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VIC › Niddrie › Rutland St

9 Rutland St, Niddrie VIC 3042

For saleHouse for Sale

$1,000,000–$1,100,000

For sale

Asking range

3

Bedrooms

1

Bathrooms

2

Car spaces

651 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,000,000–$1,100,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,000,000–$1,100,000(Listing record · 4 Aug 2026)
  • FactLand 651 m²; no building size recorded.(Property record)
  • CalculationAsk is 18% below the Niddrie median recorded sale ($1,216,500, n=36, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Niddrie's advertised median rent ($614/wk), implied gross yield would be 3.19% — 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

$1,000,000–$1,100,000

Asking range · $1,536/m² of land

No recorded sale for this property.

Niddrie at a glance

6,343

People

$1,216,500

Median sale

$614/wk

Median rent

2.62%

Suburb gross yield

Median sale from 36 recorded sales (last 12 months) — a Districts calculation.

See the full Niddrie report →

Vs Niddrie

-17.8%

Median sale

Suburb $1,216,500

+0.57 pp

Gross yield

Suburb 2.62%

Suburb median $1,216,500 from 36 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
$1,000,000
Stamp Duty (Victoria)
$55,000
Transfer/Registration Fee
$2,444
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
$1,061,144

$61,144 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 Niddrie's advertised median rent — not a rent for this listing.

Net yield
1.69%
Annual cashflow (pre-tax)
$-35,072
Interest cover (DSCR)
0.33
Annual rent
$31,928
Operating expenses
$15,000
Loan amount
$800,000
Annual interest
$52,000
Gross yield
3.19%

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$1,000,000–$1,100,000available4 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 $614/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

Niddrie in one glance

Niddrie at a glance

6,343

People

$1,216,500

Median sale

$614/wk

Median rent

2.62%

Suburb gross yield

Median sale from 36 recorded sales (last 12 months) — a Districts calculation.

See the full Niddrie report →

Keep researching

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

Listing material

Listed by Barry Plant Taylors Lakes

First Time Offered in Over 50 Years – A Rare Opportunity in the Heart of Niddrie

Offered to the market for the very first time since the mid-1970s, this much-loved family home is a rare offering that combines generations of cherished memories with exciting possibilities for the future. Occupying a substantial allotment of approximately 651m², this immaculately maintained residence provides the perfect opportunity for families looking to enter the highly sought-after Niddrie market, renovators wanting to add their own touch, or builders and developers ready to capitalise on an exceptional new home or dual occupancy site (STCA).

Behind its charming façade lies a warm and inviting home that has been lovingly cared for by the same owners for over five decades. The flexible floorplan offers generous proportions throughout, featuring three spacious bedrooms, multiple living and dining zones, kitchen complete with ample cabinetry, a central bathroom, and an expansive rear family room ( or third bedroom) that seamlessly connects to the covered entertaining overlooking the established gardens. Downstairs, you'll also find a large laundry, excellent storage and a covered carport, adding further practicality and flexibility for growing families.

Whether you choose to move straight in, renovate over time or unlock the incredible redevelopment potential, this is a property that offers endless opportunities in one of Melbourne's most tightly held inner north-west suburbs.

Read the full description

What truly sets this property apart is its outstanding location. Positioned within easy walking distance of the vibrant Keilor Road precinct, you'll enjoy an enviable lifestyle surrounded by some of the area's finest cafés, restaurants, boutique shopping, supermarkets and everyday conveniences. Families will appreciate being close to a selection of highly regarded primary and secondary schools, childcare facilities, local parks and the picturesque Steele Creek walking and cycling trails.

Commuters will love the effortless connectivity, with nearby tram and bus services, easy access to the Calder and Tullamarine Freeways, Citylink, Melbourne Airport and the CBD all within convenient reach. You're also only moments from Essendon Fields, DFO Essendon and Westfield Airport West, making this one of the most connected and convenient locations in Melbourne's north-west.

Whether you're searching for your forever family home, a blue-chip landholding or your next development project (STCA), opportunities like this are becoming increasingly difficult to find.

A once-in-a-generation opportunity to secure a tightly held family home in one of Niddrie's most desirable pockets, where lifestyle, convenience and future potential come together to create something truly special.

*ONSITE & ONLINE AUCTION-BIDDING BY REGISTRATION ONLY*

This auction will be conducted onsite and online. Please contact the selling agent to register your interest and intention to bid at our scheduled auction.

Listing description written by Andrew Koulaouzos, Barry Plant Taylors Lakes — reproduced as published, not verified by Districts.

Property features

  • Living Areas: 2
  • Toilets: 1
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.