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VIC › Drysdale › Eastwood Cres

10 Eastwood Cres, Drysdale VIC 3222

House

$615,000

Last sold

6 May 2023

3

Bedrooms

2

Bathrooms

2

Car spaces

660 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLast recorded sale $615,000 (6 May 2023).(Recorded sale)
  • FactLand 660 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Drysdale (last 5 years) with land size: median $1,263/m² of land (n=65). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 (GRZ1) under the ZN.(Vicmap Planning · 1 Sept 2026)

What could make it worth less?

  • FactDESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 14 intersects 99.8% of this parcel.(Vicmap Planning · 1 Sept 2026)
  • FactPROTECTED SETTLEMENT BOUNDARY intersects 99.8% of this parcel.(Vicmap Planning · 1 Sept 2026)

What should you verify next?

  1. 1DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 14 affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  2. 2PROTECTED SETTLEMENT BOUNDARY affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  3. 3No 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

$615,000

6 May 2023 · derived via latest_sale

Local land rate: recorded House sales in Drysdale (last 5 years) with land size have a median of $1,263/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

-17.2%

Median sale

Suburb $742,500

+0.76 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

Official property report

The original government planning document for this property. Sign in to view or download the PDF. Districts facts are a separate GIS extract and may not include every statement in the report.

Planning overlays

  • DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 14Detected — 99.8% of parcel

Development activity

Data unavailable

Source

  • Provider: Vicmap Planning
  • Dataset: PLAN_ZONE
  • Retrieved: 1 Sept 2026
  • Version: 1
  • Parcel: 41008458

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$615,0006 May 2023
  2. Listedprice unknowncompleted5 May 2023
  3. Listedprice unknowncompleted5 May 2023

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 661 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. Official parcel about 661 m² — land size can look like optionality. What reduces it: DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 14; PROTECTED SETTLEMENT BOUNDARY. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack. 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 661 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

    Official parcel about 661 m² — land size can look like optionality. What reduces it: DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 14; PROTECTED SETTLEMENT BOUNDARY. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.

  • 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 Eastwood Cres →

Listing material

Listed by Hayeswinckle Armstrong Creek

Tranquil Living, Walking Distance to Town

Positioned perfectly within walking distance to the Drysdale township, but feeling like you’re miles away, this neat and loved home is ready and waiting its next lucky owner.

Occupying a sizeable 660m2 parcel, the home offers quaint street appeal from the moment you lay eyes upon it. With timeless elegance, you’ll feel right at home the moment you step inside, with an immediate warmth and inviting feel. You’re welcomed by an entry nook, and access to the formal living space. The heart of the home comprises open plan and expansive kitchen, with electric cooking, dishwasher and ample meal preparation and storage space. The dining and living sit adjacent from the kitchen, and the perfect place to both relax and entertain. Offering 3 bedrooms, the master sits at the fore with walk-in-robe and ensuite, with the 2 remaining boasting built in robes and situated from the rear wing. The central bathroom with shower, bath and vanity, separate toilet, and laundry complete this well-appointed abode.

Sliding doors from the open living and dining allow for seamless indoor/outdoor entertaining, with an expansive undercover area. Mature foliage offers a serene backdrop, with plenty of scope to further personalise.

Read the full description

Additional Features Include -

Ducted Heating

Evaporative Cooling

Double Lock Up Garage

Solar Panels

Brand New Hot Water Unit

Ample space for multiple cars, the caravan, boat, and all toys in between!

When location counts, you can leave the car at home and take off on foot for all amenities. Supermarkets, medical facilities, primary and secondary schools, public transport, and reserves are all at your fingertips.

*All information about the property has been provided to Hayeswinckle by third parties. Hayeswinckle has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to this property.

Listing description written by Michaela Miller, Hayeswinckle Armstrong Creek — reproduced as published, not verified by Districts.

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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.