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On 5,093 properties that later sold, blending providers in narrowed typical error from 6.68% to 5.66%, and lifted the share landing within 10% of the sale price from 66.9% to 73.3%.
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Property overview
This property at 199 Booley Rd in Gheringhap, VIC 3331 is currently on the market. It offers a 248 m2 block. Gheringhap sits about 70 km from the CBD, where the median house price is $2.2M. Council data records bushfire overlay on the site. The area scores 1 for walkability and 2 for transit out of 100.
A plain-language read on this listing (Strong, Monitor or Caution) drawn from its asking price, valuation gap, yield and suburb trend.
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- Planning overlay risk
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Gheringhap at a glance
Unit market signals | VIC 3331
Median
$530K
estimate
Market signals
To CBD
70 km
Est. Valuation
$887,190
Potential Sell Price
Est. Rent/wk
-
Potential Gross Yield
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Addresses, sold dates, days on market, sold vs asking spreads, plus the subject vs median verdict for each row.
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Key Highlights
Planning Overlays
Overlays Detected
Subdivision & Development Potential
Indicative assessment only. Consult your local council planning department for definitive subdivision information.
Listing Details
- Listed
- Last Updated
- Postcode
- 3331
- Original listing
- Original listing is on paid plans
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How accurate are AU property valuations?
Four providers benchmarked against 14,000 sold prices. MAE 6.82% to 11.24%, all biased high.
Where Australian property prices are rising and falling in 2026
Capital growth across 12,000+ tracked suburbs: WA +12%, VIC +3.9%, plus the picture in every other state.
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