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VIC › Drysdale › Heritage Mews

1 Heritage Mews, Drysdale VIC 3222

House

$930,000

Last sold

10 Feb 2022

4

Bedrooms

2

Bathrooms

3

Car spaces

538 m²

Land

30 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $930,000 (10 Feb 2022).(Recorded sale)
  • CalculationLand 538 m² against a 30 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Drysdale (last 5 years) with land size: median $1,262/m² of land (n=65). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.
  • FactZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 (GRZ1) under the ZN.(Vicmap Planning · 1 Sept 2026)

What could make it worth less?

  • FactPROTECTED SETTLEMENT BOUNDARY intersects 99.8% of this parcel.(Vicmap Planning · 1 Sept 2026)

What should you verify next?

  1. 1PROTECTED SETTLEMENT BOUNDARY affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  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

What this lot has actually traded at

Last sold

$930,000

10 Feb 2022 · derived via latest_sale

Local land rate: recorded House sales in Drysdale (last 5 years) with land size have a median of $1,262/m² of land (n=65). Districts calculation from recorded sales — not a valuation.

Drysdale at a glance

6,509

People

$742,500

Median sale

$528/wk

Median rent

3.70%

Suburb gross yield

Median sale from 20 recorded sales (last 12 months) — a Districts calculation.

See the full Drysdale report →

Vs Drysdale

+25.3%

Median sale

Suburb $742,500

-0.75 pp

Gross yield

Suburb 3.70%

Suburb median $742,500 from 20 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

ZN

Zone

GENERAL RESIDENTIAL ZONE - SCHEDULE 1

GRZ1

Jurisdiction

Greater Geelong

Greater Geelong, VIC

Planning overlays

  • PROTECTED SETTLEMENT BOUNDARYDetected — 99.8% of parcel

Development activity

Data unavailable

Source

  • Provider: Vicmap Planning
  • Dataset: PLAN_ZONE
  • Retrieved: 1 Sept 2026
  • Version: 1
  • Parcel: 423585086

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. Sold$930,00010 Feb 2022
  2. Listedprice unknowncompleted25 Jan 2022
  3. Listedprice unknowncompleted25 Jan 2022

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?

Confidence: medium

Zoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 539 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. The listing may look cheap relative to land or the street. What reduces it: PROTECTED SETTLEMENT BOUNDARY. This overlay can reduce what the land size appears to promise. 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 $528/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

Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. 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.

3 of 10 questions answered so far

  • Development optionality of this lot

    Knownmedium

    Zoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 539 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.

  • 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?

    Knownlow

    The listing may look cheap relative to land or the street. What reduces it: PROTECTED SETTLEMENT BOUNDARY. This overlay can reduce what the land size appears to promise.

  • Lot-level flood

    Unknown

    Flood overlay has not been queried for this lot. 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

    No DA adapter returned applications 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

Drysdale in one glance

Drysdale at a glance

6,509

People

$742,500

Median sale

$528/wk

Median rent

3.70%

Suburb gross yield

Median sale from 20 recorded sales (last 12 months) — a Districts calculation.

See the full Drysdale report →

Keep researching

  • Why Drysdale? Read the area thesis →
  • What else is on the market in Drysdale →
  • Other records on Heritage Mews →

Listing material

Listed by Stockdale & Leggo Drysdale

The perfect tradie family home!

Brace yourself to be more than impressed by this stunning Dennis Family home. Take the time to absorb the style and subtle colours combined to make this 2018 build sparkle.

Drenched in light and throwing off a homely vibe, the open plan living space allows for family. Fitted with an incredibly well appointed kitchen with butlers pantry and a window over looking the grassed area where watching the little ones is a breeze. The homes lower level opens to the undercover alfresco area where entertaining is made easy. A study at the front caters for working from home with direct access to the front entry. Laundry and a powder room make the bulk of living so comfortable and easy all from the ground.

A second living room upstairs provides more space to relax and a place to retire before bed. Four generous bedrooms, master with ensuite and a central bathroom with separate toilet.

Read the full description

Features of the home include eco central heating and cooling, stone benches, dishwasher, loads of storage, quality appliances and fittings as well as a double garage with internal access and dual street access which houses a GIANT shed perfect for the boat, caravan or tools.

Heritage Mews is a prime spot with bush walks and bike rides all the way to Queenscliff along the Rail Trail and Lake Lorne for that daily walk. Schools are a short walk as well as access to the Village shops and all amenities.

Take the stress out of building and move on in. Be quick - See you at the open home!

Disclaimer:

“Information contained on any marketing material, website or other portal should not be relied upon. You should make your own enquiries and seek your own independent advice with respect to any property advertised or the information about the property.”

Listing description written by Erin Carvill, Stockdale & Leggo Drysdale — reproduced as published, not verified by Districts.

Property features

  • Living Areas: 2
  • Toilets: 3
Districts

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

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.