Cheltenham at a glance
26,278
People
$1,325,000
Median sale
$655/wk
Median rent
2.57%
Suburb gross yield
Median sale from 19 recorded sales (last 24 months) — a Districts calculation.
VIC › Cheltenham › Pyingerra Cres
$1,600,000
Last sold
14 Oct 2019
4
Bedrooms
3
Bathrooms
2
Car spaces
804 m²
Land
Districts View
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
$1,600,000
14 Oct 2019 · derived via latest_sale
Local land rate: recorded House sales in Cheltenham (last 5 years) with land size have a median of $2,178/m² of land (n=76). Districts calculation from recorded sales — not a valuation.
Cheltenham at a glance
26,278
People
$1,325,000
Median sale
$655/wk
Median rent
2.57%
Suburb gross yield
Median sale from 19 recorded sales (last 24 months) — a Districts calculation.
Vs Cheltenham
+20.8%
Median sale
Suburb $1,325,000
-0.44 pp
Gross yield
Suburb 2.57%
Suburb median $1,325,000 from 19 recorded sales (last 24 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 3
NRZ3
Jurisdiction
Bayside (Vic.)
Bayside (Vic.), 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.
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
VICZoned NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 3 · NRZ3 (ZN). Official parcel area about 806 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.
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 806 m² — land size can look like optionality. What reduces it: DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1; VEGETATION PROTECTION OVERLAY - SCHEDULE 3; DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 3. 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
No advertised rent is recorded. Suburb median rent $655/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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 3 · NRZ3 (ZN). Official parcel area about 806 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
UnknownVictoria 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?
KnownlowOfficial parcel about 806 m² — land size can look like optionality. What reduces it: DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1; VEGETATION PROTECTION OVERLAY - SCHEDULE 3; DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 3. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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.
Area
Cheltenham at a glance
26,278
People
$1,325,000
Median sale
$655/wk
Median rent
2.57%
Suburb gross yield
Median sale from 19 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by Jellis Craig MentoneThis family home is the real deal when it comes to summer entertaining!
Featuring a flexible floorplan ready to adapt to any family's needs, it is perfectly positioned within the Beaumaris Secondary School zone, just moments from Southland, close to Melbourne's Finest Sandbelt Golf Courses, childcare & transport options.
Standing proudly on its substantial 804m2 (approx) allotment. With such large Bayside land available, there are options to finish the home to your own personal taste or start again with your own design (STCA) .
Catering for every get-together, the kitchen is positioned perfectly for the afternoon natural light. Space for entertaining is endless, two dining areas, family room and a lounge room for impressing your guests. While at the rear a magnificent north west facing garden with a large swimming pool for a growing family.
An Entertainment room area is an invaluable inclusion, whilst the four bedrooms with BIR'S provide plenty of space for everyone to enjoy. Three gleaming bathrooms and a huge double garage with a spacious front yard which occupies a position within one of Cheltenham's most desirable streets.
There aren't many properties like this that come up in this tightly held pocket of Cheltenham. This once in a lifetime opportunity won't last long!
Listing description written by Christian De Frece, Jellis Craig Mentone — reproduced as published, not verified by Districts.
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