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This property has been sold for $1,260,000 on 17 June 2026
107 days on market
Market context at sale
Listing journey
EssentialsThis property went through 2 price reductions over 107 days on market. See what it first asked, every reduction along the way, and what it finally sold for.
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Property overview
This 5-bedroom acreage+semi rural at 16 Collins Lane in Emu Creek, VIC 3551 sold for $1.3M in June 2026, with 2 bathrooms and parking for 6. It offers 569 m2 of internal living space. The median unit price in Emu Creek is $455K. Council data records bushfire overlay on the site. 1 school sits within about 5km.
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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Based on $1,295,000 asking signal.
Signals use available listing and suburb data. They are not personal financial advice.
- Planning overlay risk
Listed
Updated
Days on market
107
Latest price change
$1,345,000 to $1,295,000
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Rural / farmland listing
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Emu Creek at a glance
Unit market signals | VIC 3551
Median
$455K
estimate
Market signals
To CBD
120 km
Est. Valuation
$1,303,500
Potential Sell Price
Est. Rent/wk
$714
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.
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.
Total Cost to Purchase
- Purchase Price
- $1,295,000
- Stamp Duty (Victoria)
- $71,225
- Transfer/Registration Fee
- $2,500
- Legal & Conveyancing (est.)
- $2,000
- Building & Pest Inspection (est.)
- $700
- Total Cash Required
- $1,371,425
Estimates only. Assumes investment property, standard rates. Verify with your conveyancer.
Listing Details
- Listed
- Last Updated
- Postcode
- 3551
- 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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