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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 4-bedroom acreage at 198-208 Mccorkells Road in Toolern Vale, VIC 3337 is currently on the market, with 2 bathrooms and parking for 6. Toolern Vale sits about 40 km from the CBD, where the median unit price is $660K. Council data records bushfire overlay on the site. 3 schools sit within about 5km, and the area scores 3 for walkability 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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Rural / farmland listing
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Toolern Vale at a glance
Unit market signals | VIC 3337
Median
$660K
estimate
Market signals
To CBD
40 km
Est. Valuation
$1,414,632
Potential Sell Price
Est. Rent/wk
$600
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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Planning Overlays
Overlays Detected
Subdivision & Development Potential
Indicative assessment only. Consult your local council planning department for definitive subdivision information.
From the listing description
Facts the agent has stated in the property description. Each item is attributed - click “View source” to see the original wording and verify against the listing.
Listing Details
- Listed
- Last Updated
- Postcode
- 3337
- 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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