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VIC › Kangaroo Flat › Wesley St

93 Wesley St, Kangaroo Flat VIC 3555

For saleHouse for Sale

$970,000–$1,020,000

For sale

Asking range

4

Bedrooms

2

Bathrooms

2

Car spaces

1,069 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $970,000–$1,020,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $970,000–$1,020,000(Listing record · 4 May 2026)
  • CalculationAsk is 54% above the Kangaroo Flat median recorded sale ($630,400, n=115, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Kangaroo Flat's advertised median rent ($460/wk), implied gross yield would be 2.47% — 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

$970,000–$1,020,000

Asking range · $907/m² of land

No recorded sale for this property.

Kangaroo Flat at a glance

11,109

People

$630,400

Median sale

$460/wk

Median rent

3.79%

Suburb gross yield

Median sale from 115 recorded sales (last 12 months) — a Districts calculation.

See the full Kangaroo Flat report →

Vs Kangaroo Flat

+53.9%

Median sale

Suburb $630,400

-1.32 pp

Gross yield

Suburb 3.79%

Suburb median $630,400 from 115 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
$970,000
Stamp Duty (Victoria)
$53,350
Transfer/Registration Fee
$2,374
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
$1,029,424

$59,424 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 Kangaroo Flat's advertised median rent — not a rent for this listing.

Net yield
0.97%
Annual cashflow (pre-tax)
$-41,070
Interest cover (DSCR)
0.19
Annual rent
$23,920
Operating expenses
$14,550
Loan amount
$776,000
Annual interest
$50,440
Gross yield
2.47%

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$970,000–$1,020,000available4 May 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 $460/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 2.5%. 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

Kangaroo Flat in one glance

Kangaroo Flat at a glance

11,109

People

$630,400

Median sale

$460/wk

Median rent

3.79%

Suburb gross yield

Median sale from 115 recorded sales (last 12 months) — a Districts calculation.

See the full Kangaroo Flat report →

Keep researching

  • Why Kangaroo Flat? Read the area thesis →
  • What else is on the market in Kangaroo Flat →
  • Other records on Wesley St →

Listing material

Listed by For Sale By Owner

Every Sunset comes with a Lake View

The Phone Code for this property is: 48850. Please quote this number when phoning or texting.

Please contact us to book an Inspection.

Positioned on a substantial corner allotment of Forest Lake, this quality built home by local builder Stephen James Homes delivers a unique lifestyle for the discerning buyer. This exquisite 4-bedroom residence offers both luxury and serenity. Boasting a harmonious blend of modern comfort and natural beauty, this home is a sanctuary where every detail has been meticulously crafted to create an oasis of relaxation.

Read the full description

As you enter the property you are greeted by the tranquil tropical gardens that surround the home. The sandstone tiled portico offers not only a welcoming entrance to the home but also an area to relax under the wide verandah and enjoy the native birdlife attracted to the fauna.

Step inside and discover a haven of comfort and style. The spacious layout encompasses two living areas perfect for both relaxation and entertaining guests. Quality floor coverings and window furnishings together with the ducted heating and cooling systems and several ceiling fans ensure year round comfort. The generous sized bedrooms and living areas create a versatile floor plan whilst the storage throughout the home provides a place for everything. The main living room is located off the central passage and could be furnished as formal living and dining.

The heart of the home is the well-appointed kitchen/family/dining featuring quality Omega appliances, double gas wall oven, 6 burner gas hot plates, dishwasher, plumbed fridge outlet, concealed microwave space and dual bin cupboard, double pantry cupboards, featured fluted glass cupboards and granite bench tops.

The four generous bedrooms with ample built in robes, quality carpet and window furnishings offer comfortable retreats for the whole family. The master suite boasts a generous fully fitted out walk in robe and ensuite with a luxurious double shower, corner spa, heat lamps, vanity and an additional wall hung 5 drawer storage unit, heated towel rail and separate toilet.

Outside, the entertainment options are endless. Enjoy the newly updated alfresco area with natural gas connection, quality French pattern tiled flooring, ceiling fan and completed with Ziptrak blinds that fully enclose the space creating a relaxing atmosphere to entertain all year round regardless of the weather.

Gather around the fire pit area on cool evenings, creating memories with family and friends that will last a lifetime.

For the outdoor enthusiast, the property features a bocce court, perfect for friendly competitions and gatherings. The fully established turf and landscaped gardens are complemented by two large water tanks and an oversized garden shed, ensuring that your outdoor oasis remains pristine and well-maintained.

Recently painted interior and exterior along with additional features including sprinklers for easy garden maintenance, caravan/boat access for those with a sense of adventure, and a two-car garage for secure parking. There is room for a backyard garage, pool, or both!

Located in a highly sought-after neighbourhood, this home offers the convenience of close proximity to numerous Childcare Centres, Primary and Secondary Schools, the local Shopping Strip, Major Shopping Centres, and Train Station making it an easy commute to Melbourne. Enjoy leisurely strolls along the walking tracks at the nearby Crusoe Reservoir recreational area or indulge in aquatic activities at the Indoor Aquatic Centre. For those seeking a bit of social interaction, the Football and Bowling Clubs are just a stone's throw away.

With hospitals and the Bendigo City shopping centre only a short 15 minute drive, this property truly offers the best of both worlds - a peaceful retreat with all the amenities and conveniences of modern living within easy reach.

Don't miss this rare opportunity to secure your slice of paradise. Embrace a lifestyle of luxury, tranquillity and convenience in this immaculate well maintained home. Arrange a private viewing today and experience the epitome of modern living in a highly desirable location.

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner Pty Ltd (forsalebyowner.com.au) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.

Listing description written by For Sale By Owner (VIC), For Sale By Owner — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Dishwasher
  • Ensuites: 1
  • Fully Fenced
  • Indoor Spa
  • Outdoor Entertaining
  • Remote Garage
  • Secure Parking
  • Shed
  • Water Tank
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.