Eltham North at a glance
6,760
People
$1,204,000
Median sale
$568/wk
Median rent
2.45%
Suburb gross yield
Median sale from 48 recorded sales (last 12 months) — a Districts calculation.
VIC › Eltham North › Banks Rd
$1,600,000–$1,750,000
For sale
Asking range
5
Bedrooms
4
Bathrooms
2
Car spaces
1,134 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
Asking
$1,600,000–$1,750,000
Asking range · $1,411/m² of land
No recorded sale for this property.
Local land rate: recorded House sales in Eltham North (last 5 years) with land size have a median of $1,449/m² of land (n=128). Districts calculation from recorded sales — not a valuation.
Eltham North at a glance
6,760
People
$1,204,000
Median sale
$568/wk
Median rent
2.45%
Suburb gross yield
Median sale from 48 recorded sales (last 12 months) — a Districts calculation.
Vs Eltham North
+32.9%
Median sale
Suburb $1,204,000
-0.60 pp
Gross yield
Suburb 2.45%
Suburb median $1,204,000 from 48 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Based on the low end of the asking range, not a contract price.
$95,314 on top of the price (6.0% extra)
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.
Based on the low end of the asking range, not a contract price.
Pre-filled with Eltham North's advertised median rent — not a rent for this listing.
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.
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 $568/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.
Gross yield if leased at the suburb aggregate is 1.8%. 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
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
Eltham North at a glance
6,760
People
$1,204,000
Median sale
$568/wk
Median rent
2.45%
Suburb gross yield
Median sale from 48 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Morrison Kleeman Estate Agents Eltham Greensborough DoreenPerched high on an expansive 1,134m² allotment (approx.), this outstanding multi-level residence delivers refined family living with sweeping views across the treetops to the distant ranges. Designed to maximise natural light and generous proportions, it offers a superb balance of luxury, comfort and flexibility.
Multiple living zones provide exceptional versatility. An expansive lounge, warmed by a woodfire heater and complete with theatre equipment, opens through a wall of bifold doors to a broad entertaining deck—creating a seamless indoor-outdoor connection framed by breathtaking outlooks. A separate family living area extends to a second deck, offering yet another inviting space to relax or entertain against a stunning ranges backdrop.
At the heart of the home, the stone-finished kitchen impresses with its sleek glass splashback, quality Smeg appliances and breakfast bench—perfect for casual meals or gathering with friends while meals are prepared.
Accommodation is equally well-considered. The main bedroom enjoys direct deck access and features a fitted walk-in robe and a luxurious stone ensuite with dual basins and a spa bath. Two additional bedrooms share a beautifully appointed bathroom with an oversized shower, while a fourth bedroom—currently configured as a study—benefits from its own ensuite, making it ideal for guests, extended family or multi-generational living.
Outdoors, the terraced rear yard is a private sanctuary set amid lush greenery and distinctive crazy paving. A sparkling swimming pool forms the centrepiece, complemented by firepit seating, raised vegetable beds and a substantial, fully self-contained studio. Finished with timber floors, a full bathroom and extensive built-in storage, the studio offers outstanding flexibility as teenage accommodation, guest quarters or a dedicated work-from-home space—separate from the main residence.
Further highlights include remote-control blinds, individual climate control units to almost every room, ceiling fans, a well-equipped laundry with storage, and a remote double garage with abundant shelving integrated beneath the home.
Positioned within the sought-after St Helena College zone, this premium address is just a short walk to bus services and extensive parklands, and only minutes from St Helena Market Place and Eltham for shopping, dining, entertainment and train access.
An exceptional opportunity to secure a spacious, feature-rich family retreat in a highly desirable locale.
*** PHOTO ID REQUIRED AT OPEN FOR INSPECTIONS ***
Listing description written by David Judge, Morrison Kleeman Estate Agents Eltham Greensborough Doreen — reproduced as published, not verified by Districts.
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