Newcomb at a glance
4,563
People
$624,000
Median sale
$417/wk
Median rent
3.48%
Suburb gross yield
Median sale from 19 recorded sales (last 12 months) — a Districts calculation.
VIC › Newcomb › Myrtle Ave
$925,000
Last sold
3 Dec 2023
3
Bedrooms
2
Bathrooms
2
Car spaces
684 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
Last sold
$925,000
3 Dec 2023 · derived via latest_sale
Local land rate: recorded House sales in Newcomb (last 5 years) with land size have a median of $954/m² of land (n=74). Districts calculation from recorded sales — not a valuation.
Newcomb at a glance
4,563
People
$624,000
Median sale
$417/wk
Median rent
3.48%
Suburb gross yield
Median sale from 19 recorded sales (last 12 months) — a Districts calculation.
Vs Newcomb
+48.2%
Median sale
Suburb $624,000
-1.14 pp
Gross yield
Suburb 3.48%
Suburb median $624,000 from 19 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
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 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 exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $417/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
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.
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
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.”
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
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.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownArea
Newcomb at a glance
4,563
People
$624,000
Median sale
$417/wk
Median rent
3.48%
Suburb gross yield
Median sale from 19 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Andrews Estate AgentsSet on a generous 684m2 in Newcomb's most sought-after position only one street from blue chip East Geelong, this masterfully crafted family home seamlessly combines style, practicality, and luxurious comfort. Thoughtfully updated to retain its original character, this home creates a lifestyle that your whole family can enjoy. With an enviable outdoor entertaining area complete with a open fire, bar, remote blinds, and separate self-contained guest living, this is your chance to secure your dream home only 5 minutes from Geelong CBD and Waterfront. This classic weatherboard features ornate cornice, high ceilings, and polished timber floors, infused with modern comforts including beautiful gas log/ducted heating, split system heating and cooling for year-round comfort, ceiling fans and double block-out blinds throughout. The charming entryway flows through to the open plan living area revealing soaring ceilings with skylights creating a sense of light and space. The magnificent kitchen features a large island bench, stone benchtops, modern cabinetry, freestanding gas cooktop and oven, feature glass splashback, excellent storage provisions, and is well positioned for the entertainer to overlook the dining area and out to the alfresco. An exquisite master suite is a tranquil retreat with beautiful sheer curtains and a luxurious ensuite. Two additional bedrooms are filled with natural light, boasting tall built-in robes and ceiling fans. The central bathroom will impress with on trend stone top vanity, walk in shower with freestanding bath and quality fittings. The undercover entertaining area offers both a private space to relax or host celebrations! Complete with remote blinds, open wood fire, BBQ with range-hood and Bar, all overlooking the huge backyard! To the rear of the yard is self-contained guest living including a folding bed, a toilet, split H/C and much more to make it the ideal 4th bedroom/kids retreat/office. This blissful lifestyle could be yours, located just a stone's throw from Geelong Botanic Gardens, only a few minutes' drive to Geelong CBD and 5 min drive to Eastern Beach. Easy access to schools, shopping centres and hospital, public transport and 24-hour service station. Don't miss your chance to secure your dream home or savvy investment in this highly regarded position in Newcomb, Myrtle Avenue!
-684m2 close to CBD
-Premium outdoor entertaining
-Self-contained living to rear
-Gas log/ducted heating
-Split system H/C
-Study space
Listing description written by Nicole Andrews, Andrews Estate Agents — reproduced as published, not verified by Districts.
Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis 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
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.