberry, First National Real Estate Melton — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Alarm System
  • Balcony
  • Built-in Robes
  • Courtyard
  • Deck
  • Dishwasher
  • Ducted Heating
  • Ensuites: 1
  • Floorboards
  • Fully Fenced
  • Indoor Spa
  • Outdoor Entertaining
  • Remote Garage
  • Rumpus Room
  • Secure Parking
  • Shed
  • Solar Panels
  • Study
  • Toilets: 3
Districts

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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.