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VIC › Boronia › Woodvale Rd

U2, 62 Woodvale Rd, Boronia VIC 3155

For saleUnit

$680,000–$748,000

For sale

Asking range

3

Bedrooms

2

Bathrooms

2

Car spaces

241 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $680,000–$748,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $680,000–$748,000(Listing record · 28 July 2026)
  • FactLand 241 m²; no building size recorded.(Property record)
  • CalculationAsk is 31% below the Boronia median recorded sale ($980,000, n=7, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Boronia's advertised median rent ($546/wk), implied gross yield would be 4.18% — 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

$680,000–$748,000

Asking range · $2,822/m² of land

No recorded sale for this property.

Boronia at a glance

24,079

People

$980,000

Median sale

$546/wk

Median rent

2.90%

Suburb gross yield

Median sale from 7 recorded sales (last 12 months) — a Districts calculation.

See the full Boronia report →

Vs Boronia

-30.6%

Median sale

Suburb $980,000

+1.28 pp

Gross yield

Suburb 2.90%

Suburb median $980,000 from 7 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
$680,000
Stamp Duty (Victoria)
$35,870
Transfer/Registration Fee
$1,695
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
$721,265

$41,265 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 Boronia's advertised median rent — not a rent for this listing.

Net yield
2.68%
Annual cashflow (pre-tax)
$-17,168
Interest cover (DSCR)
0.51
Annual rent
$28,392
Operating expenses
$10,200
Loan amount
$544,000
Annual interest
$35,360
Gross yield
4.18%

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$680,000–$748,000available28 July 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 $546/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 4.2%. 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

Boronia in one glance

Boronia at a glance

24,079

People

$980,000

Median sale

$546/wk

Median rent

2.90%

Suburb gross yield

Median sale from 7 recorded sales (last 12 months) — a Districts calculation.

See the full Boronia report →

Keep researching

  • Why Boronia? Read the area thesis →
  • What else is on the market in Boronia →
  • Other records on Woodvale Rd →

Listing material

Listed by Ray White Ferntree Gully

Refined Single-Level Elegance with Exceptional Lifestyle Appeal

Privately positioned and thoughtfully designed for effortless modern living, this beautifully presented residence delivers an outstanding blend of style, comfort and convenience in one of Boronia's most connected lifestyle locations.

Beyond its timeless brick façade, the home unfolds into a warm and inviting interior where quality finishes and natural light create an immediate sense of space. Rich timber flooring flows through the main living areas, complemented by LED downlights, ducted heating, ceiling fans and a Panasonic split system to ensure year-round comfort.

At the heart of the home, the well-appointed kitchen combines everyday functionality with timeless appeal. Featuring a generous walk-in pantry, laminated benchtops, tiled splashback, Blanco cooking appliances, a Fisher & Paykel dishwasher and a double sink, it offers an inviting space for both casual family meals and entertaining.

Read the full description

Designed to accommodate a range of lifestyles, the home offers three generous bedrooms, including a versatile front bedroom that can also serve as a home office or guest retreat. The impressive main suite enjoys the elegance of a charming bay window, a walk-in robe and a private ensuite complete with a double vanity and oversized shower, while the remaining bedroom is fitted with built-in storage and is serviced by a beautifully maintained central bathroom with a bath and separate shower.

Stepping outdoors, the private timber deck provides a peaceful setting for alfresco dining, morning coffee or relaxed evenings with family and friends. The low-maintenance rear yard, complemented by a landscaped stone garden and secure gated side access, enhances the home's effortless appeal. A double carport with sliding door access further adds to the practicality of this outstanding residence.

Delivering low-maintenance luxury without compromising on comfort or convenience, this impressive home presents an exceptional opportunity for families, professional couples, downsizers and investors seeking refined living in a highly desirable Boronia setting.

Features:

• Three spacious bedrooms

• Flexible home office or third bedroom

• Main suite with bay window

• Walk-in robe to main bedroom

• Private ensuite with double vanity

• Central bathroom with bath and shower

• Spacious open living area

• Timber flooring to living zones

• Carpeted bedrooms

• LED downlights throughout

• Ducted heating

• Panasonic split system air conditioning

• Ceiling fans

• Well-appointed kitchen

• Walk-in pantry

• Blanco cooktop and oven

• Fisher & Paykel dishwasher

• Timber entertaining deck

• Double carport with sliding door access

• Secure gated side access

Location:

Enjoy an exceptional lifestyle within easy walking distance of Blind Creek Trail and Blind Creek Billabong, St Joseph's Primary School, Fairpark Primary School and Fairhills Primary School. Fairhills High School, Boronia Mall, Boronia Junction, Boronia Village and Boronia Station are all close by, while Boronia K-12 College, Westfield Knox, Tim Neville Arboretum, Ferntree Gully Village, Ferntree Gully Station, Dobson Park and Knox Leisureworks are all just moments away, placing shopping, recreation, education and transport within effortless reach.

Disclaimer: The information contained herein has been supplied to us and is to be used as a guide only. No information in this report is to be relied on for financial or legal purposes. Although every care has been taken in the preparation of the above information, we stress that particulars herein are for information only and do not constitute representation by the Owners or Agent.

Listing description written by Paul Scott, Ray White Ferntree Gully — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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