Aspendale Gardens at a glance
6,547
People
$1,310,000
Median sale
$732/wk
Median rent
2.91%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
VIC › Aspendale Gardens › Palmtree Pl
$970,000
Last sold
9 July 2019
4
Bedrooms
2
Bathrooms
2
Car spaces
701 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
$970,000
9 July 2019 · derived via latest_sale
Local land rate: recorded House sales in Aspendale Gardens (last 5 years) with land size have a median of $2,075/m² of land (n=33). Districts calculation from recorded sales — not a valuation.
Aspendale Gardens at a glance
6,547
People
$1,310,000
Median sale
$732/wk
Median rent
2.91%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
Vs Aspendale Gardens
-26.0%
Median sale
Suburb $1,310,000
+1.01 pp
Gross yield
Suburb 2.91%
Suburb median $1,310,000 from 7 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 $732/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
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
Aspendale Gardens at a glance
6,547
People
$1,310,000
Median sale
$732/wk
Median rent
2.91%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Area Specialist VictoriaIf the heart and soul of your home is family, friends and entertaining guests, this double storey residence with outstanding entertainment space is just what you have been searching for! Enjoy a quiet court location, walking distance to numerous parks and reserves, Edithvale Wetlands, Aspendale Gardens Shopping Centre, Community Centre and Primary School as well as being only minutes to the beach, Aspendale Train Station and Rossdale Golf Course.
The spacious and freshly painted interiors comprise downstairs of a formal living and dining room, open plan kitchen, meals and family area, large study, laundry and powder room. Head up the feature timber staircase to find a third versatile living space, three robed bedrooms, a family bathroom, separate WC and a generous master suite with large bedroom, parents retreat, walk in robe and spa bath ensuite. Ducted heating, three reverse cycle air conditioners, ceiling fans and security shutters also add year round comfort throughout the home.
Set on a large block of approximately 701m2, the fantastic amenities continue outside. A long pergola entertainment area is perfect for outdoor living and the enclosed alfresco with second kitchen can host parties and festive feasts no matter what the weather brings! An oversized double garage with extra room for storage, wide driveway, side parking space and large covered area offer a multitude of storage, workshop and parking options, ideal for those with multiple cars, work vehicles, a trailer, caravan or boat.
Spacious two-storey family home with excellent entertaining amenities and parking plus
Three living areas, large study, four robed bedrooms, two bathrooms, powder room and laundry
Ducted heating, three reverse cycle air conditioners, ceiling fans and security shutters
Long entertainment pergola, enclosed alfresco, outdoor kitchen, oversized double garage, covered area and additional driveway parking
Close to parks and reserves, Edithvale Wetlands, Aspendale Gardens Shopping Centre, Community Centre and Primary School, the beach, Aspendale Train Station and Rossdale Golf Course
Our signs are everywhere... For more Real Estate in Aspendale Gardens contact your Area Specialist.
Note: Every care has been taken to verify the accuracy of the details in this advertisement, however we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves of any pertinent matters.
Listing description written by Andy Choi, Area Specialist Victoria — reproduced as published, not verified by Districts.