Grovedale at a glance
14,041
People
$717,500
Median sale
$519/wk
Median rent
3.76%
Suburb gross yield
Median sale from 10 recorded sales (last 24 months) — a Districts calculation.
VIC › Grovedale › Bundaleer Ave
$879,000–$929,000
For sale
Asking range
4
Bedrooms
2
Bathrooms
2
Car spaces
650 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
Asking
$879,000–$929,000
Asking range · $1,352/m² of land
No recorded sale for this property.
Grovedale at a glance
14,041
People
$717,500
Median sale
$519/wk
Median rent
3.76%
Suburb gross yield
Median sale from 10 recorded sales (last 24 months) — a Districts calculation.
Vs Grovedale
+22.5%
Median sale
Suburb $717,500
-0.69 pp
Gross yield
Suburb 3.76%
Suburb median $717,500 from 10 recorded sales (last 24 months) — a Districts calculation, not a portal figure.
Based on the low end of the asking range, not a contract price.
$53,671 on top of the price (6.1% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Based on the low end of the asking range, not a contract price.
Pre-filled with Grovedale's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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 $519/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.
Gross yield if leased at the suburb aggregate is 3.1%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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
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?
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.
Area
Grovedale at a glance
14,041
People
$717,500
Median sale
$519/wk
Median rent
3.76%
Suburb gross yield
Median sale from 10 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by Barry Plant South BarwonSet on a generous 650m² (approx.) allotment in one of Grovedale's most convenient pockets, this quality built Signature home delivers a thoughtful blend of space, comfort and functionality, perfectly suited to growing families, entertainers or those simply searching for a home with room to move. Built with attention to detail and exceptionally well maintained over the years, the home offers multiple living zones, a bright open plan design and a fantastic outdoor entertaining setup ready to be enjoyed from day one.
Stepping through the entry, you are welcomed by a spacious formal lounge positioned at the front of the home, complete with a split system and ducted heating throughout for year round comfort. Continuing through, the home opens into a light filled kitchen, living and dining area where tiled flooring, generous proportions and an easy flowing layout create the ideal everyday living space. The kitchen is well appointed with ample bench space, a four burner stove, electric oven, dishwasher and walk in pantry, all overlooking the main living and meals area.
The spacious master bedroom is privately positioned and features a walk in robe along with a well presented ensuite complete with an oversized shower, vanity and toilet. The remaining three bedrooms are all generously sized and fitted with built in robes, serviced by a central bathroom offering a built in bath, separate shower and vanity, while the separate laundry includes built in bench space and additional linen storage.
Sliding doors open out to a true entertainer's dream, where the expansive decked undercover entertaining area overlooks the spacious backyard, creating the perfect setting for gatherings with family and friends all year round. The yard itself offers plenty of space for kids and pets to enjoy, while the cubby house and garden shed remain with the property, adding even more practicality and appeal. The home also includes a water tank for garden use.
The double garage has been exceptionally maintained and finished with epoxy flake flooring, creating a versatile space that could comfortably function as additional entertaining, a home gym, workshop or hobby area, while still maintaining secure vehicle accommodation. A rear roller door also provides convenient backyard access.
Additional features include ducted heating, split system cooling, plantation shutters, excellent storage throughout and the quality craftsmanship Signature Homes are known for.
Ideally positioned within walking distance to Grovedale Primary School, Mandama Primary School, Grovedale College and local parks, you are also just moments from Waurn Ponds Shopping Centre, the Grovedale IGA precinct, Leisurelink Aquatic Centre and public transport. With easy access to Waurn Ponds Station, the Surf Coast Highway and Deakin University, this is a location that truly ticks every box.
Listing description written by Deane Hughes, Barry Plant South Barwon — reproduced as published, not verified by Districts.
Also look at
195 Heyers Rd, Grovedale VIC 3216
5-bed house. Currently listed.
U3, 15 Greenville Dr, Grovedale VIC 3216
2-bed unit. Asking $500K–$550K.
9 Eldine Ct, Grovedale VIC 3216
4-bed house. Asking $799K–$839K.
77 Meadowvale Dr, Grovedale VIC 3216
3-bed townhouse. Asking $680K–$720K.